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For Sale · Office

112 1105 Pandora Ave, Victoria

112 1105 Pandora Ave, Victoria, BC V8V3P9

$1.3M total

4,023 SF

Asset Class

Office

Size

4,023 SF

Building class

B

Zoning

CO — Commercial Office

$ / SF

$335

Occupancy

95%

About this property

Remax Commercial presents this Court-Ordered Sale, offering the opportunity to acquire a 4,023 SF commercial strata unit in The Wade. Delivered in shell condition, this CA-1 zoned space provides a blank canvas ideal for medical, professional office, or technology users seeking to customize their premises. The unit features two separate entry points, ample power capacity, and efficient layout potential for a variety of configurations. Accessed through a secure gated entry leading to a landscaped courtyard with gardens and fountain, the property offers a quiet, professional environment suited to owner-occupiers. Strategically positioned to serve surrounding residential density while maintaining privacy and security. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.35M
Down payment30% · $405K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$91K

Annual cash flow

$17K

Cash-on-cash

4.10%

DSCR

1.22

Going-in cap

6.77%

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
Meridian Health Group2,129 SF2029-08
Meridian Health Group943 SF2029-08
Meridian Health Group416 SF2029-08
Meridian Health Group400 SF2029-08

Area demographics

Trade area within 3 miles of the property.

Population

62,744

Households

25,181

Median income

$90,000

Median age

45

Daytime population

85,380

5-yr growth

6.3%

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

Secure deal room

Confidential diligence documents for 112 1105 Pandora Ave, 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.