Investor activity has slowed in Victoria, particularly for condos. Higher carrying costs, uncertainty around the provincial vacancy tax, and tighter rent controls have reduced the appeal of speculative purchases . Multi-unit residential properties in core neighbourhoods still attract investors with a long-term outlook. Single-unit condo investors are much harder to find right now.
**What this means for sellers:** If your property appeals to investors (suited basements, multiple units, commercial zoning), target the long-term hold crowd rather than flippers. If you’re selling a condo, focus on end-user buyers — first-time buyers or downsizers — rather than hoping for an investor bailout.
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Thinking of selling? Work with Dale Sheppard to sell your home.