Capital Apartment Buildings for Sale

Multifamily in Capital available for sale

Capital Apartment Building for Sale

Multifamily Properties Mobile Homes & RV Parks

2670 Sooke River Rd

Sooke, BC V9Z 0Y2

Multifamily for Sale
$3,250,000 CAD
1 SF

Sooke Multifamily for Sale

Sherwood Park Estates is an incredible 6.8 acre property running alongside both Sooke River and the Galloping Goose Regional Trail, offering 25 mobile home pads in a rural setting, yet just a five minute drive from downtown Sooke. The property is easily accessed by Sooke River Road, via Highway 14. Investors will benefit from strong rents and stable income as well as significant recent upgrades to services and infrastructure

Contact:

Avison Young - Victoria

Property Subtype:

Mobile Home Park

Date on Market:

2025-12-29

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1760 Fort St

Victoria, BC V8R 1J4

Multifamily for Sale
$4,750,000 CAD
16,073 SF

Air Conditioning
24 Hour Access
Controlled Access
Kitchen
Smoke Detector

Victoria Multifamily for Sale

Colliers is proud to present Ashford Court, a well maintained 18-unit apartment building located in Victoria’s highly sought-after South Jubilee neighborhood. Near the border of Oak Bay, the property benefits from being directly on a transit route, walking distance to amenities such as the Urban Grocer and Save-On-Foods, and a stable tenant mix. This 4-storey wood-frame building is situated on a 13,960 square foot lot and features a desirable mix of spacious one and two bedroom suites.

Contact:

Colliers

Property Subtype:

Apartment

Date on Market:

2025-11-14

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More details for 707 Courtney St, Victoria, BC - Multifamily for Sale

The Falls - 707 Courtney St

Victoria, BC V8W 0A9

Retail for Sale
$4,810,000 CAD
6,417 SF
1 Unit Available

Victoria Multifamily for Sale

Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity for an owner-user to acquire a highly visible corner strata retail unit at 869 Douglas Street, Victoria, B.C. (the “Subject Property”). The Subject Property is a 6,417 SF ground floor corner strata lot, fronting Douglas Street (Highway 1 / Trans-Canada Highway) in downtown Victoria. The unit is priced well below replacement cost and further benefits from on-site shared parking, its location beneath The Falls (two residential towers totaling 155 residential units), and strong adjacent co-tenancies, Browns Socialhouse and 7-Eleven.

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2025-10-02

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681 Herald St

Victoria, BC V8W 1S8

Multifamily for Sale
$4,500,000 CAD
10,000 SF

Air Conditioning
Controlled Access
Kitchen
Smoke Detector

Victoria Multifamily for Sale

Colliers is pleased to offer for sale a 100% interest in 681 Herald Street, a 17-unit apartment building located on the edge of Victoria’s downtown core. Originally constructed as a motel and restaurant, the property has been extensively renovated and converted into residential use, offering a rare opportunity to acquire a turnkey multifamily asset in a highly central location.

Contact:

Colliers

Property Subtype:

Apartment

Date on Market:

2025-10-01

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2312 Wark St

Victoria, BC V8T 4G6

Multifamily for Sale
$2,100,000 CAD
4,309 SF

Air Conditioning
24 Hour Access
Controlled Access
Kitchen
Smoke Detector

Victoria Multifamily for Sale

The subject property features a two-and-a-half-storey wood-frame apartment building that has been converted into eight (8) legal suites. These include one (1) studio suite, five (5) one-bedroom suites, one (1) two-bedroom suite, and one (1) three-bedroom suite. The property offers on-site parking for up to 10 vehicles, and most suites include balconies or patios. Rent covers hot water and heating for all suites, except for the three-bedroom suite, which is responsible for its own electric heating costs. The two-bedroom suite has in-suite laundry, while the remaining suites have access to on-site laundry machines owned by the Landlord. Each suite is individually metered for electricity, with tenants directly responsible for their usage.

Contact:

Colliers

Property Subtype:

Apartment

Date on Market:

2025-09-18

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More details for 5229 Cordova Bay Rd, Saanich, BC - Multifamily for Sale

Tiller + Grace - 5229 Cordova Bay Rd

Saanich, BC V8Y 2L1

Retail for Sale
$750,000 CAD
979 SF
1 Unit Available

Air Conditioning
Bicycle Storage
24 Hour Access
Controlled Access
Kitchen

Saanich Multifamily for Sale

Offered at $750,000, this boutique commercial unit presents a compelling opportunity for owner-users or investors seeking a foothold in one of Victoria’s most affluent and rapidly growing coastal communities. The surrounding area boasts an average household income of $173,040 within a 1 km radius and is projected to see a 26% population increase by 2028. Approximately 6,000 vehicles pass the nearby intersection of Cordova Bay Road and Fenn Avenue daily, ensuring strong visibility and customer access. Located within a high-quality mixed-use development and steps from the beach, this property combines lifestyle appeal with strategic commercial viability. Whether launching a café, retail concept, or professional office, this space offers the infrastructure, location, and demographic support to thrive.

