10,685 sqft

C$2,400,000

2061 Malaview Ave #1,2,5, Sidney BC, V8L 5X6

Price per sqftC$224.61

Built in1988

Property size10,685 sqft

Property typeCommercial

Courtesy of Pemberton Holmes Ltd.

Overview

Active

Listed Oct 30, 2026

Updated 10 days ago

An excellent opportunity to acquire 3 fully leased industrial strata units offering a 5.7% cap rate and significant rental upside. The offering also includes a 2-bed residential unit. Representing half of the six-unit complex and a 66% interest in the overall property, these well-maintained units comprise approx. 10,685 sqft. of combined interior space and 30 designated parking stalls. All 3 strata units are occupied by long-term tenants at below-market rental rates, providing an opportunity for income growth upon renewal. The strata complex sits on nearly 30,000 sq. ft. of land with convenient access to BC Ferries, the Airport, Sidney and Victoria. Access from both Malaview Ave and a rear laneway supports efficient circulation and loading. Each industrial unit features grade-level bay doors,12 or 14 feet and full-height mezzanines, accommodating a wide range of businesses under the M1 zoning. An attractive investment with established tenancy, a residential component and future upside.

Other Property Details

Taxes: $21,855
Tax Frequency: Annually

Courtesy of Pemberton Holmes Ltd., Kane Ryan

Listing Contact: 250-986-8900

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