Esquimalt Waterfront Real Estate

Esquimalt is an historic community west of urban Victoria, and home to Canada’s world-renown naval base, the Department of National Defence CFB Esquimalt. Esquimalt is a bright dichotomy, offering the elegance of heritage dwellings with the welcomed potential for development. The Esquimalt Village Project addresses the goals and energy of the community by embracing growth while respecting the essential historic character of the town.

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This historic community to the west of downtown Victoria offers investors a diverse selection of real estate options. In this area you can find a unique blend of old-city charm and elegant Victorian homes, oceanfront homes, luxury condos and more just minutes away from downtown Victoria. Over the last decade, the area has undergone an era of thoughtful, high-end development that has transformed it into one of the most notable up-and-coming burroughs near downtown Victoria. The community engagement is notable in this area with many family and community events held year-round. Whether you’re looking for a growth investment near an urban centre or looking to relocate to beautiful Victoria, Esquimalt is a neighbourhood that should not be overlooked!

485 Head St

Es Esquimalt Esquimalt V9A 5S1

$1,995,000

Commercial Sale built: 1998

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Status:

Active

Prop. Type:

Commercial Sale

MLS® Num:

1012068

Year Built:

1998

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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.

Documents & Links:

Feature Sheet

General Info:

Property Type:

Commercial Sale

Type:

Other

Commercial Type:

Building, Land

Year built:

1998 (Age: 27)

Lease Type:

Sale of Assets

Listing General Location:

Es Esquimalt, Esquimalt

Bathrooms:

- (Full:-/Half:-)

Lot Size:

6,471 sq. ft.601 m2

Additional Info:

Construction:

Frame Metal, Glass, Insulation: Ceiling, Insulation: Walls

New Construction:

No

Foundation:

Concrete Perimeter

Electricity:

Yes

Number of Storeys:

2

Floor finish:

Hardwood, Mixed, Wood

Total Building Area:

3,053 sq. ft.284 m2

Water supply:

Municipal

Sewer:

Sewer Connected

Cooling:

Other

Heating:

Baseboard, Electric, Natural Gas

Fireplace:

No

Exterior Features:

Balcony/Deck, Fencing: Full, Garden

View:

City, Ocean

Waterfront Features:

Ocean Front

Entry Location:

Main Level

Minimum Age:

0

BBQ Allowed:

Yes

Smoking Bylaw:

No

Rent Allowed:

Unrestricted

Legal Info:

Jurisdiction name:

Township of Esquimalt

Zoning:

C7-A

Other Details:

Property Condition:

Updated/Remodeled

Land Info:

Utilities:

Electricity Available, Garbage, Recycling

Lot Site Features:

Curb & Gutter, Easy Access, Marina Nearby, Quiet Area, Serviced, Shopping Nearby, Sidewalk

Parking Features:

On Site

Total Parking Spaces:

3

Road Surface Type:

Paved

Residential Revenue Info:

Business Name:

Bed & Breakfast

Business Type:

Accommodation

Listing Info:

Date Listed:

Aug 26, 2025

Original Price:

1995000.0

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Listed by RE/MAX Generation - The Neal Estate Group

Data was last updated September 30, 2025 at 12:05 PM (UTC)

Area Statistics

Listings on market:

10

Avg list price:

$3,197,500

Min list price:

$425,082

Max list price:

$7,175,000

Avg days on market:

151

Min days on market:

11

Max days on market:

308

These statistics are generated based on the current listing's property type and located in Esquimalt. Average values are derived using median calculations. This data is not produced by the MLS® system.

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• Vancouver Island
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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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