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MLS® 1053442New
Industrial for Sale — Sidney South-West, Sidney, BC
$2,400,000
1,2,5 2061 Malaview Ave, Sidney, BC V8L5X6
For Sale
10,685 square feet
Building area
1988
Year built
Property details
Structured details
- Ownership
- Condo/Strata
- Annual property tax
- $21,855
- Parking
- 30 spaces
Listing Information
- MLS®
- 1053442
- Listing brokerage
- Pemberton Holmes Ltd.
- Listed
- October 30, 2026
- Time on market
- 0 days
- Data last synced
- October 30, 2026
- Source
- CREA DDF®
Description
An excellent opportunity to acquire three fully leased industrial strata units at 2061 Malaview Avenue W., offering a 5.7% cap rate and significant rental upside. The offering also includes a two-bedroom residential unit. Representing half of the six-unit complex and a 66% interest in the overall strata property, these well-maintained units comprise approximately 10,685 sq. ft. of combined interior space and 30 designated parking stalls. All three strata units are occupied by long-term tenants at below-market rental rates, providing an opportunity for income growth upon renewal. The complex sits on nearly 30,000 sq. ft. of land in the West Side Industrial Area, with convenient access to BC Ferries, Victoria International Airport, Sidney and Victoria. Access from both Malaview Avenue W. and a rear laneway supports efficient circulation and loading. Each industrial unit features grade-level bay doors measuring 12 or 14 feet and full-height mezzanines, accommodating a wide range of businesses under the M1 zoning. An attractive investment combining established tenancy, a residential component and future income potential. Viewings are easily arranged. (id:63161)
CREA DDF® ListingListing Brokerage: Pemberton Holmes Ltd.
MLS® Number: 1053442
Listing data is sourced from the Canadian Real Estate Association (CREA) Data Distribution Facility (DDF®). Listing information is deemed reliable but is not guaranteed accurate by CREA or Rexara Realty Inc.
Financing calculator
Estimate your monthly payment on the $2,400,000 asking price.
Financing details
- Monthly debt service
- $23,295
- Cash required at close
- $505,000
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
Location
Local market size (Sidney)
- Population
- 12,318(+5.5% since 2016)
- Population density
- 2,410.6/km²
- Median household income
- $77,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 24.5%
- Postsecondary below bachelor's
- 36.7%
- High school diploma
- 29.1%
- No certificate/diploma
- 9.7%
Population aged 15 and over.
Commute
- Car, truck or van
- 77.2%
- Public transit
- 3.3%
- Walked
- 12.7%
- Bicycle
- 3.8%
- Other
- 3.3%
Commute duration
- Under 15 min
- 48.5%
- 15–29 min
- 29.6%
- 30–44 min
- 16.5%
- 45–59 min
- 3.3%
- 60+ min
- 2.1%
Employed labour force with a usual workplace.
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Frequently asked questions
What is the asking price for this business?
The asking price is $2,400,000.
Where is this business located?
This listing is located in Sidney, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on October 30, 2026.