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Listed by Kristie Haz eXp Realty (NA)

$2,340,000

Est. payment - /mo

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6,655 SqFt

Active

3185 Quadra St Victoria, BC V8X 1E9

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Tina Gonzalez PREC* & Tim Webb PREC*

info@islandhomes4you.com +1(778) 837-1144

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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

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

Exterior

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

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected

View Y/N Yes

View City, Mountain(s)

Garage No

Building

Foundation Concrete Perimeter

Sewer Sewer Connected

Water Municipal

Locker No

Others

Ownership Freehold

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T & T Team - Island Homes 4 You

REALTORS®

+1(778) 837-1144