Property Type: Land / LotOwnership: Freehold

460-464 Head St

Esquimalt, BC V9A5S2

$5,099,900

0 bed0 bath
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Property Details

Property & Lot

Lot size
13,000 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$6,850.16

Interior

Heating
Other
Fireplace
None

Exterior & Lot

View
Ocean view

Listing Information

MLS®
1040116
Listed
June 11, 2026
Time on market
On the market for 81 days
Data last synced
August 28, 2026

Listing provided by: DFH Real Estate Ltd. · Data source: CREA DDF.

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. (id:63159)

Location Insights

Weather

15°C

Humidity 82%

Wind N 2 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

17,653

(2021 Census)

Density: 2,418.2/km²

Dwellings: 9,036

Median household income: $76,000

After-tax: $67,500

Immigrant population: 15.3%

Top countries of origin (% of total population)

  • United Kingdom3% · 525
  • Philippines1.5% · 270
  • United States of America1.2% · 215
  • India0.8% · 145
  • China0.7% · 115
  • Germany0.5% · 85
  • Viet Nam0.3% · 60
  • France0.3% · 50

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

44

6/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Ecole Macaulay ElementaryElementary537 m
BeausoleilElementary663 m
Victor-BrodeurK-12663 m
Victoria West ElementaryElementary1.2 km
Esquimalt High SchoolSecondary1.3 km
Rockheights Middle SchoolElementary1.4 km
James Bay CommunityElementary1.8 km
Selkirk Montessori School(Independent)Elementary/Middle2.2 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.

Nearby Places

Restaurants (5+)

  • Lum's Chinese Restaurant · 914 Esquimalt Road486 m
  • Spice Valley Indian Cuisine · 910½ Esquimalt Road489 m
  • Bunny's Nook Kitchen · 904B Esquimalt Road500 m
  • Sushi Story531 m
  • The Blue Nile548 m

Cafes (3)

  • Marina Bay Cafe · 474 Head Street26 m
  • Tim Hortons545 m
  • Esquimalt Roasting Company · 854 Esquimalt Road585 m

Parks (5+)

  • Captain Jacobson Park123 m
  • Paradise Park204 m
  • West Bay Walkway478 m
  • Barnard Park · 300 Barnard Avenue559 m
  • Brodeur Field · Old Esquimalt Road666 m

Gyms (1)

  • Third Space · 918 Esquimalt Road484 m

Pharmacies (2)

  • Heart Pharmacy · 890 Esquimalt Road529 m
  • Shoppers Drug Mart · 870 Esquimalt Road591 m

Banks & ATMs (1)

  • Unnamed568 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,019,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$4,079,920.00
Periodic payment — Principal & Interest (monthly)$26,322.26
Additional monthly expenses (strata, tax, utilities, etc.)$570.85
Total monthly cost$26,893.11
Interest paid over 5-yr term$1,169,316.80
Balance at end of term$3,669,901.24

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,019,980
Stress test qualifying rate8.09%
Payment you must qualify for$31,373.16

Cash Needed at Closing

Minimum down payment$1,019,980
Estimated BC PTT$172,995
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,194,475

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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