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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 Price City

 Building   Name

Address

Year Built

Total

Suites

Total 

Rooms

Land Area Acres

$ per

Suite

$ per Room

Cap
Rate

01/2018

4,150,000 Esquimalt

Glen Eagle

611 Admirals Rd

1964

 

  25

 97.5  .402  166,000 42,564 x
01/2018 1,250,000 Victoria 645 Battery St 1897
Conversion
4 14 .20 312,500 89,285 3.32
02/2018 880,000 Sidney 10387 McDonald Park Rd

1975 4 18 .20 220,000 48,888 x
02/2018 1,775,000 Victoria 1148 Oscar St 1912
Conversion
10 35 .17 177,500 50,714 x
02/2018 968,000 Victoria 1537 Gladstone Ave 1911
Conversion
4 13 .17 242,000 74,461 3.4

03/2018

936,000 Victoria  1044 Hillside         Ave 1954
Reno

 8

     30    .155  117,000 31,200 x  
03/2018 2,250,000 Victoria 217 Cook St 1930 6 20 .167 375,000 112,500 2.8
04/2018 2,175,000 Victoria 1131 Collinson St 1913
reno
1989
6 17 .15 362,500 127,941 3.6
05/2018 1,800,000 Victoria 531 Linden Ave 1912
reno
5 17.5 .17 360,000 102,857 x
06/2018 2,300,000 Sidney 9927 Seventh St 1975 6 x x 383,333 x x
09/2018 2,300,000 Victoria Wallmere
2180 Haultain St
1963 11 37.5 .22 209,090 61,333 2.7
09/2018 2,000,000 Saanich Rennie and Taylor
2006 frnwood Rd
1913 6 27 .09 333,333 74,074 x
09/2018 7,225,000 Esquimalt Princess Charlotte
467 Lampson St
1964 39 151.5 1.09 185,256 47,689 x
10/2018 34,500,000 Saanich Lady & Lord Harley Apts
3220 & 3234 Quadra St

1973 141 x 2.8 244,680 x x
10/2018 8,250,000 Victoria Royal Beach
628 Dallas rd
1963 31 x .32 266,129 x











 

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  - 3,200,000 152,380  -  
02/2017

 Berwick Manor

40 Boyd St

Victoria

1964

20  79 4,300,000 215,000 190,505  3.9
03/2017

Belgrove 

1505 Belcher Ave

Victoria

1965

33  - 5,864,400 177,709 3.92 
03/2017

 Royal Arms

1300 Yates St

Victoria

1966

76 257  13,184,800 173,484 179,559  3.9
03/2017

 Wedgewood Terrace

1655 Chambers St

Victoria

1964

60  229 10,638,000 177,300  162,589 4.03
03/2017 1075 Goldstream Ave 

Langford

1968

22 3,369,639 153,165  -  
04/2017

 Viceroy Apartments

1009 Fairfield Rd

Victoria

1960

18  64 3,075,000 170,833 168,164  2.9
04/2017

Roberts Manor

2433 Malaview Ave

Sidney

1978

60  238 12,980,000 216,333 190,882  4.35
04/2017

 Rockmeare Manor

1144 Rockland Ave

Victoria

1972

45  - 9,538,197 211,959  -  4.63

04/2017 

Albion Court

45 Boyd St

Victoria

1972

71  263.5 13,611,802 191,715 180,801  4.2

05/2017 

Newport Apartments

2314 Oak Bay Ave

Victoria

1965

25  - 6,000,000 240,000   - 3.22 

 05/2017

Craig Carrie

860 Carrie St

Esquimalt

1971

15  - 2,020,000 134,666  

06/2017

Thornwood Manor

1028 Inverness Rd

Saanich

1978

13  46.5 3,335,000 256,538 251,021   

06/2017

 Takitian Apts

575 Vancouver St

Victoria

1963

16  56 3,175,000 198,437  198,437  

06/2017

1325 Fort St

1954

13   1,645,000 126,528    

07/2017

Michealangelo

1158 Yates St

Victoria

1963

17  - 4,872,000 286,588 4.8 

08/2017

Development Site

1075 Goldstream Ave

Langford

1968

22  - 4,043,600 183,800  

08/2017

The Coach House

1255 Grant St

Victoria

1965

25  76.5 3,880,000 155,200 177,516  3

09/2017

Pacific Shores

2181 Haultain St

Oak Bay

1955

39  164.5 8,450,000 216,666 179,787  4

09/2017

The Clive

1510 Clive Drive

Oak Bay

2015

17 66.5  9,185,000 540,294  483,421 3.3 

09/2017

The Trelawny

1266 Newport Ave

Oak Bay

1955

11 49.5 2,710,000 246,363 191,616  

10/2017

Argyl Manor

9861 Third St

Sidney

1972

12 42 3,150,000 262,500 262,500  

10/2017

Casa Jubilee

1555 Jubilee Ave

Victoria

1969

21 96.5 5,250,000 250,000 190,414 5.4

11/2017

Skyline Apartments

2925 Qu'Appelle St

Saanich

1969

33 124.5 6,050,000 183,333 170,080 3.8
12/2017 Fraser 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