Harrison Thompson, REALTOR®

Cell/Office 778-676-6642

Email: harrisonthompson@royallepage.ca

Homes For Sale Victoria BC

Income Properties

Multi-family properties for sale in the greater Victoria BC area. Investors scroll below to find Tri-Plex's for sale in Victoria, 4-Plex's for sale in Victoria and larger multi-family developments for sale in the greater Victoria BC area.
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  • 4026 Quadra St in Saanich: SE Lake Hill Multi Family for sale (Saanich East) : MLS®# 954096

    4026 Quadra St SE Lake Hill Saanich V9X 4E3
    Main Photo: 4026 Quadra St in Saanich: SE Lake Hill Multi Family for sale (Saanich East)  : MLS®# 954096
    $33,000,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    954096
    Attention DEVELOPERS!! Very rare opportunity to purchase 2.01 acres of ideally located re-development land. Current use is a near 100% rented 87 unit apartment building built in 1977 with a site coverage ratio of 26%. The apartment consists of 11 one bed, 6 studio, 3 three bed, 1 two bed + Den and 66 two bed units. The subject property is designated as part of a Neighborhood Centre under Saanich’s OCP 2008, Appendix to Bylaw 8940. The District of Saanich OCP supports the following building types and land uses in Major and Neighborhood “Centers”: High Rise (up to 18 storeys) Townhouse (up to 3 storeys), Low-rise residential (up to 4 storeys), Mid-rise residential (up to 8 storeys), Live/work studios & Office (up to 8 storeys), Civic and institutional (generally up to 8 storeys) and Commercial and Mixed-Use (generally up to 8 storeys). Buyer to verify the potential land use with Saanich prior to writing an offer. Financials only provided as a condition of an accepted offer. More details
    Listed by Fair Realty
    Harrison Thompson
  • 8750 Osler St in Vancouver: Mn Mainland Proper Multi Family for sale (Mainland) : MLS®# 944907

    8750 Osler St Mn Mainland Proper Vancouver V6P 4E9
    Main Photo: 8750 Osler St in Vancouver: Mn Mainland Proper Multi Family for sale (Mainland)  : MLS®# 944907
    $14,000,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    944907
    The Maples represents a rare opportunity to invest in a property that has been family held since the mid 1960s. With a total lot size of over half an acre (181.02 x 122.54 Ft) spanning over 5 separate title lots, the 38 rental suite building has an extensive record of maintenance along with a dedicated suite for the resident manager. Gross liveable area is approx. 29,367 SF with a total gross building area of approx 39,819ft. The location offers quite residential access on Osler and laneway access at the back. High efficiency gas IBC boiler system (2018), Main hot water tank (2022), Double pane vinyl windows (2018), Bike cage (2019), 2021 security & locks upgrade, electrical upgrade to unit breakers (2020). The future potential value lies in the eventual redevelopment to create higher density housing. Currently zoned Rm 3a with a potential for higher density (Marpole Policy Plan) and possible up-zoning for increased FSR. (Buyer to verify) More details
    Listed by Pacifica Real Estate Inc.
    Harrison Thompson
  • 1258 Yates St in Victoria: Vi Fernwood Multi Family for sale : MLS®# 954387

    1258 Yates St Vi Fernwood Victoria V8V 3N3
    Main Photo: 1258 Yates St in Victoria: Vi Fernwood Multi Family for sale : MLS®# 954387
    $8,999,999
    Commercial Sale
    Status:
    Active
    MLS® Num:
    954387
    The subject property is the Malika apartment complex. The property is a three-level, walk-up, apartment building, constructed in 1959 with a total of 20 units. There are 6 studio units, 4 one-bedroom units, and 10 two-bedroom units. The property is situated in the residential neighborhood of Fernwood in the City of Victoria located within the Capital Regional District (CRD) on Vancouver Island. Based on the supported building types within the OCP designation, the property would potentially be suitable for future redevelopment with mid-rise residential with a building height up to six storeys. The subject property is classified as R3-2 Zone, Multiple Dwelling District in the City of Victoria Zoning Bylaw. More details
    Listed by Fair Realty
    Harrison Thompson
  • 2465 Apollo Dr in Nanoose Bay: PQ Nanoose Multi Family for sale (Parksville/Qualicum) : MLS®# 950382

