5350 Falls St, Port Alberni

About This Property

The details.

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...

Summarizing the highlights...

MLS® 1039995Listing courtesy of Real BrokerView on map Street view

Property Details

Facts & features.

Property type: Vacant Land
Ownership: Freehold
Lot size: 5.84 acres
Listed on: 2026-06-11
Days on market: 36
MLS number: 1039995
Data source: Vancouver Island Real Estate Board

Zoning: Unknown
Lot size: 5.84 acres

Market intelligence

Statistics and history.

Days on market

Port Alberni median asking

$630K

72 active listings

New this week

72 active listings

Where this price sits in Port Alberni

$269KThis listing$2.1M

Computed live from active MLS listings we track. Sold-price history and multi-year assessment history switch on when sold-data access arrives.

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Listing & sold history.

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Sold history for this propertyComing soon

Listing history (every time it hit the market)Coming soon

Days-on-market trend for this areaComing soon

Nearby sold comparisonsComing soon

Location

Where it sits.

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Port Alberni right now

Active listings

New this week

$629,900

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Area

What surrounds this property.

People in the immediate area: 613
Density per square km: 763
City population: 18,259
Median household income: $62,800

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.