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$158,000

1871 Oak Bay Ave, Victoria

1871 Oak Bay Ave, Victoria

Jubilee · Business · MLS® 1028775 · Listed Mar 12, 2026

Overview

About This Property

Well-established 50-seat restaurant with full liquor license, bar area, and private enclosed garden patio. Currently serving Chinese cuisine but easily adaptable to many other food concepts. This popular restaurant enjoys a loyal clientele from Oak Bay, Fairfield, and surrounding neighborhoods. Excellent high-visibility location on the south side of Oak Bay Avenue near Bank Street, just minutes from downtown Victoria and surrounded by professional and medical offices. Affordable rent and favorable lease terms make this a great turnkey opportunity for an owner-operator or chef. Perfect opportunity to continue the current concept or introduce your own menu and vision in a prime location. Strong potential for continued growth in this vibrant neighborhood. Don’t miss this opportunity.

Property Details

Features & Details

Property TypeBusiness
Taxes$1 (2026)
MLS® #1028775
BrokeragePemberton Holmes Ltd.
Location

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The local market right now

jubilee · single-family
Balanced market
$1,135,000
Median sold
4
Months of supply
36
Avg days to sell

Jubilee single-family averages, updated daily. See Jubilee market stats or Victoria market stats.

Questions about this property

How much is 1871 Oak Bay Ave, Victoria listed for?

It is listed at $158,000.

What is the Victoria real estate market like now?

Victoria is currently a balanced market: median sold price $1,135,000, 4 months of inventory, homes typically selling in about 36 days.

What other houses are for sale in Jubilee?

There are 8 houses for sale in Jubilee right now. Browse all Jubilee houses for sale to see current listings, updated daily from the MLS® system.

How much do houses cost in Jubilee?

The median house sold price in Jubilee is $1,135,000, based on 30 sales over the past 12 months. The median price per square foot is $702. Compare asking prices across the houses currently for sale in Jubilee.

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VREB · Victoria Real Estate Board

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 18, 2026.