Contact:

CBRE, Limited

Property Subtype:

Apartment

Date on Market:

2025-08-08

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1401 Fort St

Victoria, BC V8S 1Y9

Multifamily for Sale
$3,600,000 CAD
17,124 SF

Victoria Multifamily for Sale

The Avison Young Multi-Family Team is pleased to present the opportunity to acquire 1401 Fort Street, Victoria, BC (“the Property”) a 13-unit rental apartment building located in Victoria’s highly sought-after Rockland neighbourhood. This 3-storey wood-frame building is situated on a 10,222 sf lot and features a desirable mix of spacious one and two bedroom suites.

Contact:

Avison Young

Property Subtype:

Apartment

Date on Market:

2025-07-01

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More details for 1105 Pandora Ave, Victoria, BC - Multifamily for Sale

The Wade - 1105 Pandora Ave

Victoria, BC V8V 3N8

Office for Sale
$525,000 CAD
554 SF
1 Unit Available

24 Hour Access

Victoria Multifamily for Sale

Discover an exceptional office space in Unit 109, nestled within the vibrant Harris Green district of Victoria, between Pandora Avenue and Johnson Street along Cook Street. This prime location is at the heart of an area experiencing dynamic growth and redevelopment, offering unmatched convenience with close proximity to the Pandora Avenue and Fort Street. Tucked into a serene interior courtyard, this unit provides a tranquil setting—ideal for professionals seeking a peaceful yet productive workspace. Thoughtfully designed, it features a modern kitchen, a sunlit courtyard, and an impressive nine parking spaces. Plus, 9 stalls with $200 per month ,potential revenue is a great mortgage helper.

Contact:

eXp Realty

Property Subtype:

Apartment

Date on Market:

2025-04-14

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More details for 2871 Jacklin Rd, Langford, BC - Multifamily for Sale

The Residences at Utopia - 2871 Jacklin Rd

Langford, BC V9B 5R8

Office for Sale
$1,199,000 CAD
2,057 SF
1 Unit Available

Kitchen

Langford Multifamily for Sale

CBRE Victoria is pleased to present the opportunity to purchase strata Unit 110 at 2871 Jacklin Road. This ground floor office space spans 2,057 square feet and has been thoughtfully designed and renovated, featuring modern finishes that create an inviting atmosphere. The unit includes a reception area, 8 private rooms, 2 washrooms, a kitchen, and a gym area. Conveniently located in Langford’s downtown core, this location provides easy access to a variety of amenities. This newly tenanted space with built in rental escalations over the term offers an exceptional opportunity for investors seeking steady income and capital growth.

Contact:

CBRE

Property Subtype:

Apartment

Date on Market:

2025-04-11

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More details for 2630-2636 Peatt Rd, Victoria, BC - Multifamily for Sale

Langford Gateway - 2630-2636 Peatt Rd

Victoria, BC V9B 3T8

Multifamily for Sale
$9,975,000 CAD
269,000 SF

Air Conditioning
24 Hour Access
Controlled Access
Kitchen
Roof Terrace

Victoria Multifamily for Sale

CBRE Limited has been engaged, pursuant to a Court-Order, to offer for sale Langford Gateway in Langford, BC (the “Property”) — an exceptionally well-located 5-parcel assembly encompassing 78,800 SF of CCP zoned, high-density development land, just blocks from Highway 1 and an incredible range of amenities. With over 2,800 SF of frontage on three streets, including major arterial Peatt Road, this offering represents a rare opportunity to develop at scale (6.0 FAR) with in-place zoning, in the heart of one of Canada's fastest-growing communities.

Contact:

CBRE, Limited

Property Subtype:

Apartment

Date on Market:

2025-03-27

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More details for 1300 Yates St, Victoria, BC - Multifamily for Sale

Royal Arms Apartments - 1300 Yates St

Victoria, BC V8S 1Z9

Multifamily for Sale
$25,000,000 CAD
55,375 SF

Kitchen

Victoria Multifamily for Sale

Opportunity to purchase this 77-suite, four-storey, wood framed apartment building was constructed in 1966. The suites are heated by electric baseboard with the building serviced by one (1) Montgomery elevator.

