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Tertiary Property View
Exceptional Property

2620 3rd Avenue, Port Alberni

$569,000
2 Bedrooms
3 Bathrooms
4084 sqft

Property Highlights

Distinctive Features That Set This Property Apart

Property Type

Single Family

Style

House

Year Built

1950

Square Footage

4084 square feet

Bedrooms

2

Bathrooms

3

Distinguished Features

Premium Amenities

Featuring luxury finishes and high-end appliances throughout

Prime Location

Situated in a prestigious neighborhood with exceptional access

Property Overview

A Closer Look at This Distinguished Residence

Excellent opportunity in the heart of Port Alberni! This fully updated, income-generating home is ideally located within walking distance to Uptown, Harbour Quay, shops, and waterfront. Current rental revenue is $1,860 (upper unit, tenants are leaving August 1st, 2025, $1860 is below market value rents) and $1,575 (lower) per month, with tenants pa...

MLS Number

1004778

Listed By

Royal LePage Port Alberni - Pacific Rim Realty

Last Updated

Jun 27, 2025, 6:40 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.
Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

Property Specifications

Property Type
Single Family
Architectural Style
House
Year Built
1950
Square Footage
4084
Zoning
Residential

Climate Control & Utilities

Heating System
Baseboard heaters, Electric
Air Conditioning
None

Exterior & Surroundings

View Type
Mountain view, Ocean view
Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

Property Timeline

Historical transactions and listing information

Property image
60
New
MLS# 1004778
List Date
Jun 27, 2025, 2:12 p.m.
List Price
$569,000
Property Type
Sale
Bedrooms
2
Bathrooms
3

Financial Planning

Tools to Help You Plan Your Investment

Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

$
300,000
$
20%
% p.a.

Monthly Payment

$0
Per Month
Mortgage Details
Loan Amount
$240,000
Total Interest
$0
Total Payments
$0
Loan-to-Value Ratio
80%
Total Number of Payments
360
Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Total Income
$4,300/monthly
2 income sources
Total Expenses
$2,530/monthly
3 expense items
Net Cash Flow
$1,770/monthly
Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.

Income Sources

Rental Income
monthly
$3,500
Investment Returns
monthly
$800
Add New Income
$

Expense Items

Mortgage
monthly
$1,800
Property Tax
monthly
$450
Property Management
monthly
$280
Add New Expense
$
This calculator provides an estimate only. Actual investment returns may vary based on market conditions and unforeseen expenses.

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