Multifamily in British Columbia available for sale
171

Apartment Buildings for Sale in British Columbia

British Columbia Apartment Building for Sale

More details for 741 Admirals Rd, Victoria, BC - Multifamily for Sale

Pacific Villa Apartments - 741 Admirals Rd

Victoria, BC V9A 2N9

  • Multifamily for Sale
  • $3,360,000 CAD
  • 10,725 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

Victoria Multifamily for Sale

Pacific Villa Apartments presents a compelling opportunity to acquire a fully leased 12-suite multifamily asset in the heart of Esquimalt, just minutes from downtown Victoria. With a strong suite mix dominated by large two-bedroom plus den units (67.7%), the property is designed to maximize rental revenue and attract long-term tenants. Four of the twelve suites have been fully renovated, each with approximately $30,000 in upgrades, supporting a proven value-add strategy with over 32% rental upside potential. The building has undergone significant capital improvements, including a newer roof, double-glazed vinyl windows, updated balconies, and a one-year-old gas-fired boiler and hot water tank. These upgrades minimize future capital expenditures and enhance tenant comfort. Radiant hot water heating and 14 surface parking stalls (12 tenant, 2 visitor) further support operational efficiency. Strategically located on Admirals Road between Esquimalt Road and Colville Road, the property benefits from direct transit access and proximity to key amenities such as Red Barn Grocery, Esquimalt Plaza, the Recreation Centre, and the newly developed Esquimalt Town Square. The building is also across from CFB Esquimalt, the township’s largest employer, which anchors the local economy with over 6,000 personnel. Esquimalt’s rental market fundamentals are exceptionally strong, with a 1.5% vacancy rate and rents rising over 6.4% year-over-year. The area offers slightly more affordable rents than Victoria, attracting renters from the capital’s higher-priced market. With a projected population increase and rising household incomes, Pacific Villa Apartments is well-positioned to deliver stable cash flow and long-term growth.

Contact:

CBRE, Limited

Property Subtype:

Apartment

Date on Market:

2024-10-23

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More details for 8888 Osler St, Vancouver, BC - Multifamily for Sale

8888 Osler - 8888 Osler St

Vancouver, BC V6P 6L6

  • Office/Retail for Sale
  • $775,000 - $3,142,950 CAD
  • 620 - 2,733 SF
  • 4 Units Available
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More details for 20769 Fraser Hwy, Langley, BC - Multifamily for Sale

Unity - 20769 Fraser Hwy

Langley, BC V3A 4G4

  • Retail for Sale
  • $1,570,000 - $2,412,000 CAD
  • 1,364 - 2,097 SF
  • 6 Units Available
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More details for 9654 Benchland Dr, Lake Country, BC - Multifamily for Sale

Zara at Lakestone - 9654 Benchland Dr

Lake Country, BC V4V 0A4

  • Retail for Sale
  • $415,000 - $1,845,000 CAD
  • 634 - 2,833 SF
  • 5 Units Available
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More details for 3590 W 39th Ave, Vancouver, BC - Multifamily for Sale

The Fifteen - 3590 W 39th Ave

Vancouver, BC V6N 1W6

  • Retail for Sale
  • $3,090,000 CAD
  • 1,981 SF
  • 1 Unit Available
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More details for 3626 28th St, Vancouver, BC - Multifamily for Sale

Castle Gardens - 3626 28th St

Vancouver, BC V6S 2G4

  • Retail for Sale
  • $5,300,000 CAD
  • 4,155 SF
  • 1 Unit Available
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More details for Legacy Apartment Portfolio – Multifamily for Sale, Victoria, BC

Legacy Apartment Portfolio

  • Multifamily for Sale
  • $45,500,000 CAD
  • 146,910 SF
  • 2 Multifamily Properties
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More details for 2433 Bellevue Ave, West Vancouver, BC - Multifamily for Sale

Bellevue Sunset - 2433 Bellevue Ave

West Vancouver, BC V7V 1E1

  • Office for Sale
  • $819,000 CAD
  • 603 SF
  • 1 Unit Available
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More details for 2181 40th Ave W, Vancouver, BC - Multifamily for Sale

2181 40th Ave W

Vancouver, BC V6M 1W4

  • Multifamily for Sale
  • $4,750,000 CAD
  • 5,925 SF
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More details for 1635 Marine Dr, North Vancouver, BC - Multifamily for Sale

Newly Built Mixed Use Building - 1635 Marine Dr

North Vancouver, BC V7P 1V1

  • Multifamily for Sale
  • $3,820,000 CAD
  • 3,827 SF
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More details for 611 Brookside Rd, Colwood, BC - Multifamily for Sale

Latoria Walk - 611 Brookside Rd

Colwood, BC V9C 0C3

  • Office for Sale
  • $1,250,000 CAD
  • 2,215 SF
  • 1 Unit Available
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More details for 2025 N 10th St, Cranbrook, BC - Multifamily for Sale

2025 N 10th St

Cranbrook, BC V1C 4H5

  • Multifamily for Sale
  • $3,388,000 CAD
  • 269,636 SF
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More details for 189 Davie St, Vancouver, BC - Multifamily for Sale

Aquarius III - 189 Davie St

Vancouver, BC V6Z 2X9

  • Office for Sale
  • $1,298,000 CAD
  • 1,110 SF
  • 1 Unit Available
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More details for 5525 14 Av, Delta, BC - Multifamily for Sale

5525 14 Av

Delta, BC V4M 3X1

  • Multifamily for Sale
  • $11,500,000 CAD
  • 35,000 SF
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More details for 1455 West 71st Ave, Vancouver, BC - Multifamily for Sale

Aspen - 1455 West 71st Ave

Vancouver, BC V6P 3B6

  • Multifamily for Sale
  • $7,680,000 CAD
  • 13,000 SF
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More details for 1712 Lonsdale Ave, North Vancouver, BC - Multifamily for Sale

Lennox by Polygon - 1712 Lonsdale Ave

North Vancouver, BC V7M 2J7

  • Office/Medical for Sale
  • $949,000 - $1,495,000 CAD
  • 660 - 1,000 SF
  • 6 Units Available
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