MLS®: 358220Status: Current

SubClass:

4

List Price:

Orig Price:

Pend Date:

Mth Assmt:

Since it opened its doors nearly 15 yrs ago, Solstice Cafe has played a unique & important role in Victoria. A terrific arts & music venue with a great location. Known for good food & great coffee. During the day the size of the cafe comfortably accommodates any group. Bench seating along the side wall allows tables to be arranged in banquet style for big groups or as cozy 2 seaters. Brick walls, big windows, wooden bars & back patio combine to create a space that is versatile & attractive. Equipped with 2 large bathrooms and a great kitchen. Amazing staff, some on for 10+ yrs. Liquor license allows extended hours and an evening atmosphere. Lease with great potential and an opportunity to take it to the next level.

Listing Summary

Sold Price:DOM:

Business

Remarks

Legal Information

$19,632Taxes:

Lgl NC Use:

Units/Proj:

Const:

Heating: Cooling:

Bldg Feat:

Hot Water:

Ext Feat:

Building Information

City of Victoria Roll: 1061004PID/MHR: Title: Freehold

$1,123,000

Lot 530; Land Dist 57; Freeform EXCEPT THE EASTERLY 35 FEET THEREOF.

2015 Asmt:

013-708-783

$19,6322015 Taxes:

Legal Dsc:

Zone Cls:

Land Information

Units/Bldg:

No

ALR?:

Shape:Frntage:0sqft / 0.00acLot Size:

Prk #:

Services:

SewerWaste:Water:

Lot Feat:

Mgd By:

Shrd Amenities:

City/Munic.

Studios:

Incl Land?

Ext Fin:

Loc Feat:

Addnl Rent:

RE Type:

No

High Traffic Area, Road: Paved, Sidewalk, See Remarks View: City, Landscaped, Serviced

Incl Bldg?: Bldg Type:

SqFt: Pot SqFt: Subdividable?:

Whse Drs: Ceil Hgt:

Storeys/Bldg: Built (est):

Mth Assmt: Yr Assmt:

No Retail

Trans Type: For Sale

Business Information

Bus Type:Incl Bus?: Yes Restaurant/Bar

Solstice CafeBus Name:

Inventory:

Goodwill:

Fxd Equip:

Year Est:

Revenue & Other Information

Tot Units: 1 Beds: 2 Beds: 3 Beds: 4+ Beds:

Gross Inc:

Tot Op Exp:

Net Income:Sale of AssetsExst Ls $/SqFt:

Exst Ls Add$/SqFt:

Exst Ls Term:

Exst Ls Expiry:

Sale/Lease Tp:

Ls Term Offrd:

Inclusions:

Exclusions:

Business

$89,900

$89,900

CA-3C

Not subdividable

Vi Downtown ~ V8W 1N6529 Pandora Ave

Photos and Map

10%Brokerage Fee:

Information given is from sources believed reliable but should not be relied upon without verification. Where shown, all measurements are approximate and school enrollment is subject to confirmation. Buyers must satisfy themselves as to the applicability of GST. Data © VREB. Software © Tarasoft Corporation.

Commercial Client Detail WH & PhotosMonday, November 23, 2015

529 Pandora Ave, Downtown ~ V8W 1N6MLS®: List Price: 358220 $89,900

Information given is from sources believed reliable but should not be relied upon without verification. Where shown, all measurements are approximate and school enrollment is subject to confirmation. Buyers must satisfy themselves as to the applicability of GST. Data © VREB. Software © Tarasoft Corporation.

Commercial Client Detail WH & PhotosMonday, November 23, 2015

Property Information

529 PANDORA AVEAddress: N/A

013-708-783

Folio: 01061004

LOT 530 VICTORIA W PT HERITAGE TX/EX BYLAW SEC 359 (1)(A) LGA 10 YEAR PERIOD EXPIRES 2011 .

Planning

Zoning: CA-3C

Land Use Contract: N/A Councillor Liaison:

DPA 1 (HC)

C THORNTON-JOE AND M LUCAS (250) 361-0219 / (250) 361-0217

Special Restrictions: TAX EXMPTION BYLAW - HERITAGE (CONTACT LAND TITLES OFFICE FOR DOCUMENTATION)

Heritage Status: DESIGNATED COMMERCIAL - NATIONAL HISTORIC SITE

DOWNTOWNNeighbourhood:

Area Planner: MIKE WILSON (250) 361-0384

Current Applications

Sign Zone Planning:

PID:

Legal Information:

Unit:

Development Permit Area:

Refer to map.

