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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!

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  • 635-637 E Hastings Street Street, Vancouver - Strathcona

    635-637 E Hastings Street Street Strathcona Vancouver V6A 1R2
    Main Photo: 635-637 E Hastings Street Street, Vancouver - Strathcona
    $3,600,000
    Multi-Family Commercial, Retail
    Status:
    Active
    MLS® Num:
    C8083064
    Build. Type:
    Freestanding
    Floor Area:
    8,040 sq. ft.
    This historic former Shamrock Hotel is a 3 storey plus basement building, 26 unit SRA building with extensive renovations and updates, and 2,822 sf of retail space. This residential units are featured on the second and third floors of the building - 26 residential rooming units, finished with a mixture of hardwood and laminate flooring, a personal sink and mini fridge. The building features ample renovated common washrooms, coin operated washer and dryer, intercom and key fob access, and internal and external security cameras. Please feel free to reach out to receive more information on this excellent investment opportunity. More details
    Listed by CASM Global Real Estate Corporation
    AMAR SHAN
    DANA BALAN
  • 431 E 2nd Street, North Vancouver - Lower Lonsdale

    431 E 2nd Street Lower Lonsdale North Vancouver V7L 1C9
    Main Photo: 431 E 2nd Street, North Vancouver - Lower Lonsdale
    $1,695,000
    Land Commercial, Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8083063
    Exceptional opportunity in the highly desirable Moodyville neighbourhood, offering prime south-facing exposure in one of North Vancouver’s most sought-after communities. This property presents a rare chance to capitalize on its premier Lower Lonsdale location, just minutes from vibrant shops, restaurants, parks, and transit. Zoned RG-3 with an Official Community Plan designation of Residential Level 4 (1.25 FSR), this site offers excellent potential for future development or redevelopment (buyer to verify with the City of North Vancouver). The existing building floor plan is available in the photos for reference. Property is being sold on an “as is, where is” basis. A fantastic investment or holding property in a rapidly evolving area. More details
    Listed by Angell, Hasman & Associates Realty Ltd. and Royal LePage Sussex
    AMAR SHAN
    DANA BALAN
  • 1568 E Broadway, Vancouver - Grandview Woodland

    1568 E Broadway Grandview Woodland Vancouver V5N 5X4
    Main Photo: 1568 E Broadway, Vancouver - Grandview Woodland
    $45,000,000
    Land Commercial, Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8082954
    LOCATION ! LOCATION ! LOCATION ! This building was built in 1998 and has 54 units, concrete building on the southside of East Broadway and within walking distance to the Broadway & Commercial sky train station. The frontage is 192 and 122 depth with back lane, 23534 sf lot has redevelopment potential. Well maintained rental units with lots of secured underground parking stalls. All units have in suite hot water tank and tenant pays hydro. More details
    Listed by Royal Pacific Realty Corp. and Multiple Realty Ltd.
    AMAR SHAN
    DANA BALAN
  • 76 Coburg Street, New Westminster - Downtown NW

    76 Coburg Street Downtown NW New Westminster V3L 5G7
    Main Photo: 76 Coburg Street, New Westminster - Downtown NW
    $4,489,200
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8082812
    Build. Type:
    Low Rise (2-4 storeys)
    Floor Area:
    9,840 sq. ft.
    4.64% Cap! Exceptional Multi-Fam Investment & Redevelopment Opportunity with a 4.64% Cap Rate! This 12-unit apartment building is ideally located in New West’s Transit-Oriented Development Area, offering stable rental income, strong location fundamentals, and long-term redevelopment potential. Convenient access to SkyTrain, bus routes, parks, shopping, restaurants, schools, a community centre, ice rink, and pool supports consistent tenant demand and future value creation. Situated on a generous lot, the property presents compelling potential for investors, builders, and developers seeking a transit-connected, amenity-rich location. Purchasers should independently verify zoning, OCP designation, redevelopment potential, and all property details with the City of New Westminster and their advisors. Also available as part of a strategic assembly with 57 Agnes Street and 52 Royal Avenue, with flexible options to purchase individually, in combination, or as the complete assembly. Do not disturb tenants. More details
    Listed by Sutton Centre Realty
    AMAR SHAN
    DANA BALAN
  • 6528 Victoria Drive, Vancouver - Killarney VE

