, Colwood
Royal Bay · Business · MLS® 1026870 · Listed Feb 25, 2026
Proven fast-casual franchise opportunity located in one of Victoria's fastest-growing communities. This well-established Canadian Brand originated in Victoria's Chinatown and has since expanded nationwide, offering strong recognition and long-term stability. Approximately 1,300 sq. ft. wiht a high-quality, modern build-out completed at a cost of approximatley$780,000. Opened October 2023, this turnkey operation features an efficient layout and excellent visibility in a prime location. Business is fully staffed wiht trained employees and is currently operating with minimal owner involvement, making it suitable for both owner-operators and hands-off investors. Monthly rent approx. $7,300. Franchise royalty 6% plus 2% marketing. Sales continue to trend upward with expectations to approach or exceed the $1M range in the near term. Flexalbe acquisition structure available, including business asset purchase or share purchase options (subject to due dilligence).
| Property Type | Business |
| Lot Size | 1,538 sqft (0.04 acres) |
| MLS® # | 1026870 |
| Brokerage | WOODHOUSE REALTY |
131 homes sold in Royal Bay in the last 12 months, with prices and dates. Board rules keep past sale prices and dates behind a sign-in.
free account · one email · no obligation · already a member? log in
131 homes sold in Royal Bay in the last 12 months, with prices and dates. Board rules keep past sale prices and dates behind a sign-in.
free account · one email · no obligation · already a member? log in
Similar properties sold within 6 months
131 sales in Royal Bay in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
free account · one email · no obligation · already a member? log in
131 sales in Royal Bay in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
free account · one email · no obligation · already a member? log in
Royal Bay single-family averages, updated daily. See Royal Bay market stats or Colwood market stats.
It is listed at $700,000.
The lot is 1,538 sqft (0.04 acres).
, Colwood was originally listed at $750,000, then reduced to $700,000 (6.7% reduction).
Colwood is currently a seller's market: median sold price $1,301,757, 2.6 months of inventory, homes typically selling in about 48 days.
There are 12 houses for sale in Royal Bay right now. Browse all Royal Bay houses for sale to see current listings, updated daily from the MLS® system.
The median house sold price in Royal Bay is $1,301,757, based on 131 sales over the past 12 months. The median price per square foot is $498. Compare asking prices across the houses currently for sale in Royal Bay.
NOTE: MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Sep 17, 2026.
