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 : August 4, 2020

Greater Victoria Apartment Building Sales in 2020 and 2019

Click to view Greater Victoria sales to date during 2020 ( 6 sales )

City

Sales  Date

Building Name / Address

Sale Price / $ per Suite

Total Suites

Cap Rate

Acres / Yr Built

Notes
 Saanich01/02Evergreen Estates 7701 East Saanich Rd3,100,000 310,000104.2

.92

1980

all 3 bdrms with 2 bathrooms

Victoria

01/022705 Cook St

3,300,000

206,250

16X.24 1946 

Esquimalt

01/03841 Kindersley Rd

2,025,900

168,852

12X

.27

1969

 

Saanich

01/044050 Douglas St

4490000

224500

20 

X

2011

Strata titled

Esquimalt

01/05

Dunsmuir House

803 Esquimalt Rd

5,600,000

200,000

284.2

.56

1976

 

Victoria

01/05

Winston Apts

235 Cook st

3,750,000

375,000

10X

.23

1950

 

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

Sale DateCity
Sale Price
Building Name
Address
AcresYear Built

Total

suites

$ per SuiteCap rate
01/2019Victoria
1,200,000
1163 View St.18Circa
1960
8150,000x
02/2019Langford
42,250,000
Millstream ridge
713-715 Treanor Ave
1.942019132320,075x
02/2019Esquimalt
1,900,000
West End Apts
1177 Esquimalt Rd
.18195111172,727x
04/2019Victoria
3,000,000
Daytona Apts
635 Battery st
.19195911272,7274.9
04/2019Victoria
2,927,784
69 Burnside Rd West.36197416182,9864.7
05/2019Victoria
33,000,000
1488 Cook St.52018134
7860 sq.ft. Comm
XX
05/2019Victoria
22,700,000
Sir Francis Drake
335-337 St.James St.
1.47197395238,000x
05/2019Esquimalt
4,000,000
Columbia Apts
850 Admirals rd
.5196420200,0004.1
05/2019Esquimalt
19,100,000
Dunsmuir House
831 Dunsmuir rd
1.71196885224,7053.7
05/2019Victoria
11,000,000

Rockmeare Manor
1144 Rockland Ave
.73197245244,444X
06/2019Victoria
18,000,000
Albion Court1.12197271253,521X
06/2019Esquimalt
7,000,000
Tiffany Centre
901 Esquimalt Rd
.40197018 stes
7 Commercial

280,000x
06/2019Brentwood bay
6,700,000
Brentwood Villa
7088 Wallace Dr
1.45197734197,0583.97
06/2019Victoria
8,000,000
Fairview Manor
505 Trutch St
.60196734235,2943.9
06/2019Victoria
9,325,000
11 Paddon Ave.54196632291,406x
06/2019Oak Bay
3,300,000
Cranmore Crt
2100 Cadboro Bay Rd
.41195516206,250x
06/2019Victoria
1,275,000
201 Montreal st..1419434318,750x
06/2019Victoria
1,990,000
370 Richmond Ave..1319476331,6663.4
06/2019Oak Bay
3,500,000
Wallmere Apts
2180 Haultain St
.22195511318,1824.69
06/2019Langford
9,578,616
Village Walk West Apts
778 Hockley Ave

.20201633290,2614.59
06/2019Langford
8,361,674
Village Walk West Apts
784 Hockley Ave
.19201529288,3334.76
06/2019Langford
6,608,402
Village Walk West Apts
790 Hockley Ave
.23201424275,3504.28
06/2019Langford
6,495,145
Robert’s Landing
772 hockley Ave
.18201520324,7574.34
06/2019Victoria
6,525,000
Summer Hill
260 Michigan St
.49197524271875x
07/2019Saanich
2,368,750
Islander Apts
944 Tattersall Drive
.30196712197,750x
08/2019Victoria
2,850,000
Benjamin Apts
1711 Duchess St
.271901
Reno
16178,125x
08/2019Saanich
32,700,000
Verve
433 Boleskine Rd
.43201995/100
plus 5,700 SF Comm
327,000x
09/2019Esquimalt
3,325,000
Comerford Arms
1253 Esquimalt Rd
.331977Residential
Commercial
158,333x
10/2019Victoria
1,876,000
1276 Richardson St.1719158234,500x
10/2019Victoria
3,150,000
Oak Heights
1585 Oak Bay Ave.
.24196813242,307x
10/2019Victoria
3,175,000
1205 Rudlin St.28197513244,230x
10/2019Victoria
5,873,000
Sir Winston Churchill
850 Rupert Terrace
.32198724244,708x
10/2019Victoria
9,743,000
Arlington Court
430 Michigan St
.34196746211,804x
10/2019Esquimalt
3,435,500
Kathlynn
639 Constance Ave
.36196319180,815x
10/2019Esquimalt
4,394,000
Eastwood
646 Admirals Rd
.57195823191,043x
10/2019Langford
31,300,000
Danbrook One
2766 Claude Rd.
X201890347,778X
10/2019Langford
9,223,000
Roberts Place
777 Hockley Ave
X201630307,4334.65
11/2019Victoria
3,350,000
Vanguard
283 Michigan St
.34195510335,000x
11/2019Victoria
4,300,000
Carmela Court
805 Cook St
.33196021204,7612.5
11/2019Esquimalt
1,825,000
612 Fernhill Rd.3319958228,1253.16
11/2019Victoria
5,150,000
Sanvia
250 Oswego St
.33196421245,238X
12/2019Langford
21,024,555
Hockley Corner
765 Hockley ave
X201563333,723X
12/2019Victoria
10,425,000
Pembroke Place
830 Pembroke St
.67197542 Suites
4 commercial
226,6304.3
12/2019Victoria
Shares
Sea View Towers
450 Dallas Rd
.73196373 X
12/2019View Royal
$54,000,000
Christie Point Apts
3037 Craigowan Rd
151963161XX

