VICTORIA'S
MULTIFAMILY
APARTMENT BLOCK SALES

Greater Victoria has some of the lowest vacancy rates and highest rents in the country.

Apartments account for the majority of the housing stock (67.5%). Due to the age of our existing stock (majority 60’s/70’s) and increasing demand for rental housing, new rental housing development has surpassed that of strata developments in 2018.

Victoria is one of the hottest markets in the country for investing in multifamily rental apartment buildings.

LOOKING TO BUY?

VICTORIA'S
MULTIFAMILY
APARTMENT BLOCK SALES

Greater Victoria has some of the lowest vacancy rates and highest rents in the country.

Apartments account for the majority of the housing stock (67.5%). Due to the age of our existing stock ( majority 60’s/70’s) and increasing demand for rental housing, new rental housing development has surpassed that of strata developments in 2018.

Victoria is one of the hottest markets in the country for investing in multifamily rental buildings.

LOOKING TO BUY?

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Interactive Sold Map of Apartment Buildings

Map of investment sales of apartment buildings for

2017, 2018, and 2019 2020

Clickon Google map viewer below to change layers. Toggle sales by year. For more information on any particular transaction, please contact Dustin Miller.

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Dustin Miller

Helping Buyer's and Seller's navigate Victoria's real estate market.

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Greater Victoria Multifamily Transaction Statistics 2020

$256,800

Avg. Price Per Door

Buildings Transacted

1,090

Rental Suites Transacted

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Apartment Building Sales
Capital Region

A comprehensive list and map of multi-family apartment block transactions in Greater Victoria. The sale information is provided as a general guide only and may not capture every sale.

2020 Download Report

2019 Download Report

2018 Download Report

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List of multifamily transactions

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Muncipality:

Suites:

$/Unit:

Cap Rate %:

Year:

