485 Head St new

Esquimalt,BC V9A 5S1

$ 1995000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1006722

Rental Info Unrestricted

Year Built 1998

Annual Tax Amount $8,449

Tax Year 2024

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Other

Property Description

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. Vendor take-back financing available.

Location

Province BC

County Capital Regional District

Area Es Esquimalt

Zoning C7-A

Interior

Heating Baseboard,Electric,Natural Gas

Cooling Other

Flooring Hardwood,Mixed,Wood

Exterior

Exterior Feature Balcony/Deck,Fencing: Full,Garden

Parking On Site 1

Utilities Available Electricity Available,Garbage,Recycling

Waterfront Description Ocean

View Y/N Yes

View City,Ocean

Total Parking Spaces 3

Building

Lot Description Curb & Gutter,Easy Access,Marina Nearby,Quiet Area,Serviced,Shopping Nearby,Sidewalk

Story 2

Foundation Poured Concrete

Sewer Sewer Connected

Water Municipal

Structure Type Frame Metal,Glass,Insulation: Ceiling,Insulation: Walls

Others

Tax ID 002-376-059

Ownership Freehold

Virtual Tour https://youtu.be/bNBIKxhYpLc?si=x6rEEBtoJShaxEHk

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