3185 Quadra St

3185 Quadra St · Victoria, Downtown · Commercial Mix · $2,340,000 · MLS 1028468

Victoria, British Columbia · Neighbourhood: Downtown
C$2,340,000
For sale
3185 Quadra St

3185 Quadra St is located in Victoria (Downtown). Property snapshot: Commercial Mix, listed at $2,340,000, MLS 1028468. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 81. Latest recorded list price 2340000.00.

List Price: $2,340,000
MLS: 1028468
Days on Site: 81
Price History: Latest recorded list price 2340000.00

Local Decision Guide

How should buyers evaluate 3185 Quadra St?

Start by reading this listing in its Victoria Downtown context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 3185 Quadra St?

This page shows a list price of $2,340,000 with MLS 1028468.

What type of home is this Victoria, Downtown listing?

The page shows Commercial Mix at 3185 Quadra St. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 81 days on market/site. Latest recorded list price 2340000.00.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

This fully leased, mixed-use property near Downtown Victoria delivers immediate income and long-term upside. Located at the high-traffic intersection of Quadra and Tolmie, the building features a 2,590 sq ft ground-floor commercial space leased to Arctic Spas, showcasing a dynamic showroom. The upper floors include one 1-bedroom and two 2-bedroom residential units, plus a top-floor 2-bedroom + den penthouse with a rooftop patio and city views. Major upgrades were completed in 2019, with additional updates to residential units recently. This is a rare opportunity to secure a high-exposure, fully tenanted asset in a sought-after market. Updated appraisal and full financials available for qualified buyers upon signing a confidentiality agreement. Opportunities like this are rare—contact the listing agent today! Please respect tenant privacy—do not disturb. (id:56153)

Property Details

Commercial Mix
Building Type
-
Bedrooms
-
Bathrooms

Transaction: For sale

Status: active

Listing ID: 29454004 (1028468)

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Site Context

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Property Summary

Price: C$2,340,000

PID: 002-701-987

Days on Site: 81 days

Added to Relistico: 2026-03-28

Updated on: 2026-05-12 05:01 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
H Mart
About 515.6 m away
Thrifty Foods
About 709.7 m away
3475 Quadra Street
Shopping Centres
Rogers
About 555.9 m away
861 Cloverdale Avenue
Island Home Centre
About 596 m away

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Tue, 12 May 2026 04:42:54 PM PDT

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