Capital Commercial Properties for Sale - Page 3

Commercial Real Estate in Capital available for sale

Capital Commercial Property for Sale

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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

Air Conditioning
Waterfront

Colwood Multifamily for Sale

The Property is an exceptionally well-located 3.90-acre waterfront development site, with an existing two-storey commercial heritage building also included in the offering. The heritage building, known as the Pendray House, is presently vacant. The Property features spectacular views over Esquimalt Lagoon, the Strait of Juan de Fuca and beyond to the Olympic Mountain Range.

Contact:

Colliers

Property Subtype:

Apartment

Date on Market:

2024-10-29

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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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1415 Broad St

Victoria, BC V8W 2B2

Retail for Sale
$2,950,000 CAD
12,598 SF

Victoria Retail for Sale

The subject property is prominently situated on the east side of Broad Street between Pandora Avenue and Johnson Street. This portion of Broad Street extends from City Hall to the north and Bay Centre to the South. The street has been improved with angle parking, brick pavers and sidewalk improvements creating a welcoming atmosphere with excellent street appeal. The building has two tenants on the retail level and one tenant on the 2nd floor. The basement is occupied by the two retail tenants for bike service and storage. Access to the basement is by way of a staircase in 1419 Broad Street and a rear access from the laneway accessible from Pandora Avenue

Contact:

Avison Young - Victoria

Date on Market:

2024-10-03

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1420 Broad St

Victoria, BC V8W 2B1

Specialty for Sale
$10,000,000 CAD
37,359 SF

Victoria Specialty for Sale

Ideal for owner-users / Investors / Developers. 26017 square feet available, vacant possession.

Contact:

Cushman & Wakefield

Property Subtype:

Movie/Radio/TV Studio

Date on Market:

2024-08-26

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800 Viewfield Rd

Victoria, BC V9A 4V1

Industrial for Sale
$9,300,000 CAD
27,741 SF

Victoria Industrial for Sale

Large light industrial zoned property in a highly desirable area of Esquimalt (with a portion of the property in Vic West) just minutes from downtown with convenient access to major transportation routes in and around the City. With reasonable notice, the current owner / occupier (Monk office Supply) can offer vacant possession for another owner / occupier or can do a Seller lease back. to a With just 35% site coverage, the property has significant upside development potential (approx. 20,000 SF of surplus land) while providing the owner with a strong rental income.

Contact:

NAI Commercial (Victoria) Inc.

Date on Market:

2024-07-29

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Legacy Apartment Portfolio

Multifamily for Sale
$45,500,000 CAD
146,910 SF
2 Multifamily Properties

Victoria Portfolio of properties for Sale

Rare investment opportunity to acquire two (2) impeccably maintained properties, totaling 137 units. Both buildings have undergone significant capital upgrades, ensuring their modernization. Current rental rates remain approximately 25%-28% below market value, presenting substantial rental income upside. Situated within the City of Victoria Fernwood neighborhood, just south of Victoria’s downtown business core, these properties are located within an upscale residential community, fostering a secure and tranquil rental lifestyle for tenants. The location offers unparalleled accessibility to downtown amenities, by easy walking distance or conveniently located along a primary transit route on the Yates Street corridor, which runs adjacent to both properties.

Contact:

Colliers

Property Subtype:

Multi Family

Date on Market:

2024-07-24

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Development Sites in the Fairfield Neigh

Land for Sale
$3,250,000 CAD
0.31 AC
2 Land Properties

Victoria Portfolio of properties for Sale

Colliers is pleased to offer for sale two (2) exceptionally located, multifamily development opportunities in the Fairfield neighbourhood of Victoria, B.C. The locations offer convenient access to downtown Victoria, Cook Street Village, Beacon Hill Park and other nearby amenities, recreational activities, and schools. Both sites are zoned, offering varying density, but permit multiple dwelling developments of anywhere from three (3) to six (6) storeys. In-place zoning allows prospective purchasers to propose their own missing middle project. While it is the owner’s preference to sell both development sites to one purchaser, it will entertain offers on each property individually.

Contact:

Colliers

Date on Market:

2024-07-24

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491-495 Dupplin Rd

Saanich, BC V8Z 1B8

Retail for Sale
$2,950,000 CAD
10,700 SF

Saanich Retail for Sale

This two storey mixed retail and office property is centrally located in the heart of Ambleside’s Business and Shopping District. It is a Heritage Building which has been extensively renovated over the years and offers Elevator access, windows that open, front door public transit and a half a block walk to beach and Seawall. Business neighbours include Starbucks, Fresh Street Market and Royal Bank.

Contact:

Avison Young - Victoria

Property Subtype:

Freestanding

Date on Market:

2024-06-11

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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

Colwood Multifamily for Sale

Fantastic second floor office space in the Latoria Walk neighbourhood. Exceptional natural light from windows overlooking protected green space. This mixed use building has Red Barn Market and IDA Pharmacy on the main floor, four strata office units on the second floor, and residential units on the 3rd and 4th floors. The subject unit has a highly functional layout that can easily be re-used or modified as needed. There is both common and exclusive parking on the property.

