Property Description
Turtle Hostel is a long-established budget accommodation business in downtown Victoria, offered as a combined sale with the real estate property. This charming, character-filled hostel features 10 versatile units, including dorms and single, double, and triple rooms, catering to steady year-round demand from international travelers, students, and domestic tourists. Positioned in a high-traffic tourism market, just steps from Victoria’s top attractions, amenities, and public transit, it consistently achieves stable occupancy while maintaining low operating costs. With its proven history, prime location, and unique character, Turtle Hostel offers investors both cash flow and strong growth potential in the city’s undersupplied budget accommodation sector. Come make it your destined business! Please do not approach staff or owner regarding sale of business. (MUST BE PURCHASED with the real estate)
Property Details
MLS #:
1011323
ID #:
29711100
Type:
Commercial Sale
Sub-Type:
Business
Area:
Victoria
Sub-Area:
Vi Downtown
Status:
Active
Days on Market:
64 days
Listing provided by Pemberton Holmes Ltd.
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CMHC Insurance Required: Down payments less than 20% require mortgage default insurance.
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