485 Head St

Offered at: $1,995,000

MLS®: 1006722

RARE INVESTMENT OPPORTUNITY! Instant income w/ minimal work. Waterfront property in Esquimalt - the only LEGAL AIRBNB in the area, fully licensed & provincially registered for nightly rentals & currently operating as a high-earning hands-off business generating over six figures annually. Flexible zoning & strong indications from the City that nearly anything will be permitted the long-term development upside is immense. Located steps from a marina & downtown trails, offering four fully furnished bedrooms each w/ private baths, a large kitchen & laundry plus a garden accessory building which could be used as an office. Down has a full bathroom & could easily be converted to an additional rentable suite. Guests enjoy ocean views, gas fireplaces, spa-style baths & 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 w/ massive redevelopment potential. Vendor take-back financing available.

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Property Type:
 Commercial Sale
Home Ownership:
Freehold

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Office: 250-334-3124