154 William Street

Victoria Harbour, ON

S12407325

for sale
$1,799,000

Bedrooms
6
Bathrooms
8

VICTORIA HARBOUR LANDMARK WITH 5 RESIDENTIAL UNITS, A LARGE COMMERCIAL SPACE, & INCREDIBLE INCOME POTENTIAL!

Expansive 10,328 Sq Ft Building With 5 Separate Apartments Plus A 2,885 Sq Ft Café
Prime Income Potential For Investors, Business Owners, Or Those Looking To Operate An Airbnb Or Bed & Breakfast
Includes A Large 4-Bedroom Apartment On The Second Level, Two 1-Bedroom Apartments On The Main Level & Two Bachelor Apartments In The Lower Level
Café Presents A Flexible Open Floor Plan With Rustic Wood Accents, 13 Ft Ceilings & A Warm, Inviting Atmosphere
Spacious Open-Concept 4-Bedroom Unit Showcasing Expansive Living & Dining Areas, A Large Kitchen With Centre Island, & Bright Natural Light Throughout
Flexible C1 Zoning Permits A Wide Range Of Uses Including Retail, Restaurant, Offices, Craft Shop, Hospitality, & More
Steady Local Vehicle Traffic & Seasonal Tourist Activity, Offering Excellent Exposure
Located In Charming Victoria Harbour, Moments From Georgian Bay Waterfront, With Trails, Parks & Local Amenities Close By
Property Taxes (2025): $4902.97
Schools
Tay Shores P.S./St. Antoine Daniel C.S
Georgian Bay District S.S/St. Theresa's Catholic H.S.

In the heart of Victoria Harbour stands a landmark that radiates charm and opportunity. Its striking yellow and white façade, decorative scrollwork, and elegant arched windows create a timeless exterior full of character and curb appeal. Step inside to discover over 10,300 square feet of versatile space, blending established residential living with adaptable commercial use. From the inviting café with soaring ceilings to multiple self-contained living spaces, this property offers a rare chance to live, work, and explore income opportunities all within one landmark building.

 

The main level welcomes you into an absolutely charming cafe space that feels instantly inviting. Nearly 2,900 square feet of open floor plan are accented by rustic wood finishes, soaring 13-foot ceilings, and a warm, welcoming atmosphere that is as suited to a bustling eatery as it is to boutique retail or a creative studio. Two washrooms add convenience, and the overall flow makes it easy to imagine this space filled with customers, laughter, and energy.

 

Moving upstairs, the property transforms into a spacious four-bedroom residence filled with natural light and timeless details. Wide plank wood flooring runs throughout the open-concept design, while antique-inspired finishes and a neutral palette create a sense of both warmth and sophistication. The kitchen is the heart of the home, featuring a massive centre island, wood-toned cabinetry, and stainless steel appliances that open to expansive dining and living areas perfect for entertaining or quiet evenings at home. 

 

The primary bedroom is generously proportioned, while three additional bedrooms are cozy and welcoming, and the layout is complemented by two full bathrooms, including a four-piece and a three-piece, abundant storage, and a versatile unfinished area that provides a blank canvas to finish as desired.

 

Beyond the main residence, the building also includes two one-bedroom apartments on the main floor and two bachelor units in the lower level, each with its own bathroom, offering multiple potential income streams. Whether used for long-term tenants, short-term rentals such as Airbnb, or staff housing for a business venture, these units create flexibility and steady revenue opportunities that make this property as practical as it is charming.

 

With flexible C1 zoning that permits an array of uses, including retail, restaurant, offices, craft shops, and hospitality, the scope for business and investment here is extraordinary. Its location provides steady local traffic throughout the year with an added surge of visitors in the tourist season, and being just moments from Georgian Bay, parks, trails, and marinas, it captures the very best of small-town living with big opportunities.

 

What makes this property truly special is the way it combines character with versatility. The layout and zoning open doors for countless ventures, while the mix of apartments ensures flexibility for both lifestyle and income opportunities. For those looking to create something meaningful in a vibrant waterfront community, 154 William Street offers not just a property but an exciting opportunity to shape its next chapter.

Property Details
Parking Total
14
Property Type
Commercial
Community Features
Downtown
Highway Access
Lake/Pond
Marina
Park
Building
Appliances
Fridge x5
Stove x4
Cooktop
Dishwasher
Microwave
Washer
Dryer
Architectural Style
Multi-5 Unit
Basement Finish
Partial Basement
Partially Finished
Bathrooms
8
Beds Above Grade
6
Bedrooms
6
Building Type
Multi-5 Unit
Cooling
Central Air Conditioning
Bathrooms Half
2
Heating Fuel
Natural Gas
Heating
Forced Air
Roof Material
Flat
Membrane
Sewer
Sewer (Municipal)
Size Exterior
10328 sqft
Stories
2
Water Source
Municipal Water
Building Amenities
In-Suite Laundry
Land
Access Type
Road Access
Acres
0.386 Acres
Zoning
C1
Walk Score
Peggy Hill
Broker
RE/MAX Hallmark Peggy Hill Group Realty Brokerage
Listing ID: 8845618487
Last Updated: 2025-11-17 21:00:28

Not intended to solicit Sellers or Buyers currently under written contract with another REALTOR®. All measurements are approximate deemed to be from reliable sources, however buyer and buyer's agent to do their own due diligence.