Property Type: Detached HouseOwnership: Freehold

1294 Lynn Rd

Tofino, BC V0R2Z0

$2,499,000

9 bed5 bath5 parking4,830 sqftBuilt 1990
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Property Details

Property & Lot

Sub-type
House
Lot size
17,860 square feet
Zoning
Residential

RA1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,220

Interior

Heating
Heat Pump, Baseboard heaters, Electric, Wood, Other
Cooling / A/C
None
Fireplace
Yes (4)

Parking

Total spaces
5

Room Dimensions

RoomLevelDimensions
BedroomSecond level11'3 x 12'3
BedroomSecond level15'4 x 11'10
BalconyMain level6'4 x 10'0
Dining roomSecond level9'7 x 13'9
Family roomSecond level18'5 x 12'6
Living roomSecond level11'3 x 11'6
Living roomMain level15'1 x 17'7
Living roomMain level12'9 x 21'3
Living roomMain level8'4 x 17'3
KitchenSecond level11'11 x 11'6
KitchenSecond level13'11 x 19'0
KitchenMain level9'8 x 12'8
KitchenMain level11'2 x 10'11
KitchenMain level11'8 x 9'9
BedroomSecond level7'9 x 7'7
BedroomSecond level10'11 x 9'9
BedroomSecond level10'2 x 10'8
BedroomSecond level9'3 x 10'8
BedroomMain level8'1 x 12'4
BedroomMain level7'11 x 16'1
BedroomMain level13'11 x 10'2
BathroomSecond level4-Piece
BathroomMain level4-Piece
BathroomMain level4-Piece
BathroomMain level4-Piece
BathroomMain level4-Piece

Listing Information

MLS®
1008154
Listed
July 26, 2025
Time on market
On the market for 402 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Mid-Island Realty (Tfno) · Data source: CREA DDF.

Description

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:63159)

Values & Trends

This listing

$517/sqft

Building average

No other active listings in this building

Tofino average

$1,000/sqft

14 active listing(s)

Parking: 5 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Mainly Sunny

14°C

Mainly Sunny

Humidity 94%

Wind NW 9 km/h

Tonight

13°

Tuesday

15°

Tuesday night

14°

Wednesday

14°

Wednesday night

12°

Thursday

16°

Source: Environment and Climate Change Canada.

Population

2,516

(2021 Census)

+27.9% since 2016

Density: 238.3/km²

Dwellings: 1,205

Median household income: $85,000

After-tax: $75,500

Immigrant population: 9.9%

Top countries of origin (% of total population)

  • United Kingdom1.6% · 40
  • United States of America1.4% · 35
  • Germany0.6% · 15
  • France0.4% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Wickaninnish Community SchoolElementary3.7 km
Maaqtusiis Secondary(Independent)Secondary21.0 km
Maaqtusiis Elementary(Independent)Elementary22.4 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Pacific Rim (SD70)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($499,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,999,200.00
Periodic payment — Principal & Interest (monthly)$12,898.16
Additional monthly expenses (strata, tax, utilities, etc.)$1,010.33
Total monthly cost$13,908.49
Interest paid over 5-yr term$572,976.47
Balance at end of term$1,798,286.87

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$499,800
Stress test qualifying rate8.09%
Payment you must qualify for$15,373.15

Cash Needed at Closing

Minimum down payment$499,800
Estimated BC PTT$52,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$554,270

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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