Saanichton Apartment Buildings for Sale

Multifamily in Saanichton available for sale

Apartment Buildings for Sale Within 10 kilometers of Saanichton

More details for 250 Gorge Rd W, Saanich, BC - Multifamily for Sale

Gorge Terrace - 250 Gorge Rd W

Saanich, BC V9A 1M6

Multifamily for Sale
$10,000,000 CAD
23,052 SF

Saanich Multifamily for Sale

Gorge Terrace presents an exceptional opportunity to acquire a fully rented, income-producing multi-family property prominently located along the established Gorge Road corridor in Saanich, part of Greater Victoria’s thriving rental market. The 36-suite complex, situated on a 34,611 SF lot, comprises a mix of studio, one-, and two-bedroom units with an average size of 640 SF. Current ownership has invested over $490,000 into significant capital improvements, including comprehensive renovations of 16 suites, exterior enhancements, new aluminum balconies, updated common areas, modernized windows, and new signage. Positioned adjacent to the Gorge Shopping Centre and minutes from Uptown Centre, the property benefits from immediate access to transit, key retail amenities, and the scenic Gorge Waterway, which offers walking trails and recreational activities. Long-term upside exists through further unit renovations and potential densification opportunities supported by the property’s RA-3 Apartment Zoning and inclusion in the Primary Growth Area under the Official Community Plan. With a stabilized net operating income of $419,204 and average actual rent of $1,440 per unit, Gorge Terrace offers investors consistent cash flow and value-add potential in one of Vancouver Island’s most resilient rental markets.

Contact:

Avison Young

Property Subtype:

Apartment

Date on Market:

2026-06-08

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More details for 711 Treanor Av, Langford, BC - Multifamily for Sale

Treanor Terrace Apartments - 711 Treanor Av

Langford, BC V9B 6W7

Multifamily for Sale
Price Upon Request
95,000 SF

Air Conditioning
Bicycle Storage
Car Charging Station
24 Hour Access
Fitness Center
Kitchen

Langford Multifamily for Sale

Avison Young is pleased to present Treanor Terrace, a premier multi-family investment opportunity located at 711 Treanor Avenue, Langford, BC (the “Property”). Constructed in 2021, Treanor Terrace is strategically positioned along a primary arterial corridor in central Langford, providing residents with seamless access to retail, grocery, and lifestyle amenities throughout Langford and the Greater Victoria region. The Property sits on a substantial 62,646 square foot lot and offers a well-diversified suite mix of studio, one, two, and three-bedroom residential units, alongside one ground-floor commercial unit. Premium amenities include a fitness centre, games room, dog wash station, underground parking, and in-suite air conditioning. Held in a bare trust, the Property provides the prospective purchaser with an opportunity to save on property transfer tax (PTT) through a share sale purchase. Treanor Terrace represents an exceptional opportunity to acquire a purpose-built, recently constructed rental asset underpinned by stable operating history in a dynamic Vancouver Island market.