936 Queens Ave
Victoria
V8T 1M6
$1,825,000
Commercial Sale
built: 1914
SOLD OVER THE LISTING PRICE!
- Status:
- Sold
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 888488
- Sold Date:
- Nov 05, 2021
- Year Built:
- 1914
Completely vacant 6 unit character conversion at Central Park & Crystal Pool. This coveted legal, non-conforming conversion; R-2 Family/Duplex zone comprises: 3 legal suites at 940 Queens Ave. & 2 legal suites + 1 unauthorized suite at 936 Queens Ave. Move-in ready or get renovating immediately upon possession. Potential Stabilized Effective Gross Income (EGI) over $12,000/mo.! CMHC vacancy 0.9%. Consult Schedule G for unauthorized dwelling unit. New 400A Electrical hardware installed in 2021 should new ownership wish to continue upgrading this old gem. Occupancy Permit in Supplements. New roof approx. 2011.
Showing Schedule on Touchbase. All measurements to be verified. Owner currently pays above-ground oil-fired radiant heat & domestic gas-fired hot water. Unverified 2020 expense roll:Property Tax $7,600; City Utilities $1,262; Insurance $5,356; Hydro $1,460; Fortis $680; Oil $4,838. Typical expense ratios ~30% of EGI. This one will earn well in any portfolio! See Realtor Notes.
- Price:
- $1,825,000
- Property Type:
- Commercial Sale
- MLS® Num:
- 888488
- Status:
- Sold
-
Photo 1 of 47 -
936 Entrance to Suites C & D
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D
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D
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D
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D
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D
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A
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A
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A
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940 Queens Entrance A & B
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A
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A
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A
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A
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A
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B
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B
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B
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B
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B
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B
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B
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B
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E
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E
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E
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E
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E
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E
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E
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C
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C
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C
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C
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C
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C
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F
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F
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F
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F
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Rear
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Yard
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Front Balcony
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Central Park
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Photo 46 of 47
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Photo 47 of 47
Listed by Royal LePage Coast Capital - Chatterton, sold on November, 2021
Data was last updated September 8, 2025 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 102
- Avg list price:
- $1,275,000
- Min list price:
- $10,000
- Max list price:
- $12,950,000
- Avg days on market:
- 100
- Min days on market:
- 2
- Max days on market:
- 965
These statistics are generated based on the current listing's property type
and located in
Victoria. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- STEPHEN CALDERWOOD
- RE/MAX CAMOSUN - OAK BAY
- 1 (778) 5845180
- Contact by Email
2239 Oak Bay Ave
Victoria, BC, V8R 1G4