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Investment Highlights

  • Located steps from downtown Victoria’s retail, dining, and cultural amenities.
  • Offers potential for up to 10,125 sq. ft. of buildable gross floor area.
  • Convenient access to transit and major city thoroughfares.
  • Zoned CA-3 permitting retail, office, food/beverage service, and mixed-use development.
  • Features vintage character combined with partial modern updates.
  • Seller open to vendor take-back and share-purchase options.

Executive Summary

Charming non heritage Hostel property for Sale in Prime Downtown Location. This cozy, character-filled hostel boasts 2,835 sq. ft. , combines the charm of a vintage building with modern conveniences, having undergone partial updates. Nestled in the heart of the downtown area, it’s just steps away from popular tourist attractions and all essential amenities, with convenient access to public transit. A fantastic opportunity for anyone looking to own a unique property in a thriving area. Seller is open to a vendor payback arrangement. CA-3 zoning, allows a wide variety of commercial and mixed-use opportunities—retail, office, service, or food/beverage uses. The floor space ratio of a building shall not exceed 3 to 1. Potential up to 10,125 sqft buildable gross floor area. Come make it your DESTINED business! Please do not approach staff and owner regarding sale of business.* Share purchase is also an option. ( All information are from City of Victoria, please verify if important.) (30879056)

Property Facts

Price $1,042,327 USD
Price Per Room $173,721 USD
Sale Type Investment
Property Type Hospitality
Property Subtype Hostel
Building Class C
Lot Size 0.08 AC
Building Size 2,248 SF
No. Rooms 6
No. Stories 2
Year Built 1908
Parking Ratio 1.78/1,000 SF
Corridor Interior

Amenities

  • High Speed Internet Access
  • Patio
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 6 $24.65 USD -
Exceptionally walkable
100/100
Somewhat drivable
30/100
Strong public transit
80/100
Very bikeable
80/100
  • Listing ID: 41076659

  • Date on Market: 6/26/2026

  • Last Updated:

  • Address: 1608 Quadra St, Victoria, BC V8W 2L4

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