Address	Muncipality	Suites	Price	$/Unit	Cap Rate %	Year
710 Vancouver St	Victoria, BC	52	14,500,000			2021
23 Menzies	Victoria, BC	9	1,675,000		3.38%	2021
1841 Oak Bay Ave	Oak Bay, BC	36	9,970,000		3.39%	2021
647 Niagara	Victoria, BC	7	2,200,000			2021
1595 Rockland Ave	Victoria, BC	11	3,611,500			2021
418 Michigan St	Victoria, BC	32	8,200,000	256,250	3.25%	2021
1004 Pemberton Rd	Victoria, BC	6	1,850,000	308,333	4.44%	2021
1002 Pakington St	Victoria, BC	14	4,175,000	298,214		2021
1160 Richardson St	Victoria, BC	6	1,665,000	277,500		2021
133 Cook St	Victoria, BC	4	1,552,000	388,000		2021
1860 Cresent Rd	Victoria, BC	8	3,675,000	459,375	2.57%	2021
367 Burnside Rd E	Victoria, BC	5	1,337,500	267,500		2021
2160 Haultain St	Oak Bay, BC	7	2,025,000	289,286		2021
1860 Cresent Rd	Victoria, BC	8	3,675,000	459,375	2.57%	2021
2691 Peatt Rd	Langford, BC	6	2,300,000	383,333		2021
1301 Pandora Ave	Victoria, BC	13	2,750,000	211,538		2021
504 Selkirk Ave	Victoria, BC	6	1,365,000	227,500		2020
1004 Pemberton Road	Victoria, BC	6	1,850,000	308,333		2021
1026 Pemberton Road	Victoria, BC	6	1,200,000	200,000		2020
2691 Peatt Road	Langford, BC	6	2,300,000	383,333		2021
1154 Johnson St	Victoria, BC	48	20,500,000	427,083		2020
1910 West Park Lane	View Royal, BC	152	39,635,525	260,760		2020
837 Ellery St	Esquimalt, BC	40	7,600,000	190,000		2020
1430 Stadacona Ave	Victoria, BC	44	11,178,000	254,045		2020
1955 Ashgrove St	Victoria, BC	42	9,522,000	226,714		2020
945 Reunion Ave	Langford, BC	154	60,000,000	389,610		2020
2861 Craigowan Rd	View Royal, BC	161	54,000,000	335,404		2020
1085 Goldstream Ave	Langford, BC	166	52,050,000	313,554		2020
650 Speed Ave	Saanich, BC	24	3,750,000	156,250		2020
1015 Cook St	Victoria, BC	5	1,300,000	260,000		2020
101 Menzies St	Victoria, BC	12	2,650,000	220,833		2020
1369 Rockland Ave	Victoria, BC	9	2,000,000	222,222		2020
465 Niagara St	Victoria, BC	42	10,000,000	238,095		2020
520 Rithet St	Victoria, BC	36	6,400,000	177,778		2020
1140 Tattersall Dr	Saanich, BC	7	1,500,000	214,286		2020
202 Linden Avenue	Victoria, BC	10	3,700,000	370,000	3.32%	2020
7701 East Saanich Rd	Central Saanich, BC	10	3,100,000	310,000	4.14%	2020
841 Kindersley Rd	Esquimalt, BC	11	2,025,900	184,173	4.30%	2020
235 Cook St	Victoria, BC	12	3,750,000	312,500	3.38%	2020
803 Esquimalt Road	Esquimalt, BC	27	5,600,000	207,407	4.20%	2020
4050 Douglas St	Saanich, BC	20	4,490,000	224,500		2020
2705 Cook Street	Victoria, BC	13	3,300,000	253,846	2.30%	2020
2850 Bryn Maur Rd	Langford, BC	93	30,525,000	328,226		2020
805 Cook Street	Victoria, BC	21	4,300,000	204,762	2.47%	2019
1711 Duchess St	Victoria, BC	16	2,850,000	178,125		2019
450 Dallas Road	Victoria, BC	73	24,000,000	328,767		2019
830 Pembroke St	Victoria, BC	42	11,000,000	261,905	4.06%	2019
250 Oswego St	Victoria, BC	21	5,150,000	221,432		2019
283 Michigan St	Victoria, BC	10	3,350,000	335,000		2019
430 Michigan St	Victoria, BC	44	9,743,000	221,432		2019
850 Rupert Terrace	Victoria, BC	24	5,873,000	244,708		2019
1205 Rudlin Street	Victoria, BC	13	3,175,000	244,231	3.62%	2019
1163 View St	Victoria, BC	8	1,200,000	150,000		2019
335 St James St	Victoria, BC	93	22,700,000	244,086		2019
635 Battery St	Victoria, BC	11	3,000,000	272,727	4.90%	2019
370 Richmond Ave	Victoria, BC	6	1,990,000	331,667	3.40%	2019
505 Trutch Street	Victoria, BC	34	8,000,000	235,294	3.99%	2019
11 Paddon Ave	Victoria, BC	32	9,325,000	291,406		2019
260 Michigan St	Victoria, BC	24	6,525,000	271,875		2019
1121 Collinson St	Victoria, BC	4	1,500,000	375,000		2019
582 St. Charles St	Victoria, BC	5	2,000,000	400,000		2019
