Multifamily in British Columbia available for sale
183

Apartment Buildings for Sale in British Columbia

British Columbia Apartment Building for Sale

More details for 3626 28th St, Vancouver, BC - Multifamily for Sale

Castle Gardens - 3626 28th St

Vancouver, BC V6S 2G4

  • Retail for Sale
  • $4,300,000 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

Victoria Portfolio of properties for Sale

Wedgewood Terrace and Royal Arms present a rare opportunity to acquire a 137-unit apartment portfolio in Victoria, British Columbia's established Fernwood neighborhood. Located just south of downtown Victoria, both properties benefit from convenient access to employment centers, retail amenities, public transportation, and neighborhood services. Positioned along the Yates Street corridor, the portfolio offers residents connectivity to the downtown core while maintaining the character of a mature residential setting. The portfolio consists of two four-storey apartment communities that have undergone substantial capital improvements over the past five years. Wedgewood Terrace comprises 60 suites and Royal Arms comprises 77 suites. Ownership has invested approximately $2.8 million at Wedgewood Terrace and approximately $4.7 million at Royal Arms toward building modernization, including upgrades to common areas, balconies, railings, windows, patio doors, building systems, and other property components. In addition, a majority of suites within each asset have undergone comprehensive interior renovations that include upgraded finishes and the addition of dishwashers. The properties offer investors the opportunity to acquire stabilized multifamily assets with demonstrated operational performance and limited near-term capital requirements. Current rental rates are reported to be approximately 25% to 28% below market levels, creating potential for future revenue growth through suite turnover and continued asset management. The combination of extensive capital improvements, a central Victoria location, and significant scale within one of the region's most established rental housing markets positions this offering as a notable multifamily investment opportunity.

Contact:

Colliers

Property Subtype:

Multi Family

Date on Market:

2024-07-24

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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
  • $789,900 CAD
  • 603 SF
  • 1 Unit Available
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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
  • $3,549,000 CAD
  • 5,001 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 1210 Seventh Ave, New Westminster, BC - Multifamily for Sale

1210 Seventh Ave

New Westminster, BC V3M 2J7

  • Multifamily for Sale
  • $6,188,000 CAD
  • 12,000 SF
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More details for 6669 Telford Av, Burnaby, BC - Multifamily for Sale

Fircrest - 6669 Telford Av

Burnaby, BC V5H 4A1

  • Multifamily for Sale
  • $55,000,000 CAD
  • 52,539 SF
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More details for 2375 11th Av E, Vancouver, BC - Multifamily for Sale

Woodland Block - 2375 11th Av E

Vancouver, BC V5N 5N4

  • Retail for Sale
  • $1,529,000 CAD
  • 1,245 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 1133 W 70th Ave, Vancouver, BC - Multifamily for Sale

1133 W 70th Ave

Vancouver, BC V6P 2Y2

  • Multifamily for Sale
  • $9,900,000 CAD
  • 14,164 SF
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More details for 1 Alder Bay Rd, Mt Waddington, BC - Multifamily for Sale

Alder Bay RV Park & Marina - 1 Alder Bay Rd

Mt Waddington, BC V0N 2R0

  • Multifamily for Sale
  • $6,250,000 CAD
  • 10,000 SF
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More details for 2751 Kingsway St, Vancouver, BC - Multifamily for Sale

Frame - 2751 Kingsway St

Vancouver, BC V5R 5H4

  • Retail for Sale
  • $899,000 - $4,057,950 CAD
  • 567 - 4,162 SF
  • 5 Units Available
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More details for 1131-1151 Murray St, Lillooet, BC - Multifamily for Sale

Park Royal Apartment - 1131-1151 Murray St

Lillooet, BC V0K 2E3

  • Multifamily for Sale
  • $2,200,000 CAD
  • 24,000 SF
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More details for 2978 Walton Av, Coquitlam, BC - Multifamily for Sale

Creek Terraces - 2978 Walton Av

Coquitlam, BC V3B 6V6

  • Multifamily for Sale
  • Price Upon Request
  • 69,436 SF
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More details for 711 Treanor Av, Langford, BC - Multifamily for Sale

Treanor Terrace Apartments - 711 Treanor Av

Langford, BC V9B 6W7

  • Multifamily for Sale
  • Price Upon Request
  • 95,000 SF
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More details for 6540 & 6592 TELFORD AVENUE – Multifamily for Sale, Burnaby, BC

6540 & 6592 TELFORD AVENUE

  • Multifamily for Sale
  • Price Upon Request
  • 41,734 SF
  • 2 Multifamily Properties
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More details for Westside Apartment Portfolio – Multifamily for Sale, Vancouver, BC

Westside Apartment Portfolio

  • Multifamily for Sale
  • Price Upon Request
  • 41,907 SF
  • 4 Multifamily Properties
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More details for 5828 Granville St, Vancouver, BC - Multifamily for Sale

The Elms - 5828 Granville St

Vancouver, BC V6M 3C7

  • Multifamily for Sale
  • Price Upon Request
  • 127,400 SF
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More details for 633 Gardena Dr, Coquitlam, BC - Multifamily for Sale

The Layla - 633 Gardena Dr

Coquitlam, BC V3J 3W4

  • Multifamily for Sale
  • Price Upon Request
  • 72,987 SF
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More details for Alpine Fir Portfolio – Multifamily for Sale

Alpine Fir Portfolio

  • Multifamily for Sale
  • Price Upon Request
  • 89,481 SF
  • 4 Multifamily Properties
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