709 Yates St Victoria, BC V8W 1L6
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 18,458 sqft
Price per Sqft $357
MLS Listing ID 1032080
HOA Y/N No
Year Built 1904
Annual Tax Amount $83,929
Tax Year 2025
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Mixed Use
Property Description
Surrounded by a vibrant mix of restaurants, cafés, national retailers, boutique shops, entertainment venues, and high-density office and residential developments, the location supports consistent foot traffic and strong tenant demand. The fully leased building features a stable income profile with longstanding tenants and a diverse mix of uses.
Investment highlights include built-in rental escalations across all leases, early renewals secured with key tenants including Haunted Manor Ltd. (to 2031) and Canada Post (to 2032), and significant long-term upside through rental growth and value-add potential.
Location
Province BC
County Capital Regional District
Community Vi Downtown
Area Victoria
Zoning CBD-1
Interior
Fireplace No
Exterior
View Y/N false
Garage No
Others
Ownership Freehold
NEARBY SCHOOLS & PROPERTIES
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