Capital Multifamily Properties for Sale

Commercial Real Estate in Capital available for sale

Capital Multifamily Property for Sale

More details for 1105 Pandora Ave, Victoria, BC - Multifamily for Sale

The Wade - 1105 Pandora Ave

Victoria, BC V8V 3N8

Office for Sale
$1,599,900 CAD
4,038 SF
1 Unit Available

24 Hour Access

Victoria Multifamily for Sale

This court-ordered foreclosure sale offers a rare opportunity to acquire boutique commercial office space in Victoria’s dynamic urban market. Positioned within a vibrant neighborhood undergoing significant revitalization, the property is surrounded by residential condominiums, rental apartments, and medical office buildings, ensuring a strong client base and consistent foot traffic. The unit’s CA-1 zoning provides flexibility for professional offices, boutique retail, or mixed-use configurations, making it an attractive option for healthcare, legal, and financial professionals. The property benefits from excellent walkability and convenient access to public transit, with nearby amenities including cafes, restaurants, and parks that enhance the work-life experience for occupants and visitors alike. As construction costs continue to rise, the demand for move-in-ready office spaces has surged, positioning this asset as a cost-effective alternative to new development. Its location within Victoria’s thriving downtown corridor, combined with the area’s ongoing urban renewal, underscores the long-term value and growth potential of this investment.. PID: 031-301-207

Contact:

DFH Real Estate LTD

Property Subtype:

Apartment

Date on Market:

2026-03-16

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1060 Pakington St

Victoria, BC V8V 3A1

Multifamily for Sale
$10,250,000 CAD
21,600 SF

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.

Contact:

Avison Young

Property Subtype:

Apartment

Date on Market:

2026-01-26

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1760 Fort St

Victoria, BC V8R 1J4

Multifamily for Sale
$4,750,000 CAD
16,073 SF

Air Conditioning
24 Hour Access
Controlled Access
Kitchen
Smoke Detector

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.

Contact:

Colliers

Property Subtype:

Apartment

Date on Market:

2025-11-14

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More details for 2871 Jacklin Rd, Langford, BC - Multifamily for Sale

The Residences at Utopia - 2871 Jacklin Rd

Langford, BC V9B 5R8

Office for Sale
$1,199,000 CAD
2,057 SF
1 Unit Available

Kitchen

Langford Multifamily for Sale

CBRE Victoria is pleased to present the opportunity to purchase strata Unit 110 at 2871 Jacklin Road. This ground floor office space spans 2,057 square feet and has been thoughtfully designed and renovated, featuring modern finishes that create an inviting atmosphere. The unit includes a reception area, 8 private rooms, 2 washrooms, a kitchen, and a gym area. Conveniently located in Langford’s downtown core, this location provides easy access to a variety of amenities. This newly tenanted space with built in rental escalations over the term offers an exceptional opportunity for investors seeking steady income and capital growth.

Contact:

CBRE

Property Subtype:

Apartment

Date on Market:

2025-04-11

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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

24 Hour Access
Kitchen
Smoke Detector

Victoria Multifamily for Sale

Opportunity to purchase this 60-suite, four-storey, wood frame apartment building was constructed in 1964. The gross building area is +/- 57,400 SF. The exterior finish is stucco and brick veneer with decorative wood trim and a mansard roof. The suites are heated by gas fired hot water baseboard with the building serviced by one (1) Montgomery elevator.

Contact:

Colliers

Property Subtype:

Apartment

Date on Market:

2025-01-21

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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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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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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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1026 Fort St

Victoria, BC V8V 3K4

Office for Sale
Price Upon Request
2,623 SF
1 Unit Available

24 Hour Access

Victoria Multifamily for Sale

Positioned in the heart of Victoria’s rapidly evolving Harris Green district, 1024 & 1026 Fort Street offers a rare opportunity to acquire a fully furnished, turn-key executive office space with exceptional visibility and modern design. This boutique ground-floor office spans 1,417 SF, complemented by 1,206 SF of lower-level storage, and includes two secure underground parking stalls. The property comprises two strata units and features high-end finishes, floor-to-ceiling storefront glazing, and prominent blade signage on one of Victoria’s most trafficked corridors.

Contact:

CBRE, Limited

Property Subtype:

Apartment

Date on Market:

2025-09-24

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Multifamily Properties for Sale in Capital

View All Available Listings

How many multifamily properties are available for sale in Capital?

There are currently 17 multifamily properties available for sale in Capital, offering a unique opportunity for businesses to establish a presence.

How big are the multifamily properties available for sale in Capital?

The average size of multifamily properties available for sale in Capital is about 47,386 SF. The largest multifamily properties available to buy is 269,000 SF and the smallest is 1,959 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.

What's the cap rate for multifamily properties in Capital?

The average market cap rate for multifamily properties for sale is about 5.12% based on data provided in Capital. Learn more about how cap rates are calculated.

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