Apartment Buildings for Sale that Sold on Vancouver Island

Including sales history of apartment buildings for sale that sold in Victoria, Nanaimo, Campbell River, Duncan and the  Cowichan Valley, Port Alberni, Esquimalt, Oak Bay, Saanich, Sydney, View Royal, Colwood, Langford, Sooke, Parksville, Qualicum Beach, Courtenay, Comox, Port McNeill, and Port Hardy on Vancouver Island.

Multi-family Property Sales Research and Information compliments of André Beauregard

Call me first at 250-940-2713 when you are ready to buy or sell an apartment building on Vancouver Island! 

For 2020 and 2019, the tables below show the following variables for apartment building sales across Vancouver Island: sale date, building name, address, city, year built, total number of suites, sale price, price per suite and capitalization rate. Note that these sales may not include share transfer sales or other sales where the number of units or price is not verifiable. Sales of smaller multi-family investment property of  10 units or less may also not be included.

 

Last  up date :November  24, 2020

 

Greater Victoria Apartment Building Sales in 2020 and 2019

 

Click to view Greater Victoria sales to date during 2020 ( 11 sales )

City

Sales  Date

Building Name / Address

Sale Price / $ per Suite

Total Suites

Cap Rate

Acres / Yr Built

Notes
 Saanich 01/02 Evergreen Estates 7701 East Saanich Rd 3,100,000 310,000 10 4.2

.92

1980

all 3 bdrms with 2 bathrooms

Victoria

01/02 2705 Cook St

3,300,000

206,250

16 X .24 1946  

Esquimalt

01/03 841 Kindersley Rd

2,025,900

168,852

12 X

.27

1969

 

Saanich

01/04 4050 Douglas St

4490000

224500

20  

X

2011

Strata titled

Esquimalt

01/05

Dunsmuir House

803 Esquimalt Rd

5,600,000

200,000

28 4.2

.56

1976

 

Victoria

01/05

Winston Apts

235 Cook st

3,750,000

312,500

12 X

.23

1950

 

Victoria

07/16

Briarwood Manor

465 Niagara St

10,000,000

232,558

43 X

.60

1971

 

Victoria

07/31

101 Menzies St

2,650,000

220,000

12 X

.15

1950

Older walk up

Esquimalt

08/26

Ellery St Apartments

837 Ellery St

7,600,000

190,000

40 X

.78

1975

 

Victoria

09/01

1015 Cook St

1,300,000

216,666

6 X

.17

1908

Property purchased as a redevelopment site with an adjoining property

Victoria

09/17

202 Linden Ave.

3,700,000

370,000

10 X

.11

 

Click to view Greater Victoria sales in 2019 ( 44 sales )

Sale Date City
Sale Price
Building Name
Address
Acres Year Built

Total

suites

$ per Suite Cap rate
01/2019 Victoria
1,200,000
1163 View St .18 Circa
1960
8 150,000 x
02/2019 Langford
42,250,000
Millstream ridge
713-715 Treanor Ave
1.94 2019 132 320,075 x
02/2019 Esquimalt
1,900,000
West End Apts
1177 Esquimalt Rd
.18 1951 11 172,727 x
04/2019 Victoria
3,000,000
Daytona Apts
635 Battery st
.19 1959 11 272,727 4.9
04/2019 Victoria
2,927,784
69 Burnside Rd West .36 1974 16 182,986 4.7
05/2019 Victoria
33,000,000
1488 Cook St .5 2018 134
7860 sq.ft. Comm
X X
05/2019 Victoria
22,700,000
Sir Francis Drake
335-337 St.James St.
1.47 1973 95 238,000 x
05/2019 Esquimalt
4,000,000
Columbia Apts
850 Admirals rd
.5 1964 20 200,000 4.1
05/2019 Esquimalt
19,100,000
Dunsmuir House
831 Dunsmuir rd
1.71 1968 85 224,705 3.7
05/2019 Victoria
11,000,000

Rockmeare Manor
1144 Rockland Ave
.73 1972 45 244,444 X
06/2019 Victoria
18,000,000
Albion Court 1.12 1972 71 253,521 X
06/2019 Esquimalt
7,000,000
Tiffany Centre
901 Esquimalt Rd
.40 1970 18 stes
7 Commercial

280,000 x
06/2019 Brentwood bay
6,700,000
Brentwood Villa
7088 Wallace Dr
1.45 1977 34 197,058 3.97
06/2019 Victoria
8,000,000
Fairview Manor
505 Trutch St
.60 1967 34 235,294 3.9
06/2019 Victoria
9,325,000
11 Paddon Ave .54 1966 32 291,406 x
06/2019 Oak Bay
3,300,000
Cranmore Crt
2100 Cadboro Bay Rd
.41 1955 16 206,250 x
06/2019 Victoria
1,275,000
201 Montreal st. .14 1943 4 318,750 x
06/2019 Victoria
1,990,000
370 Richmond Ave. .13 1947 6 331,666 3.4
06/2019 Oak Bay
3,500,000
Wallmere Apts
2180 Haultain St
.22 1955 11 318,182 4.69
06/2019 Langford
9,578,616
Village Walk West Apts
778 Hockley Ave

