William Wright Commercial is pleased to present International House for sale, a rare retail/office investment property in downtown Victoria.

International House benefits from outstanding frontage along Douglas Street, Victoria’s principal arterial route. The building offers excellent visibility and signage exposure in a highly pedestrian-oriented location.

Investment Highlights

• Over $1.48 million invested into capital improvements
• 100% leased retail and 78% leased office
• 7.22% capitalization rate on Current (April 2026) Annualized Income
• Strong roster of AAA tenancies from the government, law, restaurant, financial, education, and technology sectors
• +/- $1,279,000 in total amortization recovery available with over $215,000 occuring in 2026

Institutional-Quality Tenancy

The Property is leased to a diverse mix of government, professional service, financial, and retail tenants, including:

• Province of British Columbia
• National Bank of Canada
• Cora’s Breakfast
• McConnan Bion O’Connor Peterson Law Corporation
• Nicola Wealth
• University of Victoria
• Canadian Institute for Health
• Clarkson Gordon Services
• The Captain’s Boil (Opening Soon)

This tenancy profile provides durable income supported by strong covenant strength.

Proven Asset Stewardship

The building has been exceptionally maintained, with approximately $1.48 million invested in recent capital upgrades, reinforcing tenant retention and long-term asset quality.

Stable Market Fundamentals

Victoria’s office market is underpinned by government occupancy and one of the lowest vacancy rates in the country. The local economy is supported by public administration, technology, clean energy, tourism, and steady population growth.

LOT 1 OF LOTS 349, 350, 351, 363 AND 364, VICTORIA CITY, PLAN 16810

International House is situated within immediate walking distance of Victoria’s most significant civic, commercial, and tourism destinations. The Property sits within the Central Business District and Old Town District, providing tenants with immediate access to retail amenities, transit, and the Inner Harbour waterfront.

As the capital city of British Columbia, Victoria offers a uniquely stable and diversified economic base. A strong government presence anchors the office market, while growth in technology, marine industries, and tourism continues to drive demand for high-quality downtown space. This dynamic reinforces International House’s long-term income stability and strategic positioning.