Find Your Ideal Investment: Metro Vancouver Commercial Multifamily Properties 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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1-20/118

  • 1 24578 Lougheed Highway, Maple Ridge - Albion

    1 24578 Lougheed Highway Albion Maple Ridge V2W 1M2
    Main Photo: 1 24578 Lougheed Highway, Maple Ridge - Albion

    1 24578 Lougheed Highway Maple Ridge V2W 1M2 Albion

    $2,299,900
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8075619
    Build. Type:
    Mul Tenant/MultiPlex (5+)
    Floor Area:
    1,992 sq. ft.
    Exceptional 2.41-acre property located along Lougheed HWY offering stunning Fraser River views and significant development and income potential. The property is zoned CS-3 (Commercial Service), which permits a wide range of uses including recreational commercial, tourist accommodation, campgrounds, marina-related uses, and complementary residential components making it an ideal holding or redevelopment opportunity in a highly sought-after corridor. The site currently features four occupied residences, providing immediate holding income, with strong potential for expanded development subject to municipal approvals. Steps from the river, the property offers unparalleled views, a tranquil natural setting. A truly unique space. Zoning flexibility, in a rapidly evolving area! More details
    Listed by eXp Realty
    LISTING DETAILS
    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

    628 Twelfth Street New Westminster V3M 4J4 West End NW

    $1,599,900
    Multi-Family Commercial, Retail
    Status:
    Active
    MLS® Num:
    C8075663
    Build. Type:
    Freestanding
    Floor Area:
    2,400 sq. ft.
    Mixed use site in excellent new west location. Must be sold in conjunction with 630 Twelfth street. The two lots would give 62 feet of frontage and for a 4 story mixed use or multifamily building. Build or hold. Property is fully leased. Call Realtor for more details. More details
    Listed by Oakwyn Realty Ltd.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 2212 Old Dollarton Road, North Vancouver - Seymour NV

    2212 Old Dollarton Road Seymour NV North Vancouver V7H 1A8
    Main Photo: 2212 Old Dollarton Road, North Vancouver - Seymour NV

    2212 Old Dollarton Road North Vancouver V7H 1A8 Seymour NV

    $1,699,000
    Land Commercial, Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8075572
    Build. Type:
    Freestanding
    Floor Area:
    2,461 sq. ft.
    CENTERPIECE DEVELOPMENT PROPERTY with livable 2,461 sq.ft. 4 bd house in Maplewood - 2.5 FSR OCP DESIGNATION. Up / down separated living: 3 bed + 1 bed. Priced BELOW ASSESSMENT for quick sale, ideal opportunity to hold and live in! Neighboring properties listed at increased future development value. Located steps to Canadian Superstore, Maplewood Farm, Northwoods Village (Stongs, Starbucks), this 6100 sq.ft dev lot offers potential for 15,250 of buildable density. Live & Hold or rent it out. Part of a probable future OCP LAND ASSEMBLY on the corner of Old Dollarton Rd & Riverside Drive, the OCP calls for a 4 – 6 storey development of up to 2.5 FSR under “Residential Level 6: Medium Density Apartment.” Huge potential for future equity appreciation!! VACANT! More details
    Listed by RE/MAX Masters Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 1429 Brunette Avenue, Coquitlam - Maillardville

    1429 Brunette Avenue Maillardville Coquitlam V3K 1G7
    Main Photo: 1429 Brunette Avenue, Coquitlam - Maillardville

    1429 Brunette Avenue Coquitlam V3K 1G7 Maillardville

    $3,098,000
    Multi-Family Commercial, Retail
    Status:
    Active
    MLS® Num:
    C8075424
    Major Bus.:
    Retail
    Build. Type:
    Mixed Use
    Floor Area:
    3,000 sq. ft.
    Rare on market, this compelling income and redevelopment opportunity in a high-exposure corridor. The property offers stable rental income with existing tenancies, combined with business income potential for owner-operators or investors seeking diversified cash flow. Located along a well-traveled arterial route, the site benefits from strong visibility, easy access, and consistent demand from both residential and commercial users. With surrounding neighbourhood growth and proximity to transit, shopping, and amenities, the property also holds significant future redevelopment potential, making it ideal for long-term land banking or redevelopment subject to city appovals. A rare opportunity to secure current income today with upside for tomorrow in one. More details
    Listed by RE/MAX Crest Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 7300 St. Albans Road, Richmond - Brighouse South

