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Apartment Buildings for Sale in Victoria, Nanaimo, Campbell River and across Vancouver Island

Apartment Buildings in Duncan BC and the Cowichan Valley

Sales History 2018 and Earlier

 Before you buy or sell an apartment block in Duncan 
Call André at 250-940-2713 
The following research and information is provided compliments of André. The tables show the following variables for apartment building sales in Duncan and the Cowichan Valley: 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.
Note: When calculating number of rooms the following numbers are used to correspond to the suite mix of the building: Bachelor = 2.5 rooms, One Bedroom = 3.5 rooms, Two Bedroom = 4.5 rooms, Three Bedroom = 5.5 rooms and Den = .5 rooms 
Duncan Apartment Buildings for Sale that Sold in 2018 and 2017
Sale Date

Sale PriceAddress

Building Name


Acres
Year Built

Total

 Suites

Total

Rooms

$ per Suite

$ per Room

Cap
Rate
02/2018659,0002704 Vian Stx.43Older625109,833
26,360
x











 

04/2017


3,350,0001094 Marchmont Rd

Crestwood 

Townhomes

x197629159.5115,517
21,003
5.7

09/2017

5,196,3322548 Lewis St

Westwind Manor

x199651210.5101,888
24,685
x

09/2017

4,323,4832551 Alexander St

Holly House

x199043174.5100,546
24,776
x

12/2017

3,470,0005801 Alderlea St

Sharron Apts

x197434146102,058
23,767
x

Cowichan Valley Apartment Buildings that Sold in 2018 and 2017

Sale Date

Sale Price

Building Name and Address

City


Acres
Year
Built

Total Suites

Total Rooms

$ per Suite

$ per Room

Cap Rate

03/2018
1,210,000
North Shore Manor
28-30 North Shore Rd
Cowichan Lake
.34
19631346.593,076
26,021
x










01/2017

1,235,000

The Convent School

210 Buller St

Ladysmith

.441910
Reno

11

41.5

112,272

29,759 x
Duncan Apartment Buildings for Sale that Sold in 2014

Sale Date

Building Name

Address

Age

# of Suites

Selling Price

$ per Suite

Cap Rate

04/2014

Woodland Gardens

3048 Cowichan Lake Rd

1975

56

3,200,000

57,142

1/2 vacant

12/2014

Gala Vista Apartments

1020 - 1030 Government St

1975

98

5,478,000

55,900

 

12/2014

Palmdale Apartments

681 Government St

1965

33

1,512,000

55,900

 

12/2014

Tweedsmuir Manor

2974 Sherman Rd

1974

48

1,995,000

41,566