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

Apartment Buildings for Sale in Victoria BC 

Sales History ( 2018 & Earlier )

  Planning to buy or sell an apartment block in Greater Victoria,

 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 Victoria and Greater Victoria: 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 

Victoria Apartment Buildings for Sale that Sold in 2018

Sale Date

Sale PriceCity

 Building   Name

Address

Year Built

Total

Suites

Total 

Rooms

Land Area Acres

$ per

Suite

$ per Room

Cap
Rate

01/2018

4,150,000Esquimalt

611 Admirals Rd

1964

 

  25

 97.5 .402 166,00042,564x
01/20181,250,000Victoria645 Battery St1897
Conversion
414.20312,50089,285x
02/2018880,000Sidney10387 McDonald Park Rd

1975418.20220,00048,888x
02/20181,775,000Victoria1148 Oscar St1912
Conversion
1035.17177,50050,714x
02/2018968,000Victoria1537 Gladstone Ave1911
Conversion
413.17242,00074,4613.4

03/2018

936,000Victoria 1044 Hillside         Ave1954
Reno

 8

     30   .155 117,00031,200x 
03/20182,250,000Victoria217 Cook St1930620.167375,000112,500x
04/20182,175,000Victoria1131 Collinson St1913
reno
1989
617.15362,500127,9413.77
05/20181,800,000Victoria531 Linden Ave1912
reno
517.5.17360,000102,857











 
Victoria Apartment Buildings for Sale that Sold in 2017

Sale Date

Building Name 

and Address

City

Year Built

 

Total 

Suites

 

Total

 Rooms

Sale Price

$ per Suite

Equivalent $ per One Bdrm Suite

3.5 Rooms = One Bdrm 

 

Cap Rate

 01/2017 

Stanley

340 Linden Ave

Victoria

1914

16

2,375,000

148,437

3.5 

 01/2017

 Pacific Villa

741 Admirals Rd

Esquimalt

1963

12

55.5 

1,925,000

160,416

121,394 

5

02/2017

 Dunsmuir Royal

801 Esquimalt Rd

Esquimalt

1972

32

 112

4,800,000

150,000

150,000 

4.2

02/2017

 Gorge View Court

630 Gorge Rd

Esquimalt

1953

19 Townhouse

 -

2,800,000

147,368

 -

 

