Oak Bay, BC V8R 5C5,2851 Foul Bay Rd
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Oak Bay, BC V8R 5C5,2851 Foul Bay Rd
Oak Bay, BC V8R 5C5,2851 Foul Bay Rd
Oak Bay, BC V8R 5C5,2851 Foul Bay Rd
Oak Bay, BC V8R 5C5,2851 Foul Bay Rd

$2,125,000

Est. payment /mo

$1,840,000

15.5%
Est.Price: ?

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2851 Foul Bay Rd Oak Bay, BC V8R 5C5

6,969 Sqft Lot

SOLD DATE : 10/16/2025

Key Details

Sold Price $2,125,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 1011158

Sold Date 10/16/25

Rental Info Unrestricted

Year Built 1954

Annual Tax Amount $13,130

Tax Year 2024

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 70'w x 100'd

Property Sub-Type Mixed Use

Property Description

Prime Oak Bay frontage offering great redevelopment potential & holding income at a niche location. ~7,000 SF corner lot with 70 feet of frontage facing Foul Bay Avenue. 2-storey mixed use building with ~2,900 SF per floor. Ground level fully vacant, consisting of a single commercial space plus a ~598 SF 1-bd/1-bath apt at the rear. Commercial space could be restored to original three unit configuration. Angled street parking along Foul Bay Ave. Upstairs has 3 apartments (2 are vacant): two 1-bed/1-bath units (one is tenanted), and a ~1,298 SF 2-bed/2-bath suite, all ready for updating and restoration. Seven parking stalls and two garages off rear laneway. C-2 zoning subject to change as Oak Bay OCP & Zoning updates move forward in Q4 2025, expected to increase allowable density & building heights along the Foul Bay transit corridor. Act now to secure your foothold in one of Oak Bay's most promising growth areas. Call agent for more info.

Location

Province BC

County Capital Regional District

Area Ob Henderson

Zoning C2

Exterior

Exterior Feature Balcony

Parking On Site 1

Total Parking Spaces 7

Building

Story 2

Water Municipal

Structure Type Frame Wood

Others

Tax ID 005-588-740

Ownership Freehold

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Listed by William Wright Commercial Real Estate Service - Victoria Branch
Bought with CBRE Limited
Maegan Morton

Maegan Morton

Agent | RERE605572

+1(778) 743-2380

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