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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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  • 160 E 10th Street, North Vancouver - Central Lonsdale

    160 E 10th Street Central Lonsdale North Vancouver V7L 2C8
    Main Photo: 160 E 10th Street, North Vancouver - Central Lonsdale

    160 E 10th Street North Vancouver V7L 2C8 Central Lonsdale

    $1,598,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8081999
    Build. Type:
    Mixed Use
    Floor Area:
    5,316 sq. ft.
    The Colonial Apartments – a rare Heritage “A” building in Central Lonsdale, perfect for investors or those who value character and future potential. This three-storey walk-up features six 2 bedroom, 1 bathroom self-contained suites currently rented, with significant upside. While the building would benefit from updates, it is priced to reflect the opportunity to add value and restore a notable piece of North Vancouver’s architectural history. Zoned RM-1 (Medium Density), the property allows a 1.6 FSR with potential for an additional 1.0 FSR bonus, creating excellent redevelopment or future density potential. Steps from Whole Foods Market, restaurants, transit, and Lions Gate Hospital. More details
    Listed by Rossetti Realty Ltd.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 210 Agnes Street, New Westminster - Downtown NW

    210 Agnes Street Downtown NW New Westminster V3L 1E6
    Main Photo: 210 Agnes Street, New Westminster - Downtown NW

    210 Agnes Street New Westminster V3L 1E6 Downtown NW

    $4,850,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8081879
    Floor Area:
    13,275 sq. ft.
    Elliot Manor is a professionally managed 18-suite rental apartment building located at 210 Agnes Street in New Westminster (the "Property" ). Ideally situated within walking distance of Columbia SkyTrain Station, the Fraser River waterfront, Queen' s Park, and Columbia Street' s shops and restaurants. The Property is exceptionally well positioned in one of Metro Vancouver' s most transit connected and livable urban communities. Significantly upgraded between 2017 and 2025, including new windows, siding, roof, and suite renovations. ssThe Property offers an incoming owner a well-maintained asset with minimal near-term capital requirements. A diverse suite mix of nine one-bedrooms, six two-bedrooms, two two-bedroom penthouses, and one three-bedroom generates stable in-place income with meaningful rental upside upon turnover. More details
    Listed by Marcus & Millichap
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 3396 Marine Drive, West Vancouver - West Bay

    3396 Marine Drive West Bay West Vancouver V7V 1M9
    Main Photo: 3396 Marine Drive, West Vancouver - West Bay

    3396 Marine Drive West Vancouver V7V 1M9 West Bay

    $3,499,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8081877
    Build. Type:
    Mixed Use
    3396 MARINE DRIVE - THE BLACK CAT – A RARE PIECE OF WEST BAY HISTORY Since 1922, this landmark building has anchored the West Bay community. Today it stands as one of just two C1-zoned commercial properties along the Marine Drive corridor between Dundarave and Horseshoe Bay. The five-storey building has never received formal heritage designation, but its history runs deep. It comprises six units — including one residential home — six bathrooms, several private decks, and sweeping ocean views stretching across Radcliffe Avenue to English Bay. What sets this property apart is its flexibility: commercial use, subdivision, and residential redevelopment are all viable paths forward, and the District has signaled rare openness to a Heritage Revitalization Agreement. Few properties on the North Shore offer this combination of history, location, and optionality. More details
    Listed by Colliers and Angell, Hasman & Associates Realty Ltd.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN
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  • 6622 6688 Willingdon Avenue, Burnaby - Metrotown

    6622 6688 Willingdon Avenue Metrotown Burnaby V5H 2V8
    Main Photo: 6622 6688 Willingdon Avenue, Burnaby - Metrotown

    6622 6688 Willingdon Avenue Burnaby V5H 2V8 Metrotown

    $26,000,000
    Land Commercial, Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8081901
    Build. Type:
    Low Rise (2-4 storeys)
    Floor Area:
    1 acre(s)
    PID 006-509-240 & PID 002-291-738. 100% freehold interest in 6622 & 6688 Willingdon Avenue, Burnaby. This Property consists of two multi-family apartment buildings with a land area 52,280 sqft. The property has received 3rd reading approval to build a 34 storey, 460 unit high rise building. Prime development opportunity. More details
    Listed by Sutton Group-West Coast Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 286 Keefer Street, Vancouver - Strathcona