    6528 Victoria Drive Killarney VE Vancouver V5P 3X9
    Main Photo: 6528 Victoria Drive, Vancouver - Killarney VE
    $2,849,000
    Multi-Family Commercial, Retail
    Status:
    Active
    MLS® Num:
    C8082824
    Build. Type:
    Low Rise (2-4 storeys)
    Floor Area:
    2,900 sq. ft.
    Exceptional opportunity to acquire a freestanding mixed-use property prominently located at the high-exposure corner of Victoria Drive and E 49th Avenue in Vancouver. The property features two front-facing retail units, including a currently tenanted cannabis dispensary, two 2-bedroom residential suites, and one bachelor suite. Offering a combination of commercial and residential income potential, the property is well-positioned for investors seeking rental income or owner-users looking to establish a business in a high-visibility location with convenient transit access. The property also offers potential to increase the existing building area, subject to City approvals and applicable C-2 zoning regulations. A rare opportunity to acquire a versatile investment property in an established Vancouver commercial corridor. More details
    Listed by Grand Central Realty
    AMAR SHAN
    DANA BALAN
  • 57 Agnes Street, New Westminster - Downtown NW

    57 Agnes Street Downtown NW New Westminster V3L 1E2
    Main Photo: 57 Agnes Street, New Westminster - Downtown NW
    $4,350,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8082798
    Build. Type:
    Low Rise (2-4 storeys)
    Floor Area:
    13,113 sq. ft.
    Prime Location 18-Unit Multi-Family Apartment Building with a 3.06 Cap Rate, in a Transit-Oriented Development (TOA) Zone –Exceptional Redevelopment Opportunity. Desirable Transit-Oriented Development site with easy access to Skytrain, bus routes, transit hubs, parks, shopping, restaurants, schools, community centre, ice rink, and pool, this established 18-unit multi-family apartment building delivers strong, consistent rental income from its current tenant base. Spanning a generous lot size. The property offers exceptional redevelopment potential. Ideal for Visionary Investors and Developers seeking to capitalize on zoning advantages, proximity to premium amenities, and transit connectivity. Available for purchase as a strategic assembly with 52 Royal Ave and 76 Coburg St, unlocking expanded scale and value-add possibilities. Do not disturb tenants – showings by appointment only to qualified buyers. Contact for financials More details
    Listed by Sutton Centre Realty
    AMAR SHAN
    DANA BALAN
  • 4990 Victoria Drive, Vancouver - Victoria VE

    4990 Victoria Drive Victoria VE Vancouver V5P 3T6
    Main Photo: 4990 Victoria Drive, Vancouver - Victoria VE
    $4,200,000
    Multi-Family Commercial, Retail
    Status:
    Active
    MLS® Num:
    C8082778
    Build. Type:
    Low Rise (2-4 storeys)
    Floor Area:
    3,468 sq. ft.
    Avison Young is proud to present the opportunity to acquire 4990 Victoria Drive, a strategically located corner property in the heart of Vancouver, British Columbia. Situated along the prominent Victoria Drive corridor, this property offers exceptional visibility and frontage, making it an ideal asset for both immediate income and long-term redevelopment potential. The property comprises a well-positioned commercial retail unit at grade and three fully leased residential rental units on the second floor, providing stable holding income from day one. Its corner lot configuration enhances accessibility and future design flexibility-key attributes for urban development. As a prime candidate for land assembly, 4990 Victoria Drive represents a pivotal piece for unlocking greater density and value through the City of Vancouver's C-2 zoning policy, which supports mixed- use redevelopment. More details
    Listed by Avison Young Commercial Real Estate Services, LP
    AMAR SHAN
    DANA BALAN
  • 110 12409 Harris Road, Pitt Meadows - Mid Meadows

