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2639 Quadra St, Victoria, BC, V8X 5G1

MLS® # 961519
Commercial For Sale In Hillside/Quadra, Victoria, British Columbia
$4,600,000
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2639 Quadra St, Victoria, BC, V8X 5G1
$4,600,000

Property Information:

Incredible Investment Opportunity!Discover an unparalleled investment opportunity in a prime location that promises exceptional returns. This property is a shining gem with a fully leased building featuring robust long-term leases with an advantageous 6% escalation clause. Its design has been carefully crafted for effortless maintenance, making it an investor's dream.Yet, the true allure of this property lies in its potential for future development. With thoughtful demarcation that considers essential setbacks for future development endeavours, it's a canvas ready for transformation. We are well-equipped to provide you with comprehensive information, valuable insights, and expert guidance to unlock the immense potential concealed within this property.Don't miss out on securing a savvy investment that guarantees stability and the promise of future growth. Seize this extraordinary opportunity today!

Inclusions: Electric

Property Features:

  • Annual Tax Amount: $26,858
  • Building Features: High Traffic Area, Parking, Transit Nearby
  • Construction Materials: Block
  • Cooling: Air Conditioning
  • Exterior Features: Sign: Pylon
  • Floor Space (approx): 5619 Square Feet
  • Flooring: Concrete
  • Heating: Forced Air
  • Inclusions: Electric
  • Lot Features: Curb & Gutter, Rectangular Lot
  • Lot Frontage: 8100 Square Feet
  • Lot Size: 8100.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Business
  • Utilities: Electricity Connected, Phone Connected
  • Water Source: Municipal
  • Zoning: Commercial
  • Sewer: Sewer To Lot
  • No. of Parking Spaces: 0

Courtesy of: Pemberton Holmes - Cloverdale

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.

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 2639 Quadra St, Victoria, BC, V8X 5G1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Significant

22 hot days expected in 2050

Projected Storm Risk: Exteme

13 storms expected in 2050

Projected Heat Risk: Significant

22 hot days expected in 2050

25/100

Significant

ClimateCheck®

Current data

This property, 2639 Quadra St , experiences 7 hot days per year at around 27.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 22 hot days at 30.4 degrees Celsius.

Projected Avg. Temperature

Past
27.5℃
2050
30.4℃

# Hot Days Per Year

Past
7
2050
22

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: Exteme

13 storms expected in 2050

86/100

Exteme

ClimateCheck®

Current data

This property, 2639 Quadra St , experiences 12 significant 2-day storms per year, with about 494.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 567mm of precipitation per year.

Precipitation Per Storm

Past
494.1mm
2050
567mm

48-Hour Storms Per Year

Past
12
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 2639 Quadra St, Victoria, BC, V8X 5G1

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$91,151.89

Average Number of Children

1.54

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.27 %

High school certificate or equivalent

30.87 %

Apprenticeship trade certificate/diploma

6.65 %

College/non-university certificate

16.45 %

University certificate (below bachelor)

2.4 %

University Degree

31.35 %

Commuter

Travel To Work

By Car

46.12 %

By Public Transit

16.82 %

By Walking

26.25 %

By Bicycle

9.04 %

By Other Methods

1.76 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

81.45 %

Houses

18.55 %

Own Vs. Rent

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