    286 Keefer Street Strathcona Vancouver V6A 3W5

    286 Keefer Street Vancouver V6A 3W5 Strathcona

    $25,998,000
    Multi-Family Commercial, Retail
    Status:
    Active
    MLS® Num:
    C8081935
    Standing tall on the corner of Keefer Street and Gore Avenue, the subject property is one of the most prominent buildings in Chinatown. Improved with a six-storey building plus basement, 286 Keefer St offers a beautiful brick facade, historic cornices, and large bay windows. Features 51 suites, approximately 2,000 SF of office space, as well as prominent retail at grade. With substantial upside, 286 Keefer St offers a unique opportunity to capture and capitalize on Chinatown's revitalization and on the incoming St. Paul's Hospital and False Creek Flats Plan. Inevitable neighbourhood growth ensures this property is a secure and lucrative investment. More details
    Listed by Paradigm Group Commercial Real Estate Services
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 2065 Triumph Street, Vancouver - Hastings

    2065 Triumph Street Hastings Vancouver V5L 1K7
    Main Photo: 2065 Triumph Street, Vancouver - Hastings

    2065 Triumph Street Vancouver V5L 1K7 Hastings

    $6,300,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8081644
    Corbel Commercial is pleased to present 2065 Triumph Street, a renovated 15-unit multifamily property situated on a prominent 12,073 SF corner site comprising two legal lots in Vancouver's Grandview-Woodland neighbourhood. The property offers stable in-place income and meaningful long-term redevelopment potential, with a Residential Core - Apartment designation under the Grandview-Woodland Community Plan contemplating development of up to six storeys. Conveniently located near Commercial Drive and the Port Town District, transit and neighbourhood amenities, the property represents an attractive combination of current cash flow, underlying land value and future development potential. Please contact listing agent for further details. More details
    Listed by Corbel Commercial Inc.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 1912 Clarke Street, Port Moody - College Park PM

    1912 Clarke Street College Park PM Port Moody V3H 1X9
    Main Photo: 1912 Clarke Street, Port Moody - College Park PM

    1912 Clarke Street Port Moody V3H 1X9 College Park PM

    $1,800,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8081648
    Build. Type:
    See Remarks
    Floor Area:
    1,770 sq. ft.
    Investor & Builder Alert! Prime Development Opportunity in College Park. Rare 9,374 sqft corner lot backing onto greenbelt. Located within the Transit Oriented Area (TOA), the SSMUH permits up to 6 units. The existing home offers great holding value with 3 bedrooms up, an unfinished basement with suite potential, and a month-to-month tenant in place. Only two blocks from the future Westport Village, a vibrant new community featuring a boutique hotel, shops, restaurants, medical services, and more. Steps to transit and minutes to SkyTrain and shopping. This is a rare opportunity with huge upside. Hold, build, or invest! More details
    Listed by Royal LePage West Real Estate Services
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 1665 Cotton Drive, Vancouver - Grandview Woodland

    1665 Cotton Drive Grandview Woodland Vancouver V6P 5B9
    Main Photo: 1665 Cotton Drive, Vancouver - Grandview Woodland

    1665 Cotton Drive Vancouver V6P 5B9 Grandview Woodland

    $4,900,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8081591
    Well maintained 14 unit apartment building in a prime East Vancouver location, just off Commercial Drive at East 1st Avenue. The property offers convenient access to shopping, restaurants, services and transit, including VCC Clark SkyTrain Station. A strong long term rental location benefiting from the character and amenities of the Commercial Drive neighbourhood. More details
    Listed by NAI Commercial
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 1235 Burnaby Street, Vancouver - West End VW

    1235 Burnaby Street West End VW Vancouver V6E 1P7
    Main Photo: 1235 Burnaby Street, Vancouver - West End VW

    1235 Burnaby Street Vancouver V6E 1P7 West End VW

    $5,995,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8081592
    Build. Type:
    Low Rise (2-4 storeys)
    Floor Area:
    8,200 sq. ft.
    The CBRE National Apartment Group-BC is pleased to present the opportunity to acquire the The Clareburn Apartments, a unique character apartment building ideally located in the heart of the West End neighbourhood of Vancouver's amenity rich downtown core. The Clareburn Apartments is comprised of a 3 storey rental apartment building and consists of a total of 10 residential suites over approx 8,200 sq.ft. of net rentable area. An offering of this kind is rarely available within Downtown Vancouver, particularly in the highly desirable West End neighbourhood and provides investors the opportunity for investors to own a multi family property in a highly sought after location. The Clareburn Apartments has maintained its original character & charm over the years while still benefitting from significant updates and improvements to 9 of the buildings 10 rental suites. The building comprises extremely large well layed out suites that averages over 800 sq.ft. with current in place rents that average 2.68 sq.ft. More details
    Listed by CBRE Limited
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 12662 112a Avenue, Surrey - Bridgeview

    12662 112a Avenue Bridgeview Surrey V3V 8B6
    Main Photo: 12662 112a Avenue, Surrey - Bridgeview