02/2017

 Catherine Court

992 Gorge Rd

Esquimalt

1945

21 Townhouse -3,200,000152,380 - 
02/2017

 Berwick Manor

40 Boyd St

Victoria

1964

20 794,300,000215,000190,505 3.9
03/2017

Belgrove 

1505 Belcher Ave

Victoria

1965

33 -5,864,400177,7093.92 
03/2017

 Royal Arms

1300 Yates St

Victoria

1966

76257 13,184,800173,484179,559 3.9
03/2017

 Wedgewood Terrace

1655 Chambers St

Victoria

1964

60 22910,638,000177,300 162,5894.03
03/20171075 Goldstream Ave 

Langford

1968

223,369,639153,165 - 
04/2017

 Viceroy Apartments

1009 Fairfield Rd

Victoria

1960

18 643,075,000170,833168,164 2.9
04/2017

Roberts Manor

2433 Malaview Ave

Sidney

1978

60 23812,980,000216,333190,882 4.35
04/2017

 Rockmeare Manor

1144 Rockland Ave

Victoria

1972

45 -9,538,197211,959 - 4.63

04/2017 

Albion Court

45 Boyd St

Victoria

1972

71 263.513,611,802191,715180,801 4.2

05/2017 

Newport Apartments

2314 Oak Bay Ave

Victoria

1965

25 -6,000,000240,000  -3.22 

 05/2017

Craig Carrie

860 Carrie St

Esquimalt

1971

15 -2,020,000134,666 

06/2017

Thornwood Manor

1028 Inverness Rd

Saanich

1978

13 46.53,335,000256,538251,021  

06/2017

 Takitian Apts

575 Vancouver St

Victoria

1963

16 563,175,000198,437 198,437 

06/2017

1325 Fort St

1954

13 1,645,000126,528  

07/2017

Michealangelo

1158 Yates St

Victoria

1963

17 -4,872,000286,5884.8 

08/2017

Development Site

1075 Goldstream Ave

Langford

1968

22 -4,043,600183,800 

08/2017

The Coach House

1255 Grant St

Victoria

1965

25 76.53,880,000155,200177,516 3

09/2017

Pacific Shores

2181 Haultain St

Oak Bay

1955

39 164.58,450,000216,666179,787 4

09/2017

The Clive

1510 Clive Drive

Oak Bay

2015

1766.5 9,185,000540,294 483,4213.3 

09/2017

The Trelawny

1266 Newport Ave

Oak Bay

1955

1149.52,710,000246,363191,616 

10/2017

Argyl Manor

9861 Third St

Sidney

1972

12423,150,000262,500262,500 

10/2017

Casa Jubilee

1555 Jubilee Ave

Victoria

1969

2196.55,250,000250,000190,4145.4

11/2017

Skyline Apartments

2925 Qu'Appelle St

Saanich

1969

33124.56,050,000183,333170,0803.8
12/2017Fraser Manor
1194 Esquimalt Rd

Esquimalt
1956
16
Share Purchase


Victoria Apartment Buildings for Sale that Sold in 2016

Sale DateBuilding NameAddressCityAge# of SuitesSale Price$ per Suite Cap Rate
01/2016Mount View

124 Bushby St

Victoria19128950,000118,7505.03%
01/2016Casa Del Rio

1535 Jubilee Ave

Victoria1967436,131,000142,581 
01/2016Heywood House

999 Southgate St

Victoria1967314,300,000138,709 
01/2016Glendale

2653 Sooke Rd

Langford1969202,000,000100,000 
01/2016The Hawthorn

1042 Hillside Ave

Victoria199591,680,000186,667 
02/2016 

639 Admirals St

Esquimalt19567840,000120,000 
02/2016Burdett

855 Vancouver St

Victoria1930163,248,000203,0004.54%
03/2016King Charles820 Cook StVictoria196521

2,750,000 not arms length

130,952 
04/2016Argyl Manor

9861 Third St

Sidney1972122,340,000195,000 
04/2016Rainbow Mansions

805 Academy Close

Victoria1947102,000,000200,000 
05/2016Dunsmuir House

831 Dunsmuir Rd

Esquimalt19688515,673,832184,3984.3
05/2016Shannon

941 Fairfield Rd

Victoria1955111,750,000159,090 
06/2016Lancelot

2500 Quadra St

Victoria1988264,780,000183,8463.27% 
06/2016Island Sun manor

1855 Fort St

Victoria1949212,560,000121,904 
06/2016Beacon Hill

627 Superior St

Victoria195291,850,000205,555 
06/2016Van Meares

1013 Vancouver St

Victoria1949337,725,000234,0004.5%
07/2016Somerset Place

1180 Fort St

Victoria1977325,428,000169,625 
07/2016

Nelson House

418 Michigan St

Victoria1972326,380,000199,375 
07/2016

Mount Baker

9901 Fourth St

Sidney1968121,550,000129,167 
07/2016

The Radnor

1811 Oak Bay Ave

Victoria195061,500,000250,000 
08/2016

Dunere

616 Battery St

Victoria1963142,113,000150,9294.41%
08/2016

Sherwood Court

1240 Newport Ave

Oak Bay1958184,600,000255,556  3.79%
08/2016 

1988 Kaltassin Rd

Sooke197810825,00082,500 
09/2016Earlbrook

1475 Fort St

Victoria1953111,757,500159,772 
09/2016Elmbrook

1471 Fort St

Victoria1968182,992,500166,250 
11/2016 

881 Old Esquimalt Rd

Esquimalt196061,067,500177,9163.4% 
11/2016

Nanalee

Mansion

2626 Cook St

Victoria1971324,400,000137,500 3.50%
11/2016

The Rock Standard

2828 Rock Bay Ave

Victoria

1973 reno 2013

556,600,000120,0005.2%
11/2016 

855 Kindersley Rd

Esquimalt

1905

9990,000110,000 

 

Victoria Apartment Buildings for Sale that Sold in 2015 

Sale Date 

Building Name

Address

City

Age

# of Suites

Selling Price

$ per Suite

Cap Rate

 01/2015 

 

2533 Dowler Place

Victoria

1976

43

5,675,000

131,976

4.5%

 01/2015

Mount Baker

1147 Newport Ave

Oak Bay

1926

10

1,375,000

137,500

 