    7300 St. Albans Road Brighouse South Richmond V6Y 2K3
    Main Photo: 7300 St. Albans Road, Richmond - Brighouse South

    7300 St. Albans Road Richmond V6Y 2K3 Brighouse South

    $2,899,900
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8075379
    Build. Type:
    Mixed Use
    Floor Area:
    1,369 sq. ft.
    Exceptional development opportunity! BP-ready soon for a 4-unit townhouse development site. This 8,750 sqft lot (70’ x 125’) is shovel-ready—allowing you to skip the application process. Ideally located in central Richmond, just minutes to Richmond Centre, SkyTrain, Minoru Park, South Arm Community Centre, top schools, and a wide selection of shops and restaurants. A walkable, transit-friendly location in one of Richmond’s most connected neighbourhoods. Full listing package available upon request. More details
    Listed by RE/MAX City Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 9419 173a Street, Surrey - Fleetwood Tynehead

    9419 173a Street Fleetwood Tynehead Surrey V4N 6H6
    Main Photo: 9419 173a Street, Surrey - Fleetwood Tynehead

    9419 173a Street Surrey V4N 6H6 Fleetwood Tynehead

    $11,999,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8075743
    Rare opportunity to acquire 2.32 Acres of PLA-approved mixed-use development land within the Anniedale/Fleetwood Tynehead NCP. The site supports a 6 storey wood-frame residential + commercial development totaling approximately 176,500 sqft. of buildable area, including 14,000 sqft. of commercial retail at grade. The proposed concept comprises approximately 153 condominium units with 285 parking stalls across 2 levels of underground parking. Off-site servicing is currently being installed, providing strong near term development certainty. Strategically located with convenient access to Highway 1, Golden Ears Bridge, Highway 15 and 96 Avenue. Excellent development opportunity in one of Surrey's emerging growth corridors. Call for details. More details
    Listed by Macdonald Realty (Delta)
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 406 Union Street, Vancouver - Strathcona

    406 Union Street Strathcona Vancouver V6A 2B6
    Main Photo: 406 Union Street, Vancouver - Strathcona

    406 Union Street Vancouver V6A 2B6 Strathcona

    $2,595,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8075345
    Build. Type:
    Low Rise (2-4 storeys)
    Floor Area:
    6,100 sq. ft.
    HIP-O Building Cool Strathcona 3 Storey 15 Unit Historic lncome Bldg near Chinatown, mins D/T, 1 Block to new St Paul Hospital. The 4500 SF Bldg + 1500 SF unfin Bsmt reno'd in 2016-2019 Main Flr has 3 S/C Suites; 2nd & 3rd Flrs Each contain 6 furnished single rooms Each w sink vanity & bed. Also Each Flr has modern kitchen, 2 baths, common area. The 1500 SF Bsmt largely unused w Coin laund, bike storage, lockers for rent. 2 of 12 single rooms are COV SRA rental restricted, but rest incl 3 S/C Suites are unrestricted market rentals. 1910 Character Bldg, very upgraded, sprinklered, redone plumbing, elec, flrs, kitchs, roof, baths. Income $17,916/mo, $214,992/yr; NOI $130,157/yr, Cap Rate 5%. Prof managed & maintained w good Tenants. Great hands off investment, or great for non-profit housing! Seller consider VTB 2nd mortgage to Qualified Buyer, Showing w 2 Day Notice. Call LS viewing, info pkg. 1st Showing Wed Jan 28 @ 2:30pm gone by 3:30pm by Appointment Call To Attend. More details
    Listed by RE/MAX Real Estate Services
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 8851 Granville, Vancouver - Marpole

    8851 Granville Marpole Vancouver V7V 1Z3
    Main Photo: 8851 Granville, Vancouver - Marpole

    8851 Granville Vancouver V7V 1Z3 Marpole

    $5,000,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8075328
    Incredible Opportunity! This 12-unit building is strategically located on a spacious 50' x 120' lot, perfectly situated within the Marpole Community Plan. Comprising 9 one-bedroom units, 1 studio apartment, and 2 three bedroom units. This property offers a seamless, ready-to-go investment opportunity with a gross income of almost 300k/year. Don't miss out - call today to schedule a tour and receive our comprehensive information package. More details
    Listed by Royal Pacific Realty Corp.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 754-758 E Broadway, Vancouver - Mount Pleasant VE

    754-758 E Broadway Mount Pleasant VE Vancouver V5T 1X9
    Main Photo: 754-758 E Broadway, Vancouver - Mount Pleasant VE

    754-758 E Broadway Vancouver V5T 1X9 Mount Pleasant VE

    $6,799,999
    Multi-Family Commercial, Retail
    Status:
    Active
    MLS® Num:
    C8075206
    Build. Type:
    Freestanding
    Floor Area:
    6,532 sq. ft.
    Well-maintained 3-storey mixed-use property ideally located in the heart of Mount Pleasant, just steps from the corner of East Broadway and Fraser Street. The building features two retail/commercial units at street level, with six residential suites above, comprised of two extra-large one-bedroom units and four two-bedroom units. The property has been extensively redeveloped from top to bottom, including a new roof, foundation, mechanical, electrical and plumbing systems, as well as updated appliances and fixtures throughout. This is a low-maintenance, easy-to-manage investment offering strong net income in excess of $250,000 annually. A solid long-term holding with stable and reliable cash flow. More details
    Listed by Century 21 Coastal Realty Ltd.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 510 Third Avenue, New Westminster - Queens Park

