Adelaide
540 West Bay Terrace, Esquimalt
FOR SALE
Property Details
- Storeys 6
- Year Built 2024
- Total Net Rentable Area 68,856 sf
- Residential Units 105
- Ownership Status Held in a bare trust – opportunity for a purchaser to save on property transfer tax
- Pricing Guidance Contact listing agents
Overview
The Avison Young Multi-Family Team is proud to present Adelaide (the “Property”), a newly completed six-storey rental community in the heart of Esquimalt’s highly coveted West Bay waterfront. Built in 2024, this best-in-class property offers 105 modern rental units across a family-friendly mix of studio, 1, 2, & 3 bedroom units. Designed with a focus on quality, efficiency, and long-term durability, the project pairs contemporary living spaces with lifestyle-focused amenities, including a panoramic rooftop terrace with sweeping ocean and harbour views, outdoor saunas, games and entertainment areas, fireplaces, and extensive bike and vehicle parking. The Property offers a rare opportunity to acquire a brand-new rental building in one of Greater Victoria’s most desired rental markets, providing stable long-term cash flow supported by strong regional demand.


