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The James at Harbour Towers 345 Quebec St 219 Unit Apartment Building For Sale Victoria, BC V8V 1W4



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 | Lot Size | 0.92 AC |
| No. Units | 219 | Building Size | 140,016 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 13 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 2019/2020 |
| Building Class | A | Parking Ratio | 0.81/1,000 SF |
| Zoning | R3-Q | ||
| 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 |
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Exceptionally walkable
90/100
Fairly drivable
50/100
Some public transit
50/100
Very bikeable
80/100
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The James at Harbour Towers | 345 Quebec St
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