List of Sold Multi-family Rental Properties across Vancouver Island  

Make sure to ask Andre for a list of sold apartment buildings for your area of interest. Andre can provide you with the sales history of sold apartment buildings and sold multi-family property in Greater Victoria, Victoria, Esquimalt, Oak Bay, Langford, View Royal, Saanich, Sidney, Colwood, Sooke, Cowichan Valley, Duncan, Chemainus, Ladysmith, Nanaimo, Parksville, Qualicum Beach, Port Alberni, Comox Valley, Courtenay, Comox, Campbell River, North Island, Port McNeill, Port Hardy on Vancouver Island.

Multi-family Property Sales Research        

Compliments of André Beauregard

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Are you thinking about buying or selling a multi-family property on Vancouver Island?  Do you want to know the selling prices of comparable apartment buildings for the urban area you are considering? If your answer is yes,  the following sales data for each urban area on Vancouver Island will give you some insight into the value of multi-family rental property for that area. The following information is provided to you courtesy of Andre Beauregard. Remember to keep me in mind when the time is right for you to buy or sell a multi-family rental property.

  • Share sales may or may not be reported
  • Apartment buildings with 7 or fewer suites may or may not be reported
  • New sales are added at the beginning of each month so check back monthly 

Click on the accordion bars below to view apartment buildings that sold in 2024 and 2023 across Vancouver Island 

Greater Victoria Apartment Building Sales

2024 Greater Victoria multi-family rental property sales —– 2 sales recorded to date

Sale DateAddressCitySale Price# of Suites$ per Suite Yr BuiltLand Sq FtBldg TypeNotes
15/013820 Shelbourne StVictoriaShare sale32N/A196540,512Apt BlkAsking price or $382,813 per door with 4.59% cap rate 
01/02860 Carrie StEsquimalt5,300,00016331,250197112,500Apt BlkSold to Lu’ma Native Housing Society with Provincial financial help
          
          
          
          
          
          
          

2023 Greater Victoria multi-family rental property sales —– 16 sales recorded

Sale Date

Address

City

Sale Price# of Suites$ per SuiteYr Built Land Sq FtBldg TypeNotes
04/012830 Peatt RdLangfordConfidential123

—-

2022 24,520Apt Bldg8,072 sq. ft. commercial on main floor
04/19

928  Bay St. 

Victoria2,347,50012

195,625  

1912  8.,746Apt Block7x1Bdrm  5x2Bdrm                 Cap Rate 4.8%
05/11919 Caledonia Av Victoria9,951,00019523,7362022 10,738Apt Block4 stories

06/20 Portfolio Sale

954-967 Dingley Dell & 7088 Wallace Dr

Esquimalt Brentwood Bay

20,650,00076264,7441972 1965 1977Apt Blk2 apartment bldgs and 34 townhouses on Wallace Drive

07/01

10129 Fifth St

Sidney

Share Sale to a REIT

71Share sale202238,211Art BlkOslo Apts ultra modern with UG parking
07/251337 Saunders StEsquimalt8,400,0028300,001969 24,000Apt Blk
08/15519      Sturdee StEsquimalt6,325,00030210,8331973 23,400Apt BlkWalk-up                   Cap Rate 3.3%
08/151233   Fairfield RdVictoria19,600,00060326,6661970 49,090Apt Blk1xBach 39x1bdrm 20x2bdrm               Cap rate 3.98%
09/01526 Head StEsquimalt2,600,0009N/A198316,237Apt BlkC/W 1790 sq. ft. retail space
09/13

820 Cook St

Victoria5,700,00021271,4281965 14,400Apt Blk1xBach 17x1bdrm 3x2bdrm                Cap rate 3.5%
10/119960 Third StSidney2,405,7688300,721195810,200Apt BlkSold with 9972 Third St
10/119972 Third StSidney3,244,20612300,721196212,000Apt BlkSold with 9960 Third St
10/31840 Humboldt StVictoria10,000,00070142,857190824,490Apt Blk67 small studios and 3 one bdrm
11/15728 Meaford AvLangford43,500,000106410,510201840,510Apt Blk6 stories
11/29687 Admirals RdEsquimalt22,500,00048468,750202216,361Apt Blk6 stories
11/311010 McKenzie AveVictoria18,500,00070264,285197678,577Apt Blk4 stories
          

Cowichan Valley Apartment Building Sales

2024 Cowichan Valley multi-family rental property sales —– 0 sales recorded to date

Sale DateAddressCitySale Price# of Suites$ per Suite Yr BuiltLand Sq FtBldg TypeNotes
          
          
          
          
          
          
          
          
          

2023 Cowichan Valley multi-family rental property sales —– 2 sales recorded

Sale DateAddressCitySale Price# of Suites$ per SuiteYr Built  Land SFBldg     TypeNotes
2/168033                       Greendale RdLake Cowichan1,765,2428220,6551950  91,9114 Duplexesremodeled suites are 700 sq.ft.
11/309930 Daniel StChemainus1,925,00011175,000

