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New buildInvestment signal

$1,395,000

2195 Mallory Dr

Beds

7

Baths

5

Sqft

Year

2025

About this home

Discover a new standard of luxury in this brand-new 7-bedroom, 5-bathroom masterpiece—crafted in true West Van style, offering West Van views, all at a Port Alberni price. Perfectly positioned in a quiet, desirable neighbourhood, this residence showcases unobstructed panoramas of the Alberni Inlet and delivers exceptional quality in every detail. Step inside to find engineered hardwood flooring, 8-foot doors, and soaring 10-foot ceilings, culminating in a breathtaking 12-foot vaulted great room. Floor-to-ceiling windows frame the inlet views, while a sleek gas fireplace and built-in bar create an inviting space for relaxation or entertaining. The gourmet kitchen is a chef’s dream, featuring premium Thor appliances, quartz countertops, solid wood shaker cabinetry, a wine fridge, and a fully appointed butler’s kitchen with adjoining laundry room for added convenience. The luxurious primary suite offers an electric fireplace, custom walk-in closet with built-ins and vanity, and a spa-inspired ensuite complete with a soaker tub, walk-in glass shower with rainfall head, Bluetooth audio, multi-spray system, and bidet. Designed with versatility in mind, the home includes a bright 2-bedroom in-law suite with its own kitchen and laundry, as well as a separate legal 2-bedroom suite featuring a private entrance, full kitchen with island, electric fireplace, walk-in-closet primary, and in-suite laundry—ideal for extended family or significant rental income. A glass-railed view deck, illuminated stairwell, EV charger, and contemporary exterior with designer siding and soffits elevate both style and function. The double garage impresses with a commercial-grade glass door and dedicated workshop space. With two electric hot water tanks and rough-in for on-demand hot water, this home delivers luxury, comfort, and value rarely found together. Price + GST (id:65958)

Subtype
Single Family
Architectural style
Westcoast, Contemporary
Lot size
12,589 square feet
MLS#
1021643
Area
PORT_ALBERNI
Negative cash flow ~$2,683/mo at these assumptions

Cash on cash

-11.54%

Cap rate

3.58%

GRM

16.7

Break-even rent

$9,800

Financing

Down payment$279,000
Loan amount$1,116,000
Mortgage$6,847/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$639
Insurance$80
Maintenance$1,163
CapEx reserve$581
Vacancy loss$349

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 $6,847/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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