For Sale · Office

300-305 388 Harbour Rd, Victoria

300-305 388 Harbour Rd, Victoria, BC V9A3S1

$2.5M total

4,652 SF

Asset Class

Office

Size

4,652 SF

Building class

C

Zoning

CO — Commercial Office

$ / SF

$537

Occupancy

92%

About this property

Exceptional Opportunity – Fully Built-Out LEED Platinum Office Space in Vic West. Seize the chance to own an entire floor of premium office space in the sought-after Vic West neighbourhood. This rare strata opportunity includes five fully built-out units comprising the entire third floor, designed to the highest environmental standards with LEED Platinum certification. Ideally located just steps from the Galloping Goose Trail, Westside Village Shopping Centre, the scenic Songhees Walkway, and all the conveniences of downtown Victoria, this property offers the perfect blend of accessibility, sustainability, and professional appeal. With its turnkey improvements, full-floor ownership, premium location, and LEED Platinum certification, this is a truly distinctive opportunity to secure high-quality office space in Vic West. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.50M
Down payment30% · $750K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$12K

Projected NOI

$159K

Annual cash flow

$21K

Cash-on-cash

2.78%

DSCR

1.15

Going-in cap

6.37%

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)

TenantAreaExpiry
Northbridge Logistics2,867 SF2031-09
Northbridge Logistics940 SF2031-09
Northbridge Logistics400 SF2030-09
Northbridge Logistics400 SF2030-09

Area demographics

Trade area within 3 miles of the property.

Population

143,018

Households

56,907

Median income

$66,500

Median age

37.8

Daytime population

134,679

5-yr growth

1.6%

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

Secure deal room

Confidential diligence documents for 300-305 388 Harbour Rd, 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.