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.646 m2
Taxes:
$10,760.41 /
2025
Number of Storeys:
1
Total Building Area:
4,450 sq. ft.413 m2
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
To access this listing, please create a free account
Listed by Colliers
Data was last updated October 11, 2025 at 04:05 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.