Turnkey downtown Victoria investment. Fully-leased two-storey mixed-use building with four diversified income streams under triple-net leases — a clean, low-management hold. Total rent $20,100/mo ($241,200/yr). Approx. cap rate 6.5%+.
Main floor anchored by Ustaad G, an established Indian restaurant franchise with 12+ locations. Rear unit houses a spa tenanted 7+ years. Upstairs: banquet hall plus a 3-bed, 2-bath apartment occupied by restaurant staff.
Repositioned 2025 — restaurant now franchise-tenanted at market rent, apartment added as new income unit. Buyer to verify floorplan and measurements, done by Sdlenselement Victoria.
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Listed by Woodhouse Realty
Data was last updated August 21, 2026 at 06:05 PM (UTC)
Area Statistics
Listings on market:
64
Avg list price:
$451,500
Min list price:
$30,000
Max list price:
$17,029,000
Avg days on market:
86
Min days on market:
1
Max days on market:
544
These statistics are generated based on the current listing's property type
and located in
Vi Downtown. Average values are
derived using median calculations. This data is not produced by
the MLS® system.