$2,499,000
1294 Lynn Rd
Beds
9
Baths
5
Sqft
—
Year
1990
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
Located across from a public beach access which spills on to world-famous Chesterman Beach, this 0.41-acre property offers ideal RA-1 Zoning and an established rental infrastructure in one of Tofino’s most sought-after neighbourhoods. The property has been a consistent income generator for over 3 decades, initially operating as the Sea Star Suites, and more recently as a long-term rental. While the home has provided steady revenue, it now requires considerable updating and maintenance. Buyers with vision will recognize the potential to restore or redevelop in this prime location. The property is within walking or biking distance to local shops, coffee, tacos, yoga studios, surf rentals, and resort dining. With 2.7 km of sandy beachfront just steps away, Chesterman Beach remains a major draw for year-round visitors and residents alike. A strong investment opportunity for those looking to reimagine a perfectly situated rental property in a high-demand Tofino neighbourhood. (id:65958)
- Subtype
- Single Family
- Architectural style
- Westcoast, Contemporary
- Structure
- House
- Community
- Tofino
- Common interest
- Freehold
- Living area
- 4,830 square feet
- Lot size
- 17,860 square feet
- Lot dimensions
- 17860
- Parking
- 5 total
- Fireplace
- 4
- On market
- Jul 26, 2025
- Status changed
- Apr 16, 2026
- Annual tax
- $9,220
- Zoning
- Residential
- Photos
- 16
- MLS#
- 1008154
- Area
- TOFINO
Features and systems
Appliances
Heating
Cooling
Lot
Cash on cash
-11.38%
Cap rate
3.61%
GRM
16.7
Break-even rent
$17,488
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Tofino. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.