Property Type: OtherOwnership: Freehold

1612 Quadra St

Victoria, BC V8W2L4

$2,199,999

2 parkingBuilt 1912
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Property Details

Property & Lot

Sub-type
Multi-Family
Lot size
3,600 square feet
Zoning
Unknown

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$9,610.98

Interior

Fireplace
None

Exterior & Lot

View
City view

Parking

Total spaces
2

Listing Information

MLS®
1044837
Listed
August 2, 2026
Time on market
On the market for 29 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Oceanside Real Estate · Data source: CREA DDF.

Description

Seize a rare opportunity that comes once in a blue moon to own a coveted corner lot in the vibrant heart of downtown Victoria! Rosedale Manor is a six-unit multi-family building brimming with potential, offering unmatched versatility in a prime location. Zoned CA-3 (Central Area General Commercial District), this property permits a wide range of uses, including residential, office, retail, restaurant, transient accommodations, and many more. Currently zoned for up to 3:1 FSR. Within the OCP core residential urban place designation, this can potentially reach a maximum of 5.5:1 FSR. The City has recently been approved up to $215 million to redevelop a new facility at Crystal pool. This future landmark, along with ongoing city upgrades, is enhancing the area's appeal. Whether you envision a dynamic mixed-use development, a revitalization project, or a high-yield investment, this is your chance to secure a presence in one of Victoria’s most sought-after and evolving neighbourhoods. Don’t let this opportunity pass—act now! (id:63159)

Location Insights

Weather

Mainly Clear

16°C

Mainly Clear

Humidity 73%

Wind S 6 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

91,867

(2021 Census)

+7.1% since 2016

Density: 4,723.2/km²

Dwellings: 53,070

Median household income: $67,500

After-tax: $60,000

Immigrant population: 20%

Top countries of origin (% of total population)

  • United Kingdom3.8% · 3,505
  • United States of America2.1% · 1,945
  • Philippines2% · 1,845
  • China1.2% · 1,110
  • India0.7% · 650
  • Germany0.6% · 590
  • Korea, South0.4% · 400
  • Netherlands0.3% · 315

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

70

8/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Christ Church Cathedral School(Independent)Elementary/Middle712 m
George Jay ElementaryElementary812 m
Pacific School of Innovation and Inquiry(Independent)Secondary825 m
Victoria HighElementary901 m
Central Middle SchoolElementary993 m
South Park Family SchoolElementary1.3 km
VI School of Innovation and Inquiry(Independent)Elementary/Middle1.4 km
Oak and Orca Bioregional School(Independent)K-121.6 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (5+)

  • Cook & Dan Polish Delicatessen & Cafe · 1527 Amelia Street116 m
  • Chicken World · 924 Pandora Avenue139 m
  • Mantu · 1420 Quadra Street152 m
  • Curry Shashwat · 1609 Blanshard Street201 m
  • Quesadas Burritos & Tacos · 1545 Vancouver Street247 m

Cafes (5+)

  • The Loft & Ladder245 m
  • Tim Hortons · 1410 Blanshard Street248 m
  • Macchiato Caffe · 780 Johnson Street269 m
  • Habit Coffee · 808 Yates Street316 m
  • Deer & Dough Bakery Cafe · 770 Fisgard Street346 m

Grocery (5+)

  • Daily Fresh · 1627 Quadra Street60 m
  • Save-On-Foods · 1010 Pandora Avenue282 m
  • Market on Yates · 903 Yates Street347 m
  • No Frills · 770 Fisgard Street395 m
  • Mexican House of Spice · 1412 Douglas Street440 m

Parks (5+)

  • Pandora Green275 m
  • Mason Street Park · 1045 Mason Street363 m
  • Royal Athletic Park · 1014 Caledonia Avenue479 m
  • Central Park · 2275 Quadra Street532 m
  • Pandora Green556 m

Shopping (5+)

  • London Drugs406 m
  • Winners · 1150 Douglas Street588 m
  • Camöflage590 m
  • The Bay Centre · 1150 Douglas Street656 m
  • The Bay Centre656 m

Gyms (5+)

  • Tropos Fitness Club · 1601 Blanshard Street187 m
  • Peterec's Kombat Centre · 851 Johnson Street215 m
  • Spinco · 745 Cormorant Street299 m
  • Forge Gym303 m
  • Anytime Fitness · 815 Yates Street342 m

Pharmacies (5+)

  • View Street Pharmacy · 867 View Street418 m
  • Cridge Pharmacy518 m
  • Shoppers Drug Mart · 1212 Douglas Street547 m
  • Rexall598 m
  • Victoria Compounding Pharmacy · 1089 Fort Street662 m

Banks & ATMs (5+)

  • RBC Royal Bank · 1701 Douglas Street395 m
  • Localcoin Bitcoin ATM · 1710 Douglas Street443 m
  • Scotiabank · 702 Yates Street453 m
  • BMO · 1225 Douglas Street491 m
  • Vancity · 1280 Douglas Street514 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($440,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,759,999.00
Periodic payment — Principal & Interest (monthly)$11,354.92
Additional monthly expenses (strata, tax, utilities, etc.)$800.92
Total monthly cost$12,155.83
Interest paid over 5-yr term$504,420.77
Balance at end of term$1,583,124.79

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$440,000
Stress test qualifying rate8.09%
Payment you must qualify for$13,533.78

Cash Needed at Closing

Minimum down payment$440,000
Estimated BC PTT$44,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$485,500

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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