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Investment Highlights

  • Surrounded by the ocean, parks, and steps from Downtown Victoria, the Inner Harbour, BC Legislature Grounds, local shops, and restuarants.
  • Includes an indoor pool, hot tub, sauna, modern fitness centre, outdoor gathering space, private courtyard, and communal BBQ area.
  • Proven operational performance has allowed the asset to command strong rental growth and maintain exceptionally low vacancy.

Executive Summary

Avison Young and Cushman & Wakefield are proud to present The James at Harbour Towers (the "Property"), a landmark 12-storey concrete rental tower located at 345 Quebec Street in the heart of Victoria's acclaimed James Bay neighbourhood. The structure was originally built in 1973 and underwent a full rebuild program in 2020, converting the existing hotel to a 219-unit apartment community. The Property offers a diverse suite mix of studio, one-bedroom, one-bedroom plus den, two-bedroom, and penthouse residences across 127,865 square feet of flawlessly maintained, institutional quality rentable area. With a demonstrated track record of operational excellence, strong rental growth, and exceptionally low vacancy, The James at Harbour Towers is well positioned to generate outstanding long-term investment performance.

Property Facts

Sale Type Investment
No. Units 219
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class A
Lot Size 0.92 AC
Building Size 140,016 SF
Average Occupancy 100%
No. Stories 13
Year Built/Renovated 2019/2020
Parking Ratio 0.81/1,000 SF
Zoning R3-Q

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • Controlled Access
  • Fitness Center
  • Tenant Controlled HVAC
  • Recycling
  • Smoke Free
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 68 - 313 - 364
1+1 106 - 560 - 645
2+1 6 - 680 - 696
2+2 39 - 860 - 1,235
Exceptionally walkable
90/100
Fairly drivable
50/100
Some public transit
50/100
Very bikeable
80/100
  • Listing ID: 41193635

  • Date on Market: 2026-07-07

  • Last Updated:

  • Address: 345 Quebec St, Victoria, BC V8V 1W4

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