RARE INVESTMENT OPPORTUNITY! Instant income with minimal work. This waterfront property in Esquimalt is the only LEGAL AIRBNB in the area—fully licensed and provincially registered for nightly rentals and currently operating as a high-earning, hands-off business generating over six figures annually. With flexible zoning and strong indications from the City that nearly anything will be permitted, the long-term development upside is immense. Located steps from a marina and downtown trails, the property offers four fully furnished bedrooms, each with private baths, a large kitchen and laundry plus a garden accessory building which could be used as an office. Downstairs has a full bathroom and could easily be converted to an additional rentable suite. Guests enjoy ocean views, gas fireplaces, spa-style baths, and 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 with massive redevelopment potential—this is it. Vendor take-back financing available.
Address
485 Head St
List Price
$1,995,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Area
Esquimalt
Sub-Area
Es Esquimalt
Bedrooms
5
Bathrooms
6
Floor Area
3,064 Sq. Ft.
Lot Size
6471 Sq. Ft.
Lot Size (Acres)
0.15 Ac.
Year Built
1998
MLS® Number
1006713
Listing Brokerage
RE/MAX Generation - The Neal Estate Group
Basement Area
Crawl Space, Partially Finished
Postal Code
V9A 5S1
Tax Amount
$8,449.19
Tax Year
2024
Features
Bar, Baseboard, Blinds, Dining Room, Dishwasher, Electric, F/S/W/D, French Doors, Hardwood, Mixed, Natural Gas, Oven/Range Gas, Range Hood, Skylight(s), Soaker Tub, Storage, Wood, Workshop
Amenities
Balcony/Deck, Fencing: Full, Garden, Ground Level Main Floor, Irregular Lot, Marina Nearby, Primary Bedroom on Main, Sidewalk, Walk on Waterfront, Wheelchair Friendly, Workshop