.20 2016 33 290,261 4.59
06/2019 Langford
8,361,674
Village Walk West Apts
784 Hockley Ave
.19 2015 29 288,333 4.76
06/2019 Langford
6,608,402
Village Walk West Apts
790 Hockley Ave
.23 2014 24 275,350 4.28
06/2019 Langford
6,495,145
Robert’s Landing
772 hockley Ave
.18 2015 20 324,757 4.34
06/2019 Victoria
6,525,000
Summer Hill
260 Michigan St
.49 1975 24 271875 x
07/2019 Saanich
2,368,750
Islander Apts
944 Tattersall Drive
.30 1967 12 197,750 x
08/2019 Victoria
2,850,000
Benjamin Apts
1711 Duchess St
.27 1901
Reno
16 178,125 x
08/2019 Saanich
32,700,000
Verve
433 Boleskine Rd
.43 2019 95/100
plus 5,700 SF Comm
327,000 x
09/2019 Esquimalt
3,325,000
Comerford Arms
1253 Esquimalt Rd
.33 1977 Residential
Commercial
158,333 x
10/2019 Victoria
1,876,000
1276 Richardson St .17 1915 8 234,500 x
10/2019 Victoria
3,150,000
Oak Heights
1585 Oak Bay Ave.
.24 1968 13 242,307 x
10/2019 Victoria
3,175,000
1205 Rudlin St .28 1975 13 244,230 x
10/2019 Victoria
5,873,000
Sir Winston Churchill
850 Rupert Terrace
.32 1987 24 244,708 x
10/2019 Victoria
9,743,000
Arlington Court
430 Michigan St
.34 1967 46 211,804 x
10/2019 Esquimalt
3,435,500
Kathlynn
639 Constance Ave
.36 1963 19 180,815 x
10/2019 Esquimalt
4,394,000
Eastwood
646 Admirals Rd
.57 1958 23 191,043 x
10/2019 Langford
31,300,000
Danbrook One
2766 Claude Rd.
X 2018 90 347,778 X
10/2019 Langford
9,223,000
Roberts Place
777 Hockley Ave
X 2016 30 307,433 4.65
11/2019 Victoria
3,350,000
Vanguard
283 Michigan St
.34 1955 10 335,000 x
11/2019 Victoria
4,300,000
Carmela Court
805 Cook St
.33 1960 21 204,761 2.5
11/2019 Esquimalt
1,825,000
612 Fernhill Rd .33 1995 8 228,125 3.16
11/2019 Victoria
5,150,000
Sanvia
250 Oswego St
.33 1964 21 245,238 X
12/2019 Langford
21,024,555
Hockley Corner
765 Hockley ave
X 2015 63 333,723 X
12/2019 Victoria
10,425,000
Pembroke Place
830 Pembroke St
.67 1975 42 Suites
4 commercial
226,630 4.3
12/2019 Victoria
Shares
Sea View Towers
450 Dallas Rd
.73 1963 73   X
12/2019 View Royal
$54,000,000
Christie Point Apts
3037 Craigowan Rd
15 1963 161 X X

Duncan Apartment Building Sales and Cowichan Valley Apartment Building Sales in 2020

Click to view Cowichan Valley sales to date in 2020 ( 2 sales )

City

Sale Date

Building Name /Address

Sale Price / $ per Suite

Total Suites

Cap Rate

Acres / Yr Built

Notes
Duncan 03/2020

Crestwood 

1094 Marchmont Rd

6,265,000

216,034

29 X

1.99

1976

Townhouses
Duncan 03/2020 320 Coronation Ave

1,725,000

156,818

11 4

.50

1957

X
               
               
               
               
               

Click to view Duncan u0026amp; Cowichan Valley sales in 2019 ( no sales )

Sale Date
Sale Price
Building Name Address
Acres
Year Built
Total suites
$ per Suite
Cap Rate
Notes
No sales recorded  to date
               
                 

Nanaimo Apartment Buildings for Sale that Sold in 2020 and 2019

Click to view Nanaimo sales to date in 2020 ( 3 sales )

Sale Date Building Name / Address

Sale Price

$ per Suite

Total Suites

Cap Rate

Acres / Yr Built

Notes
02/2020 Newcastle Apts    235 Mt Benson St 1,675,000 152,272 11 X .20 / 1960 6-one bdrm 5- 2 bdrm
02/2020

Sherwood Court

30 Mt Benson St

1,955,000 130,333 15 X .40/1956 X
10/2020

Forest Glen

4451 Wellington Rd

6,298,000 198,848 33 X 2.79/1991  
               
               

Click for Nanaimo 2019 sales ( 7 sales )

