Restaurants for Sale — Gordon Head, Saanich, BC
$349,000
CLS CLS St, Saanich, BC V8N3E3
Property details
Structured details
- Ownership
- Condo/Strata
- Parking
- 20 spaces
Listing Information
- MLS®
- 1036355
- Listed
- May 11, 2026
- Time on market
- 126 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Excellent opportunity to acquire a large-format, fully built-out restaurant in a high-traffic Greater Victoria commercial corridor. The premises offer strong street exposure, prominent signage potential, and access to a large shared parking lot with customer parking, rear staff parking/loading access, and excellent surrounding amenities. The restaurant is licensed for approximately 90 guests under a Food Primary liquor licence and features a flexible dining layout with booth seating, group tables, and standard seating. A major highlight is the rare 20+ foot commercially vented hood system with fire suppression, allowing for a wide range of food concepts and high-volume cooking. The kitchen is well equipped with gas-fired cooking equipment, deep fryers, a Rational oven, walk-in cooler, walk-in freezer, prep areas, dishwashing area, storage, manager’s office, and staff washrooms. Strong opportunity for an operator seeking a turnkey restaurant in a rapidly densifying area. (id:63159)
Financing calculator
Estimate your monthly payment on the $349,000 asking price.
Financing details
- Monthly debt service
- $3,387
- Cash required at close
- $94,800
- 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 (Saanich)
- Population
- 117,735(+3.1% since 2016)
- Population density
- 1,136.5/km²
- Median household income
- $93,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 35.8%
- Postsecondary below bachelor's
- 25.6%
- High school diploma
- 28.2%
- No certificate/diploma
- 10.4%
Population aged 15 and over.
Commute
- Car, truck or van
- 77.2%
- Public transit
- 8.8%
- Walked
- 6.3%
- Bicycle
- 5.1%
- Other
- 2.7%
Commute duration
- Under 15 min
- 32.7%
- 15–29 min
- 50.1%
- 30–44 min
- 12.8%
- 45–59 min
- 2.3%
- 60+ min
- 2.1%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Parks (2)
- Blenkinsop Lake Park509m
- Unnamed563m
Nearby places data: © OpenStreetMap contributors.
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Frequently asked questions
What is the asking price for this restaurant?
The asking price is $349,000.
Where is this business located?
This listing is located in Saanich, 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.