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Victoria 28-unit rental building sells for $8.4 million

Off-market deal nets Belmont Properties the updated four-storey multi-family rental property in Esquimalt community of the Capital Region
Colliers, Victoria, for Western Investor

Property type Multi-family rental

Location: 1337 Saunders Street, Victoria, B.C.

Number of units: 28

Size of property: 22,889 square feet

Land size in acres: 0.55 acres

Zoning: RM-4

Type of deal: Off-market

Buyer: Belmont Properties, Victoria, B.C.

Sale price: $8.4 million

Date of sale: July 26, 2023

Brokerage: Colliers, Victoria, B.C.

Brokers: Ken Cloak and Grant Evans