
For Sale
| 36-Suite Multifamily Building on ± 30,797 SQFT Lot
Multifamily
Price:
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Wellington Manor is a four-storey, wood framed low rise apartment block consisting of 36 suites. The property is located within the Jubilee neighbourhood of Victoria, surrounded by endless amenities including the Royal Jubilee Hospital, medical offices, schools, and grocery anchored retail plazas. The exterior has been thoughtfully updated providing a vibrant, mid-century modern aesthetic, featuring accent panels and modernized address signage creating a standout presence on the street.
With stable in-place income and future potential to increase rents in line with market trends, this asset is ideally suited for investors seeking a strategic, income-producing property in Victoria’s resilient multifamily market.
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Positioned along Fort Street, one of Victoria’s key east–west arterials, the property offers exceptional connectivity to both Downtown Victoria (5 minutes west) and the Oak Bay Village shopping district (3 minutes east). The immediate area is highly walkable, surrounded by an established mix of medical offices, educational institutions, boutique retail, cafés, and restaurants, supporting a strong tenant lifestyle base.
The surrounding Fairfield, Oaklands, and Fernwood neighbourhoods are among Victoria’s most desirable residential areas, offering access to employment, recreation, and community amenities. Fort Street serves as a primary transit and cycling route, ensuring convenient access throughout the city. Tenants benefit from nearby grocery stores, fitness studios, pharmacies, and daily conveniences, all within walking distance. Recreational amenities include Pemberton Park, Haultain Corners, and Cook Street Village, enhancing the area’s livability and tenant retention potential.
Price:
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