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502a Pembroke St
Victoria, BC
Canada V8Z 4H7
Details
Address | 485 Head St |
Area | Esquimalt |
Sub Area | Esquimalt |
State/Province | British Columbia |
Country | Canada |
Price | $2,839,000 |
Property Type | Single Family |
Bedrooms | 4 |
Bathrooms | 6 |
Floor Space | 3064 Square Feet |
Lot Size | 6471.00 Square Feet |
Waterfront | Yes |
Year Built | 1998 |
Taxes | $7,948 |
Tax Year | 2023 |
MLS® # | 959827 |
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
Listed by ENGEL & VOLKERS VANCOUVER ISLAND
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