See all 42 photos

Listing by Kristie Haz eXp Realty (NA)

$2,340,000

Est. payment - /mo

Save

6,655 SqFt

Active

3185 Quadra St Victoria, BC V8X 1E9

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Thu

Jan

Fri

Jan

Sat

Jan

Kyle Kerr PREC

kyle@initiumre.com +1(250) 818-5595

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,655 sqft

Price per Sqft $351

MLS Listing ID 996057

HOA Y/N No

Annual Tax Amount $19,978

Tax Year 2024

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Mixed Use

Property Description

ACT FAST – PRICED UNDER ASSESSED VALUE with a 6%+ CAP RATE! 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 recently. 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.

Location

Province BC

County Capital Regional District

Community Vi Mayfair

Area Victoria

Zoning C-1S

Direction near Quadra & Tolmie intersection

Interior

Heating Baseboard, Heat Pump, Natural Gas

Cooling Wall Unit(s)

Flooring Carpet, Laminate, Tile, Vinyl

Fireplace No

Exterior

Exterior Feature Balcony/Patio, Display Window, Fencing: Partial, Lighting, Signband, Storefront

Parking Features On Site

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected

View Y/N true

View City, Mountain(s)

Garage No

Building

Foundation Concrete Perimeter

Sewer Sewer Connected

Water Municipal

Others

Ownership Freehold

NEARBY SCHOOLS & PROPERTIES

PROPERTIES

There are 1,314 listings nearby.

I have bought a house with Kyle Kerr as my realtor and it was a smooth professional experience. I specifically like working with a realtor like him who responds fast and communicates clearly to any questions I have promptly. He was also my realtor for the sale of my condo recently and the photographer was great and I had wonderful pictures. It sold above listing price within a day and his staff were also in contact to assist in this transaction

+1(250) 818-5595

info@initiumre.com

505 Dalton St, Victoria, V9A, 4B1