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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2187 Comox Ave in Comox: CV Comox (Town of) Multi Family for sale (Comox Valley) : MLS®# 963997
New Price , Great Location, 56,664 SF (1.3 acre) Family Owned Land Assembly close to the core of downtown Langford, BC. The properties include 2766 Grainger Rd, 2768 Grainger Rd, 2770 Grainger Rd, and 2774 Grainger Rd with access off of Goldstream Road.Full 4 way Stoplight Intersection , Current Zoning is R2 – One and Two Family Residential. As per the Langford City Centre Concept OCP Map, the subject properties have a rezoning potential to go to CC2 zone, which permits medium-density multifamily residential uses such as apartments and townhomes and an FSR up to 3:1. Do not approach any tenants.More details
Listed by Maxxam Realty Ltd. and AY Victoria Realty Ltd.
Incredible multi-family development opportunity. This site is in immediate proximity to the Uptown Transit Hub - under new BC Transit Oriented Development Legislation, site permits a minimum FSR or 3.5 and minimum height of 10 stories. Saanich OCP Uptown Core designation suggests 12-18 stories with potentially up to 24. Excellent holding income from a variety of tenants. Under the Provincial TOD legislation, the municipality is not permitted to require any off-street parking (other than for disabled) - dramatically impacting development costs. Excellent candidate for CMHC MLI construction financing. Immediate access to TCH, Hwy 17, Uptown Mall, Galloping Goose.More details
Investment opportunity awaits with this exclusive enclave of 12 modern duplex units, all fully leased and generating strong rental income with minimal operating costs. Featuring an assumable mortgage of $3.65M at a favourable 2.8% interest rate, this property includes four spacious 2-bedroom, 2-bathroom plus den homes, six elegant 2-bedroom, 1-bathroom residences, and two charming 1-bedroom, 1-bathroom units, all designed with contemporary finishes, open-concept layouts, and abundant natural light. Built in 2021 and located just blocks from the beach, golf courses, and downtown Qualicum Beach, this property offers both convenience and a coastal lifestyle. Don’t miss this rare opportunity to own a high-yield investment in the heart of beautiful Qualicum Beach, BC!More details
Listed by Royal LePage Coast Capital - Chatterton and DFH Real Estate - Sidney
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
Presenting a unique investment opportunity: an award-winning student housing apartment building located on Vancouver Island. This prime property is situated directly across from Vancouver Island University, ensuring a steady and consistent occupancy rate. The three-level building comprises 25 fully-equipped units, including 13 one-bedroom and 12 two-bedroom apartments. Each unit features its own kitchen and bathroom, providing students with privacy and convenience. Granite countertops throughout add a touch of luxury to these modern living spaces. Each floor offers a common area designed to foster communication and community among residents. Additionally, every level is equipped with a public washroom and a coin-operated laundry facility for added convenience. The lower level includes a secure bike storage room, catering to the needs of environmentally-conscious students. The property boasts 17 parking spaces located in the back lane, providing ample parking for residents.More details
Listed by Sutton Group-West Coast Realty (Nan) and Nu Stream Realty Inc
RARE OPPURTUNITY TO INVEST IN ALREADY ZONED MULTI FAMILY SITE. Zoned CD26 this multi-family property offers up to 51 densities. Centrally located in the Bell Mackinnon Corridor this property is close to many amenities including the newly under construction Cowichan District Hospital. North Cowichan official community plan promotes future growth in the area providing an excellent development opportunity. With future job growth coming, the seller has already taken the property through the rezoning process and has conceptual drawings for potential multifamily building. This property is encumbered by a convent that allows for relaxation on green space, tree canopy, 6 storeys and much more. Please contact listing agent for more information.More details
This exceptional 63,161 sq ft land assembly in Langford's coveted Mill Hill neighborhood presents an unparalleled development opportunity. Strategically located near amenities and with convenient highway access, this flat land is primed for rezoning to RM2A, allowing for higher-density development such as townhomes and multi-family dwellings. The City of Langford's support for RM2A rezoning, coupled with the site's minimal site prep requirements and private green space, makes this an ideal investment for developers seeking to create a thriving, modern community in a sought-after location.
2579, 2585, 2589, 2595 WentwichMore details
DEVELOPMENT OPPORTUNITY: Discover 3.90 acres of prime development land. The property finds itself within the Neighbourhood Hillside & Shoreline Land Use Designation, a strategic zoning that paves the way for increased density and Low-Rise buildings, up to 6 storeys. The Floor Space Ratio (FSR) is set at an advantageous 1.2:1, inviting imaginative possibilities for development. The property presents a promising opportunity for developers. Adjacent to Havenwood Park and multi-family zoned properties. It stands as a prime example of the region's potential for higher density development, growth, and prosperity. The options for redevelopment are vast, making it an attractive investment in a thriving community. This expansive parcel currently includes a 3-bedroom home, a workshop, and various outbuildings for potential rental revenue.More details
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
NE PLUS ULTRA! West Coast Ocean Front Development property in the heart of Tofino. 8 spacious condos and 2 fabulous penthouses will create the finest accommodation anywhere in the Long Beach Area. Zoning allows for nightly through permanent residency with the most open possession available. Tofino enjoys some of the lowest vacancies and highest per diem rental rates in North America. Looking out over the ocean and small islands gives the ambience of being at the edge of the world while all the shops and restaurants are a 4 minute walk. The Penthouses with massive decks will be the most sought after suites in Tofino or Long Beach. The owner will consider co-operating with Purchaser with buy back on suite or possibly take back financing.More details
Listed by Royal LePage Parksville-Qualicum Beach Realty (QU)
We are pleased to present a prime 1.98-acre development site located in the vibrant Seaside community of Parksville. This area is renowned for its walkability, healthy population growth, and strong market demand, making it an ideal location for your next residential project. Currently zoned RS-2, the property allows for a mix of low and medium-density housing, including townhomes, fourplexes, and single-family homes with suites. The existing zoning permits up to 23 units; however, by leveraging the City of Parksville’s Density Bonusing program, there is potential to increase that to as many as 40 units, depending on the housing type and design. There is greater potential for a portion of this property to be up-zoned to RS-3, allowing for higher densification. With its favourable demographics and robust real estate market, this site presents an exceptional opportunity for significant residential development. Don’t miss your chance to capitalize on the growing demand in Parksville!More details
Listed by Royal LePage Parksville-Qualicum Beach Realty (QU)
