V8V Apartment Buildings for Sale

V8V Apartment Building for Sale

410 Michigan St

Victoria, BC V8V 1R5

Multifamily for Sale
$2,795,000 CAD
4,960 SF

Victoria Multifamily for Sale

410 Michigan Street presents a rare opportunity to acquire a seven-unit walk-up apartment building in Victoria’s highly desirable James Bay neighborhood. This property offers exceptional proximity to the Inner Harbour and James Bay Square, providing residents with convenient access to grocery stores, pharmacies, parks, and public transit. The building consists of two two-bedroom units, four one-bedroom units, and one bachelor suite, all with separate hot water tanks and individually metered hydro. Recent upgrades include double-glazed vinyl windows, enhancing energy efficiency and tenant comfort. The property features a paved rear parking lot with seven surface stalls and an additional covered parking structure. Designated as “Urban Residential” under the City of Victoria’s Official Community Plan, the site offers long-term redevelopment potential for mid-rise, multi-unit buildings up to six storeys with an allowable density of up to 2:1 FSR. This makes 410 Michigan Street an attractive investment for both stable income and future development upside.

Contact:

CBRE, Limited

Property Subtype:

Apartment

Date on Market:

2026-04-09

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More details for 1069 Southgate St, Victoria, BC - Multifamily for Sale

Casa Verde - 1069 Southgate St

Victoria, BC V8V 2Z1

Multifamily for Sale
$3,300,000 CAD
9,390 SF

Air Conditioning
Bicycle Storage
24 Hour Access
Kitchen
Smoke Detector

Victoria Multifamily for Sale

Casa Verde, located at 1069 Southgate Street in Victoria’s coveted Cook Street Village, presents a rare opportunity to acquire a meticulously maintained 12-suite vintage apartment building in one of the city’s most desirable rental markets. Owned and cared for by the same party for 47 years, this three-story walk-up blends timeless architectural character with thoughtful upkeep, offering investors a stable, fully occupied asset with significant upside potential. The building comprises ten spacious one-bedroom suites averaging 870 square feet and two studio units. Eight of the suites retain original softwood flooring, and many feature restored vintage fixtures that enhance the building’s charm. With current rents sitting approximately 61% below market, new ownership stands to benefit from substantial income growth through natural tenant turnover. Strategically positioned steps from Beacon Hill Park and the vibrant retail and dining scene of Cook Street Village, Casa Verde offers tenants unmatched access to lifestyle amenities and transit. The property includes secure bike storage, seven large storage lockers, two rented garages, and three off-street parking stalls. Infrastructure highlights include a torch-on membrane roof (2008), radiant hot water heating, and separately metered hydro. This is a rare opportunity to acquire a legacy asset in a high-demand rental corridor with long-term value and repositioning potential.

Contact:

CBRE, Limited

Property Subtype:

Apartment

Date on Market:

2025-08-15

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More details for 340 Linden Ave, Victoria, BC - Multifamily for Sale

The Stanley - 340 Linden Ave

Victoria, BC V8V 4E9

Multifamily for Sale
$5,950,000 CAD
8,178 SF

Security System
Controlled Access

Victoria Multifamily for Sale

CBRE presents a rare opportunity to acquire a fully renovated 16-suite multifamily asset in one of Victoria’s most sought-after residential enclaves. Located at 340 Linden Avenue, just steps from the vibrant Cook Street Village, this character conversion—known as The Stanley—offers a blend of heritage charm and modern functionality. The building underwent a comprehensive renovation in 2017, transforming it into a low-maintenance, high-performing investment with no near-term capital expenditure requirements. Each suite features quartz countertops, soft-close cabinetry, stainless steel appliances, in-suite laundry, and vinyl wide-plank flooring. All units are individually metered, with electric baseboard heating paid by tenants, and supported by a 400-amp electrical system and a gas hot water tank installed in 2019. The property includes 16 storage lockers, secure bike storage, and thoughtfully landscaped grounds designed for minimal upkeep. Strategically positioned in the Fairfield neighbourhood, residents enjoy immediate access to Beacon Hill Park, Dallas Road Beach, and a rich mix of local amenities including cafés, restaurants, fitness studios, and boutique retailers. With a current population of over 17,000 within a 1 km radius and a projected 5.2% growth over five years, the area demonstrates strong rental demand and demographic stability. The average household income of $102,069 and a 57% renter population further reinforce the asset’s long-term appeal. This turnkey investment offers stable income, premium location, and enduring architectural character—ideal for investors seeking a high-quality multifamily asset in Victoria’s urban core.

Contact:

CBRE, Limited

Property Subtype:

Apartment

Date on Market:

2025-04-24

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More details for 1101-1109 Fort St, Victoria, BC - Multifamily for Sale

Black and White - 1101-1109 Fort St

Victoria, BC V8V 3K9

Retail for Sale
Price Upon Request
1,144 - 2,385 SF
5 Units Available

24 Hour Access
Kitchen

Victoria Multifamily for Sale

The property benefits from a strong tenant mix including The Breakfast Shop, The Ten Spot, Viva Dental, and Agile Integrated Health, with one unit currently vacant, providing upside for repositioning or owner-occupancy. All leases are structured with long-term commitments, ranging from 60 to 120 months, and staggered expiries through 2034, ensuring stable cash flow and minimal turnover risk. Strategically located on transit and bike lanes, the site is surrounded by high-density residential developments and is steps from downtown Victoria. Grade-level loading on Meares Street and nine reserved underground parking stalls enhance operational efficiency and tenant appeal. With a 5.74% stabilized cap rate, this offering delivers both immediate income and long-term growth potential in a market experiencing sustained urban expansion. Whether for passive investment or strategic portfolio enhancement, this high-exposure retail asset combines location strength, tenant stability, and architectural quality in a single, compelling package.

Contact:

CBRE, Limited

Property Subtype:

Apartment

Date on Market:

2025-09-24

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1026 Fort St

Victoria, BC V8V 3K4

Office for Sale
Price Upon Request
2,623 SF
1 Unit Available

24 Hour Access

Victoria Multifamily for Sale

Positioned in the heart of Victoria’s rapidly evolving Harris Green district, 1024 & 1026 Fort Street offers a rare opportunity to acquire a fully furnished, turn-key executive office space with exceptional visibility and modern design. This boutique ground-floor office spans 1,417 SF, complemented by 1,206 SF of lower-level storage, and includes two secure underground parking stalls. The property comprises two strata units and features high-end finishes, floor-to-ceiling storefront glazing, and prominent blade signage on one of Victoria’s most trafficked corridors.

Contact:

CBRE, Limited

Property Subtype:

Apartment

Date on Market:

2025-09-24

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Apartment Buildings for Sale in V8V

View All Available Listings

How many apartment buildings are available for sale in V8V?

There are currently 9 apartment buildings available for sale in V8V, offering a unique opportunity for businesses to establish a presence.

How big are the apartment buildings available for sale in V8V?

The average size of apartment buildings available for sale in Victoria is about 3,755 SF. The largest apartment buildings available to buy is 9,390 SF and the smallest is 1,144 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 V8V?

The average market cap rate for apartment buildings for sale is about 4.83% based on data provided in V8V. Learn more about how cap rates are calculated.

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