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For Lease · Specialty

660 Johnson St, Victoria

660 Johnson St, Victoria, BC V8W2B7

$22 per sq ft / yr

3,607 SF

Asset Class

Specialty

Size

3,607 SF

Building class

Zoning

US — Urban Services

$ / SF

Occupancy

94%

About this property

Rare opportunity to lease a beautifully renovated second-floor space in the heart of Old Town Victoria. Offering 3,600+ sq.ft. with soaring ceilings, wood flooring, HVAC throughout, luxurious washrooms, and direct exterior access to the upper level, this high-exposure corner property blends heritage character with modern upgrades. Extensive renovations include an updated kitchen featuring Viking appliances and quartz countertops. The open-concept layout provides excellent flexibility for a wide range of uses including office space, yoga or fitness studio, wellness business, café, bar, showroom, and more. Heritage registered with flexible zoning. Steps from restaurants, cafés, shopping, and downtown amenities. Bring your ideas to this exceptional space. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate

Purchase price$22

Down payment30% · $7

Interest rate6.25%

Amortization25 years

Occupancy94%

Expense growth2.5%

Monthly debt service

Projected NOI

Annual cash flow

$-0

Cash-on-cash

-4.23%

DSCR

0.77

Going-in cap

4.27%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

Tenant	Suite	Area	Rent / SF	Expiry
Prairie Coffee Roasters	350	2,265 SF	$18.74	2030-07
Prairie Coffee Roasters	350	747 SF	$18.62	2030-07
Prairie Coffee Roasters	350	400 SF	$18.98	2030-07
Prairie Coffee Roasters	350	400 SF	$18.86	2030-07

Area demographics

Trade area within 3 miles of the property.

Population

52,441

Households

18,818

Median income

$78,000

Median age

39.6

Daytime population

65,753

5-yr growth

4.5%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 660 Johnson St, Victoria.

NDA required

Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.