1975             21,759

TownhouseAll Two Bdrm   Cap Rate 5.4% 

Port Alberni & Ucluelet Apartment Building Sales

2024 Port Alberni & Ucluelet multi-family rental property sales —– 1 sale recorded to date

Sale DateAddressCitySale Price# of Suites$ per Suite Yr BuiltLand Sq FtBldg TypeNotes
15/014028 7 AvePort Alberni1,250,0007178,571196815,863Apt Blk 
          
          
          
          
          
          
          
          

2023 Port Alberni & Ucluelet multi-family rental property sales —–1 sale recorded

Sale Date

Address

City

Sale Price# of Suites$ per SuiteYear Built Land SFBldg TypeNotes
10/14849 Strathern StPort Alberni650,0006108,3331960                  14,7502 storey row

5×1 and 1×2 bdrms 5.2% cap rate

         
         

Nanaimo Apartment Building Sales

2024 Nanaimo multi-family rental property sales ===== 1 sale recorded to date

Sale DateAddressCitySale Price# of Suites$ per Suite Yr BuiltLand Sq FtBldg TypeNotes
23/023690 Country Club DriveNanaimo12,500,00036347,222201843,152Apt Bld4.8% cap rate
          
          
          
          
          
          
          
          

2023 Nanaimo multi-family rental property sales —– 2 sales recorded

Sale DateAddressCitySale Price# of Suites$ per SuiteYr Built Land SFBldg TypeNotes
2/1116  Prideaux StNanaimo6,200,0027229,6281986Apt BlkStrata                      Cap rate 5.09%
7/281440  Wingrove StNanaimo2,500,008312,5001980  39,5182 stories row 
         

Parksville & Qualicum Beach Apartment Building Sales

2024 Parksville & Qualicum Beach multi-family rental property sales —–0 sales recorded to date

Sale DateAddressCitySale Price# of Suites$ per Suite Yr BuiltLand Sq FtBldg TypeNotes
          
          
          
          
          
          
          
          
          

2023 Parksville & Qualicum Beach multi-family rental property sales —– 0 sales reported

Sale DateAddressCitySale Price# of Suites$ per SuiteYr Built        Land SFBldg TypeNotes
No sales to date8 suites and over       
         
         

Comox Valley Apartment Building Sales

2024 Comox Valley multi-family rental property sales—– 0 sales reported to date

Sale DateAddressCitySale Price# of Suites$ per Suite Yr BuiltLand Sq FtBldg TypeNotes
          
          
          
          
          
          
          
          
          

2023 Comox Valley multi-family rental property sales ——3 sales reported

Sale DateAddressCitySale Price# of Suites$ per SuiteYr Built      Land SFBldg TypeNotes
5/182719                  Mission RdCourtenay16,085,37547342,2422021          75,533 1.2. and 3 Bdrms
7/121835                  Pierce AveCourtenay8,750,00040218,7501965           100,623Row Housing 
8/1521                    Windslow RdComox2,750,00018152,7771969           37,02612 Townhouses6 x 2 bdrm cottages 
         
         

 

Campbell River Apartment Building Sales

2024 Campbell River multi-family property sales—–0 sales reported to date

Sale DateAddressCitySale Price# of Suites$ per Suite Yr BuiltLand Sq FtBldg TypeNotes
          
          
          
          
          
          
          
          
          

2023 Campbell River multi-family property sales —– 2 sales reported

Sale DateAddressCitySale Price# of Suites$ per SuiteYr Built     Land AreaBldg TypeNotes
2/28202             Birch StCampell River1,890,00010189,0001964            10,016         Apt Blk2 Stories
5/16869             Alder StCampbell River1,003,0008125,3751979             16,988Apt Blk 
         

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North Island Apartment Building Sales

2024 North Island multi-family rental property sales —– 0 sales reported to date

Sale DateAddressCitySale Price# of Suites$ per Suite Yr BuiltLand Sq FtBldg TypeNotes
          
          
          
          
          
          
          
          
          

2023 North Island multi-family rental property sales—– 0 sales reported

Sale DateAddressCitySale Price# of Suites$ per SuiteYr Built    Land  SFType BldgNotes
No sales to date8 suites and over       
         
         

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Custom Sales Reports of Multifamily Rental Properties with Photos

Ask Andre to prepare a customized sales report for you. See some examples below:

Example #1: List of Sold Apartment Buildings in the Cowichan Valley over a two-year period.

Click here to view a sample of a custom sales report of sold apartment buildings in the Cowichan Valley.

Example #2: List of Sold Apartment Buildings in the Comox Valley over a three-year period.

Click here to view a sample of a custom sales report of sold apartment buildings in the Comox Valley.

Call Andre at 250-940-2713 to have him generate your free custom sales report for any urban area on Vancouver Island.