Capital Apartment Buildings for Sale

Multifamily in Capital available for sale

Capital Apartment Building for Sale

More details for 1310 Saunders St, Esquimalt, BC - Multifamily for Sale

Harbourscape - 1310 Saunders St

Esquimalt, BC V9A 4Y4

Multifamily for Sale
62,256 SF

Air Conditioning
Bicycle Storage
Security System
Car Charging Station
24 Hour Access
Fitness Center
Controlled Access

Esquimalt Multifamily for Sale

Macdonald Commercial and WestUrban Developments are pleased to offer for sale, Harbourscape, located at 1310 Saunders St, Esquimalt, BC. Harbourscape is situated in the rapidly growing and vibrant municipality of Esquimalt, steps away from the ocean, CFB Esquimalt Naval Base, retail shops, banks, schools, parks and a myriad of additional community amenities. This premium apartment building has 72 units made up of a practical suite mix of 1, 2 and 3-bedroom units. There are a multitude of high-end features including a fitness center, secured underground parking, storage units, dog wash, and bike room with wash. Furthermore, Harbourscape is built to Step Code 3, ensuring reduced OpEx and efficient/effective operations. The Property is held in bare trust, allowing prospective suitors to save on property transfer tax. This opportunity is a strategic, top tier investment undoubtedly positioned for longstanding capital appreciation and secure rental income.

Contact:

Macdonald Commercial

Property Subtype:

Apartment

Date on Market:

2025-02-10

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1527 Fort St

Victoria, BC V8S 1Z7

Multifamily for Sale
$6,495,000 CAD
9,332 SF

Air Conditioning
24 Hour Access
Kitchen
Smoke Detector

Victoria Multifamily for Sale

Hilltop House at 1527 Fort Street presents a rare opportunity to acquire a fully renovated, 17-suite apartment building in Victoria’s prestigious Rockland neighborhood. This turnkey asset combines timeless architecture with modern upgrades, offering investors peace of mind with no deferred capital expenditures. Each suite boasts condo-quality finishes, including quartz countertops and premium appliances, ensuring strong tenant appeal and retention. Recent improvements—such as a new torch-on roof, upgraded elevator cab, and tankless hot water system—underscore the property’s exceptional condition. Strategically positioned steps from Oak Bay Junction, Hilltop House provides residents with unmatched access to boutique shops, cafes, and essential services, while Downtown Victoria and Oak Bay are just minutes away. The property benefits from excellent transit connectivity and proximity to Royal Jubilee Hospital, reinforcing its desirability among professionals and long-term renters. With a strong going-in yield of 4.5% and eight suites offering rental growth potential, this investment promises both stability and upside in one of Victoria’s most sought-after rental markets.

Contact:

CBRE, Limited

Property Subtype:

Apartment

Date on Market:

2025-11-21

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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 2871 Jacklin Rd, Langford, BC - Multifamily for Sale

The Residences at Utopia - 2871 Jacklin Rd

Langford, BC V9B 5R8

Office/Retail for Sale
$699,000 CAD
944 SF
1 Unit Available

Kitchen

Langford Multifamily for Sale

This ground-floor office/retail strata space is an unreal commercial investment property! Located in the heart of Langford, steps from amenities such as Rhino Coffee House, F45 Training, Walmart, McDonald's, West Shore Mall and multiple fast food and restaurants surrounding! Available for purchase by an investor looking for a commercial real estate investment with a long-term, class A tenant in place, offering a return on investment of approximately. 7%!! The space is brand-new inside with high-end improvements, including a polished concrete floor, modern electric fireplace, two large offices with floor-to-ceiling glass, an open work area with up to 6 workstations, a reception area, a washroom and kitchen, all with very modern, west coast finishes and high ceilings throughout. Bonus: the strata space includes two (2) surface parking stalls easily accessed by the rear exit door, and a plethora of visitor and customer surface stalls. It is a must-see!

