Apartment Buildings and Multi-family Property for Sale in Victoria, Nanaimo and Campbell River that Sold in 2019

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

Sales Research and Information compliments of André Beauregard

For 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.

To receive the most recent and up to date sales information of apartment buildings that have sold so far this year during 2020, you are invited to fill in your contact information below. Every month or two as sales are registered in the Land Titles Office, I will email you a newsletter with up-dated apartment building sales information similar to what data is shown below for 2019. I look forward to receiving your information.

Greater Victoria Apartment Buildings for Sale that Sold in 2019

Sale DateCity
Sale Price
Building Name
Address
AcresYear BuiltTotal suites$ per SuiteCap rateNotes
01/2019Victoria
1,200,000
1163 View St.18Circa
1960
8150,000xx
02/2019Langford
42,250,000
Millstream ridge
713-715 Treanor Ave
1.942019132320,075xSold to BC Housing for low to moderate income rentals
02/2019Esquimalt
1,900,000
West End Apts
1177 Esquimalt Rd
.18195111172,727x4.94
04/2019Victoria
3,000,000
Daytona Apts
635 Battery st
.19195911272,7274.9
04/2019Victoria
2,927,784
69 Burnside Rd West.36197416182,9864.712 suites, 4 commercial spaces
05/2019Victoria
33,000,000
1488 Cook St.52018134
7860 sq.ft. Comm
XXX
05/2019Victoria
22,700,000
Sir Francis Drake
335-337 St.James St.
1.47197395238,000x335 – 73 Stes
337 – 22 Stes
Off Market Sale
05/2019Esquimalt
4,000,000
Columbia Apts
850 Admirals rd
.5196420200,0004.1x
05/2019Esquimalt
19,100,000
Dunsmuir House
831 Dunsmuir rd
1.71196885224,7053.7Bare Trust
Share Purchase
05/2019Victoria
11,000,000

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

280,000xPrice per suite based on 25 units
06/2019Brentwood bay
6,700,000
Brentwood Villa
7088 Wallace Dr
1.45197734197,0583.97x
06/2019Victoria
8,000,000
Fairview Manor
505 Trutch St
.60196734235,2943.915 x 1 bdrm
19 x 2 bdrm
06/2019Victoria
9,325,000
11 Paddon Ave.54196632291,406xcorner lot waterfront views across Dallas Rd.
06/2019Oak Bay
3,300,000
Cranmore Crt
2100 Cadboro Bay Rd
.41195516206,250xIn house sale from individual to company
06/2019Victoria
1,275,000
201 Montreal st..1419434318,750xMulti-family conversion
06/2019Victoria
1,990,000
370 Richmond Ave..1319476331,6663.4Art deco bldg c/w recent updates in Fairfield
06/2019Oak Bay
3,500,000
Wallmere Apts
2180 Haultain St
.22195511318,1824.69Renovated 2018
06/2019Langford
9,578,616
Village Walk West Apts
778 Hockley Ave

.20201633290,2614.59Part of Sale of Portfolio of 3 Buildings
06/2019Langford
8,361,674
Village Walk West Apts
784 Hockley Ave
.19201529288,3334.76Part of Sale of Portfolio of 3 Buildings
06/2019Langford
6,608,402
Village Walk West Apts
790 Hockley Ave
.23201424275,3504.28Part of Sale of Portfolio of 3 Buildings
06/2019Langford
6,495,145
Robert’s Landing
772 hockley Ave
.18201520324,7574.345 stories
all 2 BDRM 2 Bath corner suites
06/2019Victoria
6,525,000
Summer Hill
260 Michigan St
.49197524271875xx
07/2019Saanich
2,368,750
Islander Apts
944 Tattersall Drive
.30196712197,750x4.12
08/2019Victoria
2,850,000
Benjamin Apts
1711 Duchess St
.271901
Reno
16178,125xx
08/2019Saanich
32,700,000
Verve
433 Boleskine Rd
.43201995/100
plus 5,700 SF Comm
327,000xCommercial space = to 5 suites 
09/2019Esquimalt
3,325,000
Comerford Arms
1253 Esquimalt Rd
.331977Residential
Commercial
158,333xx
10/2019Victoria
1,876,000
1276 Richardson St.1719158234,500xConversion reno
10/2019Victoria
3,150,000
Oak Heights
1585 Oak Bay Ave.
.24196813242,307xx
10/2019Victoria
3,175,000
1205 Rudlin St.28197513244,230x3.62
10/2019Victoria
5,873,000
Sir Winston Churchill
850 Rupert Terrace
.32198724244,708xx
10/2019Victoria
9,743,000
Arlington Court
430 Michigan St
.34196746211,804xx
10/2019Esquimalt
3,435,500
Kathlynn
639 Constance Ave
.36196319180,815xx
10/2019Esquimalt
4,394,000
Eastwood
646 Admirals Rd
.57195823191,043xx
10/2019Langford
31,300,000
Danbrook One
2766 Claude Rd.
X201890347,778XX
10/2019Langford
9,223,000
Roberts Place
777 Hockley Ave
X201630307,4334.65X
11/2019Victoria
3,350,000
Vanguard
283 Michigan St
.34195510335,000xx
11/2019Victoria
4,300,000
Carmela Court
805 Cook St
.33196021204,7612.5Significant upside for rents
11/2019Esquimalt
1,825,000
612 Fernhill Rd.3319958228,1253.16X
11/2019Victoria
5,150,000
Sanvia
250 Oswego St
.33196421245,238XX
12/2019Langford
21,024,555
Hockley Corner
765 Hockley ave
X201563333,723XX
12/2019Victoria
10,425,000
Pembroke Place
830 Pembroke St
.67197542 Suites
4 commercial
226,6304.3X
12/2019Victoria
Shares
Sea View Towers
450 Dallas Rd
.73196373
XShare purchase
12/2019View Royal
$54,000,000
Christie Point Apts
3037 Craigowan Rd
151963161XXHas additional land for development

Duncan Apartment Buildings for Sale that Sold in 2019

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 2019

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 Buildings for Sale that Sold in 2019

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 that Sold in 2019

Sale DateSale PriceBuilding Name AddressAcresYear BuiltTotal Suites$ per SuiteCap RateNotes
No sales  recorded to date

























Apartment Building Sales in Courtenay 2019

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 2019

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


















Apartment Buildings in Campbell River that Sold in 2019

Sale DateSale PriceBuilding Name AddressAcresYear BuiltTotal Suites$ per SuiteCap RateNotes
04/20191,725,000521 7 Ave.4119622478,4095.46x
05/20193,525,000Cobblestone Village
678 7th Ave
x197426135,5766.1526 strata titled suites
all 3 bedrooms
07/20191,800,000Fleetwood Manor
321 North Island Hwy
.7419919200,000
Oceanfront with four 3bdrms  and five 2 bdrms plus den









Port McNeill Apartment Buildings that Sold in 2019

Sale DateSale PriceBuilding Name AddressAcresYear BuiltTotal Suites$ per SuiteCap RateNotes
01/20191,495,000North Island Apartments
2593 Kingcome Pl
1.02Circa 19793345,3037.50


















Port Hardy Apartment Buildings that Sold in 2019

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