head st

5 Bedroom House has been listed for sale at 485 Head St in Esquimalt for $1,995,000. Chat with a local expert, book a tour.

Esquimalt

West Bay

485 Head St

485 Head St, For Sale in Esquimalt - eXp Commercial Brokerage

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RARE INVESTMENT OPPORTUNITY! Instant income w/ minimal work. Waterfront property in Esquimalt - the only LEGAL AIRBNB in the area, fully licensed & provincially registered for nightly rentals & currently operating as a high-earning hands-off business generating over six figures annually. Flexible zoning & strong indications from the City that nearly anything will be permitted the long-term development upside is immense. Located steps from a marina & downtown trails, offering four fully furnished bedrooms each w/ private baths, a large kitchen & laundry plus a garden accessory building which could be used as an office. Down has a full bathroom & could easily be converted to an additional rentable suite. Guests enjoy ocean views, gas fireplaces, spa-style baths & a sunny solarium. Whether you’re looking for passive income a turnkey vacation rental a unique home for your extended family or a prime piece of land w/ massive redevelopment potential.

This is the only location in Esquimalt with this zoning remaining.  Site coverage is limited to 40% however you can build up to 11.7 meters (38.4 ft).  Given the province's new housing agenda and the age of the current dwelling, this could be a very nice waterside townhouse site with a rezoning which Esquimalt would likely support. Current C-7A Zoning: Allows a mix of commercial and residential uses compatible with the West Bay Neighbourhood including Tourist Accommodation. With the new provincial regulation eliminating most short term rental accommodations, this zoning allows the owner to capitalize on less competition and the projected increase in overnight rates after the ban comes into place in May 2024.  Properties at 474 head street have been rezoned into a Comprehensive Development Zone (CD-98) with an allowable FSR of 1.3 and no site coverage restrictions aside from required setbacks. Properties at 464 & 460 Head Street have been rezoned to a Comprehensive Development Zone (CD 103) with an allowable FSR of 1.32 and no site coverage restrictions aside from required setbacks Lot Size: 6,471 SF Maximum building footprint (Current Zoning): 2,588 SF Maximum building size assuming 3 stories: 7,765 SF Maximum building size if 1.3 FSR were to be adopted: 8,412 (id:15898)

OPPORTUNITY KNOCKS! Welcome to this stunning waterfront home in Esquimalt’s West Bay, nestled between Sailors Cove and Hidden Harbour Marinas with a scenic seaside walkway to downtown Victoria. Offering breathtaking views of the Inner Harbour, water taxis at your doorstep, and direct access to the ocean for kayaking, paddleboarding, or boating, this home features four bedrooms, six bathrooms, and legal Airbnb income as a mortgage helper. Previously approved township plans allow for a separate entrance to enhance guest privacy. Once a bed and breakfast, it retains an active tourist rental license with a 5-star Airbnb rating. The main floor boasts two bedrooms, a mudroom, laundry, and a spacious kitchen that flows into the dining and living areas, with access to a mature garden extending to the ocean. Upstairs, two additional bedrooms accompany a solarium with a vaulted ceiling, offering panoramic views and an outdoor patio. Each bedroom includes its own ensuite. The finished basement offers a full bathroom and walk-in closet, with the potential to add a kitchenette for extra rental income. In the garden, a custom-designed studio by local architect James Kerr serves as an ideal artist space or home office. Nearby, a Pennsylvania blue stone patio and wraparound bench provide a serene setting to enjoy the ocean views. The adjacent park enhances the property’s sense of space without the upkeep. Zoned for both residential and commercial use, this property is one of the few legitimate Airbnb rentals in Victoria and offers unique development potential up to 38.4 feet. Don’t miss this rare opportunity to own a luxurious waterfront home with income potential and future development possibilities. Call The Neal Estate Group now to book your private viewing! (id:58753)

This is the only location in Esquimalt w/this zoning remaining.Site coverage limited to 40% but can build up to 11.7 meters (38.4 ft).Given the province's new housing agenda & the age of the current dwelling, this could be a nice waterside townhouse site with a rezoning. Current C-7A Zoning: Allows a mix of commercial & residential uses compatible with the West Bay including Tourist Accommodation.With new provincial regulation eliminating most short term rental accommodations, this zoning allows the owner to capitalize on less competition & the projected increase in overnight rates after the ban comes into place in May 2024 Properties at 474 Head st have been rezoned into a ComprehensiveDevelopmentZone(CD-98) w/allowable FSR of 1.3 & no site coverage restrictions aside from required setbacks Properties at 464&460 Head St have been rezoned to ComprehensiveDevelopmentZone(CD 103) w/allowable FSR of 1.32 & no site coverage restrictions aside from required setbacks Lot Size: 6471 SF

OPPORTUNITY KNOCKS with this waterfront LEGAL Airbnb in Esquimalt, formerly Across the Harbour Bed & Breakfast. The only property zoned for residential & commercial use with a legal nightly tourism license, it offers premium rates, full occupancy & future development potential. Steps from a marina & trails to downtown Victoria, the home features the Harbour Seal & Blue Heron Suites on the main floor, both with ensuites, plus a spacious Owner's Suite with a kitchen, dining area, 3-pc bath & laundry. The Blue Heron includes a gas fireplace and walk-in shower with a deep jacuzzi tub, while the Owner’s Suite has exterior access and can connect to the Blue Heron. Upstairs, the Kingfisher Suite offers a soaker tub, double-head shower, and gas fireplace, while the Orca Suite features a skylit shower-tub combo. The bright solarium and deck boast ocean views and a Hartland stove. A basement studio with a 4-piece bath and landscaped yard with an accessory building complete this unique offering.

Welcome to this stunning waterfront home in Esquimalt's West Bay community. Nestled between Sailors Cove and Hidden Harbour Marinas, it offers breathtaking views of Victoria's Inner Harbour and water taxis at your doorstep. With 4 bedrooms and 6 bathrooms, this one-of-a-kind residence offers a legal Airbnb income as a mortgage helper. The main floor features 2 bedrooms, a large kitchen, and access to a beautiful garden that extends to the ocean. Upstairs, a solarium with panoramic views and additional outdoor space create a captivating focal point. Each bedroom has its own ensuite, and there's a finished basement with rental potential. The property includes a garden studio by local architect James Kerr, ideal for a home office or artist space, plus a tranquil blue stone patio for enjoying ocean views. Zoned for both residential and commercial use, this rare gem offers endless possibilities, including development potential. Call The Neal Estate Group now to book your private viewing!

485 Head St, Esquimalt, BC

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