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709 Yates St, Victoria | $6,600,000

709 Yates St, Victoria

Downtown · Mixed Use · MLS® 1032080 · Listed Apr 14, 2026

7,480 sqft
Lot
1904
Built
Overview

About This Property

709 Yates Street offers a rare opportunity to acquire a prime mixed-use asset in the heart of Downtown Victoria. Ideally situated along one of the city’s main commercial corridors, the property benefits from exceptional visibility, strong pedestrian and vehicular traffic, and immediate access to major transit routes. Surrounded by a vibrant mix of restaurants, cafés, national retailers, boutique shops, entertainment venues, and high-density office and residential developments, the location supports consistent foot traffic and strong tenant demand. The fully leased building features a stable income profile with longstanding tenants and a diverse mix of uses. Investment highlights include built-in rental escalations across all leases, early renewals secured with key tenants including Haunted Manor Ltd. (to 2031) and Canada Post (to 2032), and significant long-term upside through rental growth and value-add potential.

Property Details

Features & Details

Property TypeMixed Use
Lot Size7,480 sqft (0.17 acres)
Year Built1904
Taxes$83,929.92 (2025)
MLS® #1032080
BrokerageColliers
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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: Jun 29, 2026.