Property Type: Detached HouseOwnership: Freehold

5330 Falls St

Port Alberni, BC V9Y7K2

$849,900

4 bed2 bath6 parking2,115 sqftBuilt 1946
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Property Details

Property & Lot

Sub-type
House
Lot size
0.94 acres
Zoning
Unknown

RR

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,020.51

Interior

Heating
Forced air, Wood
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, River view, View
Waterfront
Waterfront on river

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
BathroomLower level3-Piece
BathroomMain level4-Piece
Mud roomLower level5'2 x 16'5
StorageLower level22'10 x 23'6
StorageLower level11'3 x 11'10
WorkshopLower level11'8 x 13'4
OtherLower level11'5 x 11'7
Primary BedroomLower level15'5 x 24'2
OtherMain level11'3 x 12'7
EntranceMain level6'0 x 11'6
BedroomMain level10'9 x 11'6
Living roomMain level11'6 x 20'11
BedroomMain level10'6 x 11'3
BedroomMain level11'3 x 11'6
Family roomMain level11'7 x 15'7
Laundry roomMain level5'5 x 9'11
KitchenMain level15'0 x 17'4
Dining roomMain level9'1 x 17'4

Listing Information

MLS®
1046826
Listed
August 13, 2026
Time on market
On the market for 18 days
Data last synced
August 28, 2026

Listing provided by: Loyal Homes Ltd. · Data source: CREA DDF.

Description

Nearly an acre on the Somass River with private access, and the freedom to launch a paddleboard or kayak from your own yard - all within Port Alberni city limits. This 0.94 acre riverfront property offers a rare combination of space, privacy, character, and everyday convenience, with a gorgeous home set among mature landscaping and sweeping views of the water. From the moment you arrive, it feels remarkably removed from the pace of town. Inside, the home has a character all its own. The open oak kitchen and dining area features 11’ vaulted ceilings, custom stained glass windows, and a walkout to the two-tiered deck overlooking the river. It’s an easy place to gather, dine outside, or simply watch the water move past. The main level continues with a massive living room featuring wood floors and a wood stove with stone surround, plus three bedrooms, a full bathroom, family room, and laundry room. Downstairs, the primary bedroom offers 10’ ceilings, a huge walk-in closet, and a statement clawfoot soaker tub. A 3-piece bathroom with outdoor access is especially practical after a day on the river, while abundant storage, an attached single garage, separate indoor workshop with high ceilings, and a wood-burning furnace add versatility. The grounds are equally memorable, with apples, cherries, pears, and figs growing throughout the established landscaping. An underground pet fence adds peace of mind. At the river’s edge, your private access becomes the starting point for kayaking, paddleboarding, fishing, or heading toward the Alberni Inlet and Barkley Sound. Whether the day starts with coffee on the deck or ends beside the water, the river becomes part of the rhythm of life here. Paper Mill Dam Park, Riverbend Cafe, and Naesgaard’s Farm Market are all just steps from home, and shopping, restaurants, schools, trails, and amenities are all close by. Reach out any time to arrange your private viewing. (id:63159)

Values & Trends

This listing

$402/sqft

Building average

No other active listings in this building

Port Alberni average

$434/sqft

122 active listing(s)

Parking: 6 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

15°C

Humidity 86%

Wind S calm km/h

Tonight

11°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

10°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

18,259

(2021 Census)

+3.3% since 2016

Density: 928.7/km²

Dwellings: 8,919

Median household income: $62,800

After-tax: $58,400

Immigrant population: 10%

Top countries of origin (% of total population)

  • United Kingdom2.4% · 430
  • India1% · 190
  • Netherlands0.8% · 150
  • United States of America0.8% · 140
  • Germany0.6% · 115
  • Italy0.5% · 85
  • Mexico0.3% · 60
  • Viet Nam0.3% · 50

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

15

2/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Haahuupayak School(Independent)Elementary486 m
Tsuma-as ElementaryElementary2.3 km
Alberni ElementaryElementary3.3 km
des Grands-cedresElementary4.0 km
John Paul II Catholic School(Independent)Elementary4.2 km
John Howitt ElementaryElementary4.2 km
Alberni District SecondarySecondary4.4 km
Wood ElementaryElementary4.8 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Grocery (1)

  • Riverbend Cafe & General Store · 6109 River Road318 m

Parks (3)

  • Westporte Place South Park465 m
  • Westporte Place North Park · 5535 Woodland Crescent East489 m
  • River Road Park · 6038 River Road518 m

Nearby places data: © OpenStreetMap contributors.

School district: Pacific Rim (SD70)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($59,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$679,920.00
Periodic payment — Principal & Interest (monthly)$4,386.61
Additional monthly expenses (strata, tax, utilities, etc.)$607.71
Total monthly cost$4,994.32
Interest paid over 5-yr term$194,867.03
Balance at end of term$611,590.24

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$59,990
Stress test qualifying rate8.09%
Payment you must qualify for$6,074.13

Cash Needed at Closing

Minimum down payment$59,990
Estimated BC PTT$14,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$76,488

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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