Commercial Real Estate in Saanich available for sale
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Multifamily Properties for Sale near Saanich

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Saanich Multifamily Property for Sale

More details for 1527 Fort St, Victoria, BC - Multifamily for Sale

1527 Fort St

Victoria, BC V8S 1Z7

  • Multifamily for Sale
  • $6,495,000 CAD
  • 9,332 SF
  • Air Conditioning
  • 24 Hour Access
  • Kitchen
  • Smoke Detector

Victoria Multifamily for Sale

Hilltop House at 1527 Fort Street presents a rare opportunity to acquire a fully renovated, 17-suite apartment building in Victoria’s prestigious Rockland neighborhood. This turnkey asset combines timeless architecture with modern upgrades, offering investors peace of mind with no deferred capital expenditures. Each suite boasts condo-quality finishes, including quartz countertops and premium appliances, ensuring strong tenant appeal and retention. Recent improvements—such as a new torch-on roof, upgraded elevator cab, and tankless hot water system—underscore the property’s exceptional condition. Strategically positioned steps from Oak Bay Junction, Hilltop House provides residents with unmatched access to boutique shops, cafes, and essential services, while Downtown Victoria and Oak Bay are just minutes away. The property benefits from excellent transit connectivity and proximity to Royal Jubilee Hospital, reinforcing its desirability among professionals and long-term renters. With a strong going-in yield of 4.5% and eight suites offering rental growth potential, this investment promises both stability and upside in one of Victoria’s most sought-after rental markets.

Contact:

CBRE, Limited

Property Subtype:

Apartment

Date on Market:

2025-11-21
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More details for 1760 Fort St, Victoria, BC - Multifamily for Sale

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 5229 Cordova Bay Rd, Saanich, BC - Multifamily for Sale

Tiller + Grace - 5229 Cordova Bay Rd

Saanich, BC V8Y 2L1

  • Retail for Sale
  • $750,000 CAD
  • 979 SF
  • 1 Unit Available
  • Bicycle Storage
  • Kitchen

Saanich Multifamily for Sale

Offered at $750,000, this boutique commercial unit presents a compelling opportunity for owner-users or investors seeking a foothold in one of Victoria’s most affluent and rapidly growing coastal communities. The surrounding area boasts an average household income of $173,040 within a 1 km radius and is projected to see a 26% population increase by 2028. Approximately 6,000 vehicles pass the nearby intersection of Cordova Bay Road and Fenn Avenue daily, ensuring strong visibility and customer access. Located within a high-quality mixed-use development and steps from the beach, this property combines lifestyle appeal with strategic commercial viability. Whether launching a café, retail concept, or professional office, this space offers the infrastructure, location, and demographic support to thrive.

Contact:

CBRE, Limited

Property Subtype:

Apartment

Date on Market:

2025-08-08
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More details for Heron’s Landing – Multifamily for Sale, Victoria, BC

Heron’s Landing

  • Multifamily for Sale
  • 86,751 SF
  • 2 Multifamily Properties

Victoria Portfolio of properties for Sale

CBRE Limited is pleased to present for sale 3185 Tillicum Road and 275 Burnside Road West in Saanich, BC. These two modern and energy efficient multi-family buildings were constructed in 2013 to an exceptionally high standard. With 104 residential units plus a 2,540 SF commercial space the offering represents a ‘like new’ investment opportunity priced well below what it would cost to construct today. Situated in a region identified as a growth opportunity by Saanich and a provincial transitoriented area (TOA), investors will benefit from rental rates that still possess a 23.6% spread to current market rates in an area that has significant room for rental growth.

Contact:

CBRE, Limited

Property Subtype:

Multi Family

Date on Market:

2025-04-16
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Multifamily Properties for Sale Within 10 kilometers of Saanich

More details for 1310 Saunders St, Esquimalt, BC - Multifamily for Sale

Harbourscape - 1310 Saunders St

Esquimalt, BC V9A 4Y4

  • Multifamily for Sale
  • 62,256 SF
  • Air Conditioning
  • Bicycle Storage
  • Security System
  • Car Charging Station
  • 24 Hour Access
  • Fitness Center
  • Controlled Access

Esquimalt Multifamily for Sale

Macdonald Commercial and WestUrban Developments are pleased to offer for sale, Harbourscape, located at 1310 Saunders St, Esquimalt, BC. Harbourscape is situated in the rapidly growing and vibrant municipality of Esquimalt, steps away from the ocean, CFB Esquimalt Naval Base, retail shops, banks, schools, parks and a myriad of additional community amenities. This premium apartment building has 72 units made up of a practical suite mix of 1, 2 and 3-bedroom units. There are a multitude of high-end features including a fitness center, secured underground parking, storage units, dog wash, and bike room with wash. Furthermore, Harbourscape is built to Step Code 3, ensuring reduced OpEx and efficient/effective operations. The Property is held in bare trust, allowing prospective suitors to save on property transfer tax. This opportunity is a strategic, top tier investment undoubtedly positioned for longstanding capital appreciation and secure rental income.

Contact:

Macdonald Commercial

Property Subtype:

Apartment

Date on Market:

2025-02-10
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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

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 1101-1109 Fort St, Victoria, BC - Multifamily for Sale

Black and White - 1101-1109 Fort St

Victoria, BC V8V 3K9

  • Retail for Sale
  • 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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LoopNet Canada British Columbia Multifamily Properties For Sale in Saanich, BC, Canada

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Multifamily Properties for Sale in Saanich

View All Available Listings
How many multifamily properties are available for sale in Saanich?
There are currently 6 multifamily properties available for sale in Saanich, offering a unique opportunity for businesses to establish a presence.
How big are the multifamily properties available for sale in Saanich?
The average size of multifamily properties available for sale in Saanich is about 34,033 SF. The largest multifamily properties available to buy is 86,751 SF and the smallest is 979 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 Saanich?
The average market cap rate for multifamily properties for sale is about 5.44% based on data provided in Saanich. Learn more about how cap rates are calculated.
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