Victoria Real Estate
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1 1587 Joan Ave

$149,900

Crofton

Condo— · — · —Built 199977 days on market

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About this home

Seller Motivated. Approx 60%-65% of space is now Vacant, and only tenanted on one side. Crofton is an active community situated on the calm waters of Osborne bay in the Cowichan valley and centrally located to both Victoria and Nanaimo with ferry access to Salt Spring Island. This C2 zoned, affordable commercial opportunity is nicely positioned among a variety of businesses & services and offers a broad spectrum of potential uses. Spread over 2,839 square feet, unit 1 is currently divided into 3 spaces and makes up the entire ground floor of this 3 - story building. Most recently unit 1b was operated as a cafe(Vacant), while 1a has enjoyed a long -term tenant, Quaint Essentials — a revived furniture and home deco store. Additional revenue is also generated from the 4 independent storage units located at the rear of the building. This affordable opportunity is ripe for your ideas and is in a prime location, serving as an incredible base for all your South Island activities. (id:65179)

Property details

From the listing's public record.

Year built

1999

Taxes

$4,494/yr

Strata / HOA

$1,575/month

Zoning

Unknown

Heating

Baseboard heaters

Lot

Marine Oriented

Price history

1 record

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Apr 13, 2026

    Listed $149,900

    Active77 days on marketMLS 1031846

How this listing compares

Based on 106 sales in Duncan

Median sold

$315,000

Avg days on market

64 days

Avg sale-to-list

96.2%

Avg $/sqft

$368

Current market in Duncan

Active (same type)

102

Pending

11

All active listings

609

Months of supply

11.5

Buyer's market11.5 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$231,700

Land

$167,000

Improvements

$64,700

Homes in Duncan sell at 99.6% of assessed value on average.

Based on 103 recent sales.

Local price trend

How Crofton has moved over the last decade.

5384116Jul 2016Feb 2021Apr 2026

Local price index (normalized) · 107 months

Recent nearby sales

12 sales
  • 7-8150 Arthur St

    $365,000

    2 bd · 1 ba · 916 sqft · $398/sqft · 54 days on market

    Sold Jun 18, 2026 · 91.3% of list

  • 209-2524 Lewis St

    $246,000

    2 bd · 1 ba · 749 sqft · $328/sqft · 32 days on market

    Sold Jun 17, 2026 · 95.4% of list

  • 4-3271 Cowichan Lake Rd

    $260,000

    2 bd · 1 ba · 698 sqft · $372/sqft · 23 days on market

    Sold Jun 16, 2026 · 94.5% of list

  • 404-177 Kenneth St

    $420,000

    1 bd · 2 ba · 1,024 sqft · $410/sqft · 56 days on market

    Sold Jun 11, 2026 · 95.7% of list

  • 43-100 Gifford Rd

    $475,000

    2 bd · 2 ba · 1,297 sqft · $366/sqft · 33 days on market

    Sold Jun 11, 2026 · 95.8% of list

  • 407-9942 Daniel St

    $225,000

    1 bd · 1 ba · 670 sqft · $336/sqft · 197 days on market

    Sold Jun 5, 2026 · 90% of list

  • 404-9958 Daniel St

    $500,000

    2 bd · 2 ba · 1,250 sqft · $400/sqft · 51 days on market

    Sold Jun 5, 2026 · 97.1% of list

  • 207-1670 Botwood Lane

    $679,900

    2 bd · 2 ba · 1,270 sqft · $535/sqft · 113 days on market

    Sold Jun 2, 2026 · 100% of list

  • 506-15 Canada Ave

    $470,000

    2 bd · 2 ba · 1,277 sqft · $368/sqft · 82 days on market

    Sold Jun 2, 2026 · 95.1% of list

  • 306-650 Dobson Rd

    $425,000

    2 bd · 2 ba · 1,084 sqft · $392/sqft · 71 days on market

    Sold May 29, 2026 · 95.5% of list

  • 2-1587 Joan Ave

    $190,000

    2 bd · 1 ba · 862 sqft · $220/sqft · 77 days on market

    Sold May 28, 2026 · 95.5% of list

  • 226-3215 Cowichan Lake Rd

    $304,000

    2 bd · 2 ba · 839 sqft · $362/sqft · 33 days on market

    Sold May 28, 2026 · 95% of list

More on this listing

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