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! (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Listing Contract Date
2024-08-13
Municipal ID
002-701-987
Ownership Type
Freehold
Plan
VIP961
Property Type
Other
Signage
Signband
Transaction Type
For sale
Views
City view, Mountain view
Zoning Description
C-1S
Zoning
Unknown
Building
Ceiling Height
96 inches
Cooling Type
Wall unit
Fire Protection
Fire alarm system
Heating Fuel
Natural gas
Heating Type
Baseboard heaters, Heat Pump
Size (Exterior)
6655 square feet
Type
Commercial Mix
Land
Total Size
7473 square feet
Size of Irregular Land
7473
Terms of Use
Please review and agree to the following terms of use to access the listing content:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA;
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy;
This website is operated by a brokerage or salesperson who is a member of CREA;
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