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
Duncan03/2020

Crestwood 

1094 Marchmont Rd

6,265,000

216,034

29X

1.99

1976

Townhouses
Duncan03/2020320 Coronation Ave

1,725,000

156,818

114

.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 ( 2 sales )

Sale DateBuilding Name / Address

Sale Price

$ per Suite

Total Suites

Cap Rate

Acres / Yr Built

Notes
02/2020Newcastle Apts    235 Mt Benson St1,675,000152,27211X.20 / 19606-one bdrm 5- 2 bdrm
02/2020

Sherwood Court

30 Mt Benson St

1,955,000130,33315X.40/1956X
        
        
        

Click for Nanaimo 2019 sales ( 7 sales )

Sale DateSale priceBuilding Name AddressAcresYear BuiltTotal Suites$ per SuiteCap RateNotes
02/20193,295,000Prideaux Apartments
116 Prideaux St Nanaimo
.4047198127122,037xStrata Titled
02/20193,500,000Harbour Hills Apts
250 Victoria Rd
.45197332109,3755.37New Roof
07/20193,400,000The Highlands
2502 Highland Blvd
1.1196521161,90452 storey townhouses
10/20198,100,000Georgia Ave Apts
858 Georgia ave
.8201927300,000XBought by a
Housing Society
11/20191,050,0001701 Boundary Ave.36X7150,0005.26X
12/20193,200,000Sea Wind Apts
333 Vancouver Ave
.4197524133,333XX
12/2019Share
purchase
Lynburn Apts
1840 Argyle Ave
1.33196329Share purchaseXX
         

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

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

CitySales 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 DateSale PriceBuilding Name AddressAcresYear BuiltTotal Suites$ per SuiteCap RateNotes
09/2019800,000Morison Manor
290 Morison Ave
.3219757114,2854.106 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 DateSale PriceBuilding Name AddressAcresYear BuiltTotal Suites$ per SuiteCap RateNotes
Courtenay        
02/20201,494,000439 21 St.3620138186,750X2 bdrm townhouses with ensuite laundry
         

Courtenay Apartment Building Sales in 2019

Click to view 2019 sales in Courtenay ( 2 sales )

Sale DateSale PriceBuilding Name AddressAcresYear BuiltTotal Suites$ per SuiteCap RateNotes
06/20192,125,000Blue Jay Apts
450 19 St
.53196417125,0005.18Townhouses
07/20193,100,000Torry Pines
1560 13 St
.19197824129,1665.3Townhouses
         

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 DateBuilding Name / AddressSale Price$ per SuiteTotal SuitesCap RateAcres / Yr BuiltNotes
02/2020

Terrace View

5038 Montrose St

910,00091,00010X

.32

1960

 
        
        

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

Sale DateSale PriceBuilding Name AddressAcresYear BuiltTotal Suites$ per SuiteCap RateNotes
02/20191,035,000Sunny Apartments  4306 11 Ave.481960’s1194,0905.2 
         
         

Campbell River Apartment Buildings in 2020 and 2019

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

Sale DateBuilding Name / AddressSale Price $ per SuiteTotal SuitesCap RateAcres / Yr BuiltNotes
02/2020

Creekside Terrace

535 Rockland Rd

3,120,000111,42828X

.99

1995

 
02/2020

635 8 Ave

667 8 Ave

794 Dogwood St

5,800,000223,07626X2/2015Mix of 4 and 8 plexs 2 and 3 bdrms
        

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

Sale DateSale PriceBuilding Name AddressAcres / YR BuiltTotal Suites$ per SuiteCap RateNotes
04/20191,725,000521 7 Ave

.41 1962

2478,4095.46x
05/20193,525,000Cobblestone Village
678 7th Ave
197426135,5766.1526 strata titled suites
all 3 bedrooms
07/20191,800,000Fleetwood Manor
321 North Island Hwy
.74 19919200,000 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 DateBuilding Name / AddressSale Price$ per SuiteTotal SuitesCap RateAcres / Yr BuiltNotes
No sales to date       
        
        

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

Sale DateSale PriceBuilding Name AddressYear BuiltTotal Suites$ per SuiteCap Rate
01/20191,495,000North Island Apartments
2593 Kingcome Pl
Circa 19793345,3037.50
       
       

Port Hardy Apartment Buildings that Sold in 2020 and 2019

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

Sale DateBuilding Name / AddressSale Price$ per SuiteTotal suitesCap RateAcres / Yr BuiltNotes
 no sales to date       
        
        

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

Sale DateSale PriceBuilding Name AddressAcresYear BuiltTotal Suites$ per SuiteCap RateNotes
04/2019800,000Creekside Apts
7340 Highland Drive
2.02 47  Due to fire in 2018 ,
Building taken down to studs inside