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Commercial Multifamily for Sale

Explore available Metro Vancouver, BC Commercial Multifamily Properties for Sale on MLS® and find the ideal investment for your needs! This category includes multi-unit properties, apartment buildings, and other multifamily units for sale. Typically, anything larger than a fourplex qualifies as commercial real estate. Contact us to set up custom search notifications for you!

Browse Active Commercial Multifamily Properties for Sale - MLS® Listings

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  • 2270 Lougheed Highway, Port Coquitlam - Central Pt Coquitlam

    2270 Lougheed Highway Central Pt Coquitlam Port Coquitlam V3B 6A9
    Main Photo: 2270 Lougheed Highway, Port Coquitlam - Central Pt Coquitlam
    $1,598,000
    Land Commercial, Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8080320
    Build. Type:
    See Remarks
    High exposure building lot zoned CC at at the main gateway to Port Coquitlam (south side of Lougheed Highway at the intersection of Shaughnessy Street), very high visibility with a daily traffic counts in excess of 45,000 vehicles. Community commercial zoning allows for mixed residential 4 story with commercial first floor. The lot fronts Lougheed Highway (175' frontage). Phase 1 & 2 environmental reports completed. Contact listing agent for an information package. More details
    Listed by Royal LePage West Real Estate Services
    AMAR SHAN
    DANA BALAN
  • 610 Blackford Street, New Westminster - Uptown NW

    610 Blackford Street Uptown NW New Westminster V3M 1R6
    Main Photo: 610 Blackford Street, New Westminster - Uptown NW
    $7,500,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8080346
    NAI Apartments is pleased to present Key Manor, a 29 unit apartment building located on Blackford Street in New Westminster, between Sixth and Seventh Streets. The suite mix includes 6 junior one bedroom suites, 16 one bedroom suites and 7 two bedroom suites, providing a strong mix of rental housing in an established New Westminster location. The property has benefited from more than $500,000 in building improvements, including a mansard roof replacement in January 2020, exterior painting, upgraded common areas with new flooring, paint and lighting, and upgraded boiler and hot water tank systems. Key Manor has also completed a significant suite renovation program, with over 18 of the 29 suites renovated with updated finishes and new appliances. More details
    Listed by NAI Commercial
    AMAR SHAN
    DANA BALAN
  • 3589 Commercial Street, Vancouver - Victoria VE

    3589 Commercial Street Victoria VE Vancouver V5N 4E9
    Main Photo: 3589 Commercial Street, Vancouver - Victoria VE
    $3,840,000
    Multi-Family Commercial, Retail
    Status:
    Active
    MLS® Num:
    C8080189
    Build. Type:
    Mixed Use
    Floor Area:
    6,000 sq. ft.
    Welcome to Gow Block, a noteworthy building located at the corner of Commercial Street and East 20th in the Kensington Cedarcove Neighbourhood. The building consists of 4 commercial units at grade and 4 residential units above. The property was fully restored in 2012 and had the roof done in 2022. Central location with great neighbourhood amenities nearby. The building is fully tenanted and produces a 5.09% return at ask. More details
    Listed by Lennard Commercial Realty Vancouver Ltd.
    AMAR SHAN
    DANA BALAN
  • 1222 Fifth Avenue, New Westminster - Uptown NW

    1222 Fifth Avenue Uptown NW New Westminster V3M 1Y8
    Main Photo: 1222 Fifth Avenue, New Westminster - Uptown NW
    $5,550,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8080241
    Exceptional opportunity to acquire a substantially renovated 21 unit apartment building in New Westminster. The property features 16 one bedroom and five two bedroom suites, private balconies, underground parking, and in suite laundry in 18 units. Extensive improvements completed in 2016 included new plumbing, windows, balconies, kitchens, flooring, appliances, suite interiors, and upgrades to the lobby and common areas. Potential to own with less than 30% down. More details
    Listed by NAI Commercial
    AMAR SHAN
    DANA BALAN
  • 24578 Lougheed Highway, Maple Ridge - Albion

