1760 Fort St - Apartments FOR SALE


Victoria, BC V8R 1J4
$4,750,000 CAD
250-414-8392
1760 Fort St, Victoria, BC for Sale
$4,750,000 CAD
Apartments - FOR SALE
1/1
null | Request Cap Rate

1760 Fort St
Victoria, BC V8R 1J4


HIGHLIGHTS

  • Fully occupied 18-unit apartment building in Victoria's South Jubilee neighborhood.
  • Walking distance to Royal Jubilee Hospital, grocery stores, and daily services.
  • Located along a major transit corridor with access to Downtown Victoria and UVic.
  • Features separately metered hydro for most units and natural gas heating.
  • Includes seller-owned laundry facilities, storage lockers, and on-site parking.
  • Situated within a mature rental market near the Oak Bay boundary.

OVERVIEW

Ashford Court is an 18-unit apartment building located at 1760 Fort Street in Victoria’s South Jubilee neighborhood, near the Oak Bay boundary. The property offers investors the opportunity to acquire a fully occupied rental asset within one of Victoria’s most established residential districts. The building is situated on a ±13,960-square-foot site and features a mix of primarily two-bedroom suites, supporting broad tenant appeal and long-term rental demand. The property's location contributes significantly to its investment profile. Positioned along a major transit corridor, Ashford Court provides convenient access to downtown Victoria, the University of Victoria, and Camosun College. Residents benefit from walkable access to daily amenities including grocery stores, restaurants, cafes, pharmacies, and recreational facilities. Royal Jubilee Hospital is located within walking distance, providing a major nearby employment anchor and supporting consistent housing demand in the area. Operationally, the asset features separately metered hydro for most units, natural gas hot water radiant heating, on-site laundry facilities with seller-owned equipment, storage lockers, and surface parking for residents and visitors. The building reports 100% occupancy and includes 14 paved parking stalls and 17 storage lockers. Investors may also recognize potential income growth through future tenant turnover where rents may be adjusted to market conditions in accordance with applicable regulations. Victoria continues to experience limited rental housing supply and sustained demand from healthcare, education, government, and service-sector employment bases. Ashford Court combines a central location, stable occupancy, and established tenancy within a mature urban neighborhood.

FOR SALE DETAILS

PRICE

$4,750,000 CAD

PRICE/SF

$296 CAD /SF

# OF UNITS

18

PRICE/UNIT

$263,889

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,960 SF

ZONING

CVD-1

APN/PARCEL ID

003-945-740

ASK ABOUT THIS PROPERTY

Marc FoucherColliersMore Info
250-414-8392

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Marc FoucherColliersMore Info
250-414-8392

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.