luxury houses with reception room for sale Victoria, Canada

Set on nearly one acre, this exceptional ocean view property offers a rare blend of privacy, refined design, and breathtaking coastal scenery. A welcoming main level entry opens to sweeping southern views of the ocean and Olympic Mountains through the dramatic wall of windows that fills the open-concept living spaces with natural light. Hardwood floors, gas fireplace, and quality finishes create an atmosphere of timeless elegance that is perfect for entertaining. The beautifully appointed kitchen features quartz countertops, custom cabinetry, a generous island, premium stainless steel appliances with gas range. Outdoor living is equally inviting, with a view deck and expansive patio designed to embrace the spectacular setting. The main-level primary suite offers a spa-inspired ensuite and walk-in closet, while the lower level provides flexible living with a two-bedroom plus den in-law suite, plus a separate media room and bedroom/den. Energy-efficient heat pump provides year round comfort.

Prominently situated on lower Yates Street, in Downtown Victoria, just steps from Wharf Street, where some of Victoria's best retail, residential and recreation are to be found along with a selection of the city’s most vibrant entertainment and nightlife.536 Yates was built in the 1850s “ the Daniel Webster building” and restored to award-winning Heritage standard and 538 Yates Street “TB Pearson and Coy” was built in 1910 with full seismic, fire and life safety upgrades.These Premium Victoria heritage properties with brick, arched windows and attractive cornices bolster both properties' curb appeal. The side-by-side, two-story registered heritage buildings offer significant in-place income, flexible lease terms and tremendous upside potential.Coveted location with frontage on lower Yates and steps from Wharf Street in the heart of the entertainment and restaurant district.Lease stability with long-term tenants and flexibility to individualize future lease terms specific to your investment strategy.Small format commercial retail units ensuring maximum income potential.Large format residential units (2-3 bedrooms units) with ensuite storage all with large balconies, perfect for Air BnB or longer-term rentals.Both buildings have been recently revitalized with renovations and seismic upgrades, providing a hands-free property that is easy to manage, and minimal upkeep.