    24578 Lougheed Highway Albion Maple Ridge V2W 1M2
    Main Photo: 24578 Lougheed Highway, Maple Ridge - Albion
    $1,899,900
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8080119
    Build. Type:
    Mul Tenant/MultiPlex (5+)
    Floor Area:
    1,992 sq. ft.
    Exceptional 2.41-acre property located along Lougheed Highway offering Fraser River views and frontage along a high-exposure corridor in Maple Ridge. The property is zoned CS-3 (Recreation Commercial) under the City of Maple Ridge Zoning Bylaw No. 7600-2019. This designation is intended to accommodate recreation- and tourism-oriented commercial uses. Principal permitted uses within the CS-3 zone include campground, indoor commercial recreation, outdoor commercial recreation, and tourist accommodation, all subject to the regulations and development standards outlined in the City’s zoning bylaw. The site currently includes four occupied residences providing holding income. Any future use or redevelopment would be subject to municipal approvals and compliance with applicable zoning regulations, setbacks, parking requirements, and other development standards. Located steps from the river, the property offers a natural setting within an established and evolving section of the Lougheed Highway corridor. More details
    Listed by eXp Realty
    AMAR SHAN
    DANA BALAN
  • 9333-9388 Tomicki Ave & Odlin Road, Richmond - West Cambie

    9333-9388 Tomicki Ave & Odlin Road West Cambie Richmond V6X 0L5
    Main Photo: 9333-9388 Tomicki Ave & Odlin Road, Richmond - West Cambie
    $1,299,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8080082
    Build. Type:
    Condo Strata Complex
    Floor Area:
    4,910 sq. ft.
    Investor Alert!! Rare Available!! Richmond's Low End Market Rental(LEMR) units for sale at OMEGA built by Concord Pacific. Two 1 bed plus den units (672sqft-679sqft) and Three 2 bed plus den (941sqft-957sqft) total 5 affordable housing available to purchase together. Great rental income with low property tax. 9'ceilings wit A/C, features wide plank laminate floors in the living area, engineered quartz countertops and porcelain tile backsplash and integrated appliance package with gas cook top. Easy access to transit, steps away from the shops of Central at Garden City & the restaurants on Alexandra Rd! Amenities including fully equipped fitness centre, catering kitchen with dining area, pool table & beautifully landscaped courtyard. Perfect location for investment. More details
    Listed by Sutton Group - Vancouver First Realty
    AMAR SHAN
    DANA BALAN
  • 1747 Nanaimo Street, Vancouver - Grandview Woodland

    1747 Nanaimo Street Grandview Woodland Vancouver V5N 5C1
    $3,790,000
    Multi-Family Commercial, Retail
    Status:
    Active
    MLS® Num:
    C8080059
    Build. Type:
    Freestanding
    Floor Area:
    2,317 sq. ft.
    Prime Mixed-Use Investment Opportunity! Excellent opportunity to own a well-maintained mixed-use commercial building in a high-visibility location . The main floor features a retail/commercial space with strong street exposure, while the upper level offers a residential suite providing reliable rental income. Ideal for investors or owner-operators looking to offset expenses with residential revenue. The commercial space is suitable for a variety of business uses (buyer to verify with the municipality), while the upstairs residence offers comfortable living accommodations or an attractive rental opportunity. Features include separate entrances, ample parking, excellent exposure, and convenient access to nearby amenities. With multiple income streams and future upside through rental increases, redevelopment, or business expansion (subject to municipal approvals), this property offers outstanding long-term value. More details
    Listed by RE/MAX Crest Realty
    AMAR SHAN
    DANA BALAN
  • 8011 Lucas Road, Richmond - Garden City

