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  5. Hillside

1303 Hillside Avenue, Hillside Victoria

Price

$369,000

BedroomsNot listed

BathroomsNot listed

Size735 sqft

Year Built2023

Property TypeCondo/Townhouse

Property Taxes$6,832.96

Maintenance Fees$365.62/month

Description

Discover an exceptional opportunity to own brand-new commercial space in The Sparrow, Abstract Developments’ mixed-use boutique building at the prominent corner of Hillside Avenue and Cook Street. This 649 sq. ft. strata unit offers outstanding street exposure with three entrances, including two directly from Hillside Avenue, making it ideal for retail, office, studio, or service-oriented businesses. Perfectly positioned in a high-visibility location, the property offers unmatched convenience with easy access to downtown Victoria, major transit routes, and a wide range of nearby amenities including Hillside Mall, Fairway Market, Save-On-Foods Memorial Centre, Cascadia Liquor, 5th Street Bar & Grill, and the shops and cafés of Quadra Village. The zoning—General Residential District 1 (GRD-1) within a Priority Growth Area—provides excellent versatility. Permitted uses include retail trade, food and beverage service, personal service, professional office, assembly, home occupation, heritage-conserving infill, and more, allowing buyers to tailor the space to a wide variety of business models. Inside, the unit offers an unfinished interior ready for customization, approximately 8'5'' ceiling height, secured bicycle storage, and convenient on-site building amenities. Above, 49 fully occupied residential units provide built-in foot traffic and a strong potential customer base. Additional highlights include: • 649 sq. ft. commercial strata unit • 1 dedicated parking stall plus 2 additional stalls during business hours • Excellent frontage and signage opportunities • Bright corner exposure on a major commuter corridor • Ideal for owner-occupiers or investors An outstanding opportunity in one of Victoria’s most connected neighbourhoods. Bring your ideas and make this premium commercial space your own. (id:39198)

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Listed By

The listing brokerage and/or agent is eXp Realty

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Property Dimensions


The Property Location

Mortgage Calculator

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Total Monthly Payment

$2,261 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$295,200

Total Interest Payments

$182,009

Total Payment (Principal + Interest)

$477,209


Discuss Your Options With Us Today

Cashflow Calculator

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Monthly Cash Flow

$300 / month


Monthly Expenses

-$1,700

Monthly Income

$2,000


Your monthly cash flow is positive

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Comber Friesen Group

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Meet Alex & Georgia

Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.

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Engel & Võlkers Vancouver Island

735 Humboldt St, Victoria, BC V8W 1B1

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The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association. Review our MLS® Data Disclosure if you have any further questions