    510 Third Avenue Queens Park New Westminster V3L 1M7
    Main Photo: 510 Third Avenue, New Westminster - Queens Park

    510 Third Avenue New Westminster V3L 1M7 Queens Park

    $9,888,000
    Land Commercial, Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8075189
    Rare Transit Oriented Area land assembly in Downtown New Westminster comprising 233 Sixth Street, 521 Lancaster Street, and 510 Third Avenue with architectural feasibility completed for a six storey mixed use development totalling approximately 149 residential units plus street level commercial. The development concept contemplates the acquisition or closure of a portion of the municipal lane separating Sixth and Lancaster, subject to City approval, enabling efficient massing, parking access, and optimal building depth. The project further benefits from Heritage Revitalization Agreement density potential through the retention of the Old Bavaria House and Alvin Hudson House, providing meaningful floor area uplift and a clear path to Comprehensive Development zoning. Almost 16,000 Sq feet of land. More details
    Listed by RE/MAX City Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 727 Fourth Avenue, New Westminster - GlenBrooke North

    727 Fourth Avenue GlenBrooke North New Westminster V3L 2W4
    Main Photo: 727 Fourth Avenue, New Westminster - GlenBrooke North

    727 Fourth Avenue New Westminster V3L 2W4 GlenBrooke North

    $1,750,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8075255
    Build. Type:
    Low Rise (2-4 storeys)
    4+% CAP Rate - an excellent opportunity to acquire a 10-unit rental apartment building, situated just steps from the amenity-rich Uptown district of New Westminster, BC. The property offers significant rental-revenue upside thanks to its prime location and potential for income growth. RM-2 Zoning allows low-rise apartment development up to 1.8 FSR. More details
    Listed by Macdonald Commercial Real Estate Services Ltd.
    LISTING DETAILS
    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

    8011 Lucas Road Richmond V6Y 1G2 Garden City

    $8,900,000
    Land Commercial, Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8075146
    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 (listing number R3079664). More details
    Listed by Macdonald Realty Westmar and RE/MAX Westcoast
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 3360 Henry Street, Port Moody - Port Moody Centre

    3360 Henry Street Port Moody Centre Port Moody V3H 2K5
    Main Photo: 3360 Henry Street, Port Moody - Port Moody Centre

    3360 Henry Street Port Moody V3H 2K5 Port Moody Centre

    $2,899,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8075151
    Build. Type:
    Mixed Use
    Floor Area:
    4,109 sq. ft.
    Redevelopment Potential ! From Townhouses to Apartments or Condominium. The Large Lot size if perfect for a stand a lone sole development taking advantage of the TOD zone being a 9 Min walk (0.4 miles) from the Inlet Station. Current property is a legal duplex with 3 tenants. More details
    Listed by RE/MAX Select Properties
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 634 Tenth Street, New Westminster - Moody Park

    634 Tenth Street Moody Park New Westminster V3M 3Z8
    Main Photo: 634 Tenth Street, New Westminster - Moody Park

    634 Tenth Street New Westminster V3M 3Z8 Moody Park

    $2,499,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8075655
    Build. Type:
    Freestanding
    Floor Area:
    5,638 sq. ft.
    7-Unit Multi-Family Investment Property – Moody Park, New Westminster Well-maintained 7-unit multi-family building located on a quiet street in the desirable Moody Park neighborhood of New Westminster. Conveniently situated within walking distance to parks, schools, shopping, and public transit. All units have been renovated. Recent building upgrades include a new furnace and new hot water tank. The property is fully tenanted with stable occupants and offers strong income with positive cash flow. Gross annual income: $159,000.00 Ideal turn-key investment opportunity in a prime location. More details
    Listed by RE/MAX Performance Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 2397 Atkins Avenue, Port Coquitlam - Central Pt Coquitlam

    2397 Atkins Avenue Central Pt Coquitlam Port Coquitlam V3C 1Y7
    Main Photo: 2397 Atkins Avenue, Port Coquitlam - Central Pt Coquitlam

    2397 Atkins Avenue Port Coquitlam V3C 1Y7 Central Pt Coquitlam

    $5,799,888
    Land Commercial, Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8075101
    City DP approved 6 storey units condo site with 1 level underground parkade; design range from studio, 1 bed room to 3 bed rooms with SELLABLE square footage at 31,460SF. All substantial drawings and designs are completed and ready for Building Permit submission. Please contact listing agent for more information. More details
    Listed by Saba Realty Ltd.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 33163 3 Avenue, Mission - Mission BC

