Ucluelet

Ucluelet sits at the edge of the world where the Pacific Ocean crashes against Vancouver Island’s rugged coastline. This isn’t your typical BC coastal town — it’s where storm watching becomes a spectator sport and where “Ukee” locals have mastered the art of living between the rainforest and the sea.

The numbers tell a compelling story for mortgage professionals. With a median household income of $83,000 and a population that’s grown over 20% since 2016, Ucluelet has transformed from a sleepy fishing village into one of BC’s most desirable coastal destinations. The town’s economy has evolved beyond its logging and fishing roots into a tourism powerhouse, with accommodation and food services now employing 18% of the workforce.

What makes Ucluelet special isn’t just the Wild Pacific Trail that winds along dramatic cliffs or the fact that it’s one of the few places where you can watch whales from your morning coffee spot. It’s the community’s remarkable resilience and appeal to both retirees seeking oceanfront tranquility and professionals who’ve discovered they can work remotely from paradise.

The housing market reflects this desirability. Over 56% of dwellings are single-detached homes, and with Pacific Rim National Park Reserve as a backyard neighbor, developable land remains precious. The town’s proximity to Tofino’s airport and its position as the southern gateway to Clayoquot Sound ensures year-round tourism flow, creating steady rental income potential for investors.

Tekamar offers a maximum LTV of 60% in Ucluelet, reflecting both the community’s exceptional lifestyle appeal and the practical considerations of this remote coastal location. For brokers working with clients who’ve fallen for Ucluelet’s charms — whether they’re purchasing a retirement retreat, vacation property, or jumping into the short-term rental market — we understand this town’s unique position where the edge of Canada meets endless opportunity.