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0.6 acres multi-family rental in Victoria sells for $13 Million

Victoria 43-unit apartment building sells for $13 million ask

Western Investor Staff
Western Investor

Starlight Acquisitions paid full list price for the multi-family property on a 0.6-acre site in the James Bay neighbourhood

Colliers, Victoria, B.C., for Western Investor

 

Property type: Multi-family rental

Location: 465 Niagara Street, Victoria, B.C.

Number of units: 43

Size of property: 26,136 square feet

Lot size, in acres: 0.6 acres

Zoning: R3-2 (Multiple dwelling district)

List price: $13 million

Sale price: $13 million

Buyer: Starlight Acquisitions Ltd., Toronto, Ontario

Date of sale; November 10, 2022

Brokerage: Colliers, Victoria, B.C.

Brokers: Ken Cloak, Grant Evans and Dominic Ricciuti

 

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