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A TROPHY INVESTMENT PROPERTY (BMO) (Victoria)
Douglas Street, Victoria, BC V8W2E6
Douglas Street near Yates Street
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Built on one of Victoria’s prominent corners, featuring a wide variety of national, regional and local retailers.
Single-tenant financial institution secured by The Bank of Montreal (BMO) on a carefree, fully net, lease with term
remaining until 2027, plus options.
Excellent street-front exposure with ~120 feet of frontage along Douglas Street (Trans-Canada Highway) and ~90
feet of frontage along Yates Street.
Strong corporate covenant: The Bank of Montreal is Canada’s fourth-largest bank by total assets. The property benefits from the daily influx of the working population driven by its proximity to financial
institutions, government agencies and other private businesses located in the area.
Downtown Victoria continues to experience significant residential developments in the form of medium and high-
rise buildings, contributing to strong population growth and providing a more dense market catchment for
retailers in the area. A two-storey Beaux-Arts building built in 1907 and is listed on the Canadian Register of Historic Places.
A walk score of 95 with excellent access to numerous amenities, making it an ideal location for walking.