    110 12409 Harris Road Mid Meadows Pitt Meadows V3Y 2J5
    Main Photo: 110 12409 Harris Road, Pitt Meadows - Mid Meadows
    $899,900
    Multi-Family Commercial, Retail
    Status:
    Active
    MLS® Num:
    C8082684
    Build. Type:
    Condo Strata Complex
    Floor Area:
    922 sq. ft.
    William Wright Commercial is pleased to present a ground-floor strata retail unit for sale, fully built out as a turn-key daycare. The unit offers high exposure and visibility on one of the most travelled thoroughfares in Pitt Meadows, boasting lots of natural light, ease of accessibility, close to transit, shopping and established neighbourhoods. A daycare operator can open with minimal setup, and the TC zoning allows a wide range of commercial uses, so the space can suit many other businesses as well. The location and exposure along Harris Road is ideal for both owner-operators and investors alike. More details
    Listed by William Wright Commercial Real Estate Services
    AMAR SHAN
    DANA BALAN
  • Multi-Family Commercial in Port Coquitlam

    Contact for address
    Main Photo: Multi-Family Commercial in Port Coquitlam
    Multi-Family Commercial
    AMAR SHAN
    DANA BALAN
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  • 11682 224 Street, Maple Ridge - East Central

    11682 224 Street East Central Maple Ridge V2X 6A2
    Main Photo: 11682 224 Street, Maple Ridge - East Central
    $4,800,000
    Land Commercial, Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8082720
    Build. Type:
    Low Rise (2-4 storeys)
    Floor Area:
    9,500 sq. ft.
    London Pacific is pleased to present Mariner's Watch, a rare opportunity to acquire a 21-unit purpose-built apartment building in the heart of Maple Ridge's rapidly growing Town Centre. Situated on a 8,799 sqft TCAPT designated site, the Property offers investors stable in-place cash flow with significant long-term upside through rental optimization and future redevelopment potential. The suite mix consists of sixteen 1-bedroom and five 2-bedroom units, providing diversified and dependable income. Ideally located within walking distance of shopping, restaurants, parks, Haney Place Mall, Port Haney West Coast Express Station, and Haney Place Transit Exchange, the Property benefits from exceptional connectivity and everyday conveniences. Mariner's Watch represents an opportunity to acquire a pride-of-ownership asset in one of Metro Vancouver's emerging multifamily investment markets. More details
    Listed by London Pacific
    AMAR SHAN
    DANA BALAN
  • 1775 Adanac Street, Vancouver - Hastings

    1775 Adanac Street Hastings Vancouver V5L 2C8
    Main Photo: 1775 Adanac Street, Vancouver - Hastings
    $2,080,000
    Land Commercial, Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8082610
    Build. Type:
    Low Rise (2-4 storeys)
    London Pacific is pleased to present The Prince (the "Property"), a rare opportunity to acquire a meticulously maintained six-suite apartment building near Vancouver's iconic Commercial Drive. Located in the highly desirable Grandview-Woodland neighbourhood, the Property is positioned steps from the area's renowned restaurants, cafes, boutiques, and transit. Constructed in 1952, the building sits on a 5,367 SF mid-block lot (approximately 44' x 122') with future assembly potential to complete the block. The Prince offers stable in-place cash flow with meaningful value-add potential through strategic suite turnover, renovations, and rental optimization. Owned and meticulously maintained by the same family for decades, the Property represents a true pride-of-ownership asset in one of Vancouver's most established and supply-constrained rental markets. A secure three-bay garage, accessed from the rear lane, provides additional income through month-to-month rentals while offering future revenue enhancements. More details
    Listed by London Pacific
    AMAR SHAN
    DANA BALAN
  • 130 12000 1st Avenue, Richmond - Steveston Village

