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7925 E Saanich Rd 6,209 SF 100% Leased Retail Building Capital, BC V8M 1T4 $3,750,000 CAD ($603.96 CAD/SF)
INVESTMENT HIGHLIGHTS
- The building was gutted top to bottom in 2021–2023 to its current configuration, providing a successful purchaser with low maintenance requirements.
- The 2,700 SF ground floor commercial unit is fully leased to an established daycare operator, with room for 37 kids.
- Each residential unit contains 3 bedrooms and 2 bathrooms.
- Walking distance to groceries, cafes, restaurants, and other daily needs.
EXECUTIVE SUMMARY
Colliers is pleased to offer for sale 7925 East Saanich Road, a fully renovated strata titled mixed-use building containing three residential units and a large ground floor commercial unit fully leased to a daycare facility. Previously used as a retail store on the main floor and daycare facility on the lower floor, the building underwent extensive renovations to create three residential units on the main floor and a new upper floor while also expanding the daycare on the lower floor. Upgrades include fire separation between units and commercial spaces, seismic reinforcements, new plumbing, perimeter drains, and electrical panels for each residential unit and the daycare.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
6,209 SF
Building Class
B
Year Built
1970
Price
$3,750,000 CAD
Price Per SF
$603.96 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.60
Lot Size
0.24 AC
Zoning
C-3A - Commercial
Frontage
79’ on East Saanich Road
AMENITIES
- Air Conditioning
NEARBY MAJOR RETAILERS
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7925 E Saanich Rd
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