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1831 Oak Bay Av 2,105 SF Retail Condo Unit Offered at $1,620,000 CAD in Victoria, BC V8R 1C3
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 026-331-187 |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 026-331-187 |
Sale Notes
Opportunity to acquire a prime ground floor commercial strata unit along Oak Bay Avenue, ideal for those seeking to own their own real estate. This ±2,105 SF retail unit is currently leased to RBC, who have indicated a willingness to terminate their lease and vacate the premises upon sale. Alternatively, a purchaser can elect to maintain the existing tenancy through its expiry in May 2027, providing near-term income stability. The unit benefits from extensive infrastructure, mechanical, and electrical upgrades completed by RBC, offering a high-quality and functional space for a range of users. The premises feature direct frontage and access from Oak Bay Avenue, along with a rear exit connecting to second-level commercial tenant parking, providing convenient accessibility for both customers and staff.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 102 | 2,105 SF | Retail | $1,620,000 CAD ($769.60 CAD/SF) | - |
Unit 102
| Unit Size |
| 2,105 SF |
| Condo Use |
| Retail |
| Price |
| $1,620,000 CAD ($769.60 CAD/SF) |
| NOI |
| - |
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Unit 102
| Unit Size | 2,105 SF |
| Condo Use | Retail |
| Price | $1,620,000 CAD ($769.60 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 026-331-187 |
| Sale Notes | |
| Opportunity to acquire a prime ground floor commercial strata unit along Oak Bay Avenue, ideal for those seeking to own their own real estate. This ±2,105 SF retail unit is currently leased to RBC, who have indicated a willingness to terminate their lease and vacate the premises upon sale. Alternatively, a purchaser can elect to maintain the existing tenancy through its expiry in May 2027, providing near-term income stability. The unit benefits from extensive infrastructure, mechanical, and electrical upgrades completed by RBC, offering a high-quality and functional space for a range of users. The premises feature direct frontage and access from Oak Bay Avenue, along with a rear exit connecting to second-level commercial tenant parking, providing convenient accessibility for both customers and staff.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 12,000 SF | Floors | 3 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 4,000 SF |
| Property Subtype | Apartment | Year Built | 2005 |
| Building Class | B | Lot Size | 0.38 AC |
| Zoning | CVD-1 - Community Village District | ||
| Total Building Size | 12,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 4,000 SF |
| Year Built | 2005 |
| Lot Size | 0.38 AC |
| Zoning | CVD-1 - Community Village District |
Amenities
Site Amenities
- On-Site Retail
Exceptionally walkable
90/100
Fairly drivable
40/100
Some public transit
50/100
Moderately bikeable
70/100
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1831 Oak Bay Av
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