1522-1532 Pandora Ave Victoria, BC V8R 1A8

1522-1532 Pandora Avenue is approximately 0.22 acres and is currently zoned C1-N – Neighbourhood Shopping District. The Property is located in Victoria, British Columbia, on the north side of Pandora Avenue at the junction of Oak Bay Avenue and Fort Street. The property has been improved with 17 multi-residential units and four (4) ground-floor commercial units. The Property is being offered on an “as-is, where-is” basis. The unique offering presents
a rare chance to re-invigorate one of Victoria's most recognizable intersections, presenting considerable growth potential – with a 73% rental upside on the residential suites after stabilizing the 5 vacant units at market rates. *13,000 SF of building area is an estimation as the Vendor does not possess or control floor plans. 1602-1608 Fort Street is also available under a separate offering. Combined, these properties would represent an exceptional redevelopment opportunity with holding income.