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Main Photo: 1871 Oak Bay Ave in Victoria: Vi Jubilee Business for sale : MLS®# 1028775
Photo 1: 1871 Oak Bay Ave in Victoria: Vi Jubilee Business for sale : MLS®# 1028775
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1028775
Well-established 50-seat restaurant with full liquor license, bar area, and private enclosed garden patio. Currently serving Chinese cuisine but easily adaptable to many other food concepts. This popular restaurant enjoys a loyal clientele from Oak Bay, Fairfield, and surrounding neighborhoods. Excellent high-visibility location on the south side of Oak Bay Avenue near Bank Street, just minutes from downtown Victoria and surrounded by professional and medical offices. Affordable rent and favorable lease terms make this a great turnkey opportunity for an owner-operator or chef. Perfect opportunity to continue the current concept or introduce your own menu and vision in a prime location. Strong potential for continued growth in this vibrant neighborhood. Don’t miss this opportunity.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Business
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Vi Jubilee, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0 sq. ft.
Taxes:
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Victoria
Legal Description:
Units in Building:
Units in Community:
Business Type:
Restaurant/Bar
Total Units:
Date Listed:
Mar 12, 2026
Original Price:
158000.0
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Listed by Pemberton Holmes Ltd.
Data was last updated April 12, 2026 at 02:05 PM (UTC)
Area Statistics
Listings on market:
107
Avg list price:
$1,295,000
Min list price:
$45,000
Max list price:
$23,500,000
Avg days on market:
83
Min days on market:
2
Max days on market:
414
These statistics are generated based on the current listing's property type and located in Victoria. Average values are derived using median calculations. This data is not produced by the MLS® system.

Best family neighborhoods in victoria, bc

If you're a family looking to settle down in Victoria, BC, then you'll want to find a neighborhood that caters to your needs. Luckily, Victoria has plenty of family-friendly neighborhoods that offer safe streets, great schools, and plenty of amenities. In this article, we'll explore some of the best family neighborhoods in Victoria, BC.

One of the best family neighborhoods in Victoria, BC is Gordon Head. Located in the northeast corner of Victoria, Gordon Head is known for its great schools, beautiful parks, and quiet streets. The area is home to some of the best schools in Victoria, including Torquay Elementary School, Hillcrest Elementary School, and Gordon Head Middle School. Families in Gordon Head can enjoy a variety of outdoor activities, such as hiking, cycling, and swimming, thanks to the nearby Mount Douglas Park and the beautiful beaches of Cadboro Bay.

Another great family-friendly neighborhood in Victoria, BC is Broadmead. This neighborhood is located just east of the city center and is known for its beautiful homes, well-maintained streets, and excellent schools. Families in Broadmead can take advantage of the nearby Commonwealth Pool and Recreation Center, which offers swimming, skating, and other activities for children of all ages.

If you're looking for a more affordable family neighborhood in Victoria, BC, consider Langford. Located just west of downtown Victoria, Langford is a growing community that's home to some of the best schools in the area, including Belmont Secondary School and Millstream Elementary School. Families in Langford can also enjoy a variety of outdoor activities, such as hiking and cycling, thanks to the nearby Galloping Goose Trail and Goldstream Provincial Park.

Other great family-friendly neighborhoods in Victoria, BC include Oak Bay, Fairfield, and Cadboro Bay. Oak Bay is a quiet, upscale community that's home to some of the best schools in Victoria, including Oak Bay High School and Willows Elementary School. Fairfield is known for its beautiful heritage homes and is home to Fairfield Community Center, which offers a variety of programs and activities for families. Cadboro Bay is located on the eastern side of Victoria and is home to some of the best beaches in the area, including Gyro Beach and Cadboro-Gyro Park.

No matter what your family's needs are, there's a neighborhood in Victoria, BC that's perfect for you. With great schools, safe streets, and plenty of amenities, Victoria is the perfect place for families to call home. So why not start exploring today and find the best family neighborhood in Victoria, BC for you?

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.