709 Yates St, Victoria, BC V8W 1L6
709 Yates St, Victoria, BC V8W 1L6
709 Yates St, Victoria, BC V8W 1L6
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Listing by Austin Cope Colliers
$6,600,000
Est. payment /mo
18,458 SqFt
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 18,458 sqft

Price per Sqft $357

MLS Listing ID 1032080

HOA Y/N No

Year Built 1904

Annual Tax Amount $83,929

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Mixed Use

Property Description

709 Yates Street offers a rare opportunity to acquire a prime mixed-use asset in the heart of Downtown Victoria. Ideally situated along one of the city's main commercial corridors, the property benefits from exceptional visibility, strong pedestrian and vehicular traffic, and immediate access to major transit routes.

Surrounded by a vibrant mix of restaurants, cafés, national retailers, boutique shops, entertainment venues, and high-density office and residential developments, the location supports consistent foot traffic and strong tenant demand. The fully leased building features a stable income profile with longstanding tenants and a diverse mix of uses.

Investment highlights include built-in rental escalations across all leases, early renewals secured with key tenants including Haunted Manor Ltd. (to 2031) and Canada Post (to 2032), and significant long-term upside through rental growth and value-add potential.

Location

Province BC

County Capital Regional District

Community Vi Downtown

Area Victoria

Zoning CBD-1

Interior

Fireplace No

Exterior

View Y/N false

Garage No

Others

Ownership Freehold


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Jason Anson
Jason Anson

Agent | License ID: 188385

+1(250) 252-7653 | sold@jasonanson.ca

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709 Yates St

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