map icon

485 Head St

Head StOld EsquimaltEsquimaltBC, V9A 5S1

4
Beds
6
Baths
3,137
Sq. Ft.
$2,839,000
List Price
485 Head St, Esquimalt, BC - 1 of 3
485 Head St, Esquimalt, BC - 2 of 3
485 Head St, Esquimalt, BC - 3 of 3
New
25 days on market

Quick Summary

  • Potential waterside townhouse site with supportive rezoning.
  • Current C-7A Zoning allows commercial and residential mix.
  • New regulations may boost overnight rates post-May 2024.
  • Nearby properties have been rezoned with no coverage limits.
  • Maximum building size could be 8,412 SF with 1.3 FSR.
  • Unique zoning opportunity in Esquimalt area.
  • Maximum 3-story building footprint is 2,588 SF.
  • Lot size is 6,471 SF with 40% site coverage limit.

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.... Show More

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:54626)

Additional Media

View Additional Media

Property Details

Size

3,137 sq. ft.
25 total rooms
4 Beds
6 Baths
6 Full

Parking

4 Parking Spaces
Stall

Build

Year Built
1998
Model Name
-
Basement
-
Exterior
-
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Baseboard heaters
Cooling
See Remarks
SHOW LESS

Rooms

Sunroom

16′ x 20′

Other

7′ x 10′11″

Ensuite

Ensuite

Primary Bedroom

10′11″ x 23′

Bathroom

Bathroom

Bedroom

16′ x 13′

SHOW MORE

Ownership Details

Ownership

Title
Freehold
Zoning
Residential

Source

Listing Brokerage

MLS® Listing
959827
Last Updated
April 9, 2024
Brokerage
Engel & Volkers Vancouver Island
Powered by: REALTOR.ca
Call us 800-591-0566

Book A Private Showing

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.