709 Yates Street offers a rare opportunity to acquire a prime mixed-use asset in the heart of Downtown Victoria. Ideally situated along one of the city’s main commercial corridors, the property benefits from exceptional visibility, strong pedestrian and vehicular traffic, and immediate access to major transit routes.
Surrounded by a vibrant mix of restaurants, cafés, national retailers, boutique shops, entertainment venues, and high-density office and residential developments, the location supports consistent foot traffic and strong tenant demand. The fully leased building features a stable income profile with longstanding tenants and a diverse mix of uses.
Investment highlights include built-in rental escalations across all leases, early renewals secured with key tenants including Haunted Manor Ltd. (to 2031) and Canada Post (to 2032), and significant long-term upside through rental growth and value-add potential.
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Listed by Colliers
Data was last updated August 2, 2026 at 12:05 AM (UTC)
Area Statistics
Listings on market:
59
Avg list price:
$500,000
Min list price:
$30,000
Max list price:
$8,500,000
Avg days on market:
95
Min days on market:
3
Max days on market:
525
These statistics are generated based on the current listing's property type
and located in
Vi Downtown. Average values are
derived using median calculations. This data is not produced by
the MLS® system.