705-711 Johnson Street spans three floors, with the main floor comprised of two commercial retail units over approximately 6,900 sq. ft., the second and third floors are each 5,168 sq. ft. and have a total of 41 residential units. The total building area is 17,236 sq. ft. The two retail spaces boast 16’ ceilings and prominent Johnson Street frontage. 705 Johnson Street is occupied by Board with Friends, a locally owned and operated boardgame café. 707 Johnson Street is currently vacant and is purpose built for a gym but can accommodate a range of other uses. Each space features its own washrooms, with an additional shower amenity in 707 Johnson Street. The upper levels house 41 single occupancy rooms, known as York Hotel, each level is equipped with half and full washrooms, with a laundry room on the third floor. The residential units are currently rented at below market rates, offering a potential to increase the overall income of the property.
Address
705-711 Johnson St
List Price
$3,975,000
Property Type
Commercial Sale
Type of Dwelling
Mixed Use
Area
Victoria
Sub-Area
Vi Downtown
MLS® Number
969336
Listing Brokerage
CBRE Limited
Postal Code
V8W 1M8
Tax Amount
$36,224.00
Tax Year
2023