485 Head St

Single Family Detached For Sale in Es Esquimalt, Esquimalt

$2,839,000
  • 4 Beds
  • 6 Baths
  • 3,064 Sq. Ft.
  • Built 1998

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
Address 485 Head St
List Price $2,839,000
Property Type Residential
Type of Dwelling Single Family Detached
Area Esquimalt
Sub-Area Es Esquimalt
Bedrooms 4
Bathrooms 6
Floor Area 3,064 Sq. Ft.
Lot Size 6471 Sq. Ft.
Year Built 1998
MLS® Number 959827
Listing Brokerage Engel & Volkers Vancouver Island
Basement Area Crawl Space, Partially Finished
Postal Code V9A 5S1
Tax Amount $7,948
Tax Year 2023
Features Baseboard, Blinds, Electric, Natural Gas, Skylight(s), Wood
Amenities Ground Level Main Floor, Irregular Lot, Primary Bedroom on Main, Wheelchair Friendly

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Sophia Briggs

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2185 Theatre Lane Victoria BC V8R 6T1

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Office: 250-592-1042

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Sophia Briggs