Contact:

Royal LePage Coast Capital Realty

Property Subtype:

Apartment

Date on Market:

2025-10-15

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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 2471 Sidney Av, Sidney, BC - Multifamily for Sale

Oceanna Apartments - 2471 Sidney Av

Sidney, BC V8L 0E1

Retail for Sale
$1,799,000 CAD
2,240 SF
1 Unit Available

Air Conditioning
Car Charging Station
24 Hour Access
Kitchen
Key Fob Entry
Wheelchair Accessible
Smoke Detector

Sidney Multifamily for Sale

Zoned C1 Downtown Commercial, the space allows for a wide range of business uses and offers exceptional street presence with large windows that span the entire frontage. Inside, you'll find soaring 14-foot ceilings, a welcoming reception area, kitchen, laundry room, five private treatment rooms, two bathrooms, and a storage room. Perfectly suited for wellness professionals, medical practitioners, or beauty service providers, this turnkey space is move-in ready and designed for a seamless client experience. Situated just steps from shops, cafés, and the waterfront, this is a rare opportunity to establish your business in a desirable commercial district. Available immediately.

Contact:

Research In Progress

Property Subtype:

Apartment

Date on Market:

2025-08-20

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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

Bicycle Storage
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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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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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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595 Pandora Ave

Victoria, BC V8W 1N6

Retail for Sale
$1,798,000 CAD
2,214 SF
1 Unit Available

Air Conditioning
24 Hour Access
Kitchen
Smoke Detector

Victoria Multifamily for Sale

Rare owner-occupier opportunity to purchase an improved strata retail unit built out as a fitness facility in the core of downtown Victoria’s Old Town District

Contact:

Avison Young - Victoria

Property Subtype:

Apartment

Date on Market:

2024-02-22

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More details for 1101-1109 Fort St, Victoria, BC - Multifamily for Sale

Black and White - 1101-1109 Fort St

Victoria, BC V8V 3K9

Retail for Sale
1,144 - 2,385 SF
5 Units Available

24 Hour Access
Kitchen

Victoria Multifamily for Sale

The property benefits from a strong tenant mix including The Breakfast Shop, The Ten Spot, Viva Dental, and Agile Integrated Health, with one unit currently vacant, providing upside for repositioning or owner-occupancy. All leases are structured with long-term commitments, ranging from 60 to 120 months, and staggered expiries through 2034, ensuring stable cash flow and minimal turnover risk. Strategically located on transit and bike lanes, the site is surrounded by high-density residential developments and is steps from downtown Victoria. Grade-level loading on Meares Street and nine reserved underground parking stalls enhance operational efficiency and tenant appeal. With a 5.74% stabilized cap rate, this offering delivers both immediate income and long-term growth potential in a market experiencing sustained urban expansion. Whether for passive investment or strategic portfolio enhancement, this high-exposure retail asset combines location strength, tenant stability, and architectural quality in a single, compelling package.

Contact:

CBRE, Limited

Property Subtype:

Apartment

Date on Market:

2025-09-24

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More details for 1069 Southgate St, Victoria, BC - Multifamily for Sale

Casa Verde - 1069 Southgate St

Victoria, BC V8V 2Z1

Multifamily for Sale
9,390 SF

Air Conditioning
Bicycle Storage
24 Hour Access
Kitchen
Smoke Detector

Victoria Multifamily for Sale

Casa Verde, located at 1069 Southgate Street in Victoria’s coveted Cook Street Village, presents a rare opportunity to acquire a meticulously maintained 12-suite vintage apartment building in one of the city’s most desirable rental markets. Owned and cared for by the same party for 47 years, this three-story walk-up blends timeless architectural character with thoughtful upkeep, offering investors a stable, fully occupied asset with significant upside potential. The building comprises ten spacious one-bedroom suites averaging 870 square feet and two studio units. Eight of the suites retain original softwood flooring, and many feature restored vintage fixtures that enhance the building’s charm. With current rents sitting approximately 61% below market, new ownership stands to benefit from substantial income growth through natural tenant turnover. Strategically positioned steps from Beacon Hill Park and the vibrant retail and dining scene of Cook Street Village, Casa Verde offers tenants unmatched access to lifestyle amenities and transit. The property includes secure bike storage, seven large storage lockers, two rented garages, and three off-street parking stalls. Infrastructure highlights include a torch-on membrane roof (2008), radiant hot water heating, and separately metered hydro. This is a rare opportunity to acquire a legacy asset in a high-demand rental corridor with long-term value and repositioning potential.

Contact:

CBRE, Limited

Property Subtype:

Apartment

Date on Market:

2025-08-15

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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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Apartment Buildings for Sale in Capital

View All Available Listings

How many apartment buildings are available for sale in Capital?

There are currently 24 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 38,963 SF. The largest apartment buildings available to buy is 269,000 SF and the smallest is 944 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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