We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
5350 Falls St, PORT ALBERNI
2026-06-12
Quick Summary
- Location
- 5350 Falls St, PORT ALBERNI, British Columbia V9Y9G3
- Price
- $2,750,000
- Status:
- For Sale
- Property Type:
- Vacant Land
MLS®#1039995
Property Description
Shovel-ready riverside development opportunity on 5.84 acres along the Somass River. Preliminary Layout Review (PLR) in hand from the City of Port Alberni for 31 bare-land strata lots - the heavy lifting is done. Zoned RM1 (Low Density Multi-Residential) so the options are wide open: build the planned 31-lot community, develop townhomes, duplexes or multi-family, hold it as one private estate acreage, or reconfigure into 8-10 larger waterfront lots from a half-acre & up sized to allow a home plus a shop. Flexibility to design for today's market & maximize returns. Thoughtfully planned community with a walking trail, river viewpoints & beach access in a natural setting. Minutes to Clutesi Haven Marina, with easy access to Sproat Lake & Tofino. Sale includes PLR plus full subdivision package: engineering reports, DFO approvals, Disclosure Statement & QS reports. Ideal for investors, builders, end-users, or developers. Buyer to confirm uses, lot configurations& density with the City. (id:32467)
Property Features
Building
- Fireplace: No
Features
- Feature: Acreage, Other
Land
- Land Size: 5.84 ac
Ownership
- Type: Freehold
Information entered by Real Broker
Listing information last updated on: 2026-06-20 23:42:24
Book your free home evaluation with a 1% REALTOR® now!
How much could you save in commission selling with One Percent Realty?
Slide to select your home's price:
$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.
Send a Message
One Percent Realty's top FAQs
Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950
Yes, and yes.
Learn more about the One Percent Realty Deal
BRAD VESTAD REALTOR®
- Phone:
- 250-918-4744
- Email:
- bradvestad@gmail.com
- Support Area:
- Port Alberni, Sproat Lake, Alberni Valley, Qualicum, Parksville
Brad is a Medallion Award winning Realtor with over 15 years with One Percent Realty! Proudly servin ...
Full Profile