- Active
1612 Quadra Street
Victoria · Multi-family
- Built
- 1912
Listed by Coldwell Banker Oceanside Real Estate · MLS® 1044837
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Sign inAbout this home
Seize a rare opportunity that comes once in a blue moon to own a coveted corner lot in the vibrant heart of downtown Victoria! Rosedale Manor is a six-unit multi-family building brimming with potential, offering unmatched versatility in a prime location. Zoned CA-3 (Central Area General Commercial District), this property permits a wide range of uses, including residential, office, retail, restaurant, transient accommodations, and many more. Currently zoned for up to 3:1 FSR. Within the OCP core residential urban place designation, this can potentially reach a maximum of 5.5:1 FSR. The City has recently been approved up to $215 million to redevelop a new facility at Crystal pool. This future landmark, along with ongoing city upgrades, is enhancing the area's appeal. Whether you envision a dynamic mixed-use development, a revitalization project, or a high-yield investment, this is your chance to secure a presence in one of Victoria’s most sought-after and evolving neighbourhoods. Don’t let this opportunity pass—act now!
Home facts
- Lot size
- 3,600 sq ft
- Year built
- 1912
- Parking
- 2
- Property type
- Multi-family
- Area
- Downtown
- Listed
- August 2, 2026
- Structure
- Multi-Family
- PID
- 000-106-011
- Common interest
- Freehold
Highlights
- City view
- Pool
Rooms and building
- Water
- Zoning
- Unknown
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $10,427
- Property tax
- $642/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $11,219
Purchase snapshot
- List price
- $2,199,999
- Down payment
- $440,000 (20%)
- Estimated mortgage
- $1,759,999
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $12,443
- At 5.6559 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $1,180 a month
- Gross yield
- 0.6%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Victoria
Ten year average, 2016–2025.
- Average temperature
- 10.5°C
- Daily mean across the year.
- Yearly precipitation
- 863 mm
- On the drier side for BC.
- Yearly snowfall
- 39 cm
- Snow is the exception here.
- Bright sunshine
- 2,109 h
- Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
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