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Investment signal

$2,749,000

1316 Lynn Rd

Save this home

Beds

5

Baths

6

Sqft

Year

2005

Type

Single Family

Suite

Investment signal

Location 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.

About this home

Investment Opportunity! Situated on a half acre in Tofino’s Chesterman Beach neighbourhood, this exceptional offering includes a beautifully updated 3 bed/3 bath main home with 1 bed/1 bath in-law suite, charming 1 bed/1 bath w/ loft cottage & 2 serviced RV sites. The main home boasts expansive living spaces filled with natural light, that have a perfect balance of modern & intimate. Hot tub, large covered deck, outdoor shower & ample storage ensure maximum enjoyment of this beach home, following endless hours in the sun, sand and waves. The in-law suite is ideal for extended family or long term rental & has a second laundry room, outdoor shower & private outdoor space. A separate 1 bed/1 bath cottage w/ loft is yet another space for tenants or guests, w/ its rustic charm & sunny patio. Each space is cleverly situated to ensure privacy & there is ample parking for everyone. With a prime location across from North Chesterman Beach, you have easy access to world-class surf, sandy shores & stunning sunsets. 1316 Lynn Road has it all - excellent income, stylish living + lots of room for family & friends. https://youtu.be/SmdKvYk82Og (id:65958)

Subtype
Single Family
Architectural style
Westcoast
Structure
House
Community
CHESTERMAN BEACH
Common interest
Freehold
Living area
3,871 square feet
Lot size
0.55 acres
Lot dimensions
0.55
Parking
6 total
On market
Aug 19, 2025
Status changed
Apr 23, 2026
Annual tax
$10,676.22
Zoning
Residential
Photos
46
MLS#
1010544
Area
TOFINO

Features and systems

Appliances

WasherRefrigeratorHot TubStoveDryerMicrowave

Heating

Baseboard heatersElectric

Cooling

None

Lot

Private settingWooded areaOther
Negative cash flow ~$2,857/mo at these assumptions

Cash on cash

-6.24%

Cap rate

3.62%

GRM

16.7

Break-even rent

$16,757

Financing

Down payment$549,800
Loan amount$2,199,200
Mortgage$11,143/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,260
Insurance$80
Maintenance$2,291
CapEx reserve$1,145
Vacancy loss$688

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.

Mortgage estimate

Estimated $11,143/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.

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