Description
Exceptional Fourplex with Proven Income Potential
Versatile fourplex ideal for investors, multi-generational living, or owner-occupiers. Live in one unit while the others help offset your mortgage, or rent all four for steady cash flow. Over the past 10 years, renting just two units short-term has generated an average annual income of $62,000, highlighting strong earning potential.
The well-maintained building offers two upper units with three bedrooms and two bathrooms, plus two main-floor units with one bedroom and one bathroom. All units are fully self-contained with private exterior entrances. Shared laundry and storage rooms are located on both sides of the building.
Situated on a quiet, south-facing cul-de-sac with ocean views and close to walking trails. Located in Alert Bay, just a 45-minute ferry ride from Port McNeill, with essential services and a growing eco-tourism and cultural presence.
Property Details
| Property Type | Residential |
| Property Sub Type | Quadruplex |
| Listing ID | 1023487 |
| Status | Active |
| City | Alert Bay |
| Area | Islands |
| Sub-Area | Isl Alert Bay |
| Postal Code | V0N 1A0 |
| Property Taxes | $4,124.14 (2025) |
| Parking Total | 3 |
| Zoning | RR2 |
| Facing | South |
| Water | Municipal |
| Sewer | Sewer Connected |
| Heating | Baseboard,Electric |
| Appliances | Dryer,F/S/W/D,Oven/Range,Refrigerator,Washer |
| Interior Features | Dining/Living Combo,Furnished |
| Exterior Features | Balcony/Patio,Low Maintenance Yard |
| Construction | Frame Wood,Insulation: Ceiling,Insulation: Walls,Wood |
| Roof | Fibreglass Shingle |
| Foundation | Poured Concrete |
| Basement | None |
| Laundry | In House |
| Listed Date | Jan 16, 2026 |
| Lot Size | 0.19 acres |