Multifamily in Saanich available for sale
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Apartment Buildings for Sale near Saanich

Saanich Apartment Building for Sale

More details for 1831 Oak Bay Av, Victoria, BC - Multifamily for Sale

1831 Oak Bay Av

Victoria, BC V8R 1C3

  • Retail for Sale
  • $1,620,000 CAD
  • 2,105 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 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

Ashford Court is an 18-unit apartment building located at 1760 Fort Street in Victoria’s South Jubilee neighborhood, near the Oak Bay boundary. The property offers investors the opportunity to acquire a fully occupied rental asset within one of Victoria’s most established residential districts. The building is situated on a ±13,960-square-foot site and features a mix of primarily two-bedroom suites, supporting broad tenant appeal and long-term rental demand. The property's location contributes significantly to its investment profile. Positioned along a major transit corridor, Ashford Court provides convenient access to downtown Victoria, the University of Victoria, and Camosun College. Residents benefit from walkable access to daily amenities including grocery stores, restaurants, cafes, pharmacies, and recreational facilities. Royal Jubilee Hospital is located within walking distance, providing a major nearby employment anchor and supporting consistent housing demand in the area. Operationally, the asset features separately metered hydro for most units, natural gas hot water radiant heating, on-site laundry facilities with seller-owned equipment, storage lockers, and surface parking for residents and visitors. The building reports 100% occupancy and includes 14 paved parking stalls and 17 storage lockers. Investors may also recognize potential income growth through future tenant turnover where rents may be adjusted to market conditions in accordance with applicable regulations. Victoria continues to experience limited rental housing supply and sustained demand from healthcare, education, government, and service-sector employment bases. Ashford Court combines a central location, stable occupancy, and established tenancy within a mature urban neighborhood.

Contact:

Colliers

Property Subtype:

Apartment

Date on Market:

2025-11-14

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Apartment Buildings for Sale Within 10 kilometers of Saanich

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 1171 Rockland Av, Victoria, BC - Multifamily for Sale

1171 Rockland Av

Victoria, BC V8V 3H8

  • Multifamily for Sale
  • $2,650,000 CAD
  • 4,817 SF

Victoria Multifamily for Sale

Dundalk Manor presents a rare opportunity to acquire a fully stabilized, income-generating multi-family property in Victoria’s prestigious Rockland neighborhood. This historically designated Queen Anne residence, originally constructed in 1908, exudes timeless character while offering the benefits of modern upgrades. The three-story property comprises eight meticulously maintained legal suites, including studio, one-bedroom, and two-bedroom layouts, ensuring broad tenant appeal and reliable rental income. Comprehensive renovations since 2017 include new plumbing, kitchens, bathrooms, and a 400 AMP electrical service with individual metering, significantly lowering operating risks. Notable capital projects include a 40-year roof (2011), monitored fire sprinkler system (2020), and low-maintenance irrigated landscaping. The property retains stunning heritage architectural elements such as original façades and intricate design features, harmonizing charm with functionality. Positioned steps from Cook Street Village, Downtown Victoria, Beacon Hill Park, and key amenities, Dundalk Manor boasts exceptional walkability with a score of 91 and immediate transit access. On-site conveniences include two parking stalls, secure bike storage, additional tenant storage, and new commercial laundry installations scheduled for June 2026. This offering combines architectural significance, strong tenancy, and a proven track record of minimal vacancy—ideal for investors seeking long-term value in one of Victoria’s most desirable residential corridors.

Contact:

Engel & Volkers

Property Subtype:

Apartment

Date on Market:

2026-05-18

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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 1105 Pandora Ave, Victoria, BC - Multifamily for Sale

The Wade - 1105 Pandora Ave

Victoria, BC V8V 3N8

  • Office/Retail for Sale
  • $574,000 - $1,449,000 CAD
  • 1,635 - 4,023 SF
  • 2 Units Available
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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
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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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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

Wedgewood Terrace and Royal Arms present a rare opportunity to acquire a 137-unit apartment portfolio in Victoria, British Columbia's established Fernwood neighborhood. Located just south of downtown Victoria, both properties benefit from convenient access to employment centers, retail amenities, public transportation, and neighborhood services. Positioned along the Yates Street corridor, the portfolio offers residents connectivity to the downtown core while maintaining the character of a mature residential setting. The portfolio consists of two four-storey apartment communities that have undergone substantial capital improvements over the past five years. Wedgewood Terrace comprises 60 suites and Royal Arms comprises 77 suites. Ownership has invested approximately $2.8 million at Wedgewood Terrace and approximately $4.7 million at Royal Arms toward building modernization, including upgrades to common areas, balconies, railings, windows, patio doors, building systems, and other property components. In addition, a majority of suites within each asset have undergone comprehensive interior renovations that include upgraded finishes and the addition of dishwashers. The properties offer investors the opportunity to acquire stabilized multifamily assets with demonstrated operational performance and limited near-term capital requirements. Current rental rates are reported to be approximately 25% to 28% below market levels, creating potential for future revenue growth through suite turnover and continued asset management. The combination of extensive capital improvements, a central Victoria location, and significant scale within one of the region's most established rental housing markets positions this offering as a notable multifamily investment opportunity.

Contact:

Colliers

Property Subtype:

Multi Family

Date on Market:

2024-07-24

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Apartment Buildings for Sale in Saanich

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How many apartment buildings are available for sale in Saanich?
There are currently 4 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 5,197 SF. The largest apartment buildings available to buy is 16,073 SF and the smallest is 649 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.