1105 Pandora Ave - Apartments CONDO FOR SALE


Victoria, BC V8V 3N8
$1,599,900 CAD
250-888-6186
1105 Pandora Ave, Victoria, BC for Sale
$1,599,900 CAD
Apartments CONDO - FOR SALE
1/4
null | Request Cap Rate

1105 Pandora Ave
Victoria, BC V8V 3N8


HIGHLIGHTS

  • Court-ordered foreclosure sale offering immediate ownership opportunity in a high-demand market.
  • Zoned CA-1, allowing for professional office, boutique retail, or mixed-use applications.
  • Located in a walkable, transit-rich area surrounded by residential and medical developments.
  • Strong neighborhood amenities including cafes, restaurants, and green spaces within steps.
  • Situated in a district experiencing urban revitalization, supporting long-term value growth.
  • Ideal for healthcare, legal, and financial professionals seeking a central, accessible location.

OVERVIEW

This court-ordered foreclosure sale offers a rare opportunity to acquire boutique commercial office space in Victoria’s dynamic urban market. Positioned within a vibrant neighborhood undergoing significant revitalization, the property is surrounded by residential condominiums, rental apartments, and medical office buildings, ensuring a strong client base and consistent foot traffic. The unit’s CA-1 zoning provides flexibility for professional offices, boutique retail, or mixed-use configurations, making it an attractive option for healthcare, legal, and financial professionals. The property benefits from excellent walkability and convenient access to public transit, with nearby amenities including cafes, restaurants, and parks that enhance the work-life experience for occupants and visitors alike. As construction costs continue to rise, the demand for move-in-ready office spaces has surged, positioning this asset as a cost-effective alternative to new development. Its location within Victoria’s thriving downtown corridor, combined with the area’s ongoing urban renewal, underscores the long-term value and growth potential of this investment.. PID: 031-301-207

FOR SALE DETAILS

PRICE

$1,599,900 CAD

PRICE/SF

$396 CAD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

The Wade

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

75,000 SF

STORIES

5

BUILDING CLASS

B

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CA-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

May LiuDFH Real Estate LTDMore Info
250-888-6186

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May LiuDFH Real Estate LTDMore Info
250-888-6186

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.