460-464 Head St

Old Esquimalt, Esquimalt · MLS® 1040116

13,000 sq ft lot · Land · Vacant Land · 140 days on market

listed by May Liu, DFH Real Estate Ltd.

realtor's description

Rare development opportunity in Esquimalt's vibrant West Bay neighbourhood. This offering consists of two legal lots totalling approximately 13,000 sq.ft. with attractive water views and a premier location just minutes from Downtown Victoria and Victoria Harbour. Situated within one of Greater Victoria's most significant waterfront redevelopment areas, the property benefits from mixed-use zoning and is surrounded by ongoing residential, commercial, and marine-oriented investment. The site enjoys excellent access to major transportation routes, transit, marinas, waterfront walkways, and urban amenities. A unique opportunity for developers and investors to acquire a high-profile waterfront site in a rapidly evolving community. Court-ordered sale. Property is being sold on an ''as is, where is'' basis.

property details

type: Land, Vacant Land
lot: 13,000 sq ft
parking: 0
property tax: $6,850 / yr
days on market: 140
MLS®: 1040116

the market here

listed now: 107 days; median for 5 homes for sale; this one 140 days

Homes in Esquimalt. Sale prices register 1 to 3 months after a sale closes.

monthly cost

$15,095/mo

Mortgage $14,524 · Tax $571

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$14,524/ monthly

loan $2,640,000

25-year amortization

down payment20% · $660,00020%+ down: no mortgage insuranceinterest rate4.44%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 30, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,717,127
property transfer tax: $83,000; BC general rate
cash to close: $743,000; down + PTT
total paid: $4,357,127

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

location

lot outline: 592 m² (6,372 sq ft) · PID 009-174-869. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

Old Esquimalt, EsquimaltGoogle Maps ↗

schools

Catchment schools, Greater Victoria School District 61

Elementary Macaulay Elementaryhomes in this catchment
500 m away · 1010 Wychbury Ave, Victoria · 250-385-3441
Middle Rockheights Middlehomes in this catchment
1.4 km away · 1250 Highrock Ave, Victoria · 250-384-7125
Secondary Esquimalt Highhomes in this catchment
1.3 km away · 847 Colville Rd, Victoria · 250-382-9226

From the Greater Victoria School District 61's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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