Area: British Columbia
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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. 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. (id:44056)

Property Details

Full Address:
3185 Quadra St, Victoria, British Columbia
Price:
$ 2,340,000
MLS Number:
1028468
List Date:
March 10th, 2026
Neighbourhood:
Mayfair
Building Size:
6655 sq.ft.
Lot Size:
7473 sq.ft.
Taxes:
$ 23,112

Interior Features

Air Conditioning:
Wall unit
Heating:
Heat Pump, Baseboard heaters, Natural gas

Building Features

Building Size:
6655 sq.ft.
Zoning:
Unknown
Ownership Type:
Freehold
Taxes:
$ 23,112

Floors

Land

View:
City view, Mountain view
Lot Size:
7473 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Kristie Haz eXp Realty (NA)
 250-883-0477
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Listing Agent(s)

Listing: Kristie Haz
eXp Realty (NA)

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