    8011 Lucas Road Garden City Richmond V6Y 1G2
    Main Photo: 8011 Lucas Road, Richmond - Garden City
    $7,500,000
    Land Commercial, Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8080038
    Build. Type:
    Mul Tenant/MultiPlex (5+)
    Floor Area:
    1,357 sq. ft.
    Prime Investment Opportunity in Broadmoor. A rare chance to acquire 52,444 sq. ft. of holding property in one of Richmond’s most sought-after locations. This asset includes five well-maintained duplexes with 10 suites. Strategically positioned just east of No. 3 Road, Laddy Court offers convenient access to Richmond Centre, the Canada Line, schools, and key amenities. This property presents strong potential for future redevelopment or long-term capital appreciation. Listed below assessed value and sold as-is, where-is, this is an outstanding opportunity for investors seeking high-growth potential in a central, high-demand area. Can be purchased with adjoining 8340 No. 3 Road if desired (MLS #R3141447) More details
    Listed by Macdonald Realty Westmar
    AMAR SHAN
    DANA BALAN
  • 3636 Fraser Street, Vancouver - Fraser VE

    3636 Fraser Street Fraser VE Vancouver V5V 1R9
    Main Photo: 3636 Fraser Street, Vancouver - Fraser VE
    $4,350,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8079864
    Floor Area:
    8,150 sq. ft.
    The Avison Young Multi-Family Team is offering Roddington Apartments, a 13-suite, three-storey rental building at 3636 Fraser Street in Vancouver. The property includes a mix of unit types, including a live/work loft, and has undergone upgrades such as thermal windows, structural and safety improvements, individual hot water systems, and a new storage locker room. Located in Kensington-Cedar Cottage, it provides strong access to amenities and transit. This is an opportunity to acquire a stabilized income-producing asset with long-term value growth potential in a highly desirable neighbourhood. For more information about this listing, please reach out to megan.low@avisonyoung.com or call 778-245-1996. More details
    Listed by Avison Young Commercial Real Estate Services, LP
    AMAR SHAN
    DANA BALAN
  • 628 Twelfth Street, New Westminster - West End NW

    628 Twelfth Street West End NW New Westminster V3M 4J4
    Main Photo: 628 Twelfth Street, New Westminster - West End NW
    $1,449,900
    Multi-Family Commercial, Retail
    Status:
    Active
    MLS® Num:
    C8079918
    Build. Type:
    Freestanding
    Floor Area:
    2,400 sq. ft.
    A rare C2-zoned holding property in one of New West's strongest growth corridors. The building features a newly renovated restaurant space alongside a separate, self-contained residential unit — fully leased and income-producing on month-to-month tenancies, giving an investor flexibility to hold and collect now or move toward redevelopment on their own timeline. The real upside is the land. Offered in conjunction with the adjacent 630 Twelfth Street, the combined site assembles approximately 62 feet of frontage — a development-scale parcel with potential for a 4 storey mixed-use or multifamily residential building, subject to City of New Westminster approvals. Build, hold, or land-bank in a walkable, transit-friendly location close to shops, dining, and amenities. Must be sold in conjunction with 630 Twelfth Street. All tenancies are month-to-month. More details
    Listed by Oakwyn Realty Ltd.
    AMAR SHAN
    DANA BALAN
  • 6436 Waltham Avenue, Burnaby - Upper Deer Lake

    6436 Waltham Avenue Upper Deer Lake Burnaby V5H 3V5
    Main Photo: 6436 Waltham Avenue, Burnaby - Upper Deer Lake
    $2,598,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8079857
    Floor Area:
    3,982 sq. ft.
    6436 Waltham Avenue is a 9,625 SF corner property in Burnaby's Windsor neighbourhood, offering excellent exposure and convenient access to Metrotown, SkyTrain, parks, schools, and major commuter routes. Designated in the Official Community Plan for townhouse development up to four storeys and currently zoned R1 under Burnaby's Small Scale Multi Unit Housing framework, the site offers redevelopment potential without the need for rezoning. Existing MTM tenancy provides holding income, making this an attractive opportunity for an owner-user, investor, or developer seeking immediate utility and long-term upside. More details
    Listed by Macdonald Commercial Real Estate Services Ltd.
    AMAR SHAN
    DANA BALAN
  • 1635 Marine Drive, North Vancouver - Norgate