    130 12000 1st Avenue Steveston Village Richmond V7E 3L9
    Main Photo: 130 12000 1st Avenue, Richmond - Steveston Village
    $950,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8082642
    Build. Type:
    Condo Strata Complex
    Floor Area:
    1,677 sq. ft.
    A rare opportunity to live above where you work or enjoy two cash-flowing tenancies in one property at Okano Court in Steveston. This 6-unit strata is self-managed with pride and offers individual strata units featuring 2-bedroom, 2-storey residential units over street-level retail units. The residential component of this strata unit is 1,153 square feet, spotless, and move-in ready with one parking stall. The commercial component houses Steveston's iconic D Original Sausage Haus, renowned for its 5th-generation family recipes and as a go-to for fine imported cheeses and meats from around the globe. This 524-square-foot street-level CRU is currently tenanted until November 2028, and the tenant would love to stay on. Possibilities abound here, whether for a homeowner who will live above and enjoy income from the CRU, a business owner who is looking to secure their next location in one of the Lower Mainland's most popular tourist locations, or an investor looking to enjoy a dual-income property. More details
    Listed by RE/MAX Westcoast
    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
    $1,859,000
    Multi-Family Commercial, Retail
    Status:
    Active
    MLS® Num:
    C8082556
    Build. Type:
    Freestanding
    Floor Area:
    5,120 sq. ft.
    Rare opportunity to acquire a free-standing mixed use building in the heart of Aldergrove! (2500 sqft of retail/commercial and 2100' of residential). Excellent for owner/business operator living on premises or investment opportunity. C-3 zoning allows for wide variety of business. This 5,120 st building boasts two residential units upstairs, and two retail units downstairs. With a direct view from one of Aldergrove 's busiest plazas, take advantage of the street front exposure, and close proximity to Starbucks, RBC, Subway, Shell, and upcoming new development. All units are rented out. Call today to have a look! More details
    Listed by Royal Pacific Realty (Kingsway) Ltd.
    AMAR SHAN
    DANA BALAN
  • 1122 Commercial Drive, Vancouver - Grandview Woodland

    1122 Commercial Drive Grandview Woodland Vancouver V5L 3X2
    Main Photo: 1122 Commercial Drive, Vancouver - Grandview Woodland
    $3,699,000
    Multi-Family Commercial, Retail
    Status:
    Active
    MLS® Num:
    C8082608
    Floor Area:
    2,205 sq. ft.
    Presenting a unique opportunity to acquire a fully tenanted retail investment property at 1122 Commercial Drive. The opportunity comprises two retail units totaling 2,205 SF on a 3,696 SF site. The units are occupied by Lotus House Tattoo & Salon and Guava Vegan Wellness. The building also contains 4 residential units on the second level. Ideally located on Commercial Drive between Napier and William Streets, the available Property is surrounded by various authentic merchants, cool restaurants, and charming specialty boutiques that make up the area known as "The Drive". This sought-after neighbourhood offers a diverse selection of eateries, local cafes, pubs, quaint shops and services, as well as is surrounded by a dense residential area. Situated near Grandview Park and the major Commercial-Broadway Station, the area sees consistent traffic and is well-served by multiple transit lines & access routes. More details
    Listed by CBRE Limited
    AMAR SHAN
    DANA BALAN
  • 22328 St Anne Avenue, Maple Ridge - West Central

    22328 St Anne Avenue West Central Maple Ridge V2X 2E8
    Main Photo: 22328 St Anne Avenue, Maple Ridge - West Central
    $750,000
    Land Commercial, Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8082522
    DEVELOPMENT POTENTIAL! OCP designated as TCMU (Town Centre Mixed Use). Part of a potential 4 lot land assembly (possibly more) with opportunity for townhouses or higher density 5 - 6 story condo building. Sought after location located close to Port Haney Station (West Coast Express stop) for easy access into Vancouver. Just blocks from the Fraser River with a nearby park and dead end street with lane access. Lots of higher density buildings in the area. Preliminary rezoning application submitted to council previously for a 6 storey mixed use building. Call to discuss! More details
    Listed by RE/MAX Masters Realty
    AMAR SHAN
    DANA BALAN
  • 15318 North Bluff Road, White Rock - White Rock

