HomeColwoodRoyal Bay
$700,0006.7%
was $750,000 · reduced $50,000

, Colwood

, Colwood

Royal Bay · Business · MLS® 1026870 · Listed Feb 25, 2026

1,538 sqft
Lot
Overview

About This Property

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 Details

Features & Details

Property TypeBusiness
Lot Size1,538 sqft (0.04 acres)
MLS® #1026870
BrokerageWOODHOUSE REALTY
Location

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Neighbourhood

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Property Insights

History & Activity

  • SoldMay 7, 2026MLS® 1035001$1,425,000
  • SoldJun 3, 2026MLS® 1038431$710,000
  • SoldJun 2, 2026MLS® 1038903$1,430,000
  • ListedMay 27, 2026MLS® 1038261$1,238,000
  • ListedJul 27, 2026MLS® 1043556$525,000
  • ListedJul 2, 2026MLS® 1042102$1,299,900
  • ListedJul 24, 2026MLS® 1044199$2,174,888
  • ListedJun 5, 2026MLS® 1039625$1,199,900
Sold Comparables

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The local market right now

royal bay · single-family
$1,285,000
Median Sold
1.8
Months of Supply
44
Avg Days to Sell
Seller'S
Market

Royal Bay single-family averages, updated daily. See Royal Bay market stats or Colwood market stats.

Questions about this property

How much is , Colwood listed for?

It is listed at $700,000.

How big is the lot at , Colwood?

The lot is 1,538 sqft (0.04 acres).

Did the price of , Colwood change?

, Colwood was originally listed at $750,000, then reduced to $700,000 (6.7% reduction).

What is the Colwood real estate market like now?

Colwood is currently a seller's market: median sold price $1,285,000, 1.8 months of inventory, homes typically selling in about 44 days.

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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: Jul 28, 2026.