    1635 Marine Drive Norgate North Vancouver V7P 1V1
    Main Photo: 1635 Marine Drive, North Vancouver - Norgate
    $3,549,000
    Multi-Family Commercial, Retail
    Status:
    Active
    MLS® Num:
    C8079758
    Build. Type:
    Freestanding
    Floor Area:
    4,290 sq. ft.
    Embrace the epitome of urban investment in the heart of North Vancouver’s Norgate community. Meticulously rebuilt from the studs out, this mixed use property features three modern residential units that have been leased, together with two perfectly sized retail spaces fronting busy Marine Drive that are currently vacant and ready for occupancy. Each residential unit offers contemporary finishes and efficient layouts suited to today’s urban renter. The retail spaces include storage, HVAC and a built out washroom, providing a practical base for a range of users. Centrally located, the building enjoys excellent access to transit, amenities, dining and entertainment. Benefit from North Vancouver’s strong market fundamentals, low vacancy rates, population growth and upward pressure on rents, all strategically positioned within a thriving and dynamic community. More details
    Listed by Royal LePage Sussex
    AMAR SHAN
    DANA BALAN
  • 1108 Commercial Drive, Vancouver - Grandview Woodland

    1108 Commercial Drive Grandview Woodland Vancouver V5L 3X2
    Main Photo: 1108 Commercial Drive, Vancouver - Grandview Woodland
    $3,498,000
    Multi-Family Commercial, Retail
    Status:
    Active
    MLS® Num:
    C8079749
    Build. Type:
    Mixed Use
    Floor Area:
    4,000 sq. ft.
    The DRIVE, formerly known as “Little Italy,” is a unique Vancouver neighbourhood and shopping district. C-2C1 zoning with high-traffic, high-visibility retail exposure makes this an excellent business opportunity. This two-storey free-standing building features two 2-bedroom residential suites on the second level and two retail units on the ground floor, offering approximately 4,000 sq. ft. of total space. Three parking spaces are located at the rear. Conveniently located close to Britannia Community Services Centre, Britannia Elementary and Secondary Schools, and just steps from Grandview Park. Please do not disturb the existing tenant. More details
    Listed by RE/MAX City Realty
    AMAR SHAN
    DANA BALAN
  • 4265 Slocan Street, Vancouver - Renfrew Heights

    4265 Slocan Street Renfrew Heights Vancouver V5R 1Z2
    Main Photo: 4265 Slocan Street, Vancouver - Renfrew Heights
    $1,599,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8079640
    Build. Type:
    Freestanding
    Floor Area:
    2,328 sq. ft.
    Revenue Property with Future Redevelopment Potential. Priced below BC Assessment of $1,683,000. Features 3 suites with 3 kitchens, 9 bedrooms, and 6 bathrooms, generating over $100,000/year in gross revenue (4.5% cap rate). Renovated in 2011 with updates including roof, plumbing, wiring, 200-amp electrical service, drainage, and more. Situated on a deep lot 33' x 128.5' (4,240 sq.ft.), C-1 zoned lot allowing mixed-use development up to 1.2 FSR. Located within the Transit-Oriented Area (TOA) near 29th Avenue SkyTrain Station, offering future assembly and redevelopment potential. Please allow time for showings. More details
    Listed by Oakwyn Realty Ltd.
    AMAR SHAN
    DANA BALAN
  • 1769 Marine Drive, West Vancouver - Ambleside

    1769 Marine Drive Ambleside West Vancouver V7V 1J5
    Main Photo: 1769 Marine Drive, West Vancouver - Ambleside
    $3,799,000
    Multi-Family Commercial, Retail
    Status:
    Active
    MLS® Num:
    C8079563
    Major Bus.:
    Retail
    Floor Area:
    3,211 sq. ft.
    Well-maintained mixed-use building in West Vancouver's Ambleside Village Centre, one of the North Shore's most established retail corridors. The two-storey building, substantially rebuilt in 1998, includes two ground floor retail units and two residential suites on the second floor. The building is in great overall condition with a sprinkler system throughout. AC1 zoning permits a range of retail, office, personal service, and restaurant uses. Situated on a 2,145 SF freehold lot steps from Marine Drive's shops, restaurants, and waterfront. More details
    Listed by Colliers
    AMAR SHAN
    DANA BALAN
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  • 1357 Barclay Street, Vancouver - West End VW