Contact:

Colliers

Property Subtype:

Apartment

Date on Market:

2024-05-16

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2749-2757 Strathmore Rd

Victoria, BC V9B 3X3

Land for Sale
$3,540,000 CAD
0.52 AC Lot

Victoria Land for Sale

Colliers is pleased to present 2749, 2753, and 2757 Strathmore Road (collectively the “Property”), a 22,510 SF multifamily development site with frontage along Strathmore Road and Scafe Road. The Property is located in the heart of Langford, steps from Goldstream Avenue, Langford’s primary downtown pedestrian and vehicle corridor, and home to numerous amenities and services.

Contact:

Colliers

Property Subtype:

Residential

Date on Market:

2023-10-03

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More details for 118 Rainbow Rd, Salt Spring Island, BC - Land for Sale

Mariner's Loft - 118 Rainbow Rd

Salt Spring Island, BC V8K 2V5

Land for Sale
$5,700,000 CAD
0.41 AC Lot

Salt Spring Island Land for Sale

Upscale, well positioned investment opportunity on Salt Spring Island in the beautiful Gulf Islands. The subject property is improved with a 3 storey building comprised of 7 high end units with 15 bedrooms and a myriad of premium amenities. E.g. In-suite washer and dryer, kitchen area, private patios, vaulted ceilings, TV’s, barbeques, wifi, onsite parking with secure gate, private entrances, gas fireplaces and floor to ceiling windows. Exceptional ocean, forest, and island views; only minutes away from retail shops, restaurants, parks and other major tourist attractions in Ganges Village. The penthouse is permitted for full time occupancy, allowing for one to live onsite, while managing the streamlined operation. Salt Spring has a dynamic, alluring hospitality submarket with limited supply and sizeable demand. STR reports are robust (e.g. elevated ADR & RevPAR metrics) with future growth potential and there are no supply side pressures in the near-term. Please inquire for more information.

Contact:

Macdonald Commercial

Property Subtype:

Commercial

Date on Market:

2023-07-19

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1148 Oscar St

Victoria, BC V8V 2X4

Multifamily for Sale
$3,499,000 CAD
6,657 SF

Air Conditioning
Kitchen

Victoria Multifamily for Sale

This updated and meticulously designed multifamily building consists of 12 units and is situated at 1148 Oscar Street in Victoria, BC. Positioned in the sought-after Cook Street Village neighborhood, this property is nestled in one of the most desirable areas of greater Victoria. Tenants are drawn to this location due to its convenient access to Beacon Hill Park, Dallas Road, and downtown Victoria, all of which can be easily reached on foot.

Contact:

Avison Young - Victoria

Property Subtype:

Apartment

Date on Market:

2023-06-09

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817 Fisgard St

Victoria, BC V8W 1R9

Flex for Sale
$2,595,000 CAD
2,500 SF

Victoria Flex for Sale

2,500 Sq. Ft. freestanding office/retail building on a 10,266 Sq. Ft. lot located in Victoria’s emerging Hudson District. The property offers a mix of private offices, staff areas, kitchen, 20+ surface parking stalls, and accommodating zoning for owner/occupiers. The vendor could consider a short term leaseback providing holding income to the purchaser. With potential density of up to 4.5:1 FSR, the site has significant development upside.

Contact:

CBRE, Limited

Date on Market:

2022-03-24

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2621-2629 Douglas St

Victoria, BC V8T 4M1

Office for Sale
115,937 SF

Victoria Office for Sale

The Victoria Press Building is a landmark property in the heart of Victoria’s rapidly evolving Midtown district. This fully revitalized, heritage-designated building offers an impressive 115,581 SF of commercial space across expansive, flexible floor plates designed for modern businesses. With its campus-style layout, soaring ceilings, and abundant natural light, the property creates an inspiring environment for commerce, culture, and creativity. Positioned between Douglas and Blanshard Streets, and minutes from downtown Victoria, this location provides exceptional connectivity to major transit routes, Uptown Saanich, and Victoria’s vibrant urban core.

Contact:

Colliers

Date on Market:

2026-01-29

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607 Vancouver St

Victoria, BC V8V 3T9

Office for Sale
2,172 SF

Victoria Office for Sale

An ideal opportunity for an owner-occupier to acquire the property and operate their retail business from the ground floor. The second-floor residential suite, comprising three bedrooms, is currently leased at a below market rent of $2,100 per month, providing future rental income upside.

