$2,490,000

House For Sale In Hillside/Quadra, Victoria, British Columbia

$2,490,000

Property Information:

EXCEPTIONAL INVESTMENT OPPORTUNITY – Presenting a fully leased mixed-use property in a prime location near Downtown Victoria, recently enhanced with modern upgrades. Situated in a commercial hub at Quadra and Tolmie. Features include a 2,590 sq ft ground-floor space currently leased to Arctic Spas, which operates an expansive showroom. The second floor offers one 1-bedroom and two 2-bedroom apartments, while the third floor boasts a spacious 2-bedroom + den penthouse with a rooftop patio and city views. Upgrades were completed in 2019, including the commercial space and penthouse, with further improvements to units in recent years. The property provides ample on-site parking. Detailed financials are available for qualified buyers upon signing a confidentiality agreement. Please respect tenant privacy—do not disturb. An updated appraisal is available. This is a rare chance to acquire a fully tenanted, high-exposure building with strong investment potential. Contact listing agent today!

Property Features:

  • Annual Tax Amount: $18,301
  • Building Features: Fire Alarm, High Traffic Area, Laundry Room, Parking, Transit Nearby
  • Construction Materials: Frame Wood, Stucco
  • Cooling: Wall Unit(s)
  • Exterior Features: Balcony/Patio, Display Window, Fencing: Partial, Lighting, Signband, Storefront
  • Floor Space (approx): 6655 Square Feet
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard, Heat Pump, Natural Gas
  • Lot Frontage: 7473 Square Feet
  • Lot Size: 7473.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Mixed Use
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
  • View: City, Mountain(s)
  • Water Source: Municipal
  • Zoning: C-1S
  • Sewer:
  • No. of Parking Spaces: 0

Courtesy of: eXp 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.