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39-41 Ontario St
Vi James Bay Victoria V8V 1A8

$1,999,000
Commercial Sale

View of side of property
Photo 1: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
Photo 2: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
Photo 3: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
Photo 4: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
Photo 5: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
Photo 6: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
Photo 7: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
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Photo 74: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
972884
A fantastic opportunity in James Bay, steps from downtown Victoria BC! 2 buildings on a 7200sqft lot! This is an investors dream with an R-2 zoned lot offering 8 suites in total over 6451sqft of living space between the two buildings. Both built around 1915, these artisan homes have a ton of potential. The beautiful brick building in the front used to be the old Fred Paine's Grocery Store circa 1915! Currently operating at an approx CAP of 3.6%! Book your appointment for you showing today!
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Vi James Bay, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
7,200 sq. ft.
Lot Details:
60x120
Taxes:
Building Features:
Bike Storage, Fire Alarm, Laundry Room, Parking, Shopping Nearby, Storage Room, Transit Nearby
Construction:
Brick
New Construction:
No
Foundation:
Block
Electricity:
Yes
Number of Storeys:
2
Ceiling Heights:
Floor finish:
Carpet, Hardwood, Mixed
Total Building Area:
6,450 sq. ft.
Commercial Area:
Water supply:
Municipal
Cooling:
None
Heating:
Baseboard
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Victoria
Legal Description:
Units in Building:
Units in Community:
Occupancy:
Tenant
Property Condition:
Updated/Remodeled
Utilities:
Cable Connected, Compost, Electricity Connected, Garbage, Natural Gas Connected, Recycling
Lot Site Features:
Easy Access, Level, Marina Nearby, Recreation Nearby, Rectangular Lot, Shopping Nearby, Sidewalk
Parking Features:
On Site
Total Parking Spaces:
2
Road Frontage Type:
Street
Road Surface Type:
Paved
Total Units:
Date Listed:
Aug 13, 2024
Original Price:
2199000.0
  • Photo 1: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    View of side of property
  • Photo 2: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    View of building exterior
  • Photo 3: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    View of property featuring a garage
  • Photo 4: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
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  • Photo 5: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
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  • Photo 6: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
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  • Photo 7: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Kitchen with dark wood-type flooring
  • Photo 8: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Kitchen featuring white gas stove and dark hardwood / wood-style floors
  • Photo 9: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Kitchen with light wood-type flooring and white fridge
  • Photo 10: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Full bathroom with shower / bath combo, toilet, and vanity
  • Photo 11: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Bedroom featuring hardwood / wood-style flooring
  • Photo 12: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Bedroom featuring lofted ceiling and hardwood / wood-style flooring
  • Photo 13: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    View of staircase
  • Photo 14: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Bedroom featuring lofted ceiling and light hardwood / wood-style floors
  • Photo 15: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    View of office
  • Photo 16: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Office with vaulted ceiling and wood-type flooring
  • Photo 17: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Office with carpet floors
  • Photo 18: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    View of carpeted office
  • Photo 19: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Kitchen featuring dark wood-type flooring, kitchen peninsula, and light brown cabinetry
  • Photo 20: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Kitchen featuring hardwood / wood-style floors, light brown cabinetry, brick wall, sink, and gas range gas stove
  • Photo 21: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Kitchen with dark wood-type flooring and white fridge
  • Photo 22: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Bedroom featuring wood-type flooring
  • Photo 23: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Bedroom with dark hardwood / wood-style flooring, brick wall, and a closet
  • Photo 24: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Bedroom with wood-type flooring and multiple windows
  • Photo 25: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Bedroom featuring brick wall and hardwood / wood-style floors
  • Photo 26: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Bathroom with a bathing tub, tile patterned flooring, and toilet
  • Photo 27: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Bathroom featuring a bathing tub, toilet, and tile patterned flooring
  • Photo 28: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Living room with hardwood / wood-style floors
  • Photo 29: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
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  • Photo 30: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Kitchen featuring white gas range oven and white cabinetry
  • Photo 31: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Bathroom featuring a tub to relax in, toilet, and tile patterned floors
  • Photo 32: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Bedroom featuring a closet
  • Photo 33: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Living room with brick wall, electric panel, and hardwood / wood-style floors
  • Photo 34: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Living room with brick wall and light hardwood / wood-style floors
  • Photo 35: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Tiled dining space with sink
  • Photo 36: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Kitchen featuring sink, white appliances, and light tile patterned floors
  • Photo 37: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Bathroom with shower / bath combo with shower curtain, tile walls, vanity, and decorative backsplash
  • Photo 38: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    View of carpeted bedroom
  • Photo 39: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Living room featuring wood-type flooring
  • Photo 40: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Living room featuring hardwood / wood-style floors and brick wall
  • Photo 41: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Bedroom featuring hardwood / wood-style flooring and brick wall
  • Photo 42: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Kitchen with light tile patterned floors, white gas range oven, and white cabinetry
  • Photo 43: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Kitchen featuring white cabinetry, white appliances, and light tile patterned floors
  • Photo 44: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Bathroom featuring a shower with door, vanity, and tile patterned floors
  • Photo 45: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Laundry area with washer and dryer
  • Photo 46: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Kitchen with light hardwood / wood-style flooring, light brown cabinets, range with gas cooktop, and white fridge
  • Photo 47: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Kitchen with dark hardwood / wood-style floors, tile counters, sink, white fridge, and kitchen peninsula
  • Photo 48: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Kitchen with light brown cabinets, kitchen peninsula, rail lighting, white fridge, and a breakfast bar area
  • Photo 49: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Living room with hardwood / wood-style flooring
  • Photo 50: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Bedroom with hardwood / wood-style floors
  • Photo 51: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Bedroom with wood-type flooring and brick wall
  • Photo 52: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
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  • Photo 53: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Bathroom with vanity and toilet
  • Photo 54: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Bathroom featuring vanity
  • Photo 55: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
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  • Photo 56: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Kitchen with white range, sink, and white cabinetry
  • Photo 57: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Kitchen featuring white cabinets and white gas stove
  • Photo 58: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    View of living area
  • Photo 59: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    View of misc room
  • Photo 60: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Bedroom with carpet
  • Photo 61: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    View of bedroom
  • Photo 62: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    View of bedroom
  • Photo 63: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Bathroom with tile walls, toilet, and vanity
  • Photo 64: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Living room with dark wood-type flooring and a wealth of natural light
  • Photo 65: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    View of living room
  • Photo 66: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    View of bedroom
  • Photo 67: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Photo 67 of 74
  • Photo 68: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Living room with carpet flooring
  • Photo 69: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Photo 69 of 74
  • Photo 70: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Bathroom featuring vanity, tile patterned flooring, and toilet
  • Photo 71: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Kitchen with crown molding, sink, white cabinetry, and white electric stove
  • Photo 72: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Living room with dark hardwood / wood-style floors
  • Photo 73: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    View of property
  • Photo 74: 39-41 Ontario St in Victoria: Vi James Bay Multi Family for sale : MLS®# 972884
    Photo 74 of 74
Listed by Coldwell Banker Oceanside Real Estate
Data was last updated November 23, 2024 at 10:05 AM (UTC)
Area Statistics
Listings on market:
76
Avg list price:
$600,000
Min list price:
$16
Max list price:
$6,000,000
Avg days on market:
109
Min days on market:
3
Max days on market:
677
These statistics are generated based on the current listing's property type and located in Victoria. Average values are derived using median calculations.

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.