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$999,000

851 Cormorant St, Victoria

851 Cormorant St, Victoria

Downtown · Mixed Use · MLS® 1043041 · Listed Jul 12, 2026

2,400 sqft
Lot
Overview

About This Property

Well-located single-storey commercial building offering approximately 1,000 sq. ft. of flexible space suitable for office, medical, wellness, or service-based uses. High-visibility location with convenient access to Quadra, Pandora, and Blanshard Streets. The property is currently vacant, allowing for immediate occupancy or tenant improvements. In addition to owner-occupier potential, the property is designated for higher density under the Official Community Plan (4.5:1 FSR), providing future redevelopment or land assembly opportunity. Purchasers are advised to verify all redevelopment potential with the City of Victoria.

Property Details

Features & Details

Property TypeMixed Use
Lot Size2,400 sqft (0.04 acres)
HeatingOil
ExteriorBlock, Brick, Insulation All
FoundationSlab
FlooringHardwood, Laminate
Taxes$11,537.12 (2025)
ExtrasReal Estate
MLS® #1043041
BrokerageJonesco Real Estate Inc
Location

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Property Insights

History & Activity

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area sold data

What are homes in Downtown selling for?

Sold prices and dates across Downtown. Board rules keep past sale prices and dates behind a sign-in.

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Sold Comparables

Recently Sold Nearby

Similar properties sold within 6 months

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*** *********, Victoria
* bd · * ba · **** sqft
sold comparables

See what comparable homes near 851 Cormorant St, Victoria actually sold for.

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The local market right now

downtown · single-family
Seller’s market
$1,971,750
Median sold
3
Months of supply
99
Avg days to sell

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

Questions about this property

How much is 851 Cormorant St, Victoria listed for?

It is listed at $999,000.

How big is the lot at 851 Cormorant St, Victoria?

The lot is 2,400 sqft (0.04 acres).

What is the Victoria real estate market like now?

Victoria is currently a seller's market: median sold price $1,971,750, 3 months of inventory, homes typically selling in about 99 days.

How much do houses cost in Downtown?

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.

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VREB · Victoria Real Estate Board

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 12, 2026.