$2,195,000
485 Head St
Beds
5
Baths
6
Sqft
—
Year
1998
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
*** For more information, please click Brochure button. *** Across the Harbour is a rare, licensed waterfront short-term rental on Victoria’s Inner Harbour. This 5-bed, 6-bath home includes a caretaker suite and garden studio, and is the only C-7A mixed-use zoned property in Esquimalt permitting Tourist Accommodation—an increasingly scarce advantage under new regulations. Designed for BnB or STR use, it features ensuite bedrooms, a renovated kitchen and upstairs loft and flexible indoor-outdoor living. This property’s unique zoning allows a mix of residential and commercial uses compatible with the West Bay neighborhood, providing owners with operational certainty and reduced competition in the local STR marketplace. Operate it as a Bed and Breakfast, which it was purpose built for, a high performing seasonal STR which the current owners have done for two seasons now, an extended family home, or as a turn-key, hands off, year round business utilizing the caretaker suite for live-in management. The lower caretaker suite with separate entrance supports compliance or additional rental income for long or short term rentals. Over $500K invested, with strong revenues and walkable access to downtown. (id:65958)
- Subtype
- Single Family
- Architectural style
- Character, Westcoast
- Structure
- House
- Community
- Esquimalt
- Common interest
- Freehold
- Living area
- 3,064 square feet
- Lot size
- 6,471 square feet
- Lot dimensions
- 6471
- Parking
- 4 total
- Fireplace
- 4
- On market
- Apr 17, 2026
- Status changed
- Apr 17, 2026
- Annual tax
- $8,331
- Zoning
- Residential/Commercial
- Photos
- 56
- MLS#
- 1032625
- Area
- ESQUIMALT
Features and systems
Parking
Appliances
Heating
Cooling
Lot
View
Security
Cash on cash
-11.42%
Cap rate
3.61%
GRM
16.7
Break-even rent
$15,371
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 Esquimalt. 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 17, 2026.