4 Bedrooms
6 Bathrooms
4 Driveway Parking
3,064 sqft
$2,839,000
About this House in Esquimalt
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 SFLot Features Of 485 Head, Esquimalt, Esquimalt
Irregular Lot
Listed by Engel & Volkers Vancouver Island.
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
Lot Features Of 485 Head, Esquimalt, Esquimalt
Irregular Lot
Listed by Engel & Volkers Vancouver Island.
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Disclaimer: MLS® property information is provided under copyright© by the Victoria Real Estate Board & Vancouver Island Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.
More Details
- MLS®: 959827
- Bedrooms: 4
- Bathrooms: 6
- Type: House
- Square Feet: 3,064 sqft
- Lot Size: 6,471 sqft
- Taxes: $7,948 (2023)
- Parking: 4 Driveway
- Fireplaces: 4
- Year Built: 1998
More About Esquimalt, Esquimalt
lattitude: 48.42703
longitude: -123.398856
V9A 5S1