1015 Fort St, Victoria
Downtown · Industrial · MLS® 1043983 · Listed Jul 21, 2026
Turnkey downtown Victoria investment. Fully-leased two-storey mixed-use building with four diversified income streams under triple-net leases — a clean, low-management hold. Total rent $20,100/mo ($241,200/yr). Approx. cap rate 6.5%+. Main floor anchored by Ustaad G, an established Indian restaurant franchise with 12+ locations. Rear unit houses a spa tenanted 7+ years. Upstairs: banquet hall plus a 3-bed, 2-bath apartment occupied by restaurant staff. Repositioned 2025 — restaurant now franchise-tenanted at market rent, apartment added as new income unit. Buyer to verify floorplan and measurements, done by Sdlenselement Victoria.
| Property Type | Industrial |
| Taxes | $39,093.58 (2026) |
| MLS® # | 1043983 |
| Brokerage | Woodhouse Realty |
Similar properties sold within 6 months
Downtown single-family averages, updated daily. See Downtown market stats or Victoria market stats.
It is listed at $3,050,000.
Victoria is currently a seller's market: median sold price $1,971,750, 3 months of inventory, homes typically selling in about 99 days.
MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Aug 3, 2026.
