$2,839,000 FOR SALE

Detached

Bedrooms: 4Bathrooms: 6Total Area: 3,137 ft2

485 Head St
Esquimalt, BC V9A 5S1

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:47423)

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Listed By Engel & Volkers Vancouver Island
Data Provided By Victoria Real Estate Board
MLS® Listing Number 959827
Last Updated Apr 09, 2024
Property Summary
Property Type Detached

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Neighbourhood Esquimalt
Price History
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Detailed Information
Bedrooms 4
Bathrooms 6
Total Area 3,137 ft2
Features Irregular lot size
Listing Contract Date 2024-04-09
Municipal ID 002-376-059
Ownership Type Freehold
# of Parking Spaces 4
Plan VIP26678
Property Type Single Family
Structures Patio(s), Patio(s), Patio(s)
Transaction Type For sale
Views City view, Mountain view, Ocean view
Waterfront Type Waterfront on ocean
Zoning Residential/Commercial
Building
Constructed Date 1998
Cooling Type See Remarks
Fireplace Present Yes
# of Fireplaces 4
Heating Fuel Electric, Natural gas
Heating Type Baseboard heaters
Total Finished Area 3064 sqft
Type House
Rooms
Room Level Dimensions Notes
SunroomSecond level20 ft x 16 ft
OtherSecond level11 ft x 7 ft
EnsuiteSecond level4-Piece
Primary BedroomSecond level23 ft x 11 ft
BathroomSecond level4-Piece
BedroomSecond level13 ft x 16 ft
StorageLower level5 ft x 6 ft
Utility roomLower level9 ft x 7 ft
BathroomLower level4-Piece
StorageLower level13 ft x 11 ft
StorageLower level9 ft x 7 ft
StudioMain level9 ft x 19 ft
PatioMain level12 ft x 27 ft
PatioMain level16 ft x 16 ft
PatioMain level16 ft x 9 ft
EnsuiteMain level4-Piece
BedroomMain level15 ft x 13 ft
Living roomMain level13 ft x 9 ft
Dining roomMain level9 ft x 16 ft
BedroomMain level14 ft x 9 ft
Laundry roomMain level7 ft x 7 ft
BathroomMain level3-Piece
BathroomMain level2-Piece
KitchenMain level12 ft x 14 ft
EntranceMain level12 ft x 11 ft
Parking Spaces
Name Spaces
Stall
Land
Total Size 6471 square feet
Size of Irregular Land 6471

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