ACT FAST – PRICED UNDER ASSESSED VALUE! This fully leased, mixed-use property near Downtown Victoria delivers immediate income and long-term upside. Located at the high-traffic intersection of Quadra and Tolmie, the building features a 2,590 sq ft ground-floor commercial space leased to Arctic Spas, showcasing a dynamic showroom. The upper floors include one 1-bedroom and two 2-bedroom residential units, plus a top-floor 2-bedroom + den penthouse with a rooftop patio and city views. Major upgrades were completed in 2019, with additional updates to residential units in recent years. Offered below assessed value, this is a rare opportunity to secure a high-exposure, fully tenanted asset in a sought-after market. Updated appraisal and full financials available for qualified buyers upon signing a confidentiality agreement. Opportunities like this are rare—contact the listing agent today! Please respect tenant privacy—do not disturb.
Heating Baseboard, Heat Pump, Natural Gas
Flooring Carpet, Laminate, Tile, Vinyl
Exterior features Balcony/Patio, Display Window, Fencing: Partial, Lighting, Signband, Storefront
Parking Type On Site
Taxes$19,978
Rentals Allowed Unrestricted
Days on Market41