Commercial Real Estate in Capital available for sale
73

Commercial Properties for Sale in Capital

Capital Commercial Property for Sale

More details for 3274-3290 Campion Rd, Saanichton, BC - Specialty for Sale

3274-3290 Campion Rd

Saanichton, BC V8M 1W7

  • Specialty for Sale
  • $6,195,000 CAD
  • 2,399 SF
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More details for 1830 Island Hwy, Colwood, BC - Retail for Sale

4,315 SF Strata Retail/Warehouse - 1830 Island Hwy

Colwood, BC V9B 1J2

  • Retail for Sale
  • $1,095,000 CAD
  • 4,315 SF
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More details for 1655 Chambers St, Victoria, BC - Multifamily for Sale

Wedgewood Terrace - 1655 Chambers St

Victoria, BC V8T 3J7

  • Multifamily for Sale
  • $20,500,000 CAD
  • 91,535 SF
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More details for 3221 Heatherbell Rd, Colwood, BC - Multifamily for Sale

Pendray House - 3221 Heatherbell Rd

Colwood, BC V9C 1Y8

  • Multifamily for Sale
  • $6,950,000 CAD
  • 8,400 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 6605 Sooke Rd, Sooke, BC - Land for Sale

1.65 Acre Mixed Multi-Family Development Site - 6605 Sooke Rd

Sooke, BC V9Z 0A7

  • Land for Sale
  • $2,750,000 CAD
  • 1.63 AC Lot
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More details for 800 Viewfield Rd, Victoria, BC - Industrial for Sale

800 Viewfield Rd

Victoria, BC V9A 4V1

  • Industrial for Sale
  • $9,300,000 CAD
  • 27,741 SF
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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
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More details for Development Sites in the Fairfield Neigh – Land for Sale, Victoria, BC

Development Sites in the Fairfield Neigh

  • Land for Sale
  • $3,250,000 CAD
  • 0.31 AC
  • 2 Land Properties
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More details for 491-495 Dupplin Rd, Saanich, BC - Retail for Sale

491-495 Dupplin Rd

Saanich, BC V8Z 1B8

  • Retail for Sale
  • $2,950,000 CAD
  • 10,700 SF
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More details for 611 Brookside Rd, Colwood, BC - Multifamily for Sale

Latoria Walk - 611 Brookside Rd

Colwood, BC V9C 0C3

  • Office for Sale
  • $1,250,000 CAD
  • 2,215 SF
  • 1 Unit Available
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More details for 650 Allandale Rd, Victoria, BC - Industrial for Sale

Wildcat Industrial - 650 Allandale Rd

Victoria, BC V9C 0S2

  • Industrial for Sale
  • $1,299,995 CAD
  • 2,903 SF
  • 1 Unit Available
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More details for 2749-2757 Strathmore Rd, Victoria, BC - Land for Sale

2749-2757 Strathmore Rd

Victoria, BC V9B 3X3

  • Land for Sale
  • $3,540,000 CAD
  • 0.52 AC Lot
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More details for 817 Fisgard St, Victoria, BC - Flex for Sale

817 Fisgard St

Victoria, BC V8W 1R9

  • Flex for Sale
  • $2,395,000 CAD
  • 2,500 SF
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More details for 1630 Store St, Victoria, BC - Retail for Sale

1630 Store St

Victoria, BC V8W 1V3

  • Retail for Sale
  • Price Upon Request
  • 20,588 SF
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More details for 906 Dunford Ave, Langford, BC - Land for Sale

906 Dunford Ave

Langford, BC V9B 2S3

  • Land for Sale
  • Price Upon Request
  • 1.28 AC Lot
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More details for 710 Redbrick St, Victoria, BC - Office for Sale

710 Redbrick St

Victoria, BC V8T 5J3

  • Office for Sale
  • Price Upon Request
  • 23,570 SF
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More details for 1026 Fort St, Victoria, BC - Multifamily for Sale

1026 Fort St

Victoria, BC V8V 3K4

  • Office for Sale
  • Price Upon Request
  • 2,623 SF
  • 1 Unit Available
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More details for 2884 Jacklin Rd, Langford, BC - Land for Sale

Langford Towers & 6 story - 2884 Jacklin Rd

Langford, BC V9B 3Y4

  • Land for Sale
  • Price Upon Request
  • 1.50 AC Lot
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