Commercial Real Estate in Capital available for sale
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Commercial Properties for Sale in Capital

Capital Commercial Property for Sale

More details for 777 Blanshard St, Victoria, BC - Multifamily for Sale

The Savoy - 777 Blanshard St

Victoria, BC V8W 2G9

  • Office for Sale
  • $750,000 CAD
  • 1,613 SF
  • 1 Unit Available
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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 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 2261 Keating Cross Rd, Central Saanich, BC - Office for Sale

2261 Keating Cross Rd

Central Saanich, BC V8Z 5T1

  • Office for Sale
  • Price Upon Request
  • 180,575 SF
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More details for 1225 Douglas St, Victoria, BC - Retail for Sale

Bank of Montreal - 1225 Douglas St

Victoria, BC V8W 2E6

  • Retail for Sale
  • Price Upon Request
  • 25,133 SF
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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
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More details for 3301 Woodruff Rd, Victoria, BC - Land for Sale

BUILD-TO-SUIT OPPORTUNITIES AVAILABLE - 3301 Woodruff Rd

Victoria, BC V9C 3W4

  • Land for Sale
  • Price Upon Request
  • 1 - 6 AC Lots

Victoria Land for Sale

An exceptional opportunity to secure 1.0 to 6.0 acres of industrial-zoned land within the Centre Mountain Business Park, one of the most supply-constrained markets on Vancouver Island. Lots 500 and 501 provide flexibility with parcel sizes starting at 1.0 acre, ideal for accommodating diverse industrial and commercial operations. The properties are fully serviced, offering access to electricity, water, storm, and sewer utilities, with site improvements scheduled for completion in late 2026. Strategically located along the Sooke Road corridor in Langford, this location provides unparalleled connectivity to both Victoria and Sooke, granting businesses efficient access to Greater Victoria’s core population and the West Shore’s growing communities. Permitted uses range from warehouse and manufacturing operations to research, development, and service-related facilities, making this an attractive acquisition for industrial developers and investors seeking customizable land solutions within a master-planned environment. Centre Mountain Business Park introduces flexible land lease opportunities within a professionally planned business park just minutes from Victoria. Build-to-suit options allow occupiers to design operationally efficient facilities tailored to their needs. Significant infrastructure improvements, including road networks and utility connections, will be in place by 2026, ensuring a ready-to-build, serviced platform for tenants. Positioned in a rapidly growing employment corridor along Sooke Road, the property offers quick access to major highways, with proximity to Victoria International Airport and Swartz Bay Ferry Terminal for regional and international connectivity. This location is ideal for logistics, warehousing, and light industrial businesses looking to capitalize on Langford’s growth and its strategic position within the Greater Victoria marketplace.

Contact:

Avison Young Commercial Real Estate

Property Subtype:

Industrial

Date on Market:

2026-04-24

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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 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
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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 866 Yates St, Victoria, BC - Retail for Sale

866 Yates St

Victoria, BC V8W 1L8

  • Retail for Sale
  • Price Upon Request
  • 4,005 SF
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