Park Royal Manor

For Sale

1060 Pakington Street, Victoria, BC, Victoria, BC 831

This Victoria property for sale is located at 1060 Pakington Street, Victoria, BC. The current listed sale price for Park Royal Manor is $10,250,000.

Contacts

Carey Buntain

Avison Young

Chris Wieser

Avison Young

Kevin Murray

Avison Young - Vancouver

Megan Low

Avison Young

Property Details

  • Property Type Other
  • Units 33
  • Date Updated May 27, 2026

Avison Young’s Multi-Family Team is pleased to present Park Royal Manor, a rare value-add opportunity featuring a 33-unit rental apartment building located at 1060 Pakington Street in Victoria, British Columbia (the“Property”). The Property is a well-maintained multi-family asset offering a strong going-in yield for investors, along with significant upside in rental revenue upon unit turnover.

Ideally situated in Victoria’s inner core—minutes from Downtown Victoria, steps from Cook Street Village, and surrounded by premier amenities—Park Royal Manor represents a unique investment opportunity with substantial potential to capitalize on one of Canada’s most desirable rental markets.

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Highlights

  • Attractive mix of bachelor, one-, and two-bedroom suites
  • Centralized location in Fairfield, steps away from Cook Street Village
  • Significant capital improvements made by the current owner
  • Three ancillary income sources from parking, storage lockers, and laundry
  • Well-maintained units offering significant value-add potential

Getting around

  • 94/100

    Walk Score ®

  • 83/100

    Transit Score ®

  • 84/100

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Location

  • City Victoria, BC
  • Neighborhood Fairfield West
  • Zip Code 831
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