1585 Oak Bay Ave	Victoria, BC	13	3,150,000	242,308		2019
1550 Begbie St	Victoria, BC	12	2,715,430	226,286		2019
1144 Rockland Ave	Victoria, BC	45	11,000,000	244,444		2019
69 Burnside Road West	Saanich, BC	16	2,927,784	182,987	4.70%	2019
433 Boleskine Road	Saanich, BC	95	32,700,000	344,211		2019
944 Tattersall Dr	Saanich, BC	12	2,368,750	197,396	4.12%	2019
2100 Cadboro Bay Rd	Oak Bay, BC	16	3,300,000	206,250		2019
2180 Haultain St	Oak Bay, BC	11	3,500,000	318,182	4.69%	2019
646 Admirals Road	Esquimalt, BC	23	4,394,000	191,043		2019
639 Constance Ave	Esquimalt, BC	19	3,435,500	180,816		2019
850 Admirals Road	Esquimalt, BC	20	4,000,000	200,000	4.10%	2019
901 Esquimalt Road	Esquimalt, BC	18	7,000,000	388,889		2019
1177 Esquimalt Rd	Esquimalt, BC	11	1,900,000	172,727	4.94%	2019
831 Dunsmuir Road	Esquimalt, BC	85	19,100,000	224,706	3.70%	2019
1253 Esquimalt Rd	Esquimalt, BC	21	3,325,000	158,333		2019
612 Fernhill Rodad	Esquimalt, BC	8	1,825,000	228,125	3.16%	2019
713 Treanor Ave	Langford, BC	132	42,250,000	320,076		2019
301 Nursery Hill Dr.	View Royal, BC	72	26,500,000	368,056		2019
765 Hockley Avenue	Langford, BC	63	21,024,555	333,723		2019
790 Hockley Ave	Langford, BC	24	6,608,400	275,350	4.28%	2019
784 Hockley Ave	Langford, BC	29	8,361,674	288,334	4.76%	2019
778 Hockley Ave	Langford, BC	33	9,578,616	290,261	4.59%	2019
772 Hockley Ave	Langford, BC	20	6,495,145	324,757	4.34%	2019
777 Hockley Ave	Langford, BC	30	9,223,000	307,433	4.65%	2019
2766 Claude Road	Langford, BC	90	31,300,000	347,778		2019
2699 Peatt / 728 Meaford Ave	Langford, BC	187	57,000,000	304,813		2019
7088 Wallace Dr	Central Saanich, BC	34	6,700,000	197,059	3.97%	2019
9960 Third St	Sidney, BC	8	2,278,498	284,812		2019
645 Battery St	Victoria, BC	4	1,250,000	0		2018
636 Simcoe St	Victoria, BC	4	1,246,250	311,563		2018
1148 Oscar St	Victoria, BC	9	1,775,000	197,222		2018
1044 Hillside Ave	Victoria, BC	8	2,400,000	300,000		2018
2220 Cook St	Victoria, BC	10	1,100,000	110,000		2018
217 Cook St	Victoria, BC	6	2,250,000	375,000		2018
1131 Collinson St	Victoria, BC	6	2,175,000	362,500		2018
920 Hillside Ave	Victoria, BC	12	3,200,000	266,667		2018
531 Linden Ave	Victoria, BC	4	1,800,000	450,000		2018
819 Yates St	Victoria, BC	209	0	0		2018
959 Balmoral Rd	Victoria, BC	14	975,000	69,643		2018
1050 Pandora Ave	Victoria, BC	11	8,430,330	766,394		2018
2566 Prior St	Victoria, BC	4	1,200,000	300,000		2018
647 Niagara St	Victoria, BC	7	1,650,000	235,714		2018
820 Fisgard St	Victoria, BC	31	920,000	29,677		2018
2010 Fernwood Rd	Victoria, BC	6	2,000,000	333,333		2018
85 Burnside Rd W	Saanich, BC	12	2,850,000	237,500		2018
2180 Haultain St	Oak Bay, BC	11	2,300,000	209,091		2018
611 Admirals Rd	Esquimalt, BC	25	4,150,000	176,000		2018
691-697 Hoylake Rd	Langford, BC	148	0	0		2018
9972 Third St	Sidney, BC	12	1,167,000	92,250		2018
925 Esquimalt Rd	Esquimalt, BC	46	8,493,495	184,641		2018
843 Craigflower	Esquimalt, BC	47	8,783,945	186,892		2018
866 Craigflower	Esquimalt, BC	73	13,761,144	188,509		2018
3220 Quadra	Saanich, BC	142	34,500,000	242,958		2018
626 Dallas	Victoria, BC	31	8,250,000	266,129		2018
1340 Sussex	Esquimalt, BC	39	7,246,416	185,806		2018
2433 Malaview	Sidney, BC	60	14,400,000	240,000		2018
713-715 Treanor Ave	Langford, BC	132	42,250,000	320,076		2018
467 Lampson St	Esquimalt, BC	39	7,225,000	185,256		2018
	Muncipality	Suites		$/Unit	Cap Rate %	Year
		∑ = 4,176	∑ = 1,057,843,357	∑ = 29,779,549
		Avg = 35.09	Avg = 8,889,439.97	Avg = 261,224.11

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Interactive Sold Map of Apartment Buildings