Commercial Properties for Sale in Victoria

Victoria Multifamily for Sale

Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity for an owner-user to acquire a highly visible corner strata retail unit at 869 Douglas Street, Victoria, B.C. (the “Subject Property”). The Subject Property is a 6,417 SF ground floor corner strata lot, fronting Douglas Street (Highway 1 / Trans-Canada Highway) in downtown Victoria. The unit is priced well below replacement cost and further benefits from on-site shared parking, its location beneath The Falls (two residential towers totaling 155 residential units), and strong adjacent co-tenancies, Browns Socialhouse and 7-Eleven.

Property Subtype:

Apartment

Date on Market:

2025-10-02

Victoria Land for Sale

FOR SALE | DP Ready 11,220 SF Proposed Townhouse Site 6753 Central Saanich Road, Victoria, BC Strategically located on the southwest corner of Central Saanich Road and White Road in the Keating neighbourhood, this property offers a unique development opportunity in a semi-rural setting. Just east of Highway 17 (Patricia Bay Highway), it provides: * 20 minutes to Downtown Victoria * 10 minutes to Sidney & Swartz Bay Ferry Terminal * 11 minutes to Victoria International Airport

Property Subtype:

Residential

Date on Market:

2025-09-05

Victoria Office for Sale

Commercial strata units comprise of the main floor of the Reflections Building

Date on Market:

2026-03-04

Victoria Retail for Sale

Redevelopment Opportunity with Holding Income. Positioned in the heart of a growth corridor, this 17,425 sqft. property represents an opportunity to secure a strategic site with stable income. The lot offers dual road access, with over 100 ft of frontage along W. Saanich Rd and approx 60 ft on Viewmont, immediately adjacent to Royal Oak Centre. The 7-unit commercial building is fully leased and has a long history of stable tenancy, providing dependable cash flow while future plans are contemplated.Zoned C-3 with preliminary discussions with the municipality indicate FSR's of 3.5 +.This node is undergoing transformation, with nearby city-owned lands rezoned to permit buildings up to 12 storeys and additional developments in various stages of approval. With prominent frontage, and transit connectivity via Transit Exchange, and immediate access to major retail amenities, this property offers an opportunity to secure income today while positioning for significant long-term density upside.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-03-04

Victoria Office for Sale

Well-located single-storey commercial building offering approximately 1,000 sq. ft. of flexible space suitable for office, medical, wellness, or service-based uses. High-visibility location with convenient access to Quadra, Pandora, and Blanshard Streets. The property is currently vacant, allowing for immediate occupancy or tenant improvements. In addition to owner-occupier potential, the property is designated for higher density under the Official Community Plan (4.5:1 FSR), providing future redevelopment or land assembly opportunity. Purchasers are advised to verify all redevelopment potential with the City of Victoria. 851 Cormorant Street is centrally located in Victoria, British Columbia, within the North Park / downtown area. The property sits just north of Victoria’s core, offering excellent proximity to the city’s main commercial, cultural, and civic destinations. It benefits from a highly visible position with easy access to major thoroughfares including Quadra Street, Pandora Avenue, and Blanshard Street, making it convenient for both vehicle and pedestrian traffic. The surrounding neighborhood is a vibrant mix of professional offices, wellness and medical services, residential buildings, and local amenities. Downtown Victoria’s shops, cafés, restaurants, and services are only a short walk away, while nearby areas such as Chinatown, Market Square, and City Hall further enhance the urban appeal. The location offers excellent walkability and strong transit connectivity, making it well suited for commercial, office, or service-oriented uses that benefit from central-city exposure.

Date on Market:

2026-02-24

Victoria Land for Sale

Colliers is pleased to present the opportunity to acquire 2870 & 2876 Jacklin Road (the “Property”), a multifamily development site located on the periphery of Downtown Langford, one of Greater Victoria’s fastest-growing residential nodes.