    1357 Barclay Street West End VW Vancouver V6E 1H6
    $5,800,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8079718
    Build. Type:
    Low Rise (2-4 storeys)
    Macdonald Commercial presents a unique opportunity to acquire a 29-unit rental apartment building located in the heart of Vancouver's West End. The building offers a mix of self-contained suites, as well as dormitory-style rooms with shared washrooms. Of the 29 units, 17 are dormitory-style units, 11 are self-contained suites, and one is a 3-bedroom penthouse on the top floor offering an inviting balcony. The building offers classic hardwood floors throughout the building and a shared garden space in front of the property. The property sits on a 6,550 sq. ft. lot. More details
    Listed by Macdonald Commercial Real Estate Services Ltd.
    AMAR SHAN
    DANA BALAN
  • 3083 276 Street, Langley - Aldergrove Langley

    3083 276 Street Aldergrove Langley Langley V4W 3L4
    Main Photo: 3083 276 Street, Langley - Aldergrove Langley
    $2,138,000
    Multi-Family Commercial, Retail
    Status:
    Active
    MLS® Num:
    C8079535
    Build. Type:
    Mixed Use
    Floor Area:
    5,120 sq. ft.
    Rare opportunity to acquire a free-standing mixed-use building strategically located in the heart of Aldergrove's commercial core, This 5,120 sq ft property features residential units above and retail units at grade, offering excellent flexibility for investors seeking a value-add asset or owner-users looking to operate a business while benefiting from on-site residential income. With prominent street-front exposure, direct visibility from one of Aldergrove's busiest plazas, and convenient access to Fraser Highway, the property is well positioned near established retailers and services including Starbucks, RBC Subway, FreshCo, Shell, and OK Tire, as well as upcoming new development in the area. Favourable C-3 zoning supports a wide variety of retail, service, and professional business uses, making this a compelling opportunity in a growing neighbourhood. All units are currently rented. More details
    Listed by Sutton Group-West Coast Realty (Surrey/24)
    AMAR SHAN
    DANA BALAN
  • 5589 Baillie Street, Vancouver - Cambie

    5589 Baillie Street Cambie Vancouver V5Z 3M7
    Main Photo: 5589 Baillie Street, Vancouver - Cambie
    $18,880,000
    Land Commercial, Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8079429
    5589, 5611, 5637, & 5661 Baillie Street Vancouver, 29,894.68 sf. The Property comprises four contiguous parcels within the Cambie Corridor Plan directly across from Oakridge Centre. Ideal location for senior housing. Please contact the listing agent for information. More details
    Listed by Sutton Group-West Coast Realty and Oakwyn Realty Ltd.
    AMAR SHAN
    DANA BALAN
  • 3861 Hastings Street, Burnaby - Vancouver Heights

    3861 Hastings Street Vancouver Heights Burnaby V5C 2H7
    Main Photo: 3861 Hastings Street, Burnaby - Vancouver Heights
    $2,999,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8079463
    Build. Type:
    Low Rise (2-4 storeys)
    Floor Area:
    7,818 sq. ft.
    PRIME LOCATION IN NORTH BURNABY. 8 residential apartment units above and 2 commercial units on the ground. Gross monthly rental income is $14,485 and annual is $173,820. Potential to redevelop by assembling neighbouring lots. Call for more info. More details
    Listed by Skyline West Realty
    AMAR SHAN
    DANA BALAN
  • 801 Gatensbury Street, Coquitlam - Harbour Chines

    801 Gatensbury Street Harbour Chines Coquitlam V3J 5H6
    Main Photo: 801 Gatensbury Street, Coquitlam - Harbour Chines
    $10,978,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8079479
    Build. Type:
    Low Rise (2-4 storeys)
    Floor Area:
    23,557 sq. ft.
    5% cap! Potential to own with less than 35% down. Exceptional opportunity to acquire a three-storey, 33-unit apartment building in a desirable area of Coquitlam, located on the corner of Como Lake Ave and Gatensbury Street. Como Lake Manor is well-positioned near the rapidly growing Burquitlam community. Excellent suite mix consisting of 11 two-bedroom suites and 22 one-bedroom suites. Constructed in 1972, this well-maintained building offers secured underground parking (57 stalls), tenant storage lockers, a washer/dryer on every floor, an elevator, and balconies in all suites. More details
    Listed by NAI Commercial
    AMAR SHAN
    DANA BALAN
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Data was last updated July 14, 2026 at 10:40 PM (UTC)
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Commercial – BC Multifamily includes apartment complexes or high-rise apartment buildings.

