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Bank of Montreal 1225 Douglas St 5,693 - 24,133 SF of Office Space Available in Victoria, BC V8W 2E6
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Lower Level | 5,693 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor | 9,322 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 2nd Floor | 9,118 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
Lower Level
Versatile lower-level space offering excellent support area for the ground-floor retail or upper-floor office tenant, or a stand-alone use leveraging the building's flexible CBD-1 zoning. Provides vast storage capacity and additional break-out areas, rounding out the building's 25,133 SF of total rentable area. Contact listing agents for additional information.
- Lease rate does not include utilities, property expenses or building services
- Fits 15 - 46 People
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 24,133 SF of adjacent space
- Generous storage capacity.
- Flexible CBD-1 zoning.
1st Floor
Prime ground-floor retail/office opportunity in a Rattenbury-designed heritage landmark on one of Victoria's most prominent corners. Featuring vaulted ceilings, an open floor plan, and multiple entry points, this space accommodates a financial institution use or can be re-envisioned for a flagship retail, premium F&B, or office concept. Separate corner entrance on Yates and Douglas Streets provides exceptional exposure at the entry of the downtown core. Contact listing agents for additional information.
- Lease rate does not include utilities, property expenses or building services
- Fits 24 - 75 People
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 24,133 SF of adjacent space
- Separate corner entrance on Yates & Douglas Street
- Flexible CBD-1 zoning.
- Vaulted ceilings with open, flexible floor plan.
2nd Floor
Fully built-out Class A office space on the upper level of this iconic heritage building, offering a separate secure lobby and dedicated access on Douglas Street. The floor is bathed in natural light from multiple windows fronting both Yates and Douglas Streets, complemented by large interior skylights. Multiple break-out and kitchen areas, vast storage, and existing end-of-trip facilities make this a turnkey office opportunity. Contact listing agents for additional information.
- Lease rate does not include utilities, property expenses or building services
- Fits 23 - 73 People
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 24,133 SF of adjacent space
- Separate corner entrance on Yates & Douglas Street
- Flexible CBD-1 zoning.
- Vaulted ceilings with open, flexible floor plan.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Bank of Montreal
- Tenant
- Description
- CAN Locations
- Reach
- BMO
- Bank
- 2,296
- International
- BMO Bank of Montreal
- Bank
- 2,296
- International
| Tenant | Description | CAN Locations | Reach |
| BMO | Bank | 2,296 | International |
| BMO Bank of Montreal | Bank | 2,296 | International |
Property Facts
| Total Space Available | 24,133 SF | Gross Leasable Area | 25,133 SF |
| Property Type | Retail | Year Built | 1907 |
| Property Subtype | Bank |
| Total Space Available | 24,133 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 25,133 SF |
| Year Built | 1907 |
About the Property
Prominently positioned at the intersection of Douglas and Yates Streets in the heart of Victoria, 1225 Douglas Street is a distinguished heritage landmark that reflects the city’s early commercial ambition and architectural excellence. The property is currently tenanted by BMO which provides time and a rare opportunity to reimagine both office and retail spaces to meet modern standards while preserving its heritage appeal. Contact agents for pricing.
- Bus Line
- Signage
Nearby Major Retailers
Presented by
Bank of Montreal | 1225 Douglas St
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