    2465 Apollo Dr PQ Nanoose Nanoose Bay V9Y 0A3
    Main Photo: 2465 Apollo Dr in Nanoose Bay: PQ Nanoose Multi Family for sale (Parksville/Qualicum)  : MLS®# 950382
    $7,700,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    950382
    Schooner Bay Manor Manufactured Home Community (est. 1977) is nestled in beautiful Nanoose Bay, BC. This prime location has the serene quiet of the country with urban conveniences. The Red Gap Center hosts Quality Foods, Pharmacy, Bank, Post Office and others is just across street (Collins Crescent). Parksville is a 15 min drive; Nanaimo is 20 min. There are 99 occupied fully serviced lots. Each PAD contains a levelled home site with asphalt paved driveway, underground water and septic connections as well as underground electrical, telephone, and cable vision utilities. The main street going through the Community was re-paved 2014. The Hydro was upgraded from 60 amps to 100 amps in 2015. There are multiple septic systems (5 larger ones servicing 3-4 or 8-10 pads each) the remaining pads being serviced by independent systems. More details
    Listed by RE/MAX Mid-Island Realty and Macdonald Commercial Real Estate Services Ltd.
    Harrison Thompson
  • 250 Victoria Rd in Nanaimo: Na Old City Multi Family for sale : MLS®# 950330

    250 Victoria Rd Na Old City Nanaimo V9R 4P8
    Main Photo: 250 Victoria Rd in Nanaimo: Na Old City Multi Family for sale : MLS®# 950330
    $7,600,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    950330
    The Avison Young Multi-Family Team is pleased to market for sale 250 Victoria Road Nanaimo, BC (the "Property"). This extensively renovated 32-unit rental apartment building is located in a highly desirable neighbourhood offering convenient access to Departure Say Ferry Terminal, Nanaimo Regional General Hospital, and Downtown Nanaimo. The Property is situated within walking distance to shopping, services, and amenities. Major transportation routes in the area include Highway 1. More details
    Listed by Avison Young
    Harrison Thompson
  • 656 Admirals Rd in Esquimalt: Es Esquimalt Multi Family for sale : MLS®# 948677

    656 Admirals Rd Es Esquimalt Esquimalt V9A 4X9
    Main Photo: 656 Admirals Rd in Esquimalt: Es Esquimalt Multi Family for sale : MLS®# 948677
    $6,999,980
    Commercial Sale
    Status:
    Active
    MLS® Num:
    948677
    30,000 sq.ft. land assembly in Esquimalt core area designated "High Density Residential" in the 2018 Official Community Plan. The site comprises three legal lots with access from Admirals Road, Astle Street and Constance Avenue. The site is located at the doorstep of CFB Esquimalt (Naden) and a short walk to Esquimalt Town Centre. The site will offer ocean and mountain views from upper stories. Excellent access to arterial roads, transit and cycling infrastructure. 664 Admirals Road was recently rezoned by another property owner to permit a 12-story residential building. These three properties are being sold together for the published listing price: 656 Admirals Road - tenanted 13-suite residential apartment building; 1300 Astle Street - tenanted 5-suite residential building (non-conforming); 1312 Astle Street - tenanted 2-suite residential building. More details
    Listed by Sutton Group West Coast Realty
    Harrison Thompson
  • 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum) : MLS®# 952111

    633 Beach Rd PQ Qualicum Beach Qualicum Beach V9K 1H1
    Main Photo: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    $6,950,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    952111
    Investment opportunity awaits with this enclave of 12 recently built duplex units, all fully leased with strong rental returns and minimal operating costs. Comprising four 2-bedroom, 2-bathroom plus den homes, six 2-bedroom, 1-bathroom residences, and two cozy 1-bedroom, 1-bathroom units, these properties promise enduring value. Step inside to discover contemporary finishes, spacious open-concept layouts, and an abundance of natural light, elevating your living experience. Constructed in 2021 and situated in the heart of Qualicum, mere blocks from the beach, golf courses, and downtown amenities, convenience and ocean side living converge seamlessly. Contact agent for more details and showing arrangements. Assumable mortgage $3.7M at 2.8%. This is a great time to take advantage of this rare chance to own a lucrative investment in beautiful Qualicum Beach, BC. More details
    Listed by DFH Real Estate Ltd.
    Harrison Thompson
  • 908 Cook St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 954257

    908 Cook St Vi Fairfield West Victoria V8V 3Z3
    Main Photo: 908 Cook St in Victoria: Vi Fairfield West Multi Family for sale : MLS®# 954257
    $6,825,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    954257
    FIRST TIME ON MARKET! Single family owned and operated. This 25 unit apartment is located in the highly desireable Fairfield/Cook neighborhood. Offering quick access to downtown Victoria. Offering convenient access to shopping, bus service and ammenities. The property features a 14,400 sq ft corner lot, designated R2-AM-1 Multi Family and situated on the corner of Cook and Burdett. Building has been well maintained for its entire life. Grounds and gardens are well kept with new front walk. Laundry room includes coin operated machines. Bright and clean sunroom on rooftop with deck. 908 Cook Street offers an investor/developer a future redevelopement potential. This property offers significant rental upside for an investor through natural tenant turnover of mostly senior tenants. An rare investment opportunity in one of Canada's most desireable real estate markets. More details
    Listed by The Agency and Day Team Realty Ltd
    Harrison Thompson
  • 1028 Inverness Rd in Saanich: SE Quadra Multi Family for sale (Saanich East) : MLS®# 945169

