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 808 Viewfield Rd, Victoria, BC - Industrial for Sale

808 Viewfield Rd

Victoria, BC V9A 4V1

  • Industrial for Sale
  • $6,395,000 CAD
  • 19,483 SF
  • 1 Unit Available
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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 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 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 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 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
  • 10,434 SF
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More details for 2621-2629 Douglas St, Victoria, BC - Office for Sale

2621-2629 Douglas St

Victoria, BC V8T 4M1

  • Office for Sale
  • Price Upon Request
  • 115,937 SF
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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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More details for 418 Alpha Terr, Victoria, BC - Flex for Sale

418 Alpha Terr

Victoria, BC V8Z 1B6

  • Flex for Sale
  • $1,800,000 CAD
  • 5,000 SF

Victoria Flex for Sale

Rare opportunity to acquire a versatile industrial property located on a quiet cul-de-sac just off Burnside Road, offering excellent accessibility and functional space for a variety of business uses. This well-located property features approximately 3,000 sq. ft. of office space, complemented by an additional 2,000 sq. ft. of warehouse area, providing a flexible layout suited for operations, storage, or light industrial use. The office building offers a practical and comfortable work environment with four private offices, a meeting space, kitchen area, laundry, and a 3-piece bathroom, creating a fully functional workspace for administrative and operational needs. Large windows throughout the office areas bring in natural light, while the layout provides multiple workspaces suitable for offices, consulting rooms, or collaborative areas. The adjoining warehouse space includes an oversized door, allowing convenient access for deliveries, equipment, or vehicle storage. This portion of the property provides excellent utility for trades, storage, or light industrial operations. Situated on a fenced lot with parking for up to 10 vehicles, the property offers secure on-site parking and yard space, an increasingly valuable feature in this central industrial location. With its flexible configuration and strategic positioning near major transportation routes and commercial services, this property presents strong potential for owner-occupiers, investors, or those exploring future redevelopment opportunities. A rare offering in a highly accessible industrial pocket of the city.

Contact:

eXp Realty

Date on Market:

2026-03-20

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More details for 832 Fisgard St, Victoria, BC - Office for Sale

832 Fisgard St

Victoria, BC V8W 1S1

  • Office/Retail for Sale
  • $1,079,980 CAD
  • 2,229 SF
  • 1 Unit Available
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More details for 1881-1885 Fort St, Victoria, BC - Retail for Sale

1881-1885 Fort St

Victoria, BC V8R 1K1

  • Retail for Sale
  • $4,800,000 CAD
  • 3,000 SF
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