MLS® 1046377

Restaurants for Sale — Central Park, Victoria, BC

$199,999

853 Caledonia Ave, Victoria, BC V8T1E6

97
Walk Score
92
Transit
98
Bike
Walk Score® by Redfin
RestaurantsFor Sale
Restaurant
Type
1 square feet
Lot size
97
Walk Score
92
Transit
98
Bike
Walk Score® by Redfin

Property details

Structured details

Ownership
Leasehold
Lot dimensions
1
Parking
6 spaces

Listing Information

MLS®
1046377
Listed
August 10, 2026
Time on market
35 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

Well established Chinese restaurant ideally located downtown, just steps from the church, Save-On-Foods Arena. Offers 60+ indoor seats, a full commercial kitchen, and convenient rear parking. Come make it your DESTINED business.Please do not approach staff or owners regarding the sale of the business. * (id:63159)

Financing calculator

Estimate your monthly payment on the $199,999 asking price.

Financing details
Monthly debt service
$1,941
Cash required at close
$65,000
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

English81%
French1.9%
Tagalog (Pilipino, Filipino)1.3%
Spanish1.2%
Mandarin1.2%
Yue (Cantonese)1.1%
German1%
Arabic0.6%
Korean0.6%
Japanese0.5%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • MoMo Sushi · 1921 Quadra Street111m
  • Curry Shashwat · 1609 Blanshard Street246m
  • Cook & Dan Polish Delicatessen & Cafe · 1527 Amelia Street270m
  • Golden City · 721 Fisgard Street335m
  • Bangkok Modern Thai Cuisine352m

Cafes (5+)

  • North Perk Cafe266m
  • Deer & Dough Bakery Cafe · 770 Fisgard Street323m
  • Castello Coffee · 1802 Douglas Street390m
  • Tim Hortons · 1410 Blanshard Street424m
  • WAIRUA · 1040 North Park Street426m

Grocery (5+)

  • Daily Fresh · 1627 Quadra Street212m
  • No Frills · 770 Fisgard Street322m
  • Zero Waste Emporium · 1728 Douglas Street395m
  • Save-On-Foods · 1010 Pandora Avenue458m
  • Mexican House of Spice · 1412 Douglas Street533m

Shopping (3)

  • Camöflage649m
  • London Drugs655m
  • Winners · 1150 Douglas Street748m

Parks (5+)

  • Central Park · 2275 Quadra Street319m
  • Royal Athletic Park · 1014 Caledonia Avenue393m
  • Pandora Green475m
  • Mason Street Park · 1045 Mason Street493m
  • Pandora Green591m

Gyms (5+)

  • Tropos Fitness Club · 1601 Blanshard Street258m
  • Quantum Yoga and Pilates (Downtown) · 1701 #8 Douglas Street309m
  • Spinco · 745 Cormorant Street372m
  • CrossFit Zone · 708 Pembroke Street409m
  • Peterec's Kombat Centre · 851 Johnson Street463m

Pharmacies (4)

  • View Street Pharmacy · 867 View Street665m
  • Cridge Pharmacy698m
  • Shoppers Drug Mart · 1212 Douglas Street700m
  • Rexall792m

Banks & ATMs (5+)

  • RBC Royal Bank · 1701 Douglas Street371m
  • Localcoin Bitcoin ATM · 1710 Douglas Street406m
  • Scotiabank · 702 Yates Street595m
  • BMO · 1225 Douglas Street649m
  • Vancity · 1280 Douglas Street657m

Healthcare (5+)

  • Maycock Eyecare · 1318 Blanshard Street496m
  • Victoria Cool-Aid Society Community Health Centre · 713 Johnson Street529m
  • Re-coup Health & Performance Chiropractic · 726 Yates Street573m
  • Victoria Chinatown Care Centre · 555 Herald Street605m
  • Kaizen Health634m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Frequently asked questions

What is the asking price for this restaurant?

The asking price is $199,999.

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.