Property Subtype:

Commercial

Date on Market:

2026-02-18

Victoria Land for Sale

Incredible Development Opportunity for Builders & Investors! Proposed Lot A offers approx. 12,694 sqft of prime, flat building site awaiting final subdivision approval for 4 detached strata houses—each thoughtfully designed by Zebra designs at approx. 2,600 sqft, with 3 beds & 3 baths on the main and a 1 bed,1 bath legal suite! Located on a quiet, tree-lined street, this site is steps to the Gorge Waterway—perfect for summer swimming, kayaking & paddleboarding. Enjoy a short stroll to a brand new children’s park, complete with a BMX bike park and basketball court. The Galloping Goose Trail is at your doorstep, offering a 10-minute bike ride to Downtown Victoria, Uptown, or Mayfair Mall. Victoria’s vibrant microbrewery district, Glo Europub & Arbutus Park, a rare off-leash waterfront dog park just down the street. This is an unbeatable lifestyle location and a rare potential development opportunity in one of Victoria’s most connected, up-and-coming neighbourhoods. Call for more details.

Property Subtype:

Commercial

Date on Market:

2026-02-12

Victoria Land for Sale

Colliers is excited to present this centrally located townhome development site in the desirable Oaklands neighbourhood of Victoria, B.C.

Property Subtype:

Commercial

Date on Market:

2026-02-11

Victoria Retail for Sale

This offering represents the opportunity for owner-occupiers and investors to acquire an industrial strata unit at 415 Dunedin Street, a highly sought-after industrial strata complex. Centrally located within the Gorge and Selkirk Waterway, the property offers excellent access to Downtown Victoria, major arterial routes, and surrounding industrial and commercial nodes, with vacant possession available July 15th, 2026.

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-02-06

Victoria Industrial for Sale

Date on Market:

2026-02-02

Victoria Multifamily for Sale

Avison Young’s Multi-Family Team is pleased to present Park Royal Manor, a rare value-add opportunity featuring a 33-unit rental apartment building located at 1060 Pakington Street in Victoria, British Columbia (the “Property”). The Property is a well-maintained multifamily asset offering a strong going-in yield for investors, along with significant upside in rental revenue upon unit turnover. Ideally situated in Victoria’s inner core—minutes from Downtown Victoria, steps from Cook Street Village, and surrounded by premier amenities—Park Royal Manor represents a unique investment opportunity with substantial potential to capitalize on one of Canada’s most desirable rental markets.

Property Subtype:

Apartment

Date on Market:

2026-01-26

Victoria Land for Sale

The property has been rezoned with approval of a Development Permit by the District of Saanich Council, changing from RS-6 (Single Family Dwelling) to RA-11. As a result, this combined 31,345 SF site is now approved for construction of a 6-storey, 73-unit condominium building comprising a gross floor area of 70,501 SF. The project is grandfathered under the 2018 Building Code for seismic and adaptability requirements, allowing for substantial construction cost savings compared to newer code requirements. In addition, the 3 single family homes provide nominal interim rental holding income during any pre-development phase. Located in close proximity to retail and service amenities in Saanich Centre, major transit routes as well as recreational options such as Annie Park and the Lochside Regional Trail system, the site offers excellent connectivity as well as walkability.

Property Subtype:

Commercial

Date on Market:

2026-01-21

Victoria Office for Sale

Property Subtype:

Medical

Date on Market:

2025-12-10

Victoria Multifamily for Sale

Avison Young is pleased to present this opportunity to purchase this Oak Bay Avenue strata investment property. With an excellent national covenant tenant in place, this is a unique opportunity on one of Victoria’s most sought-after corridors

Property Subtype:

Apartment

Date on Market:

2025-12-03

Victoria Portfolio of properties for Sale

This versatile assembly offers stable cash flow from the VCA lease, with immediate functionality for owner-occupiers with 3892 Carey Road being completely vacant, or investors could lease out the units and increase their return. The properties also offer great long-term development potential, with a total site size of 20,880 square feet. 3892 Carey Road is currently demised into 4 commercial retail units on the main level, with a large 2 bedroom residential unit on the second level, all of which are currently vacant. This provides owners with the flexibility of occupying some or all of the building for their own use and leasing out the remaining units for additional cash flow. The C-2 zoning allows for a wide range of uses including retail, medical services, office, restaurant, apartment and daycare use to name a few. 3890 Carey Road is a 4,645 SF building leased to VCA, as a legal non-confirming vet use. Their lease runs until March 31, 2027 with two further options to renew, each for a term of 5 years. This provides owners with a stable source of cash flow

Date on Market:

2025-11-18

Victoria Multifamily for Sale

Colliers is proud to present Ashford Court, a well maintained 18-unit apartment building located in Victoria’s highly sought-after South Jubilee neighborhood. Near the border of Oak Bay, the property benefits from being directly on a transit route, walking distance to amenities such as the Urban Grocer and Save-On-Foods, and a stable tenant mix. This 4-storey wood-frame building is situated on a 13,960 square foot lot and features a desirable mix of spacious one and two bedroom suites.

