105 – 989 Johnson St, Victoria
Downtown · Retail · MLS® 1023960 · Listed Jan 20, 2026
HIGH PROFILE FULLY LEASED RETAIL INVESTMENT STRATA FOR SALE Prominently located in downtown Victoria on the corner of Johnson and Vancouver Streets, the commercial strata lot is 5,332 square feet in size and leased to a well-established tenant (Forge Fitness) entering their sixth year in business in this location. The space benefits from its high-profile corner location, high ceilings, floor to ceiling windows, beautiful patio area, with excellent street frontage and signage opportunity. There are many new developments in various stages of construction and planning underway within the neighbourhood, offering a dynamic mix of office, retail and residential growth. The City has targeted this area for expansion, promoting higher density population. The subject property’s proximity to the City Centre, access to transit, and its urban streetscape make it a desirable place to live, work and invest. Priced well below assessed value. 6 underground LCP parking stalls included in the sale.
| Property Type | Retail |
| Parking | 6 spaces |
| Year Built | 2019 |
| Taxes | $53,461 (2025) |
| MLS® # | 1023960 |
| Brokerage | AY Victoria Realty Ltd. |
Similar properties sold within 6 months
Downtown single-family averages, updated daily. See Downtown market stats or Victoria market stats.
105 – 989 Johnson St, Victoria sold on March 12, 2026, after 51 days on the market.
It sold for $2,115,000 (listed at $2,400,000). Source: BC Assessment (registered sale).
It was on the market for 51 days, from January 20, 2026 to March 12, 2026.
A Retail in Downtown, Victoria with built in 2019.
It has 6 parking spaces.
105 – 989 Johnson St, Victoria sold for $2,115,000, 26.4% below its BC-assessed value of $2,874,000 (assessed July 1, 2025) — a sale-to-assessment ratio of 74%. Source: BC Assessment.
Victoria is currently a seller's market: median sold price $1,971,750, 0 months of inventory, homes typically selling in about 99 days.
The median house sold price in Downtown is $1,971,750, based on 2 sales over the past 12 months. The median price per square foot is $559. Compare asking prices across the houses currently for sale in Downtown.
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 12, 2026.
