Pleased to offer for sale a 100% interest in 681 Herald Street, a 17-unit apartment building located on the edge of Victoria’s downtown core. Originally constructed as a motel and restaurant, the property has been extensively renovated and converted into residential use, offering a rare opportunity to acquire a turnkey multifamily asset in a highly central location. This well maintained apartment building features 16 bachelor suites, and one two-bedroom suite, with shared coin operated laundry available on-site. Efficiently run building with minimal common area costs, no elevator, and low ongoing maintenance requirements.
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Listed by Colliers
Data was last updated October 5, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
51
Avg list price:
$499,000
Min list price:
$10,000
Max list price:
$12,950,000
Avg days on market:
72
Min days on market:
2
Max days on market:
992
These statistics are generated based on the current listing's property type
and located in
Vi Downtown. Average values are
derived using median calculations. This data is not produced by the MLS® system.