1002 Peninsula Rd, Ucluelet
About This Property
The Orca Suite at Terrace Beach offers a rare opportunity to own a turnkey, affordable West Coast investment property under $500K in one of Vancouver Island’s most iconic coastal destinations. This charming 1-bedroom upper-boardwalk suite—recently refreshed with a newly updated bathroom and kitchenette— sleeps four and features signature post-and-beam accents, an electric fireplace, and modern amenities. Situated in the Terrace Beach Resort (formerly owned by Jason Priestley), the property has benefited from extensive recent building-wide renovations, including structural upgrades and new cedar walkways. Steps from the world-renowned Wild Pacific Trail and the rugged shoreline, this suite is perfectly positioned for premier beachcombing, paddleboarding, and kayaking. With flexible CS-5 zoning allowing for self-management or professional hire, this is a high-potential revenue generator located just 3 minutes from Ucluelet’s vibrant cafés and breweries and a short drive to Tofino.