City of Victoria

City Hall: 1 Centennial Square Victoria, BC, V8W 1P6 www.victoria.ca

Property Report

Produced by the City of VictoriaVicMap: victoria.ca/map

November 23, 2015

Page 1 of 3

Page 2 of 3

Assessment & Tax Summary Information

Year

Current Applications

Development Applications:

Services

Land Value Tax AmountExemptAmount

ImprovementValue

Total ValueAssessmentType

HAP00038 529 Pandora AvenuePL-HERITAGE ALTERATION PERMIT 6/2/2006 12:00:00 AM

2015 GENERAL $396,000 $19,632$0$199,000$197,000

2015 GENERAL $396,000 $19,632$0$199,000$197,000

2015 SCHOOL $396,000 $19,632$0$199,000$197,000

2015 SCHOOL $396,000 $19,632$0$199,000$197,000

2015 GENERAL $727,000 $19,632$10,000$366,000$361,000

2015 GENERAL $727,000 $19,632$10,000$366,000$361,000

2015 SCHOOL $727,000 $19,632$10,000$366,000$361,000

2015 SCHOOL $727,000 $19,632$10,000$366,000$361,000

2014 GENERAL $385,000 $19,305$0$201,000$184,000

2014 GENERAL $385,000 $19,305$0$201,000$184,000

2014 SCHOOL $385,000 $19,305$0$201,000$184,000

2014 SCHOOL $385,000 $19,305$0$201,000$184,000

2014 GENERAL $723,000 $19,305$10,000$378,000$345,000

2014 GENERAL $723,000 $19,305$10,000$378,000$345,000

2014 SCHOOL $723,000 $19,305$10,000$378,000$345,000

2014 SCHOOL $723,000 $19,305$10,000$378,000$345,000

2013 GENERAL $385,000 $18,859$0$201,000$184,000

2013 GENERAL $385,000 $18,859$0$201,000$184,000

2013 SCHOOL $385,000 $18,859$0$201,000$184,000

2013 SCHOOL $385,000 $18,859$0$201,000$184,000

2013 GENERAL $705,000 $18,859$10,000$368,000$337,000

2013 GENERAL $705,000 $18,859$10,000$368,000$337,000

2013 SCHOOL $705,000 $18,859$10,000$368,000$337,000

2013 SCHOOL $705,000 $18,859$10,000$368,000$337,000

2012 GENERAL $385,000 $18,620$0$201,000$184,000

2012 GENERAL $385,000 $18,620$0$201,000$184,000

2012 SCHOOL $385,000 $18,620$0$201,000$184,000

2012 SCHOOL $385,000 $18,620$0$201,000$184,000

2012 GENERAL $705,000 $18,620$10,000$368,000$337,000

2012 GENERAL $705,000 $18,620$10,000$368,000$337,000

2012 SCHOOL $705,000 $18,620$10,000$368,000$337,000

2012 SCHOOL $705,000 $18,620$10,000$368,000$337,000

2011 GENERAL $407,000 $17$407,000$218,000$189,000

2011 GENERAL $407,000 $17$407,000$218,000$189,000

2011 SCHOOL $407,000 $17$407,000$218,000$189,000

2011 SCHOOL $407,000 $17$407,000$218,000$189,000

2011 GENERAL $666,000 $17$666,000$357,000$309,000

2011 GENERAL $666,000 $17$666,000$357,000$309,000

2011 SCHOOL $666,000 $17$666,000$357,000$309,000

2011 SCHOOL $666,000 $17$666,000$357,000$309,000

Page 3 of 3

Water Service Size (inches): 2

Garbage Collection Zone: N/A

3'R OF L COR OF BLDG OPP 8'L OF DOORWater Meter Reader Notes:

These data are derived from a variety of sources, historic and current. Accuracy, completeness, correctness, and currency are not guaranteed. Distribution of these data is for information purposes and should not be considered authoritative for construction, geotechnical, engineering, navigational, legal or other site-specific uses. Consulting the map service should not be considered a replacement for on-site inspections and appropriate investigations. Please see the full disclaimer for more details, at http://www.victoria.ca/map_disclaimer.

© Capital Regional District

0.0

NAD_1983_UTM_Zone_10N

Kilometres0.0

Notes

Legend

Important: This map is for general information purposes only. The Capital Regional District

(CRD) makes no representations or warranties regarding the accuracy or completeness of this

map or the suitability of the map for any purpose. This map is not for navigation The CRD will

not be liable for any damage, loss or injury resulting from the use of the map or information on

the map and the map may be changed by the CRD at any time.

0.020

1: 750

529 Pandora Ave

Cycling

Trail