Multifamily in Capital available for sale
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Apartment Buildings for Sale in Capital

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Capital Apartment Building for Sale

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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/Retail for Sale
  • $624,000 - $1,599,000 CAD
  • 1,635 - 4,023 SF
  • 2 Units Available
  • 24 Hour Access

Victoria Multifamily for Sale

112-1105 Pandora Avenue is a commercial strata unit located in Victoria, British Columbia, within The Wade development. The property offers 4,023 square feet of shell space and is zoned CA-1. It includes two access points and is situated behind a gated courtyard. The location benefits from nearby residential density and connectivity to the downtown area and key transportation routes.

Contact:

RE/MAX Camosun

Property Subtype:

Apartment

Date on Market:

2026-04-15
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More details for 705 Johnson St, Victoria, BC - Multifamily for Sale

705 Johnson St

Victoria, BC V8W 1M8

  • Multifamily for Sale
  • $2,995,000 CAD
  • 17,236 SF

Victoria Multifamily for Sale

CBRE Victoria is pleased to present an exceptional investment opportunity in the heart of downtown Victoria at 705–711 Johnson Street. This distinctive three-storey building comprises two ground-floor retail units and 40 single-occupancy residential rooms above, collectively known as the York Hotel. The property offers strong in-place income, near full occupancy, and the benefit of substantial completed upgrades, resulting in minimal ongoing maintenance for a prospective owner. The building totals approximately 17,236 square feet, with 6,900 square feet on the main floor and 5,168 square feet on both the second and third floors, situated on a 7,284-square-foot site. Built in 1911 and zoned CBD-1 (Central Business District), the property allows for a wide range of flexible commercial and mixed-use opportunities. The two ground-floor retail units measure approximately 2,434 square feet at 705 Johnson Street and 4,370 square feet at 707 Johnson Street. The space at 705 Johnson Street is occupied by Board with Friends, a locally owned and operated board game café, while 707 Johnson Street is currently vacant and was purpose-built for a gym, though it can readily accommodate a variety of alternative uses. Both retail units feature impressive 16-foot ceilings, excellent Johnson Street frontage and exposure, private washrooms, and, in the case of 707 Johnson Street, an additional shower amenity. The upper floors house 40 single-occupancy residential units operating as the York Hotel. Each floor is equipped with shared half and full washrooms, as well as a dedicated laundry room. The residential units are currently rented at below-market rates, providing a clear opportunity for future income growth. The building has been well maintained and includes a concrete foundation, a wood joist roof with an asphalt surface, painted brick exterior, metal doorways, and double-glazed thermo-sealed windows in vinyl frames. Flooring varies throughout the building, with a mix of hardwood, laminate, tile, and carpet depending on the unit, and the electrical system is supported by a 600-amp, three-phase service. Notable building highlights include an upgraded roof completed in 2017, full sprinkler coverage throughout, recent updates to 11 of the single-occupancy units, and a new HVAC and heat pump system serving the commercial space. The property benefits from its central downtown location with excellent exposure along Johnson Street, direct proximity to transit, and an abundance of nearby parking options, including the Johnson Street Parkade. Offered for the first time on the market, this asset presents a compelling opportunity to acquire a well-located, income-producing property with long-term upside in one of Victoria’s most vibrant urban corridors.

Contact:

CBRE

Property Subtype:

Apartment

Date on Market:

2026-03-06
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More details for 1060 Pakington St, Victoria, BC - Multifamily for Sale

1060 Pakington St

Victoria, BC V8V 3A1

  • Multifamily for Sale
  • $10,250,000 CAD
  • 21,600 SF

Victoria Multifamily for Sale

Avison Young’s Multi-Family Team is pleased to present Park Royal Manor, a rare value-add opportunity featuring a 33-unit rental apartment building located at 1060 Pakington Street in Victoria, British Columbia (the “Property”). The Property is a well-maintained multifamily asset offering a strong going-in yield for investors, along with significant upside in rental revenue upon unit turnover. Ideally situated in Victoria’s inner core—minutes from Downtown Victoria, steps from Cook Street Village, and surrounded by premier amenities—Park Royal Manor represents a unique investment opportunity with substantial potential to capitalize on one of Canada’s most desirable rental markets.

Contact:

Avison Young

Property Subtype:

Apartment

Date on Market:

2026-01-26
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More details for 2670 Sooke River Rd, Sooke, BC - Multifamily for Sale

2670 Sooke River Rd

Sooke, BC V9Z 0Y2

  • Multifamily for Sale
  • $2,950,000 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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More details for 1760 Fort St, Victoria, BC - Multifamily for Sale

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

[869 Douglas Street] - 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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More details for 2312 Wark St, Victoria, BC - Multifamily for Sale

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 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 1655 Chambers St, Victoria, BC - Multifamily for Sale

Wedgewood Terrace - 1655 Chambers St

Victoria, BC V8T 3J7

  • Multifamily for Sale
  • $20,500,000 CAD
  • 91,535 SF
  • 24 Hour Access
  • Kitchen
  • Smoke Detector

Victoria Multifamily for Sale

Opportunity to purchase this 60-suite, four-storey, wood frame apartment building was constructed in 1964. The gross building area is +/- 57,400 SF. The exterior finish is stucco and brick veneer with decorative wood trim and a mansard roof. The suites are heated by gas fired hot water 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 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

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

Harbourscape - 1310 Saunders St

Esquimalt, BC V9A 4Y4

  • Multifamily for Sale
  • Price Upon Request
  • 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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More details for 421 Vancouver St, Victoria, BC - Multifamily for Sale

421 Vancouver St

Victoria, BC V8V 3T4

  • Multifamily for Sale
  • $3,495,000 CAD
  • 5,545 SF

Victoria Multifamily for Sale

Located at the highly desirable intersection of Southgate and Vancouver Streets, this meticulously maintained character apartment building stands at the heart of Victoria’s prestigious Fairfield West neighborhood—one of Canada’s most sought-after rental markets. Enjoy immediate proximity to the scenic Dallas Road waterfront, Beacon Hill Park, and the vibrant Cook Street Village, delivering unmatched urban convenience and lifestyle appeal. Comprising 12 fully updated residential units, this income-generating property combines architectural charm with operational efficiency. Eleven suites feature in-unit laundry, and all units are separately metered for heat and hot water. Tenants benefit from a well-landscaped shared yard, garden areas, secure bike storage, and individual storage lockers. With major renovations and ongoing upgrades completed over the last two decades, investors can leverage a true turn-key asset offering a current market-driven CAP of 5.59% and historically low vacancy. Positioned in a GRD-1 Apartment Zone on a level corner lot, this asset represents an exceptional opportunity for long-term income stability and appreciation in a market defined by strong rental demand and tight supply. Whether retained as a stable cash-flowing investment or future redevelopment potential, this property aligns seamlessly with long-term portfolio growth objectives.

Contact:

DFH Real Estate LTD.

Property Subtype:

Apartment

Date on Market:

2026-04-15
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LoopNet Canada British Columbia Apartment Buildings For Sale in Capital, BC, Canada

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Apartment Buildings for Sale in Capital

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How many apartment buildings are available for sale in Capital?
There are currently 21 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 40,446 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 5.27% based on data provided in Capital. Learn more about how cap rates are calculated.
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