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Main Photo: 681 Herald St in Victoria: Vi Downtown Multi Family for sale : MLS®# 1015639
Photo 1: 681 Herald St in Victoria: Vi Downtown Multi Family for sale : MLS®# 1015639
Photo 2: 681 Herald St in Victoria: Vi Downtown Multi Family for sale : MLS®# 1015639
Photo 3: 681 Herald St in Victoria: Vi Downtown Multi Family for sale : MLS®# 1015639
Photo 4: 681 Herald St in Victoria: Vi Downtown Multi Family for sale : MLS®# 1015639
Photo 5: 681 Herald St in Victoria: Vi Downtown Multi Family for sale : MLS®# 1015639
Photo 6: 681 Herald St in Victoria: Vi Downtown Multi Family for sale : MLS®# 1015639
Photo 7: 681 Herald St in Victoria: Vi Downtown Multi Family for sale : MLS®# 1015639
Photo 8: 681 Herald St in Victoria: Vi Downtown Multi Family for sale : MLS®# 1015639
Photo 9: 681 Herald St in Victoria: Vi Downtown Multi Family for sale : MLS®# 1015639
Photo 10: 681 Herald St in Victoria: Vi Downtown Multi Family for sale : MLS®# 1015639
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1015639
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.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building
Lease Type:
Sale Price
Listing General Location:
Vi Downtown, Victoria
Bathrooms:
- (Full:-/Half:-)
Taxes:
$16,683.74 / 2025
Total Building Area:
8,631 sq. ft.
Commercial Area:
Downtown
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
3197000.0
Assessment year:
2025
Jurisdiction name:
City of Victoria
Legal Description:
LOT 613, VICTORIA LAND DISTRICT
Units in Building:
17
Parking Features:
On Site
Total Units:
17
Date Listed:
Oct 02, 2025
Original Price:
4500000.0
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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.
Troy Hawboldt
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