246 First St, Tofino
PA Tofino · Land · MLS® 997960 · Listed May 5, 2025
Water Allocation Credits already secured. One of the last remaining building lots in Tofino with WAC in place that allows short term rental use. Centrally located ocean view lot within a quiet three lot subdivision near downtown. The property measures 7,366 square feet. The lot rises from the road and extends beyond the lower terrace to include the upper hillside portion, creating an excellent opportunity for a west coast design that takes advantage of elevation, privacy, filtered ocean views, and added separation from neighbouring homes. The forested rear boundary provides a natural buffer. Zoned R1, permitting a single family home plus secondary suite and licensed short term rental. Tofino’s exemption from current provincial short term rental rules adds flexibility and income potential. Maximum lot coverage approximately 1,841 square feet. A rare opportunity to secure build ready land in Tofino’s supply constrained market. Walking distance to Tonquin Beach, shops, and amenities.
| Property Type | Land |
| Lot Size | 7,351 sqft (0.17 acres) |
| Lot Features | Central Location, Cleared, Corner Lot, Easy Access, Recreation Nearby, Rectangular Lot, Shopping Nearby, Sloped |
| Parking | 3 spaces |
| Water | Municipal |
| Sewer | Sewer To Lot |
| Zoning | Residential |
| Taxes | $2,162 (2024) |
| MLS® # | 997960 |
| Brokerage | Macdonald Commercial Real Estate Services Ltd. |
Similar properties sold within 6 months
It is listed at $419,000.
It has 3 parking spaces.
The lot is 7,351 sqft (0.17 acres).
246 First St, Tofino was originally listed at $559,000, then reduced to $419,000 (25.0% reduction).
MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Aug 8, 2026.
