3185 Quadra St, Victoria

2025-04-22
 

Quick Summary

Location
3185 Quadra St, Victoria, British Columbia V8X1E9
Price
$2,340,000 CAD
Status:
For Sale
Property Type:
Other

MLS®#996057

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. (id:32467)

Property Features

Building

  • Cooling Type: Wall unit
  • Fireplace: No
  • Building Type: Commercial Mix

Land

  • Land Size: 7473 sqft

Ownership

  • Type: Freehold

Zoning

  • Description: C-1S

Information entered by eXp Realty (NA)
Listing information last updated on: 2025-10-29 19:43:08


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$500,000

Your One Percent Realty Commission savings

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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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