Commercial Real Estate in Oak Bay available for sale
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Multifamily Properties for Sale near Oak Bay

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Multifamily Properties for Sale Within 5 kilometers of Oak Bay

More details for 1301 Hillside Av, Victoria, BC - Multifamily for Sale

Sparrow - 1301 Hillside Av

Victoria, BC V8T 3S1

  • Retail for Sale
  • $369,000 CAD
  • 649 SF
  • 1 Unit Available

Victoria Multifamily for Sale

Perfectly positioned in a high-visibility location, the property offers unmatched convenience with easy access to downtown Victoria, major transit routes, and a wide range of nearby amenities including Hillside Mall, Fairway Market, Save-On-Foods Memorial Centre, Cascadia Liquor, 5th Street Bar & Grill, and the shops and cafés of Quadra Village.

Contact:

eXp Realty

Property Subtype:

Apartment

Date on Market:

2026-05-15
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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 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
  • 24 Hour Access
  • Kitchen

Victoria Multifamily for Sale

The property benefits from a strong tenant mix including The Breakfast Shop, The Ten Spot, Viva Dental, and Agile Integrated Health, with one unit currently vacant, providing upside for repositioning or owner-occupancy. All leases are structured with long-term commitments, ranging from 60 to 120 months, and staggered expiries through 2034, ensuring stable cash flow and minimal turnover risk. Strategically located on transit and bike lanes, the site is surrounded by high-density residential developments and is steps from downtown Victoria. Grade-level loading on Meares Street and nine reserved underground parking stalls enhance operational efficiency and tenant appeal. With a 5.74% stabilized cap rate, this offering delivers both immediate income and long-term growth potential in a market experiencing sustained urban expansion. Whether for passive investment or strategic portfolio enhancement, this high-exposure retail asset combines location strength, tenant stability, and architectural quality in a single, compelling package.

Contact:

CBRE, Limited

Property Subtype:

Apartment

Date on Market:

2025-09-24
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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
  • 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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LoopNet Canada British Columbia Multifamily Properties For Sale in Oak Bay, BC, Canada

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Multifamily Properties for Sale in Oak Bay

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How many multifamily properties are available for sale in Oak Bay?
There are currently 2 multifamily properties available for sale in Oak Bay, offering a unique opportunity for businesses to establish a presence.
How big are the multifamily properties available for sale in Oak Bay?
The average size of multifamily properties available for sale in Oak Bay is about 2,032 SF. The largest multifamily properties available to buy is 2,105 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.
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