Contact:

Colliers

Date on Market:

2025-09-29

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Heron’s Landing

Multifamily for Sale
86,751 SF
2 Multifamily Properties

Victoria Portfolio of properties for Sale

CBRE Limited is pleased to present for sale 3185 Tillicum Road and 275 Burnside Road West in Saanich, BC. These two modern and energy efficient multi-family buildings were constructed in 2013 to an exceptionally high standard. With 104 residential units plus a 2,540 SF commercial space the offering represents a ‘like new’ investment opportunity priced well below what it would cost to construct today. Situated in a region identified as a growth opportunity by Saanich and a provincial transitoriented area (TOA), investors will benefit from rental rates that still possess a 23.6% spread to current market rates in an area that has significant room for rental growth.

Contact:

CBRE, Limited

Property Subtype:

Multi Family

Date on Market:

2025-04-16

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More details for 2750 Leigh Rd, Langford, BC - Land for Sale

TERRA East - 2750 Leigh Rd

Langford, BC V9B 2Z3

Land for Sale
20 AC Lot

Langford Land for Sale

CBRE Limited and Marcus & Millichap in partnership with Beedie are pleased to present TERRA EAST, an unrivalled land opportunity for sale or lease at 2750 Leigh Road in Langford, BC. Situated at the intersection of Highway 1 and Leigh Road, TERRA EAST consists of up to 20 acres of developable land. This offering provides elite visibility, connectivity, flexibility, and scale, allowing businesses the opportunity to develop or occupy, with a vast array of potential uses.

Contacts:

Marcus & Millichap

CBRE, Limited

Property Subtype:

Industrial

Date on Market:

2024-11-18

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More details for 1175 Douglas St, Victoria, BC - Office for Sale

Bank of Commerce Building - 1175 Douglas St

Victoria, BC V8W 2E6

Office for Sale
137,326 SF

Air Conditioning
Security System
24 Hour Access
Fitness Center

Victoria Office for Sale

1175 Douglas Street is a high-quality office property located in the heart of downtown Victoria, British Columbia—one of Canada’s top-performing office markets. This 12-storey building offers a total of 137,326 sq. ft. of premium office space, making it a prime investment opportunity. The property is situated at one of the most prominent corners in downtown Victoria, providing exceptional visibility and accessibility. Tenants enjoy a range of on-site amenities, including a conference centre, end-of-trip facilities, change rooms, and bike storage. This BOMA Best Silver certified building is currently 97.3% occupied and features a diverse tenant mix, including major names like CIBC, Colliers, Raymond James, and CGI. With a weighted average lease term (WALT) of 6.2 years, this property offers stability and long-term growth potential.

Contacts:

Institutional Property Advisors

Colliers

Date on Market:

2024-11-13

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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
1.50 AC Lot

Langford Land for Sale

The Langford Towers are multi-residential buildings designed to replace 5 single family dwellings on Jacklin Road and Bray Avenue in Langford, British Columbia. With two adjacent Lots planned for a 6 Story Building in addition to the Towers. This project is designed to suit allowable density in the neighbourhood. With modern materials and forms inspired by new residential developments it creates a transitional building to blend the old and new. Built in an area with historically affordable homes, the proposed buildings, tower one 24 storeys and tower two 15 storeys will provide 282 new residential units including townhouses. The intent is to enrich the site for current and future needs and to create a safe and vibrant addition to the neighbourhood. Rezoned & adopted to CCP/CC-1 from RM-2. DP Ready Combined Lot Size 65,290 sqft (46124 + 19166) Two sites to be sold together 7 Lots (8 PIDs) 282 Units 2 high rises and 74 units low rise 260,484 sqft Total Buildable Two Towers (5.61 FSR) 67,545 sqft Total Buildable 6 Storey. 2 Blocks to Westshore Town Centre incl. Over 80 shops, Restaurants, Cineplex, Banks 1-2 blocks to Walmart Supercentre, Canadian Tire, Real Canadian Superstore Lake and Mountain Views in a very central location. Some holding income with multiple month to month tenancies.

Contact:

Re/Max Crest West Van (Masters)

Property Subtype:

Residential

Date on Market:

2023-06-14

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4660 Elk Lake Dr

Victoria, BC V8Z 5M1

Land for Sale
1.80 AC Lot

Victoria Land for Sale

Colliers is pleased to present an exceptional opportunity to acquire a prime redevelopment site in Saanich, B.C., located at 4660 Elk Lake Drive. The ±1.80-acre property falls within a Provincially designated Transit-Oriented Area (TOA), allowing for a minimum density of six-storeys and 2.5:1 floor space ratio (FSR), translating to approximately 196,007 buildable square feet (BSF). This well-located property offers significant potential for mixed-use or multifamily redevelopment in a high-growth corridor with direct access to regional transportation, retail amenities, and recreation.Conveniently located in the Royal Oak neighbourhood, within walking distance of several landmarks and amenities, Elk/Beaver Lake Regional Park, Saanich Commonwealth Place, and Rithet’s Bog, as well as a variety of nearby local restaurants, retail outlets and service establishments, such as the Royal Oak Shopping Centre and Broadmead Village Shopping Centre.