Sale Date Sale price Building Name Address Acres Year Built Total Suites $ per Suite Cap Rate Notes
02/2019 3,295,000 Prideaux Apartments
116 Prideaux St Nanaimo
.4047 1981 27 122,037 x Strata Titled
02/2019 3,500,000 Harbour Hills Apts
250 Victoria Rd
.45 1973 32 109,375 5.37 New Roof
07/2019 3,400,000 The Highlands
2502 Highland Blvd
1.1 1965 21 161,904 5 2 storey townhouses
10/2019 8,100,000 Georgia Ave Apts
858 Georgia ave
.8 2019 27 300,000 X Bought by a
Housing Society
11/2019 1,050,000 1701 Boundary Ave .36 X 7 150,000 5.26 X
12/2019 3,200,000 Sea Wind Apts
333 Vancouver Ave
.4 1975 24 133,333 X X
12/2019 Share
purchase
Lynburn Apts
1840 Argyle Ave
1.33 1963 29 Share purchase X X
                 

Parksville Apartment Building Sales and Qualicum Beach Sales in 2020 and 2019

Click to view sales to date in 2020 ( no sales )

City Sales Date

Building Name / Address

Sale Price / $ per Suite

Total  Suites

Cap Rate

Acres / Yr Built

Notes
No sales to date              
               
               

Click to view Parksville sales in 2019 (1 sale )

Sale Date Sale Price Building Name Address Acres Year Built Total Suites $ per Suite Cap Rate Notes
09/2019 800,000 Morison Manor
290 Morison Ave
.32 1975 7 114,285 4.10 6 2bdrm &
1 Bach( illegal )
2 bthrms each ste
900-1000 sq.ft.
                 
                 

Apartment Buildings for Sale in Comox and Courtenay in 2020

Click to view sales in Comox and Courtenay during 2020 ( 1 sale)

Sale Date Sale Price Building Name Address Acres Year Built Total Suites $ per Suite Cap Rate Notes
Courtenay                
02/2020 1,494,000 439 21 St .36 2013 8 186,750 X 2 bdrm townhouses with ensuite laundry
                 

Courtenay Apartment Building Sales in 2019

Click to view 2019 sales in Courtenay ( 2 sales )

Sale Date Sale Price Building Name Address Acres Year Built Total Suites $ per Suite Cap Rate Notes
06/2019 2,125,000 Blue Jay Apts
450 19 St
.53 1964 17 125,000 5.18 Townhouses
07/2019 3,100,000 Torry Pines
1560 13 St
.19 1978 24 129,166 5.3 Townhouses
                 

Port Alberni Apartment Buildings for Sale that Sold in 2020 and 2019

Click to view Port Alberni sales to date in 2020 ( 1 sale )

Sale Date Building Name / Address Sale Price $ per Suite Total Suites Cap Rate Acres / Yr Built Notes
02/2020

Terrace View

5038 Montrose St

910,000 91,000 10 X

.32

1960

 
               
               

Click to view Port Alberni sales in 2019 ( 1 sale )

Sale Date Sale Price Building Name Address Acres Year Built Total Suites $ per Suite Cap Rate Notes
02/2019 1,035,000 Sunny Apartments  4306 11 Ave .48 1960’s 11 94,090 5.2  
                 
                 

Campbell River Apartment Buildings in 2020 and 2019

Click to view 2020 sales to date in Campbell River ( 2 sales )

Sale Date Building Name / Address Sale Price  $ per Suite Total Suites Cap Rate Acres / Yr Built Notes
02/2020

Creekside Terrace

535 Rockland Rd

3,120,000 111,428 28 X

.99

1995

 
02/2020

635 8 Ave

667 8 Ave

794 Dogwood St

5,800,000 223,076 26 X 2/2015 Mix of 4 and 8 plexs 2 and 3 bdrms
               

Click to view 2019 sales in Campbell River ( 3 sales )

Sale Date Sale Price Building Name Address Acres / YR Built Total Suites $ per Suite Cap Rate Notes
04/2019 1,725,000 521 7 Ave

.41 1962

24 78,409 5.46 x
05/2019 3,525,000 Cobblestone Village
678 7th Ave
1974 26 135,576 6.15 26 strata titled suites
all 3 bedrooms
07/2019 1,800,000 Fleetwood Manor
321 North Island Hwy
.74 1991 9 200,000   Oceanfront with four 3bdrms  and five 2 bdrms plus den
               

Port McNeill Apartment Building Sales in 2020 and 2019

Click to view sales in Port McNeill to date in 2020 ( no sales )

Sale Date Building Name / Address Sale Price $ per Suite Total Suites Cap Rate Acres / Yr Built Notes
No sales to date              
               
               

Click to view Port McNeill sales in 2019 ( 1 sale )

Sale Date Sale Price Building Name Address Year Built Total Suites $ per Suite Cap Rate
01/2019 1,495,000 North Island Apartments
2593 Kingcome Pl
Circa 1979 33 45,303 7.50
             
             

Port Hardy Apartment Buildings that Sold in 2020 and 2019

Click to view Port Hardy sales to date in 2020 ( no sales )

Sale Date Building Name / Address Sale Price $ per Suite Total suites Cap Rate Acres / Yr Built Notes
 no sales to date              
               
               

Click to view Port Hardy sales in 2019 ( 1 sale )

Sale Date Sale Price Building Name Address Acres Year Built Total Suites $ per Suite Cap Rate Notes
04/2019 800,000 Creekside Apts
7340 Highland Drive
2.02   47     Due to fire in 2018 ,
Building taken down to studs inside