    1028 Inverness Rd SE Quadra Saanich V8X 2S1
    Main Photo: 1028 Inverness Rd in Saanich: SE Quadra Multi Family for sale (Saanich East)  : MLS®# 945169
    $4,999,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    945169
    This opportunity allows potential investors to acquire a 100% ownership stake in Thornwood Manor, located at 1028 Inverness Rd in Greater Victoria. Thornwood Manor is a three-story apartment building situated in a prime location along Inverness Rd, positioned between Quadra St and Glasgow Ave. This offering presents a distinct chance to invest in a well-maintained, income-generating multi-family apartment building at the center of Greater Victoria, with significant potential for redevelopment. The property is surrounded by multi-family zoning, indicating favorable development prospects. Moreover, it's conveniently located, being just a 5-minute drive to Mayfair Mall and the uptown area of Victoria. More details
    Listed by Sutton Group West Coast Realty
    Harrison Thompson
  • 200 Campbell St in Tofino: PA Tofino Multi Family for sale (Port Alberni) : MLS®# 943714

    200 Campbell St PA Tofino Tofino V0R 2Z0
    Main Photo: 200 Campbell St in Tofino: PA Tofino Multi Family for sale (Port Alberni)  : MLS®# 943714
    $4,950,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    943714
    OCEAN FRONT CONDO DEVELOPMENT PROPERTY! Exciting transformation for the end of Campbell Street up and coming. This development has now updated elevations creating even more stunning views from every balcony on each unit. With the most advantageous zoning possible this shall become the top development on the West Coast providing nightly through permanent residences. Tofino enjoys being one of the top tourist locations in North America as shown by the zero vacancy and revenue projections. The 2 Penthouses will be unsurpassed for finishing, location and amenities with Long Beach, Surfing, Fishing, Diving, at your door! Vancouver Island's West Coast is regarded as the ultimate vacation destination in Canada as well as North America. More details
    Listed by Royal LePage Parksville-Qualicum Beach Realty (QU)
    Harrison Thompson
  • 3494 Wishart Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 915486

    3494 Wishart Rd Co Latoria Colwood V9C 3B1
    Main Photo: 3494 Wishart Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 915486
    $4,190,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    915486
    Enviable 3.38 acre potential DEVELOPMENT OPPORTUNITY neighbouring Royal Bay and commanding stunning views of Victoria, Juan de Fuca Strait and the Olympic Mountains. Sewer, Gas and Water are all in place to the lot lines. The property is not within the ALR, therefore agriculture is not recognized as the priority use and ready for numerous possibilities – the new development on Delora Drive borders this property providing a second road frontage. "Neighbourhood Hillside and Shoreline" areas are established neighbourhoods historically comprised largely of single-detached homes but some mixed development may be possible. Land use objective is the same as in the “Neighbourhood” land use designation. **Buyer must satisfy themselves as to the development potential**. In the heart of Colwood, this prime land is close to all level of schools and the peaceful Colwood Lagoon. The 55km picturesque Galloping Goose Trail runs through the area providing a natural walking and biking route. More details
    Listed by Royal LePage Coast Capital - Chatterton
    Harrison Thompson
  • 908 Carlton Terr in Esquimalt: Es Esquimalt Multi Family for sale : MLS®# 944115

    908 Carlton Terr Es Esquimalt Esquimalt V9A 5A5
    Main Photo: 908 Carlton Terr in Esquimalt: Es Esquimalt Multi Family for sale : MLS®# 944115
    $3,988,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    944115
    HUGE PRICE DROP!!! Incredible investment opportunity in the heart of Esquimalt. This building has 8 large 2 bedroom / 1 bathroom units, and is fully tenanted. Each unit has their own deck, natural gas fireplace, and skylights in each top floor unit. Perfect holding property to receive rental income while waiting to develop a larger multi-family building. Common laundry area, storage lockers and huge crawl space for storage. Brand new upper deck on back of building. Units 1 and 5 have been renovated in 2021. Large above ground parking lot for 13 vehicles. Lots of green space for tenants to enjoy. A short walk into the heart of Esquimalt, and to the ocean. Close to schools, bus routes, groceries and shopping. Don't miss this amazing chance to generate passive income with the peace of mind that future development is possible. More details
    Listed by DFH Real Estate - Sidney
    Harrison Thompson
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Data was last updated March 19, 2024 at 02:05 AM (UTC)
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.