885 Old Esquimalt Rd
Esquimalt, BC V9A4W9
$6,750,000
Property Details
Property & Lot
- Sub-type
- Multi-Family
- Lot size
- 0.54 acres
- Zoning
- Unknown
RM-4 Multi Family
Ownership & Fees
- Property type
- Other
- Ownership
- Freehold
- Annual property tax
- $28,707
Interior
- Heating
- Baseboard heaters, Electric
- Fireplace
- None
Exterior & Lot
- View
- City view
Parking
- Total spaces
- 34
Listing Information
- MLS®
- 1046976
- Listed
- August 15, 2026
- Time on market
- On the market for 16 days
- Data last synced
- August 28, 2026
Listing provided by: Pemberton Holmes Ltd. · Data source: CREA DDF.
Description
Great investment opportunity! Well managed 25 units rental apartment building features a desirable mix of spacious 8 two bedrooms, 11 one bedroom and 6 bachelor suites. This 4-storey wood-frame building is situated on a large 23,600 square foot lot. Total 34 parkings and 19 are covered carport parkings. Separate hydro meters in all units and the tenants pay heat and hydro. Situated in a very convenient location close to downtown, schools, parks and bus route. Call for more details and information package. (id:63159)
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Old Esquimalt average
$404/sqft
1 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
15°C
—
Humidity 82%
Wind N 2 km/h
Tonight
12°
Tuesday
19°
Tuesday night
13°
Wednesday
15°
Wednesday night
11°
Thursday
15°
Source: Environment and Climate Change Canada.
Population
17,653
(2021 Census)
Density: 2,418.2/km²
Dwellings: 9,036
Median household income: $76,000
After-tax: $67,500
Immigrant population: 15.3%
Top countries of origin (% of total population)
- United Kingdom3% · 525
- Philippines1.5% · 270
- United States of America1.2% · 215
- India0.8% · 145
- China0.7% · 115
- Germany0.5% · 85
- Viet Nam0.3% · 60
- France0.3% · 50
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
56
6/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Victor-Brodeur | K-12 | 202 m |
| Beausoleil | Elementary | 202 m |
| Esquimalt High School | Secondary | 583 m |
| Victoria West Elementary | Elementary | 820 m |
| Ecole Macaulay Elementary | Elementary | 886 m |
| Rockheights Middle School | Elementary | 973 m |
| Selkirk Montessori School(Independent) | Elementary/Middle | 1.8 km |
| SJ Burnside Education Centre | Secondary | 2.1 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Restaurants (5+)
- Pizza Hut · 890C Esquimalt Road246 m
- Parthenon Pizza298 m
- The Blue Nile299 m
- Sushi Story302 m
- Bunny's Nook Kitchen · 904B Esquimalt Road305 m
Cafes (3)
- Esquimalt Roasting Company · 854 Esquimalt Road148 m
- Tim Hortons213 m
- Marina Bay Cafe · 474 Head Street710 m
Parks (5+)
- Brodeur Field · Old Esquimalt Road99 m
- Hereward Green · 904 Hereward Road404 m
- Barnard Park · 300 Barnard Avenue500 m
- West Bay Walkway545 m
- Highrock Park · 710 Cairn Road599 m
Gyms (1)
- Third Space · 918 Esquimalt Road354 m
Pharmacies (2)
- Shoppers Drug Mart · 870 Esquimalt Road159 m
- Heart Pharmacy · 890 Esquimalt Road260 m
Banks & ATMs (1)
- Unnamed216 m
Nearby places data: © OpenStreetMap contributors.
School district: Victoria (SD61)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($1,350,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.