Active

485 Head St

Esquimalt BC, V9A 5S1

$2,839,000


$926.57 per sqft

Active

4 Beds

6 Baths

3,064 sqft

Residential

Built in 1998

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

959827

MLS ID

April 9, 2024

Listed

May 9, 2024

Updated

Map

485 Head St
Esquimalt BC, V9A 5S1

Interior Features

Total Stories

3


Bedrooms

4


Total Bathrooms

6


Laundry Description

In House


Floor Description

Wood


Fireplace

Yes


Fireplace Description

Gas, Wood Burning


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Baseboard, Electric, Natural Gas

Exterior/Building Features

Lot Size

0.15 Acres


Lot Features

Irregular Lot


Roof

Fibreglass Shingle


Sewer

Sewer To Lot

Other Property Details

Area Name

Esquimalt


Taxes

$7,948


Tax Frequency

Annually


Garage

No


Parking

Driveway


Parking Total

4


View

Yes


View Description

City, Mountain(s), Ocean


County

Capital Regional District


Water Source

Municipal


Pool

No


Waterfront

Yes


Buyer Agency Compensation

3% on 1st $100k, 1.5% on bal

Courtesy of Engel & Volkers Vancouver Island, Lewis Ratcliff

Listing Contact: 778-679-8431 

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