Price
$3,500,000
BedroomsNot listed
BathroomsNot listed
Size3766 sqft
Year Built1985
Property TypeCommercial
Property TaxesNot listed
Unit Number103
This well-located property sits on Shelbourne Street, with great tenant in place, just minutes from UVic and steps from Home Depot, making it an ideal location for long-term investment. The property sits in a high-density area, surrounded by significant residential and mixed-use developments -over 700 new residential units planned or under construction nearby -this area is rapidly developing and becoming a major urban hub. With high exposure, ample foot traffic, and strong future potential, this is a rare opportunity to secure a valuable asset in one of Victoria’s most active redevelopment zones. Come make it your DESTINED business! Do not approach staff or business owner regarding the sale of the business.* (id:39198)
The listing brokerage and/or agent is Pemberton Holmes Ltd.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
$12,574 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$2,800,000
Total Interest Payments
$1,726,371
Total Payment (Principal + Interest)
$4,526,371
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Realtors
Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.