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	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	x
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	x
04/2018	2,175,000	Victoria	1131 Collinson St	1913 reno 1989	6	17	.15	362,500	127,941	3.77
05/2018	1,800,000	Victoria	531 Linden Ave	1912 reno	5	17.5	.17	360,000	102,857

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	-	3,200,000	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 Date	Building Name	Address	City	Age	# of Suites	Sale Price	$ per Suite	Cap Rate
01/2016	Mount View	124 Bushby St	Victoria	1912	8	950,000	118,750	5.03%
01/2016	Casa Del Rio	1535 Jubilee Ave	Victoria	1967	43	6,131,000	142,581
01/2016	Heywood House	999 Southgate St	Victoria	1967	31	4,300,000	138,709
01/2016	Glendale	2653 Sooke Rd	Langford	1969	20	2,000,000	100,000
01/2016	The Hawthorn	1042 Hillside Ave	Victoria	1995	9	1,680,000	186,667
02/2016		639 Admirals St	Esquimalt	1956	7	840,000	120,000
02/2016	Burdett	855 Vancouver St	Victoria	1930	16	3,248,000	203,000	4.54%
03/2016	King Charles	820 Cook St	Victoria	1965	21	2,750,000 not arms length	130,952
04/2016	Argyl Manor	9861 Third St	Sidney	1972	12	2,340,000	195,000
04/2016	Rainbow Mansions	805 Academy Close	Victoria	1947	10	2,000,000	200,000
05/2016	Dunsmuir House	831 Dunsmuir Rd	Esquimalt	1968	85	15,673,832	184,398	4.3
05/2016	Shannon	941 Fairfield Rd	Victoria	1955	11	1,750,000	159,090
06/2016	Lancelot	2500 Quadra St	Victoria	1988	26	4,780,000	183,846	3.27%
06/2016	Island Sun manor	1855 Fort St	Victoria	1949	21	2,560,000	121,904
06/2016	Beacon Hill	627 Superior St	Victoria	1952	9	1,850,000	205,555
06/2016	Van Meares	1013 Vancouver St	Victoria	1949	33	7,725,000	234,000	4.5%
07/2016	Somerset Place	1180 Fort St	Victoria	1977	32	5,428,000	169,625
07/2016	Nelson House	418 Michigan St	Victoria	1972	32	6,380,000	199,375
07/2016	Mount Baker	9901 Fourth St	Sidney	1968	12	1,550,000	129,167
07/2016	The Radnor	1811 Oak Bay Ave	Victoria	1950	6	1,500,000	250,000
08/2016	Dunere	616 Battery St	Victoria	1963	14	2,113,000	150,929	4.41%
08/2016	Sherwood Court	1240 Newport Ave	Oak Bay	1958	18	4,600,000	255,556	3.79%
08/2016		1988 Kaltassin Rd	Sooke	1978	10	825,000	82,500
09/2016	Earlbrook	1475 Fort St	Victoria	1953	11	1,757,500	159,772
09/2016	Elmbrook	1471 Fort St	Victoria	1968	18	2,992,500	166,250
11/2016		881 Old Esquimalt Rd	Esquimalt	1960	6	1,067,500	177,916	3.4%
11/2016	Nanalee Mansion	2626 Cook St	Victoria	1971	32	4,400,000	137,500	3.50%
11/2016	The Rock Standard	2828 Rock Bay Ave	Victoria	1973 reno 2013	55	6,600,000	120,000	5.2%
11/2016		855 Kindersley Rd	Esquimalt	1905	9	990,000	110,000

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