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Investment signal

$695,000

201 1683 Larch Rd

Beds

Baths

Sqft

—

Year

2024

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Top-floor 2-bedroom, 2-bathroom condo offering exceptional privacy, quality construction, and stunning harbour and mountain views. Built with Acoustic Panel SonoPan soundproofing for superior noise reduction between units, an uncommon feature that ensures a quiet, private living environment. Bright open-concept layout seamlessly connects the kitchen, dining, and living areas, creating an inviting space for everyday living or entertaining. The modern kitchen features sleek LG appliances and contemporary finishes. Large windows and sliding doors lead to an expansive private deck, perfect for taking in the surrounding coastal scenery. Additional features include in-suite laundry, a dedicated carport, and new home warranty coverage. Built by Icon Developments. Ideal as a full-time residence, vacation getaway, or investment opportunity in beautiful Ucluelet. (id:65958)

Subtype: Single Family
Structure: Apartment
Community: Ucluelet
Common interest: Condo/Strata
Living area: 968 square feet
Lot size: 968 square feet
Lot dimensions: 968
Parking: 2 total
Condo/HOA fee: $391 monthly
On market: Dec 14, 2024
Status changed: Apr 16, 2026
Annual tax: $5,668.88
Zoning: Residential
Photos: 22
MLS#: 983141
Area: UCLUELET

Features and systems

Appliances

WasherRefrigeratorDishwasherStoveDryerMicrowave

Heating

Baseboard heatersForced airElectric

Cooling

None

Lot

Central locationOther

Community

Family OrientedPets Allowed With Restrictions

View

Mountain viewOcean view

Negative cash flow ~$1,377/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.89%

Cap rate

3.51%

GRM

16.7

Break-even rent

$4,925

Financing

Down payment$139,000

Loan amount$556,000

Mortgage$3,411/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$319

Insurance$80

Maintenance$579

CapEx reserve$290

Vacancy loss$174

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ucluelet. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $3,411/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.