1 1587 Joan Ave
Vancouver Island · V0R1R0
$239,900
About this residence
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, 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. All data & measurements are approximate, please verify if important. (id:61366)
Property details
- Property type
- Other
- Style
- Commercial Mix
- Ownership
- Condo/Strata
- Year built
- 1999
- Annual tax
- $4,494
- MLS®
- 1018610
- Board
- Vancouver Island
- Status
- Inactive
- Listed
- Oct 31, 2025
- Updated
- Oct 31, 2025
Features & finishes
Heating
- Baseboard heaters
Lot
- Other
- Marine Oriented
Financing
Estimated monthly payment
$1,122/mo
Loan amount
$191,920
Down payment
$47,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Vancouver Island
Nearby
About the area
Census · V0R- 72,310
- Population
- 51
- Median age
- $77,500
- Median income
- $680,000
- Median home value
- 82%
- Home ownership
- 26 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 1 1587 Joan Ave?
1 1587 Joan Ave is listed for $239,900, in Vancouver Island.
What type of home is 1 1587 Joan Ave?
1 1587 Joan Ave is a Other, Commercial Mix, built in 1999.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $1,122. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $4,494 per year.
What is the Vancouver Island area like?
Vancouver Island has a population of about 72,310, a median age of 51, a 82% home-ownership rate, with an average commute of about 26 minutes.
What is the average home value in Vancouver Island?
The median dwelling value in this area is approximately $680,000, based on census data via Neighbourly.
What is the median household income in Vancouver Island?
The median household income in this area is approximately $77,500.
Private viewings
Arrange a private viewing of 1 1587 Joan Ave.
Our advisors offer discreet, personal guidance from first viewing through to closing. We’d be delighted to assist.