ISLANDSOLD
Investment & Income Properties
Investment Properties

Investment & Income Properties

Duplexes, multi-family homes, and rental-income properties on Vancouver Island. Build wealth through real estate.

Featured Properties

99 listings
MLS-verified via VREB
View all
497 Rockland Rd, Campbell River BC V9W 1N8
497 Rockland Rd, Campbell River BC V9W 1N8 - 0 bed, 0.0 bath in Campbell River
$849,000
For Sale

497 Rockland Rd, Campbell River BC V9W 1N8

Campbell River, BC

0.0 bath · 2 days

Multi Family

Courtesy of Royal LePage Advance Realty

MLS® Reciprocity
950 Bruce Ave, Nanaimo BC V9R 4A3
950 Bruce Ave, Nanaimo BC V9R 4A3 - 0 bed, 0.0 bath in Nanaimo
$1,850,000
For Sale

950 Bruce Ave, Nanaimo BC V9R 4A3

Nanaimo, BC

0.0 bath · 3 days

Multi Family

Courtesy of eXp Realty (NA)

MLS® Reciprocity
2980 Lofthouse Rd, Cassidy BC V9X 1N6
2980 Lofthouse Rd, Cassidy BC V9X 1N6 - 0 bed, 0.0 bath in Cassidy
$13,250,000
For Sale

2980 Lofthouse Rd, Cassidy BC V9X 1N6

Cassidy, BC

0.0 bath · 4 days

Multi Family

Courtesy of Engel & Volkers Vancouver Island North

MLS® Reciprocity
3227 Woodrush Dr, Duncan BC V9L 0J9
3227 Woodrush Dr, Duncan BC V9L 0J9 - 3 bed, 2.0 bath in Duncan
$929,000
For Sale

3227 Woodrush Dr, Duncan BC V9L 0J9

Duncan, BC

3 bed · 2.0 bath · 1,661 sf · 9 days

Triplex

Courtesy of eXp Realty (NA)

MLS® Reciprocity
112 Elk Rd, Lake Cowichan BC V0R 2G0
112 Elk Rd, Lake Cowichan BC V0R 2G0 - 3 bed, 3.0 bath in Lake Cowichan
$599,000
For Sale

112 Elk Rd, Lake Cowichan BC V0R 2G0

Lake Cowichan, BC

3 bed · 3.0 bath · 1,460 sf · 9 days

Triplex

Courtesy of D.F.H. Real Estate Ltd. (CwnBy)

MLS® Reciprocity
2329 Dowler Pl, Victoria BC V8T 4H5
2329 Dowler Pl, Victoria BC V8T 4H5 - 0 bed, 0.0 bath in Victoria
$1,499,900
For Sale

2329 Dowler Pl, Victoria BC V8T 4H5

Victoria, BC

0.0 bath · 15 days

Multi Family

Courtesy of eXp Realty

MLS® Reciprocity
531 Kennedy St, Nanaimo BC V9R 2J6
531 Kennedy St, Nanaimo BC V9R 2J6 - 0 bed, 0.0 bath in Nanaimo
$2,040,000
For Sale

531 Kennedy St, Nanaimo BC V9R 2J6

Nanaimo, BC

0.0 bath · 16 days

Multi Family

Courtesy of NAI Commercial (Victoria) Inc.

MLS® Reciprocity
1154 2nd Ave, Ladysmith BC V9G 1A4
1154 2nd Ave, Ladysmith BC V9G 1A4 - 0 bed, 0.0 bath in Ladysmith
$679,900
For Sale

1154 2nd Ave, Ladysmith BC V9G 1A4

Ladysmith, BC

0.0 bath · 19 days

Multi Family

Courtesy of Island Pacific Realty Ltd.

MLS® Reciprocity
1330 Johnson St, Victoria BC V8V 3P1
1330 Johnson St, Victoria BC V8V 3P1 - 7 bed, 3.0 bath in Victoria
$995,000
For Sale

1330 Johnson St, Victoria BC V8V 3P1

Victoria, BC

7 bed · 3.0 bath · 3,084 sf · 23 days

Triplex

Courtesy of Royal LePage Coast Capital - Oak Bay

MLS® Reciprocity
123 Cambridge St, Victoria BC V8V 4B1
123 Cambridge St, Victoria BC V8V 4B1 - 0 bed, 0.0 bath in Victoria
$2,290,000
For Sale

123 Cambridge St, Victoria BC V8V 4B1

Victoria, BC

0.0 bath · 23 days

Multi Family

Courtesy of Century 21 Queenswood Realty Ltd.

MLS® Reciprocity
601 Su'it St, Victoria BC V8V 4C4
601 Su'it St, Victoria BC V8V 4C4 - 0 bed, 0.0 bath in Victoria
$2,374,900
For Sale

601 Su'it St, Victoria BC V8V 4C4

Victoria, BC

0.0 bath · 23 days

Multi Family

Courtesy of Century 21 Queenswood Realty Ltd.

MLS® Reciprocity
1405 Fisher Rd, Cobble Hill BC V8H 0H7
1405 Fisher Rd, Cobble Hill BC V8H 0H7 - 0 bed, 0.0 bath in Cobble Hill
$875,000
For Sale

1405 Fisher Rd, Cobble Hill BC V8H 0H7

Cobble Hill, BC

0.0 bath · 24 days

Multi Family

Courtesy of Coldwell Banker Oceanside Real Estate

MLS® Reciprocity

Investing on Vancouver Island

Vancouver Island's rental market remains strong, driven by limited housing supply, growing population, steady in-migration from the Mainland, and a large post-secondary student population in Victoria and Nanaimo. Vacancy rates across Vancouver Island communities have historically been among the lowest in British Columbia. Investors benefit from a combination of rental income potential and long-term property appreciation in a region with natural supply constraints and sustained demand. The Island's diverse economy, spanning government, military, technology, tourism, and education, provides stable tenant demand across economic cycles.

Popular Investment Strategies

Duplexes and triplexes allow owner-occupier investors to live in one unit while renting the others, offsetting mortgage costs significantly. Secondary suites in single-family homes, now permitted in most municipalities under provincial housing legislation, offer another income stream. Purpose-built rental properties in growing cities like Langford, Nanaimo, and Courtenay can generate steady cash flow. Short-term rental opportunities exist in tourism-heavy areas, though municipal regulations vary and should be verified before purchase. Strata-titled investment condos near universities provide reliable student tenant demand.

Regulatory Considerations

BC's tenancy laws, including rent increase caps tied to inflation, security deposit limits, and tenant protection rules, are important factors for landlords to understand. The province sets the maximum allowable rent increase annually. Municipalities may have additional regulations around secondary suites, short-term rentals, and multi-family zoning. We help investors evaluate properties for rental potential, understand regulatory obligations, and connect with property management professionals who know the local market.

Buying in This Area? Get Offer-Ready.

The Prepared Buyer Program gives qualified buyers $6,000 to $10,000 back at completion. Pre-approval in hand, exclusive agreement in place, specific property identified.

MLS® property information is provided under copyright© by the Victoria and Vancouver Island Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website must only be used by consumers for the purpose of locating and purchasing real estate.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

*Where indicated, "PREC" means Personal Real Estate Corporation.

© 2026 IslandSold.com - Vancouver Island Real Estate. All rights reserved.