4571 Pemberton Rd - Main photo, Port Alberni, British Columbia

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$5,990,000

4571 Pemberton Rd — Port Alberni, British Columbia

V9Y5K2

Royal LePage Coast Capital - Chatterton

MLS® 1036693

34,632Sq Ft

1Lot Sq Ft

About This Property

Well-maintained 42-unit, 3-storey apartment building on a 63,597 sq. ft. lot in Port Alberni. Strong investment opportunity with significant upside potential as current rents are below market and vacancy remains extremely low at 1.5% (CMHC Oct. 2024). Major upgrades completed in 2018–2019 include exterior envelope improvements with HardiBoard siding, double thermal pane windows, vinyl-covered balconies, and new hot water boilers. Features include elevator service, electric baseboard heating with individually metered suites, 3-phase 1,600-amp electrical service, fire alarm system, on-site Coinamatic laundry, private balconies/patios, full municipal services, and SBS flat roof updates in 2025. Bonus bachelor suite (#100) rented at $825/month, not included in stated income, offering additional revenue potential. (id:63357)

Royal LePage Coast Capital - ChattertonMLS® 1036693

Property Location

Map

Property Details

Property Type: Detached
Building Area: 34,632 square feet
Status: Active
MLS® Number: 1036693

Location & Neighborhood

What's nearby 4571 Pemberton Rd

Nearby Schools

Alberni Elementary
Elementary School • Public • K–7 • French Immersion
0.3 km
John Paul II Catholic School
Elementary School • Independent • K–7
1.1 km
Alberni District Secondary
Secondary School • Public • 8–12 • French Immersion
0.9 km
des Grands-cedres
Elementary School • Public • K–7 • Francophone
1.2 km
Wood Elementary
Elementary School • Public • K–7
1.3 km

Parks & Recreation

Victoria Quay Park
park
0.7 km

Local Amenities

Pharmacy

Alberni Pharmacy0.3 km

Banking

Coastal Community Credit Union0.3 km
Money Mart0.3 km

Grocery

Buy Low Foods0.3 km

Dining

Orestes Greek Kouzina0.3 km
Boomerangs Cafe0.4 km

Fitness

Bomber Boulders Climbing Centre0.5 km

Coffee & Cafes

Witch’s Brew Cafe0.6 km

POI data updated 5/18/2026

Port Alberni Market Snapshot

275

Active Listings

Last updated: Jun 2, 2026

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