Restaurants for Sale — Downtown, Victoria, BC
$120,000
564 Fisgard St, Victoria, BC V8W1R4
Property details
Structured details
- Ownership
- Leasehold
- Annual property tax
- $1
Listing Information
- MLS®
- 988786
- Listed
- February 24, 2025
- Time on market
- 567 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Having operated successfully for over a decade in the heart of Victoria’s Chinatown, this well-established Chinese restaurant presents an exceptional opportunity to acquire a profitable and recognizable business in a prime downtown location. The lease offers favorable rental terms, and the restaurant benefits from a loyal customer base and steady repeat clientele. Fully equipped and operational, this is a true turnkey opportunity allowing a new owner to generate income from day one. Flexible payment terms may be available, including vendor financing or installment options for qualified buyers, providing additional accessibility and investment flexibility. Please do not approach the owner or staff directly. All inquiries and private showings must be arranged through the Listing Agent. (id:63159)
Financing calculator
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Financing details
- Monthly debt service
- $1,165
- Cash required at close
- $49,000
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
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Location
Local market size (Victoria)
- Population
- 91,867(+7.1% since 2016)
- Population density
- 4,723.2/km²
- Median household income
- $67,500
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 42.6%
- Postsecondary below bachelor's
- 25.3%
- High school diploma
- 24.0%
- No certificate/diploma
- 8.2%
Population aged 15 and over.
Commute
- Car, truck or van
- 53.3%
- Public transit
- 11.1%
- Walked
- 22.5%
- Bicycle
- 9.6%
- Other
- 3.5%
Commute duration
- Under 15 min
- 37.6%
- 15–29 min
- 42.6%
- 30–44 min
- 14.1%
- 45–59 min
- 3.2%
- 60+ min
- 2.4%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Ocean Garden · 568 Fisgard Street9m
- Shizen Japanese Restaurant · 1706 Government Street11m
- Wah Laiyuen · 560 Fisgard Street14m
- Matadora Taperia · 559 Fisgard Street34m
- Kwong Tung Seafood Restaurant · 548 Fisgard Street36m
Cafes (5+)
- QV Cafe · 1701 Government Street54m
- Starbucks · 1689 Government Street71m
- Bean Around The World · 533 Fisgard Street84m
- Union Pacific Coffee · 537 Herald Street93m
- Habit Coffee · 552 Pandora Avenue103m
Grocery (5+)
- Zero Waste Emporium · 1728 Douglas Street207m
- No Frills · 770 Fisgard Street282m
- Mexican House of Spice · 1412 Douglas Street289m
- Bulk Barn · 706 Yates Street415m
- Daily Fresh · 1627 Quadra Street653m
Shopping (5+)
- Camöflage205m
- Sabayons · 1101 Government Street477m
- The Bay Centre491m
- The Bay Centre · 1150 Douglas Street491m
- Winners · 1150 Douglas Street491m
Parks (5+)
- Pandora Green145m
- Triangle Green249m
- Bridgehead Green285m
- Reeson Park · 1300 Wharf Street365m
- Fort Victoria566m
Gyms (5+)
- MA Yoga and Wellness Studio · 541 Herald Street86m
- F45133m
- Spinco · 524 Pandora Avenue148m
- Limitless Training · 582 Johnson Street211m
- Quantum Yoga and Pilates (Downtown) · 1701 #8 Douglas Street292m
Pharmacies (4)
- Shoppers Drug Mart · 1212 Douglas Street453m
- I.D.A. Cridge Family · 641 Fort Street543m
- Rexall · 912 Douglas Street687m
- View Street Pharmacy · 867 View Street763m
Banks & ATMs (5+)
- Localcoin Bitcoin ATM · 1710 Douglas Street197m
- RBC Royal Bank · 1701 Douglas Street239m
- Scotiabank · 702 Yates Street397m
- Vancity · 1280 Douglas Street411m
- Unnamed419m
Healthcare (5+)
- Victoria Chinatown Care Centre · 555 Herald Street58m
- Hey Shauna Art Therapy Studio262m
- Foundry Victoria · 546 Yates Street310m
- Victoria Cool-Aid Society Community Health Centre · 713 Johnson Street381m
- KlinikMD416m
Nearby places data: © OpenStreetMap contributors.
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Frequently asked questions
What is the asking price for this restaurant?
The asking price is $120,000.
Where is this business located?
This listing is located in Victoria, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.