1/121024 Tyee Terr, Ucluelet
1024 Tyee Terr, Ucluelet, BC V0R3A0
$501,000 total
454 SF
Asset Class
Specialty
Size
454 SF
Building class
A
Zoning
US — Urban Services
$ / SF
$1104
Occupancy
84%
Lot Size
0.03211662075298439 ac
About this property
Own your own West Coast Vacation home at an affordable price. This cozy cottage is located between Terrace Beach and Little Beach and is ideal for weekend getaways and nightly rentals. The main level has an apartment sized kitchen, full bath, living area and a Queen bed. Upstairs in the loft area the kids will love having their own space with 3 single beds. There is a secondary exit out of the back of the upper level loft. Reef Point Cottages is close to beaches, the Wild Pacific Trail, sports fishing, surfing and all that the West Coast of Vancouver Island has to offer. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$30K
Annual cash flow
$2K
Cash-on-cash
1.66%
DSCR
1.09
Going-in cap
6.04%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Meridian Health Group | 400 SF | 2034-09 |
Area demographics
Trade area within 3 miles of the property.
Population
84,782
Households
33,673
Median income
$79,000
Median age
40.8
Daytime population
120,833
5-yr growth
6.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1024 Tyee Terr, Ucluelet.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.