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.
Property Details
Features & Details
Property Type
Industrial
Parking
30 spaces
Year Built
1988
Taxes
$21,855 (2026)
MLS® #
1053442
Brokerage
Pemberton Holmes Ltd.
Location
Map
Neighbourhood
Neighbourhood Scores
Public record · MLS® record
Property History
For sale now at $2,400,000.
Listed (Active)MLS®
Oct 30, 2026 · 0 days on market
$2,400,000
•••••Members-only MLS® event
Apr 2025
$•,•••,•••
•••••Members-only MLS® event
Nov 2024
$•,•••,•••
No registered sales on file yet.
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Sources: MLS® (current listing and 8X deals), BC Assessment / Land Title, used under licence. Days on market are per listing. Terms of Use.
Sold Comparables
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sold comparables
See what comparable homes near #1,2,5 – 2061 Malaview Ave, Sidney actually sold for.
16 sales in Sidney South-West in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
See what comparable homes near #1,2,5 – 2061 Malaview Ave, Sidney actually sold for.
16 sales in Sidney South-West in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
How much is #1,2,5 – 2061 Malaview Ave, Sidney listed for?
It is listed at $2,400,000.
What kind of home is #1,2,5 – 2061 Malaview Ave, Sidney?
A Industrial in Sidney South-West, Sidney with built in 1988.
Does #1,2,5 – 2061 Malaview Ave, Sidney have parking?
It has 30 parking spaces (On Site).
What is the Sidney real estate market like now?
Sidney is currently a seller's market: median sold price $876,250, 1.5 months of inventory, homes typically selling in about 26 days.
What other commercial properties are for sale in Sidney South-West?
There are 3 commercial properties for sale in Sidney South-West right now. Browse all Sidney South-West commercial properties for sale to see current listings, updated daily from the MLS® system.
How much do commercial properties cost in Sidney South-West?
The median commercial propertie sold price in Sidney South-West is $876,250, based on 16 sales over the past 12 months. The median price per square foot is $604. Compare asking prices across the commercial properties currently for sale in Sidney South-West.