Saanich Apartment Buildings for Sale

Multifamily in Saanich available for sale

Saanich Apartment Building for Sale

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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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

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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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 Saanich

View All Available Listings

How many apartment buildings are available for sale in Saanich?

There are currently 6 apartment buildings available for sale in Saanich, offering a unique opportunity for businesses to establish a presence.

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

The average size of apartment buildings available for sale in Saanich is about 34,033 SF. The largest apartment buildings available to buy is 86,751 SF and the smallest is 979 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 Saanich?

The average market cap rate for apartment buildings for sale is about 5.44% based on data provided in Saanich. Learn more about how cap rates are calculated.

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