Property Subtype:

Apartment

Date on Market:

2025-11-14

Esquimalt Retail for Sale

Currently home to Action Motorcycles who plan on expanding into a larger building in Greater Victoria, this prominent building is “centre ice” in Esquimalt’s City Centre being only 5 minutes to the City of Victoria, the Department of National Defence and in walking distance to the Esquimalt Recreation Centre, Memorial Park, Saxe Point, the Library and retail amenities serving this community. The subject property is directly across from the newly developed Esquimalt Town Square.

Date on Market:

2025-11-13

Victoria Retail for Sale

Colliers is pleased to present the opportunity to acquire a standalone office/retail building located in the vibrant Quadra Village District. Offering excellent exposure along Hillside Avenue, the property benefits from high traffic counts, strong pedestrian visibility, and convenient access to Downtown Victoria, Hillside Shopping Centre, and Mayfair Shopping Centre. Previously occupied by a Member of the Legislative Assembly (MLA) office for over 20 years, this property is ideally suited for professional office, or boutique retail users seeking an established and accessible location.

Date on Market:

2025-10-29

Victoria Office for Sale

Strategically located in the Royal Oak node of Saanich, 4520 West Saanich Road presents a compelling opportunity for owner-occupiers, developers, or investors seeking a well-positioned commercial asset with immediate utility and long-term upside. This standalone office building spans two floors totaling 3,329 square feet and sits on a 9,450-square-foot parcel with 18 surface parking stalls, offering both functionality and visibility in a high-demand corridor. The property features modern interior finishes, including private offices, reception areas, meeting rooms, and break spaces across both levels. With flexible tenancies currently in place, purchasers have the option to maintain holding income or secure vacant possession for immediate occupancy. The building’s prominent signage potential and direct access to West Saanich Road enhance its appeal for professional services, medical, or administrative users. Designated within the 400-meter Transit-Oriented Area (TOA) and identified as a Primary Growth Area in the Saanich Official Community Plan (OCP), the site is primed for future redevelopment. Provincial TOA guidelines support a minimum 2.5:1 FAR and six-storey density, with municipal openness to alternative proposals. The C2 zoning allows a wide range of uses including retail, office, medical, daycare, and residential, providing flexibility for repositioning. Surrounded by major retail anchors such as Thrifty Foods, Canadian Tire, and Tim Hortons, and within walking distance to Royal Oak Shopping Centre and Saanich Commonwealth Place, the location offers excellent amenity access. Downtown Victoria is just a 15-minute drive, with Swartz Bay Ferry Terminal and Victoria International Airport reachable within 25 and 20 minutes respectively.

Date on Market:

2025-10-22

Victoria Multifamily for Sale

Colliers is pleased to offer for sale a 100% interest in 681 Herald Street, a 17-unit apartment building located on the edge of Victoria’s downtown core. Originally constructed as a motel and restaurant, the property has been extensively renovated and converted into residential use, offering a rare opportunity to acquire a turnkey multifamily asset in a highly central location.

Property Subtype:

Apartment

Date on Market:

2025-10-01

Victoria Multifamily for Sale

The subject property features a two-and-a-half-storey wood-frame apartment building that has been converted into eight (8) legal suites. These include one (1) studio suite, five (5) one-bedroom suites, one (1) two-bedroom suite, and one (1) three-bedroom suite. The property offers on-site parking for up to 10 vehicles, and most suites include balconies or patios. Rent covers hot water and heating for all suites, except for the three-bedroom suite, which is responsible for its own electric heating costs. The two-bedroom suite has in-suite laundry, while the remaining suites have access to on-site laundry machines owned by the Landlord. Each suite is individually metered for electricity, with tenants directly responsible for their usage.

Property Subtype:

Apartment

Date on Market:

2025-09-18

Victoria Industrial for Sale

Date on Market:

2025-09-04

Victoria Office for Sale

Rare opportunity to occupy strata office space in the Aspen Building at Broadmead Office Park. The unit is located on a southwest-facing corner and benefits from ample natural light, along with a west-facing patio. The premises are improved to a modern office standard featuring a welcoming reception area, large boardroom, six offices, storage room, copy room, and a kitchenette.

Date on Market:

2025-07-17