Office for Sale — Central Park, Victoria, BC
$999,000
840 Cormorant St, Victoria, BC V8W1R1
Property details
Structured details
- Ownership
- Freehold
- Zoning
- R3-C
- Annual property tax
- $4,130.4
- Lot dimensions
- 2550
- Structure type
- Offices
- Parcel ID (PID)
- 009-412-361
- Heating
- Baseboard heaters, Other
- Lot features
- Level lot, Partially cleared, Other, Rectangular
From the listing remarks
- Licence type
- daycare
Stated by the listing brokerage in the remarks; not verified. Hover a value to see the exact sentence it came from.
Listing Information
- MLS®
- 1045222
- Listed
- August 6, 2026
- Time on market
- 39 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
An opportunity to own a heritage-registered standalone freehold property in the heart of Victoria. Offering approximately 2,350 sq. ft. across three levels, the building features five rooms, an office, two bathrooms, multiple fireplaces, and storage. The 1,048 sq. ft. main floor offers 10-foot ceilings, while the 765 sq. ft. second floor features 9-foot ceilings. Above, an additional 537 sq. ft. offers a vaulted ceiling and flexible storage potential. Formerly operated as a daycare, the property includes secured access and fenced front and rear yards. The existing daycare licence may be available by separate negotiation. Set on a 2,550 sq. ft. lot, permitted uses under R3-C zoning include multiple dwellings, business or professional offices, retail stores, restaurants, places of recreation, and commercial care facilities, subject to applicable zoning provisions. (id:63159)
Financing calculator
Estimate your monthly payment on the $999,000 asking price.
Financing details
- Monthly debt service
- $9,697
- Cash required at close
- $224,800
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
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+)
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- Curry Shashwat · 1609 Blanshard Street115m
- Mantu · 1420 Quadra Street203m
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Cafes (5+)
- Tim Hortons · 1410 Blanshard Street210m
- Macchiato Caffe · 780 Johnson Street233m
- Deer & Dough Bakery Cafe · 770 Fisgard Street259m
- Habit Coffee · 808 Yates Street308m
- The Loft & Ladder319m
Grocery (5+)
- Daily Fresh · 1627 Quadra Street116m
- No Frills · 770 Fisgard Street281m
- Zero Waste Emporium · 1728 Douglas Street360m
- Save-On-Foods · 1010 Pandora Avenue369m
- Mexican House of Spice · 1412 Douglas Street373m
Shopping (5+)
- London Drugs467m
- Camöflage517m
- Winners · 1150 Douglas Street549m
- The Bay Centre · 1150 Douglas Street612m
- The Bay Centre612m
Parks (5+)
- Pandora Green362m
- Mason Street Park · 1045 Mason Street448m
- Pandora Green478m
- Royal Athletic Park · 1014 Caledonia Avenue523m
- Central Park · 2275 Quadra Street532m
Gyms (5+)
- Tropos Fitness Club · 1601 Blanshard Street102m
- Spinco · 745 Cormorant Street222m
- Peterec's Kombat Centre · 851 Johnson Street249m
- Quantum Yoga and Pilates (Downtown) · 1701 #8 Douglas Street285m
- Anytime Fitness · 815 Yates Street347m
Pharmacies (5+)
- View Street Pharmacy · 867 View Street446m
- Shoppers Drug Mart · 1212 Douglas Street504m
- Cridge Pharmacy604m
- I.D.A. Cridge Family · 641 Fort Street662m
- Rexall683m
Banks & ATMs (5+)
- RBC Royal Bank · 1701 Douglas Street308m
- Localcoin Bitcoin ATM · 1710 Douglas Street356m
- Scotiabank · 702 Yates Street404m
- BMO · 1225 Douglas Street450m
- Vancity · 1280 Douglas Street466m
Healthcare (5+)
- Maycock Eyecare · 1318 Blanshard Street279m
- Victoria Cool-Aid Society Community Health Centre · 713 Johnson Street340m
- Re-coup Health & Performance Chiropractic · 726 Yates Street367m
- Kaizen Health413m
- Downtown Victoria Optometry · 1126 Quadra Street458m
Nearby places data: © OpenStreetMap contributors.
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All in Victoria →Frequently asked questions
What is the asking price for this business?
The asking price is $999,000.
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.