C$2,499,900

5350 Falls St, Port Alberni BC, V9Y 9G3

Price per sqftN/A

Property typeCommercial

Courtesy of Real Broker

Overview

Active

Listed Jun 11, 2026

Updated Jul 18

Shovel-ready riverside development opportunity on 5.84 acres along the Somass River. Preliminary Layout Review (PLR) in hand from the City of Port Alberni for 31 bare-land strata lots - the heavy lifting is done. Zoned RM1 (Low Density Multi-Residential) so the options are wide open: build the planned 31-lot community, develop townhomes, duplexes or multi-family, hold it as one private estate acreage, or reconfigure into 8-10 larger waterfront lots from a half-acre & up sized to allow a home plus a shop. Flexibility to design for today's market & maximize returns. Thoughtfully planned community with a walking trail, river viewpoints & beach access in a natural setting. Minutes to Clutesi Haven Marina, with easy access to Sproat Lake & Tofino. Sale includes PLR plus full subdivision package: engineering reports, DFO approvals, Disclosure Statement & QS reports. Ideal for investors, builders, end-users, or developers. Buyer to confirm uses, lot configurations& density with the City.

Additional information

MLS^® ID: 1039995

Interior Features

Basement: No

Exterior Features

Lot Size: 5.84 Acres

Other Property Details

Taxes: $14,181
Tax Frequency: Annually
View: Yes
Waterfront: Yes

Courtesy of Real Broker, Amy Francoeur

Listing Contact: 250-857-6704

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