Unlocking Opportunities: Commercial Multifamily Spaces for Sale in Vancouver, BC

Investors and home buyers in Vancouver are increasingly drawn to the potential of multiunit properties for sale, which offer unique advantages in this bustling metropolitan area. Whether it’s the prospect of generating rental income, the flexibility of mixed-use developments, or the opportunity for value appreciation, multi unit buildings for sale are becoming a sought-after investment. From duplexes to apartment buildings for sale, these properties provide diverse options for real estate enthusiasts. With Vancouver’s dynamic real estate market and the city’s commitment to urban development, multiunit properties stand as a promising avenue for those looking to navigate the ever-evolving landscape of Vancouver’s real estate.

Vancouver, a city known for its stunning landscapes and vibrant culture, is also a hub of economic activity. For entrepreneurs and investors looking to capitalize on this thriving market, exploring commercial multifamily spaces for sale is a strategic move. These versatile properties, ranging from apartment buildings to mixed-use developments, offer a unique blend of residential and commercial potential.

The appeal of commercial multifamily spaces lies in their adaptability. Entrepreneurs can set up shop on the ground floor while residents enjoy the convenience of living above their favourite local businesses. This symbiotic relationship fosters a sense of community and contributes to the overall vitality of the neighbourhood.

When buying commercial multifamily spaces in Vancouver, you’re not just securing a location; you’re becoming part of a dynamic urban landscape. The city’s diverse neighbourhoods offer distinct flavors, attracting a wide range of residents and businesses. From the trendy streets of Gastown to the cultural richness of Commercial Drive, there’s a commercial multifamily space that aligns with your vision.

Moreover, Vancouver’s commitment to sustainability and innovation extends to its commercial real estate landscape. Many commercial multifamily properties boast eco-friendly features and cutting-edge designs, providing a forward-thinking environment for both businesses and residents.

In the competitive world of real estate, finding the right commercial multifamily space for sale requires careful consideration. It’s not just about square footage and location; it’s about envisioning the potential for growth and community impact. With Vancouver’s commercial multifamily offerings, the canvas is vast, allowing businesses to create a unique masterpiece that resonates with the city’s spirit. Explore the opportunities, embrace the possibilities, and become a vital part of Vancouver’s commercial multifamily landscape.

According to the release of the Statistics on September 15, 2022 by Commercial Edge, Lower Mainland’s BC Commercial Multifamily market sees fewer transactions in the second quarter of 2022.

Commercial Multifamily: There were 28 multifamily land sales in the Lower Mainland in Q2 2022, which is down 12.5 per cent from 32 sales in Q2 2021. The dollar value of multifamily sales was $404 million in Q2 2022, a 20.9 per cent decrease from $511 million in Q2 2021.

There were 125 multifamily land sales in the Lower Mainland in 2021, which is up 71.2 per cent from 73 sales in 2020. The dollar value of multifamily sales was $1.58 billion in 2021, a 33.9 per cent increase from $1.18 billion in 2020.

Owned and operated by the Greater Vancouver Realtors® (GVR), the Commercial EDGE system includes all commercial real estate transactions in the Lower Mainland region of BC that have been registered with the Land Title and Survey Authority of British Columbia.
Commercial EDGE is updated monthly based on data originating from the BC Assessment Authority. Commercial EDGE does not include share sale transactions as they are not registered with the Land Title and Survey Authority of British Columbia. Please note that historical data may be subject to revision as transaction records are received from the Land Title and Survey Authority of British Columbia.

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