1608 Quadra Street, Downtown Victoria
Price
$199,900
BedroomsNot listed
BathroomsNot listed
SizeNot listed
Year BuiltNot listed
Property TypeCommercial
Property TaxesNot listed
Description
Turtle Hostel is a long-established budget accommodation business in downtown Victoria, offered as a combined sale with the real estate property. This charming, character-filled hostel features 10 versatile units, including dorms and single, double, and triple rooms, catering to steady year-round demand from international travelers, students, and domestic tourists. Positioned in a high-traffic tourism market, just steps from Victoria’s top attractions, amenities, and public transit, it consistently achieves stable occupancy while maintaining low operating costs. With its proven history, prime location, and unique character, Turtle Hostel offers investors both cash flow and strong growth potential in the city’s undersupplied budget accommodation sector. Come make it your destined business! Please do not approach staff or owner regarding sale of business. (MUST BE PURCHASED with the real estate) (id:39198)
Listed By
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.
Property Dimensions
The Property Location
Mortgage Calculator
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Total Monthly Payment
$719 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$159,920
Total Interest Payments
$98,601
Total Payment (Principal + Interest)
$258,521
Cashflow Calculator
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Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
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Comber Friesen Group
Realtors
Related Properties
Meet Alex & Georgia
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.
Locations We Serve
Cowichan Valley
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.