Lot for sale

174 West St, Tofino

$4,950,000 or
$4,950,000 or

Lot for sale

174 West St, Tofino

Features

Lifestyle
921871 4950000 /en/lot~for-sale~tofino/921871?view=Summary /en/lot~for-sale~tofino/921871/photos 49.1534000000 -125.9121200000 true
Lot Size
34,229 sqft
Gross Property Tax
$32,617.66 /year
Zoning
CD-GP
View
Mountain(s), Ocean, Other
Additional Features
Central Location, Cleared, Cul-de-sac, Foreshore Rights, Irregular Lot, Marina Nearby, No Through Road, Private, Quiet Area, Recreation Nearby, Serviced, Shopping Nearby, Walk on Waterfront, See Remarks

Description

174 West Road presents an incredibly rare offering as of one of Tofino's very few development sites already zoned for nightly tourist accommodation use. This 34,211 square foot development site is currently operated as Wildpod Clamping Tofino under a temporary use permit that expires in 2024, and which will provide excellent holding income while you get development permits. The site specific zoning allows for the development of 25 tourist accommodation units that provide for nightly rentals up to 30 day stays. The location of this property, adjacent to Tofino Harbour & downtown will make these units incredibly popular. Site also allows for an additional 2 BR residential unit for staff accommodation. The offering also includes a water lot lease that could be used for a floating amenity such as a kayak dock, gazebo or other creative options. Additional info available including development plans, income statements, zoning & copies of relevant permits. Direction is N, S, E & W
MLS® Number 921871

Listing REALTOR®

Mark Lester, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Mark Lester

REALTOR®, Personal Real Estate Corporation

Colliers

Location

In accordance with our Terms of Use, location data are provided to you “as-is”, without warranty. Any liability arising from location data is expressly excluded.

Calculate mortgage payments

$
$
%
4,950,000 $
%
years
$

Estimated property transfer tax

$
$
$
$
$

Calculate borrowing capacity

$
%
years
$
  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
1 1 26796
Back top