No photos available
Investment signal

$695,000

201 1683 Larch Rd

Beds

2

Baths

2

Sqft

Year

2024

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
Lot size
968 square feet
MLS#
983141
Area
UCLUELET
Negative cash flow ~$1,377/mo at these assumptions

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.

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.

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