    12662 112a Avenue Surrey V3V 8B6 Bridgeview

    $4,500,000
    Land Commercial, Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8081445
    Major Bus.:
    Travel
    Build. Type:
    Mobile
    PRIME LOCATION! Mobile Home park for sale with a turn key operation. It consisted of 30 pads all owned by the landlord and all tenants are month to month. The current owners have owned the park for years and are looking to retire. The streets are paved with street lighting all the services provided by the city, close to all highways, bridge and business, in addition to its current use, the property is well positioned for future redevelopment. Call for more information. More details
    Listed by Planet Group Realty Inc.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 12323 222 Street, Maple Ridge - West Central

    12323 222 Street West Central Maple Ridge V2X 4C7
    Main Photo: 12323 222 Street, Maple Ridge - West Central

    12323 222 Street Maple Ridge V2X 4C7 West Central

    $8,900,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8081473
    An exceptional development opportunity in the heart of Maple Ridge. This 1.344-acre development site offers a highly advanced, permit-ready project with a Development Permit already issued for 106 residential units plus a daycare facility. With the project positioned to proceed directly into the Building Permit stage, a significant portion of the entitlement and planning process has already been completed, allowing a purchaser to substantially reduce development timelines and entitlement risk. Ideally suited for a seasoned developer, builder, or investor looking for a near-term development opportunity in one of the Fraser Valley's growing urban centers. The property is centrally located in Downtown Maple Ridge, providing convenient access to transit, shopping, restaurants, schools, parks, services, and major transportation routes. A rare opportunity to acquire a shovel-ready multifamily development site with density secured and a clear path toward construction. More details
    Listed by Sutton Premier Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 5589 Baillie Street, Vancouver - Cambie

    5589 Baillie Street Cambie Vancouver V5Z 3M7
    Main Photo: 5589 Baillie Street, Vancouver - Cambie

    5589 Baillie Street Vancouver V5Z 3M7 Cambie

    $18,880,000
    Land Commercial, Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8081576
    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
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 27257 28a Avenue, Langley - Aldergrove Langley

    27257 28a Avenue Aldergrove Langley Langley V4W 3J9
    Main Photo: 27257 28a Avenue, Langley - Aldergrove Langley

    27257 28a Avenue Langley V4W 3J9 Aldergrove Langley

    $1,700,000
    Land Commercial, Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8081501
    Build. Type:
    Mixed Use
    27257 & 27265 28A AVE C#8081503 TO BE SOLD TOGETHER as there is a development application submitted approx. 5 years ago for a 43 unit Condo Building. DBL EXP R3158665 More details
    Listed by Vybe Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 27265 28a Avenue, Langley - Aldergrove Langley

    27265 28a Avenue Aldergrove Langley Langley V4W 3J9
    Main Photo: 27265 28a Avenue, Langley - Aldergrove Langley

    27265 28a Avenue Langley V4W 3J9 Aldergrove Langley

    $1,700,000
    Land Commercial, Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8081503
    Build. Type:
    Mixed Use
    27257 28A AVE C#8081501 & 27265 28A AVE TO BE SOLD TOGETHER as there is a development application submitted approx. 5 years ago for a 43 unit Condo Building. DBL EXP R3158717 More details
    Listed by Vybe Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 3755 Cambie Street, Vancouver - Cambie

    3755 Cambie Street Cambie Vancouver V5Z 2X4
    Main Photo: 3755 Cambie Street, Vancouver - Cambie

    3755 Cambie Street Vancouver V5Z 2X4 Cambie

    $8,800,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8081332
    Build. Type:
    Mul Tenant/MultiPlex (5+)
    Floor Area:
    6,211 sq. ft.
    Immaculate Multi-Family building situated in the heart of the highly sought-after Cambie Village, part of the Cambie Corridor Plan, one of Vancouver's most desirable and rapidly transforming transit-oriented areas. The Cambie Corridor Plan & Transit-Oriented areas rezoning policy supports increased density up to 12 storeys near transit, enhancing long-term value. Fully renovated, consisting of 12 large one bedroom suites, with in suite laundry, dishwashers, individual brand new storage lockers, bike storage with top of market in place income and stable tenant profile, offering an attractive purchase for investors. More details
    Listed by Century 21 In Town Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 605 Third Avenue, New Westminster - Uptown NW

    605 Third Avenue Uptown NW New Westminster V3M 1N4
    Main Photo: 605 Third Avenue, New Westminster - Uptown NW

    605 Third Avenue New Westminster V3M 1N4 Uptown NW

    $5,950,000
    Multi-Family Commercial, Retail
    Status:
    Active
    MLS® Num:
    C8081388
    Build. Type:
    Low Rise (2-4 storeys)
    Built in 1962, 605 Third Avenue is a well-maintained wood frame apartment building comprising 20 residential suites and 2 commercial units. The property is situated on a 5,940 sq ft lot and offers a suite mix of 8 two bedrooms, 3 one bedrooms, 6 Bachelor units, and 3 additional vacant unauthorized units (2 one bedroom, 1 bachelor). The building has been consistently maintained and provides stable cash flow, making it an attractive holding property. The property has 9 covered parking stalls access through the laneway. More details
    Listed by NAI Commercial
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 2075 W 37th Avenue, Vancouver - Quilchena

