851 Cormorant St, Victoria
Downtown · Mixed Use · MLS® 1043041 · Listed Jul 12, 2026
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 Type | Mixed Use |
| Lot Size | 2,400 sqft (0.04 acres) |
| Heating | Oil |
| Exterior | Block, Brick, Insulation All |
| Foundation | Slab |
| Flooring | Hardwood, Laminate |
| Taxes | $11,537.12 (2025) |
| Extras | Real Estate |
| MLS® # | 1043041 |
| Brokerage | Jonesco Real Estate Inc |
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Similar properties sold within 6 months

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Downtown single-family averages, updated daily. See Downtown market stats or Victoria market stats.
It is listed at $999,000.
The lot is 2,400 sqft (0.04 acres).
Victoria is currently a seller's market: median sold price $1,971,750, 3 months of inventory, homes typically selling in about 99 days.
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.
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.