4571 Pemberton Rd - Photo 1 of 6, Port Alberni, British Columbia
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$5,990,000

4571 Pemberton Rd — Port Alberni, British Columbia

V9Y5K2

Royal LePage Coast Capital - Chatterton
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)

Property Location

Map

Property Details

Property Type
Detached
Building Area
34,632 square feet
Status
Active

Location & Neighborhood

What's nearby 4571 Pemberton Rd

Nearby Schools

Parks & Recreation

Local Amenities

POI data updated 5/18/2026

Port Alberni Market Snapshot

264

Active Listings

$579K

Median Price

Avg Days on Market

Last updated: May 13, 2026

Listed by

Royal LePage Coast Capital - Chatterton

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$5,990,000
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Oakwyn Realty Ltd.

Search Listings Online Inc.

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REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

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