Fernwood

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1602-1608 Fort St
Vi Fernwood Victoria V8R 1H9

$1,200,000
Commercial Sale

Main Photo: 1602-1608 Fort St in Victoria: Vi Fernwood Mixed Use for sale : MLS®# 1036671
Photo 1: 1602-1608 Fort St in Victoria: Vi Fernwood Mixed Use for sale : MLS®# 1036671
Photo 2: 1602-1608 Fort St in Victoria: Vi Fernwood Mixed Use for sale : MLS®# 1036671
Photo 3: 1602-1608 Fort St in Victoria: Vi Fernwood Mixed Use for sale : MLS®# 1036671
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1036671
1602 & 1608 Fort Street represent a rare opportunity to acquire two adjacent commercial properties in one of Victoria’s most established and highly trafficked urban corridors. Located on the corner along Fort Street and Oak Bay Avenue, a key arterial connecting Downtown Victoria with the Oak Bay community, the properties offer stable income today with future repositioning and redevelopment upside. The asset is currently improved with two income-producing buildings and benefits from strong frontage, excellent visibility, and a diverse surrounding mix of retail, service, and residential uses. 1602 Fort Street benefits from a sale-leaseback structure to provide immediate income with short-term flexibility along with the established tenancy of Sound Hounds located on 1608 Fort Street.
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building, Land
Lease Type:
Sale Price
Listing General Location:
Vi Fernwood, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
8,279 sq. ft.
Taxes:
$33,328 / 2025
Total Building Area:
8,900 sq. ft.
Commercial Area:
Core (excl Downtown)
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
1845600.0
Assessment year:
2026
Jurisdiction name:
City of Victoria
Legal Description:
LOT 3, SECTION 75, VICTORIA DISTRICT, PLAN 26641 LOT 13, SECTION 75, VICTORIA DISTRICT, PLAN 1042, EXCEPT THE SOUTHERLY PORTION THEREOF REQUIRED FOR WIDENING FORT STREET, DESCRIBED AS FOLLOWS: COMMENCING AT A POINT ON THE EASTERLY BOUNDARY OF SAID LOT 13 A DISTANCE OF 11.25 FEET MEASURED NORTHERLY FROM THE SOUTH EASTERLY CORNER THEREOF; THENCE SOUTHERLY 11.25 FEET TO THE SAID SOUTH EASTERLY CORNER;THENCE WESTERLY ALONG THE SOUTHERLY BOUNDARY 50 FEET TO THE SOUTH WESTERLY CORNER OF SAID LOT; THENCE NORTHERLY ALONG THE WESTERLY BOUNDARY OF SAID LOT 11.83 FEET; THENCE EASTERLY 48.91 FEET MORE OR LESS TO THE POINT OF COMMENCEMENT.
Zoning:
TCD-1
Parking Features:
On Site
Total Units:
2
Date Listed:
May 12, 2026
Original Price:
1200000.0
  • Photo 1: 1602-1608 Fort St in Victoria: Vi Fernwood Mixed Use for sale : MLS®# 1036671
    Photo 1 of 3
  • Photo 2: 1602-1608 Fort St in Victoria: Vi Fernwood Mixed Use for sale : MLS®# 1036671
    Photo 2 of 3
  • Photo 3: 1602-1608 Fort St in Victoria: Vi Fernwood Mixed Use for sale : MLS®# 1036671
    Photo 3 of 3
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Listed by Cushman & Wakefield ULC
Data was last updated July 23, 2026 at 12:05 AM (UTC)
Area Statistics
Listings on market:
123
Avg list price:
$1,075,000
Min list price:
$30,000
Max list price:
$9,200,000
Avg days on market:
99
Min days on market:
1
Max days on market:
515
These statistics are generated based on the current listing's property type and located in Victoria. Average values are derived using median calculations. This data is not produced by the MLS® system.
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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.
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.