    2075 W 37th Avenue Quilchena Vancouver V6M 1N7
    Main Photo: 2075 W 37th Avenue, Vancouver - Quilchena

    2075 W 37th Avenue Vancouver V6M 1N7 Quilchena

    $3,350,000
    Land Commercial, Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8081408
    Build. Type:
    Freestanding
    Floor Area:
    6,000 sq. ft.
    Mixed-use investment opportunity in Kerrisdale - 5 units consisting of one 2-bedroom and one 3-bedroom apartment units above 3 commercial units. Directly across from Point Grey Secondary School in an excellent Kerrisdale location, this is a unique opportunity to acquire and renovate a smaller income generating building on the west side. The site is also eligible for multiplex (5-8 units) development, providing holding income with future development potential. More details
    Listed by TRG Commercial Realty Ltd.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 7030 Hall Avenue, Burnaby - Highgate

    7030 Hall Avenue Highgate Burnaby V5E 3A9
    Main Photo: 7030 Hall Avenue, Burnaby - Highgate

    7030 Hall Avenue Burnaby V5E 3A9 Highgate

    $5,988,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8081191
    Opportunity to acquire a 19 unit apartment building on a substantial 15,845 SF site in South Burnaby. The property is designated High Rise Apartment 1- 30 Storeys under Burnaby's OCP, offering significant long term redevelopment potential while providing income from the existing apartment building. Built in 1967, the three storey building consists of 18 one bedroom suites and 1 two bedroom suite with stabilized NOI of $229,338. The property is conveniently located near Highgate Village, Edmonds Town Centre, Kingsway, Edmonds Skytraln Statlon and Metrotown, with shopping, restaurants, grocery stores, parks and other amenities nearby. More details
    Listed by NAI Commercial
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 928 Commercial Drive, Vancouver - Grandview Woodland

    928 Commercial Drive Grandview Woodland Vancouver V5L 3W7
    Main Photo: 928 Commercial Drive, Vancouver - Grandview Woodland

    928 Commercial Drive Vancouver V5L 3W7 Grandview Woodland

    $7,500,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8081112
    Build. Type:
    Mixed Use
    Floor Area:
    12,830 sq. ft.
    Rare opportunity to acquire a newly completed mixed-use investment property in the heart of Vancouver’s vibrant Commercial Drive neighbourhood. This attractive five-storey building features 10 modern rental apartments plus approximately 937 sq. ft. of high-exposure street-front retail, creating a diversified income stream from one well-located asset. Completed in 2024, the property offers approximately 12,830 sq. ft. of building area, three secured parking stalls, contemporary finishes, balconies, elevator service and convenient rear-lane access. Situated along one of East Vancouver’s most established shopping, dining and entertainment corridors, with excellent walkability, transit connections and strong rental demand. An ideal opportunity for investors seeking a newer, low-maintenance Vancouver rental property with long-term income and growth potential. Detailed financial information and supporting documents are available to qualified purchasers upon execution of a confidentiality agreement. More details
    Listed by Renanza Realty Inc.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 80 Powell Street, Vancouver - Downtown VE

    80 Powell Street Downtown VE Vancouver V6A 1E7
    Main Photo: 80 Powell Street, Vancouver - Downtown VE

    80 Powell Street Vancouver V6A 1E7 Downtown VE

    $6,500,000
    Land Commercial, Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8081073
    Floor Area:
    7,945 sq. ft.
    80 Powell Street presents a rare opportunity to develop Gastown's first purpose-built hotel. Currently improved as a surface parking lot, the property has received a Prior-to Letter from the City of Vancouver for a proposed 13-storey boutique hotel with a publicly accessible rooftop restaurant, representing a significant milestone in the development approval process. The proposed design references the site's historic CPR railway alignment while complementing Gastown's heritage character through contemporary architecture and a thoughtfully recessed, double-height ground floor that enhances the pedestrian experience. The rooftop restaurant is envisioned as a signature destination offering panoramic views of the downtown waterfront, Burrard Inlet, and the North Shore Mountains. The project presents a compelling opportunity for developers and owner-operators to deliver a landmark hospitality destination in one of Vancouver's most supply-constrained hotel markets. More details
    Listed by Corbel Commercial Inc.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN
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Data was last updated September 15, 2026 at 06:40 AM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2026 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
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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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