$5,250,000

Investment For Sale In Tofino, British Columbia

$5,250,000

Property Information:

New Pro Forma available, Feb. 2025. contact listing agent. The Comprehensive Hotel\Residency Zoning approved will allow the construction units which will be booked years in advance and the Penthouse Units dwarf all other facilities anywhere on the West Coast. Zoning allows for nightly through permanent residency with the most comprehensive and possibly the last allowed. Tofino enjoys some of the lowest vacancies and highest per diem rental rates in North America. Looking out over the ocean and small islands gives the ambience of being at the edge of the world while all the shops and restaurants are a 4 minute walk. The Penthouses with massive decks will be the most sought after suites in Tofino or Long Beach. The owner will consider a possible joint venture with Purchaser with a buy back on suite or possibly take back financing. Once in a lifetime opportunity so don't be saying woulda-coulda-shoulda!

Property Features:

  • Annual Tax Amount: $400,331
  • Lot Features: Acreage, Central Location, Hillside, Private, Shopping Nearby
  • Lot Frontage: 14810.4 Square Feet
  • Lot Size: 14810.40 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • View:
  • Water Source: Municipal
  • Waterfront Features: Ocean Front
  • Zoning: DEV.PER.09-22
  • Sewer: Sewer To Lot

Courtesy of: Royal LePage Parksville-Qualicum Beach Realty

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.