    15318 North Bluff Road White Rock White Rock V4B 3E7
    Main Photo: 15318 North Bluff Road, White Rock - White Rock
    $3,330,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8082266
    Well maintained 12-unit apartment building in a prime White Rock location, offering stable in-place income with clear upside. The property features a suite mix consisting of 2 bachelor units and 10 one-bedroom units. Situated along North Bluff Road, the building benefits from excellent proximity to shopping, restaurants, transit and the Peace Arch Hospital. More details
    Listed by NAI Commercial
    AMAR SHAN
    DANA BALAN
  • 231 Seventh Street, New Westminster - Uptown NW

    231 Seventh Street Uptown NW New Westminster V3M 3K5
    $1,487,700
    Land Commercial, Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8082199
    Floor Area:
    1,881 sq. ft.
    Avison Young is pleased to market for sale a compelling redevelopment opportunity in New Westminster. This property is part of an assembly comprised of 5 single-family homes totalling 29,280 square feet. The current zoning is RS-1 with qualification for additional density and height under the transit-oriented development ("TOD") zoning, permitting up to 3.0 FSR. The specific addresses for the assembly are: 227 Seventh Street, 231 Seventh Street, 233 Seventh Street, 616 Third Avenue, and 620 Third Avenue, New Westminster. More details
    Listed by Avison Young Commercial Real Estate Services, LP
    AMAR SHAN
    DANA BALAN
  • 227 Seventh Street, New Westminster - Uptown NW

    227 Seventh Street Uptown NW New Westminster V3M 3K5
    $1,536,900
    Land Commercial, Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8082200
    Floor Area:
    1,974 sq. ft.
    Avison Young is pleased to market for sale a compelling redevelopment opportunity in New Westminster. This property is part of an assembly comprised of 5 single-family homes totalling 29,280 square feet. The current zoning is RS-1 with qualification for additional density and height under the transit-oriented development ("TOD") zoning, permitting up to 3.0 FSR. The specific addresses for the assembly are: 227 Seventh Street, 231 Seventh Street, 233 Seventh Street, 616 Third Avenue, and 620 Third Avenue, New Westminster. More details
    Listed by Avison Young Commercial Real Estate Services, LP
    AMAR SHAN
    DANA BALAN
  • 233 Seventh Street, New Westminster - Uptown NW

    233 Seventh Street Uptown NW New Westminster V3M 3K5
    $581,500
    Land Commercial, Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8082201
    Floor Area:
    880 sq. ft.
    Avison Young is pleased to market for sale a compelling redevelopment opportunity in New Westminster. This property is part of an assembly comprised of 5 single-family homes totalling 29,280 square feet. The current zoning is RS-1 with qualification for additional density and height under the transit-oriented development ("TOD") zoning, permitting up to 3.0 FSR. The specific addresses for the assembly are: 227 Seventh Street, 231 Seventh Street, 233 Seventh Street, 616 Third Avenue, and 620 Third Avenue, New Westminster. More details
    Listed by Avison Young Commercial Real Estate Services, LP
    AMAR SHAN
    DANA BALAN
  • 616 Third Avenue, New Westminster - Uptown NW

    616 Third Avenue Uptown NW New Westminster V3M 1N5
    $1,487,800
    Land Commercial, Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8082203
    Floor Area:
    1,537 sq. ft.
    Avison Young is pleased to market for sale a compelling redevelopment opportunity in New Westminster. This property is part of an assembly comprised of 5 single-family homes totalling 29,280 square feet. The current zoning is RS-1 with qualification for additional density and height under the transit-oriented development ("TOD") zoning, permitting up to 3.0 FSR. The specific addresses for the assembly are: 227 Seventh Street, 231 Seventh Street, 233 Seventh Street, 616 Third Avenue, and 620 Third Avenue, New Westminster. More details
    Listed by Avison Young Commercial Real Estate Services, LP
    AMAR SHAN
    DANA BALAN
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Data was last updated October 26, 2026 at 02:40 AM (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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