Commercial Real Estate in British Columbia available for sale
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Multifamily Properties for Sale in British Columbia

British Columbia Multifamily Property for Sale

More details for 402-438 E 3rd St, North Vancouver, BC - Multifamily for Sale

Innova and The BLOK Commercial - 402-438 E 3rd St

North Vancouver, BC V7L 1G2

  • Retail for Sale
  • $865,800 - $1,305,200 CAD
  • 664 - 1,004 SF
  • 4 Units Available
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More details for 1519 Kingsway, Vancouver, BC - Multifamily for Sale

Format - 1519 Kingsway

Vancouver, BC V5N 2R8

  • Office for Sale
  • $1,098,000 - $1,698,000 CAD
  • 1,277 - 2,168 SF
  • 3 Units Available
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More details for 512 Beatty St, Vancouver, BC - Multifamily for Sale

512 Beatty Street - 512 Beatty St

Vancouver, BC V6B 2L3

  • Retail for Sale
  • $1,100,000 CAD
  • 1,343 SF
  • 1 Unit Available
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More details for 408 Columbia St E, New Westminster, BC - Multifamily for Sale

Premiere - 408 Columbia St E

New Westminster, BC V3L 0K5

  • Retail for Sale
  • $1,499,000 CAD
  • 1,663 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 20769 Fraser Hwy, Langley, BC - Multifamily for Sale

Unity - 20769 Fraser Hwy

Langley, BC V3A 4G4

  • Retail for Sale
  • $1,511,640 - $2,045,100 CAD
  • 1,482 - 2,005 SF
  • 5 Units Available
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More details for 9654 Benchland Dr, Lake Country, BC - Multifamily for Sale

Zara at Lakestone - 9654 Benchland Dr

Lake Country, BC V4V 0A4

  • Retail for Sale
  • $415,000 - $1,845,000 CAD
  • 634 - 2,833 SF
  • 5 Units Available
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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

Victoria Portfolio of properties for Sale

Wedgewood Terrace and Royal Arms present a rare opportunity to acquire a 137-unit apartment portfolio in Victoria, British Columbia's established Fernwood neighborhood. Located just south of downtown Victoria, both properties benefit from convenient access to employment centers, retail amenities, public transportation, and neighborhood services. Positioned along the Yates Street corridor, the portfolio offers residents connectivity to the downtown core while maintaining the character of a mature residential setting. The portfolio consists of two four-storey apartment communities that have undergone substantial capital improvements over the past five years. Wedgewood Terrace comprises 60 suites and Royal Arms comprises 77 suites. Ownership has invested approximately $2.8 million at Wedgewood Terrace and approximately $4.7 million at Royal Arms toward building modernization, including upgrades to common areas, balconies, railings, windows, patio doors, building systems, and other property components. In addition, a majority of suites within each asset have undergone comprehensive interior renovations that include upgraded finishes and the addition of dishwashers. The properties offer investors the opportunity to acquire stabilized multifamily assets with demonstrated operational performance and limited near-term capital requirements. Current rental rates are reported to be approximately 25% to 28% below market levels, creating potential for future revenue growth through suite turnover and continued asset management. The combination of extensive capital improvements, a central Victoria location, and significant scale within one of the region's most established rental housing markets positions this offering as a notable multifamily investment opportunity.

Contact:

Colliers

Property Subtype:

Multi Family

Date on Market:

2024-07-24

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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 2375 11th Av E, Vancouver, BC - Multifamily for Sale

Woodland Block - 2375 11th Av E

Vancouver, BC V5N 5N4

  • Retail for Sale
  • $1,529,000 CAD
  • 1,245 SF
  • 1 Unit Available
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More details for 1133 W 70th Ave, Vancouver, BC - Multifamily for Sale

1133 W 70th Ave

Vancouver, BC V6P 2Y2

  • Multifamily for Sale
  • $9,900,000 CAD
  • 14,164 SF
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More details for 2751 Kingsway St, Vancouver, BC - Multifamily for Sale

Frame - 2751 Kingsway St

Vancouver, BC V5R 5H4

  • Retail for Sale
  • $899,000 - $4,057,950 CAD
  • 567 - 4,162 SF
  • 5 Units Available
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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 5828 Granville St, Vancouver, BC - Multifamily for Sale

The Elms - 5828 Granville St

Vancouver, BC V6M 3C7

  • Multifamily for Sale
  • Price Upon Request
  • 127,400 SF
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More details for 633 Gardena Dr, Coquitlam, BC - Multifamily for Sale

The Layla - 633 Gardena Dr

Coquitlam, BC V3J 3W4

  • Multifamily for Sale
  • Price Upon Request
  • 72,987 SF
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More details for Alpine Fir Portfolio – Multifamily for Sale

Alpine Fir Portfolio

  • Multifamily for Sale
  • Price Upon Request
  • 89,481 SF
  • 4 Multifamily Properties
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More details for 39668 Government Rd, Squamish, BC - Multifamily for Sale

Northyards - 39668 Government Rd

Squamish, BC V8B 1C1

  • Multifamily for Sale
  • Price Upon Request
  • 78,000 SF
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More details for 22348 N, Maple Ridge, BC - Multifamily for Sale

The North at Port Haney - 22348 N

Maple Ridge, BC V2X 6B5

  • Retail for Sale
  • Price Upon Request
  • 1,193 SF
  • 1 Unit Available
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More details for 631 Sixth St, New Westminster, BC - Multifamily for Sale

Edgewater Towers - 631 Sixth St

New Westminster, BC V3L 3C1

  • Multifamily for Sale
  • Price Upon Request
  • 53,210 SF
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