Multifamily in V8S available for sale
2

Apartment Buildings for Sale near V8S

V8S Apartment Building for Sale

Apartment Buildings for Sale Within 5 kilometers of V8S

More details for 19 Dallas Rd, Victoria, BC - Multifamily for Sale

Shoal Point - 19 Dallas Rd

Victoria, BC V8V 5A6

  • Office/Retail for Sale
  • $1,299,000 CAD
  • 4,166 SF
  • 1 Unit Available
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More details for 1333 Pandora Av, Victoria, BC - Multifamily for Sale

1333 Pandora Av

Victoria, BC V8V 3R6

  • Multifamily for Sale
  • $3,350,000 CAD
  • 10,104 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Kitchen

Victoria Multifamily for Sale

This 14-unit multifamily property at 1333 Pandora Avenue offers investors an exceptional opportunity in the heart of Victoria. Situated on a 13,085 square-foot corner lot within the Fernwood neighborhood, the asset features a well-maintained three-story building with recently renovated units and DP-approved plans for four additional dwellings. The current configuration includes six bachelor and eight one-bedroom units, complemented by surface parking for 20 vehicles, coin-operated laundry, and a robust infrastructure that includes an updated fire panel and two new hot water tanks. With five upgraded suites and electric baseboard heating costs covered by tenants, this property offers low operational overhead. The apartments enjoy below-market rents, creating significant value enhancement potential through repositioning. The approved development permit allows for three one-bedroom units and one two-bedroom unit to be added at grade without disturbing existing tenancies—a rare intensification opportunity in Victoria’s stable rental market. Positioned minutes from Downtown Victoria, the location ensures strong connectivity to employment hubs, retail corridors, schools, and public transit, with nearby parks and green spaces enhancing tenant appeal. This combination of in-place income, embedded potential for rent growth, and expansion certainty provides a compelling proposition for investors seeking long-term stability and upside.

Contact:

CBRE, Limited

Property Subtype:

Apartment

Date on Market:

2026-07-08

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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 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 971 Market St, Victoria, BC - Multifamily for Sale

North Hill Apartments - 971 Market St

Victoria, BC V8T 4Z3

  • Multifamily for Sale
  • $10,000,000 CAD
  • 26,100 SF
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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 903 Humboldt St, Victoria, BC - Multifamily for Sale

903 Humboldt St

Victoria, BC V8V 2Y8

  • Multifamily for Sale
  • $2,499,000 CAD
  • 3,807 SF
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Apartment Buildings for Sale in V8S

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How many apartment buildings are available for sale in V8S?
There are currently 2 apartment buildings available for sale in V8S, offering a unique opportunity for businesses to establish a presence.
How big are the apartment buildings available for sale in V8S?
The average size of apartment buildings available for sale in Victoria is about 101,143 SF. The largest apartment buildings available to buy is 146,910 SF and the smallest is 55,375 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 V8S?
The average market cap rate for apartment buildings for sale is about 4.17% based on data provided in V8S. Learn more about how cap rates are calculated.