 02/2015

Ashton Oaks

1145 Bay  St

Victoria

1968

28

3,282,785

117,242

5.3%

 05/2015

Jubilee

1960 Lee Ave

Victoria

1945

23

2,293,000

99,700

4.2%

 05/2015

 

2540 Quadra St

Saanich

1967

22

2,780,000

126,363

4.75%

 06/2015

Spring Ridge

1235 Balmoral Rd

Victoria

 1967

23

1,925,000

83,695

5.1%

 06/2015

Granleigh House

2184 Cadboro Bay Rd

Saanich

1968

21

3,300,000

157,142

4.4%

 08/2015

Village Green

111 - 129 Croft St

Victoria

1963

99 Townhouses

14,800,000

149,494

 

 08/2015

Camelot

3820 Shellbourne 

Saanich

1965

32

5,280,000

175,000

5.4%

12/2015 

 

906 Brock Ave

Langford

2011

58 Strata

12,398,165

213,761

4.7%

12/2015 

Victor

976 Humboldt St

Victoria

1955 

23

3,872,770 Portfolio Sale

176,035

 

 12/2015

 Westminster Court 

955 Humboldt St

Victoria

1971

43

7,569,505 Portfolio Sale

176,035

 

 12/2015

Buckingham Manor 

967 Collinson  St

Esquimalt

1967

41

7,217,435 Portfolio Sale

176,035

 

 12/2015

Good Acre Towers

350 - 360 Douglas St

Victoria

1965

197 Concrete

38,150,000

193,654

 

12/2015 

The Waverly

2785 Grainger Rd

Langford

2015

51 Strata

10,901,000

213,745

5.3%

12/2015 

Charter House

435 Michigan St

Victoria

1962

73 Concrete

13,850,000

189,726

 

12/2015 

Regent Towers

415 Michigan St 

Victoria

1962

122 Concrete

21,750,000

178,278

 

 12/2015

Luxor Manor

1050 Richardson St

Victoria

1950

32

5,037,500

157,421

 

12/2015 

Hartnell House

1204 Yates St

Victoria

1976

62

8,822,890

142,304

 

 

Victoria Apartment Buildings for Sale that Sold in 2014

Sale Date

Building Name

Address

City

Age

# of Suites

Sale Price

$ per Suite

Cap Rate

 01/2014

Nottingham Court 

1635 Cook St 

 Victoria

1972 

70 

7,826,000

111,800

5.3%

01/2014 

 

1420 Hampshire Rd

Oak Bay

1952

6

1,200,000

200,000

 

 01/2014

Oakridge Manor

3420 Quadra St

Victoria

1969

66

8,350,000

126,515

4.5%

 02/2014

Oak Hill 

2425 Wark St 

Victoria

1973

13

1,800,000

138,461

5.3%

 04/2014

 

575 Vancouver St

Victoria

1963

16

1,990,000

124,375

 

04/2014 

Seaview Towers

450 Dallas Rd

Victoria

1963

73 Hi-rise

18,187,500

249,143

3.6%

 05/2014

Christie Point

2861 Cragowan Rd 

Colwood 

1963

161

Portfolio Sale

 

 

 05/2014

Dingley Dell

967 Dingley Dell 

Esquimalt 

1973

18

2,740,000

152,222

 

06/2014 

Mitchell Oaks

2065 Oak Bay Ave

Oak Bay

1969

35

5,425,000

155,000

 

 07/2014

Quadra Villa

2540 Quadra St

Victoria

1964

64

11,000,000

171,875

 

 07/2014

 The Montana

1010 Empress Ave

Victoria 

1920

8

795,000

99,375

 

 10/2014

Manchester Court

565 Manchester Rd

Victoria

1976

37

4,750,000

128,378

 

10/2014 

The Valencia

660 Naigara St

Victoria

1970

34

4,825,000

141,911

 

11/2014 

 

2330 Cook St

Victoria

1962

17

1,924,000

113,176

 

 12/2014

Rosalma

841 Esquimalt Rd

Esquimalt

1959

34

3,254,000 Portfolio Sale

95,714

 

12/2014 

Sunset Manor

804 Esquimalt Rd

Esquimalt

1976

22

2,105,708 Portfolio Sale

95,714