Contact:

Colliers

Property Subtype:

Apartment

Date on Market:

2025-01-21

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More details for 3221 Heatherbell Rd, Colwood, BC - Multifamily for Sale

Pendray House - 3221 Heatherbell Rd

Colwood, BC V9C 1Y8

Multifamily for Sale
$6,950,000 CAD
8,400 SF

Air Conditioning
Waterfront

Colwood Multifamily for Sale

The Property is an exceptionally well-located 3.90-acre waterfront development site, with an existing two-storey commercial heritage building also included in the offering. The heritage building, known as the Pendray House, is presently vacant. The Property features spectacular views over Esquimalt Lagoon, the Strait of Juan de Fuca and beyond to the Olympic Mountain Range.

Contact:

Colliers

Property Subtype:

Apartment

Date on Market:

2024-10-29

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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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Legacy Apartment Portfolio

Multifamily for Sale
$45,500,000 CAD
146,910 SF
2 Multifamily Properties

Victoria Portfolio of properties for Sale

Rare investment opportunity to acquire two (2) impeccably maintained properties, totaling 137 units. Both buildings have undergone significant capital upgrades, ensuring their modernization. Current rental rates remain approximately 25%-28% below market value, presenting substantial rental income upside. Situated within the City of Victoria Fernwood neighborhood, just south of Victoria’s downtown business core, these properties are located within an upscale residential community, fostering a secure and tranquil rental lifestyle for tenants. The location offers unparalleled accessibility to downtown amenities, by easy walking distance or conveniently located along a primary transit route on the Yates Street corridor, which runs adjacent to both properties.

Contact:

Colliers

Property Subtype:

Multi Family

Date on Market:

2024-07-24

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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

Colwood Multifamily for Sale

Fantastic second floor office space in the Latoria Walk neighbourhood. Exceptional natural light from windows overlooking protected green space. This mixed use building has Red Barn Market and IDA Pharmacy on the main floor, four strata office units on the second floor, and residential units on the 3rd and 4th floors. The subject unit has a highly functional layout that can easily be re-used or modified as needed. There is both common and exclusive parking on the property.

Contact:

Colliers

Property Subtype:

Apartment

Date on Market:

2024-05-16

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Heron’s Landing

Multifamily for Sale
86,751 SF
2 Multifamily Properties

Victoria Portfolio of properties for Sale

CBRE Limited is pleased to present for sale 3185 Tillicum Road and 275 Burnside Road West in Saanich, BC. These two modern and energy efficient multi-family buildings were constructed in 2013 to an exceptionally high standard. With 104 residential units plus a 2,540 SF commercial space the offering represents a ‘like new’ investment opportunity priced well below what it would cost to construct today. Situated in a region identified as a growth opportunity by Saanich and a provincial transitoriented area (TOA), investors will benefit from rental rates that still possess a 23.6% spread to current market rates in an area that has significant room for rental growth.

Contact:

CBRE, Limited

Property Subtype:

Multi Family

Date on Market:

2025-04-16

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More details for 1180 Fort St, Victoria, BC - Multifamily for Sale

Somerset Place Apartments - 1180 Fort St

Victoria, BC V8V 3K8

Multifamily for Sale
45,012 SF

Air Conditioning
Controlled Access
Kitchen
Smoke Detector

Victoria Multifamily for Sale

Cushman & Wakefield, on behalf of Lantern Properties Ltd, proudly presents Somerset Place located at 1180 Fort Street, in the Rockland Neighbourhood of Victoria, BC. Somerset Place is a three-storey, wood-framed low-rise apartment block which houses 46 rental suites comprised of approximately 25,998 sf of rentable area. The building is maintained to an exceptional standard benefiting from consistent capital upgrades being applied to the asset. The Property is located in the historic Rockland neighbourhood of Victoria, and surrounded by a range of amenities, including shops, restaurants, parks, and cultural attractions. It’s tranquil streets and historic charm make it a sought-after residential area in the capital region.

Contact:

Cushman & Wakefield

Property Subtype:

Apartment

Date on Market:

2025-01-17

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Apartment Buildings for Sale in Capital

View All Available Listings

How many apartment buildings are available for sale in Capital?

There are currently 19 apartment buildings available for sale in Capital, offering a unique opportunity for businesses to establish a presence.

How big are the apartment buildings available for sale in Capital?

The average size of apartment buildings available for sale in Capital is about 48,188 SF. The largest apartment buildings available to buy is 269,000 SF and the smallest is 1 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.

What's the cap rate for apartment buildings in Capital?

The average market cap rate for apartment buildings for sale is about 4.81% based on data provided in Capital. Learn more about how cap rates are calculated.

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