    33163 3 Avenue Mission BC Mission V2V 1N8
    Main Photo: 33163 3 Avenue, Mission - Mission BC

    33163 3 Avenue Mission V2V 1N8 Mission BC

    $999,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8075027
    Build. Type:
    Mixed Use
    Floor Area:
    1,745 sq. ft.
    Lennard Commercial is pleased to present an exceptional investment opportunity in Downtown Mission. This 8, 503 square foot lot is ideally located within proximity of the West Coast Express (-400M) and offers potential for high-density residential or mixed-use development. With i prime location and future growth prospects, this property is perfect for investors or developers looking to capitalize on Mission's expanding downtown core. For more information, please call. More details
    Listed by Lennard Commercial Realty Vancouver Ltd.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 3416 Oak Street, Vancouver - Cambie

    3416 Oak Street Cambie Vancouver V6H 2L7
    Main Photo: 3416 Oak Street, Vancouver - Cambie

    3416 Oak Street Vancouver V6H 2L7 Cambie

    $7,500,000
    Land Commercial, Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8075178
    South Cambie Investment Opportunity!Opportunity to acquire a 17-unit apartment building in one of Vancouver's most desirable rental markets. Located ~900m from the future Oak-VGH SkyTrain Station and within 1km of both Broadway-City Hall and King Edward Stations, the Property benefits from tenant demand and long-term value growth. The building features tenant-paid electric baseboard heating, shared laundry generating ancillary income and ample street parking. Surrounded by major employment hubs, healthcare facilities, and established retail corridors, the Property offers immediate and stable cash flow with potential for future income upside as transit expansion continues to drive appreciation. More details
    Listed by Colliers
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN
    To access this listing,
    please create a free account

  • 341 E Hastings Street, Vancouver - Strathcona

    341 E Hastings Street Strathcona Vancouver V6A 1P3
    Main Photo: 341 E Hastings Street, Vancouver - Strathcona

    341 E Hastings Street Vancouver V6A 1P3 Strathcona

    $6,000,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8075182
    Major Bus.:
    Travel
    Build. Type:
    Mixed Use
    Floor Area:
    3,200 sq. ft.
    A four-story low-rise mixed-use building in the Downtown Eastside offers 36 rooms and a single retail store. The lot spans 3,050 square feet, with a total usable space of 12,200 square feet plus an unfinished 3,000-square-foot basement. It generates a net operating income of about $312K annually, and there's also an option to lease, excluding the grocery shop, for $20K net per month.There’s a possibility to rezone for a hotel and construct a 12-story building with 20% designated for rentals. Please confirm this with the City of Vancouver Planning Department. More details
    Listed by LeHomes Realty Premier
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 4292 Slocan Street, Vancouver - Renfrew Heights

    4292 Slocan Street Renfrew Heights Vancouver V5R 1Z4
    Main Photo: 4292 Slocan Street, Vancouver - Renfrew Heights

    4292 Slocan Street Vancouver V5R 1Z4 Renfrew Heights

    $1,850,000
    Multi-Family Commercial, Retail
    Status:
    Active
    MLS® Num:
    C8074977
    Build. Type:
    Low Rise (2-4 storeys)
    Floor Area:
    4,211 sq. ft.
    Presenting a rare opportunity to acquire and advance the redevelopment of a mixed-use property featuring both commercial and residential components. The project includes a ground-floor retail/office space totalling approximately 1,521 sq. ft., and above the commercial unit are three residential units, comprising two one-bedroom apartments and one two-bedroom apartment. The property must be purchased by either a Licensed Residential Builder willing to enroll the Homes in a home warranty insurance policy or an individual who will hire a Licensed Residential Builder to complete the Homes and enroll them in a home warranty insurance policy. More details
    Listed by RE/MAX Real Estate Services
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 1992 Prestwick Drive, Vancouver - Fraserview VE

    1992 Prestwick Drive Fraserview VE Vancouver V5P 2E9
    Main Photo: 1992 Prestwick Drive, Vancouver - Fraserview VE

    1992 Prestwick Drive Vancouver V5P 2E9 Fraserview VE

    $3,300,000
    Multi-Family Commercial, Retail
    Status:
    Active
    MLS® Num:
    C8075014
    Floor Area:
    4,512 sq. ft.
    1992 Prestwick is a three-storey mixed-use property built in 1991, featuring four two-bedroom residential units above two ground-floor retail spaces, all strata titled. Situated on the southwest corner of Victoria Drive and Prestwick Drive in Vancouver's Victoria-Fraserview neighborhood, the property is fully leased, offering rental upside for investors and the opportunity for owner-occupiers to utilize the ground-floor commercial space. More details
    Listed by Colliers
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN
    To access this listing,
    please create a free account

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Data was last updated February 3, 2026 at 04:40 PM (UTC)
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Commercial - Multifamily

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.

Commercial Multifamily Statistics

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.