Jubilee

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1660 Oak Bay Ave
Vi Jubilee Victoria V8R 1B4

$1,950,000
Commercial Sale built: 1958

Main Photo: 1660 Oak Bay Ave in Victoria: Vi Jubilee Multi Family for sale : MLS®# 1012712
Photo 1: 1660 Oak Bay Ave in Victoria: Vi Jubilee Multi Family for sale : MLS®# 1012712
Photo 2: 1660 Oak Bay Ave in Victoria: Vi Jubilee Multi Family for sale : MLS®# 1012712
Photo 3: 1660 Oak Bay Ave in Victoria: Vi Jubilee Multi Family for sale : MLS®# 1012712
Photo 4: 1660 Oak Bay Ave in Victoria: Vi Jubilee Multi Family for sale : MLS®# 1012712
Photo 5: 1660 Oak Bay Ave in Victoria: Vi Jubilee Multi Family for sale : MLS®# 1012712
Photo 6: 1660 Oak Bay Ave in Victoria: Vi Jubilee Multi Family for sale : MLS®# 1012712
Photo 7: 1660 Oak Bay Ave in Victoria: Vi Jubilee Multi Family for sale : MLS®# 1012712
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1012712
Year Built:
1958
Well-Maintained 6-Unit Multifamily Investment Opportunity in South Jubilee with Future Redevelopment Potential A well-maintained and updated 6-unit multifamily building located in the desirable South Jubilee neighbourhood, bordering Oak Bay and minutes from downtown Victoria. The 1958-built income property offers a mix of modernized suites with stable in-place income, providing investors with a dependable cashflow asset in one of Victoria’s most supply-constrained rental markets.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Year built:
1958 (Age: 67)
Lease Type:
Sale Price
Listing General Location:
Vi Jubilee, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
6,952 sq. ft.
Taxes:
$10,760.41 / 2025
Number of Storeys:
1
Total Building Area:
4,450 sq. ft.
Commercial Area:
Downtown
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Accepted offer in place, conditional until middle of Oct.
Assessed:
2047000.0
Assessment year:
2025
Jurisdiction name:
City of Victoria
Legal Description:
LOT 19, PLAN VIP271, SECTION 75, VICTORIA LAND DISTRICT
Zoning:
R3-2 - Multiple Dwelling
Parking Features:
On Site
Total Parking Spaces:
3
Road Surface Type:
Paved
Total Units:
6
Date Listed:
Sep 03, 2025
Original Price:
1950000.0
  • Photo 1: 1660 Oak Bay Ave in Victoria: Vi Jubilee Multi Family for sale : MLS®# 1012712
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  • Photo 7: 1660 Oak Bay Ave in Victoria: Vi Jubilee Multi Family for sale : MLS®# 1012712
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Listed by Colliers
Data was last updated October 11, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
102
Avg list price:
$1,436,900
Min list price:
$10,000
Max list price:
$23,500,000
Avg days on market:
98
Min days on market:
1
Max days on market:
548
These statistics are generated based on the current listing's property type and located in Victoria. Average values are derived using median calculations. This data is not produced by the MLS® system.
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.