Multifamily in Oak Bay available for sale
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Apartment Building for Sale near Oak Bay

Oak Bay Apartment Building for Sale

Apartment Buildings for Sale Within 5 kilometers of Oak Bay

More details for 1090 Johnson St, Victoria, BC - Multifamily for Sale

The Mondrian - 1090 Johnson St

Victoria, BC V8V 3P6

  • Office for Sale
  • $676,650 - $1,535,950 CAD
  • 1,041 - 2,363 SF
  • 3 Units Available
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More details for 1029 View St, Victoria, BC - Multifamily for Sale

The Jukebox - 1029 View St

Victoria, BC V8V 0C9

  • Office/Retail for Sale
  • $438,000 CAD
  • 595 SF
  • 1 Unit Available
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More details for 821 Burdett Ave, Victoria, BC - Multifamily for Sale

Chatsworth House - 821 Burdett Ave

Victoria, BC V8W 1B3

  • Office for Sale
  • $480,000 CAD
  • 881 SF
  • 1 Unit Available
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More details for 1301 Hillside Av, Victoria, BC - Multifamily for Sale

Sparrow - 1301 Hillside Av

Victoria, BC V8T 3S1

  • Retail for Sale
  • $369,000 CAD
  • 649 SF
  • 1 Unit Available
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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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More details for 1670 Fort St, Victoria, BC - Multifamily for Sale

Wellington Manor - 1670 Fort St

Victoria, BC V8R 1H9

  • Multifamily for Sale
  • $9,200,000 CAD
  • 30,797 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

Victoria Multifamily for Sale

Wellington Manor is a four-storey, wood-frame, low-rise apartment building comprising 36 suites and situated on an approximately 30,797-square-foot lot at 1670 Fort Street in Victoria, British Columbia. Located in the highly desirable Jubilee neighbourhood, the property is surrounded by extensive amenities, including the Royal Jubilee Hospital, medical offices, schools, and grocery-anchored retail plazas, while also being just minutes from Victoria’s downtown core. Built in 1965, the building features a concrete foundation, Fort Street access and egress, and a gross building area of approximately 30,797 square feet. The exterior has been thoughtfully updated with a vibrant mid-century modern aesthetic, incorporating accent panels and modernized address signage that create a strong street presence. The suite mix includes twenty-three one-bedroom units and thirteen two-bedroom units, with 18 units renovated or upgraded since 2019. Additional features include common laundry facilities, extensive tenant storage options totaling 36 lockers, hot water baseboard heating via a gas boiler, and a 600-amp electrical service with 60 amps to each unit. With stable in-place income and future rental upside potential, Wellington Manor represents a compelling investment opportunity within Victoria’s resilient multifamily market.

Contact:

JBW Commerical Inc.

Property Subtype:

Apartment

Date on Market:

2026-04-08

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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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Apartment Buildings for Sale in Oak Bay

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How many apartment buildings are available for sale in Oak Bay?
There are currently 1 apartment buildings available for sale in Oak Bay, offering a unique opportunity for businesses to establish a presence.
How big are the apartment buildings available for sale in Oak Bay?
The average size of apartment buildings available for sale in Oak Bay is about 1,959 SF. The largest apartment buildings available to buy is 1,959 SF and the smallest is 1,959 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.