Multifamily Properties

View all BC Multifamily Properties listed on MLS® to find the one you love! BC Multifamily homes for sale may be one of the most profitable classes of Investment Property that you will ever encounter! Contact us for more details, or for Multifamily Investments in specific areas!

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Multifamily homes/ properties for sale, Sold Homes Prices

There are several opportunities to find Multifamily Listings that don’t show up in this search. Try a search under Commercial Multifamily for Sale listed on MLS®! You’ll find mixed-use apartment buildings and high-rise towers.

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Active BC Multifamily Properties MLS ® Listings:

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  • 2636 WARD Street, Vancouver - Collingwood VE

    2636 WARD Street Collingwood VE Vancouver V5R 4S6
    Main Photo: 2636 WARD Street, Vancouver - Collingwood VE

    2636 WARD Street Vancouver V5R 4S6 Collingwood VE

    $1,075,000
    Multifamily
    Status:
    Active
    MLS® Num:
    R2859921
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    768 sq. ft.
    Welcome to your new home in the serene Collingwood neighbourhood, this 2-bed, 1.5 bath triplex unit boasts contemporary finishes and design, perfect for modern living. Enjoy a quiet, family-oriented atmosphere on a beautiful mature tree-lined street, in this sought after and vibrant East Vancouver neighbourhood. Steps away from John Norquay Elementary School and walking distance to a wide variety of retail, restaurants and cafés, this home has it all! With its open concept floor plan, wide-plank laminate flooring, contemporary LED lighting throughout, brand name faucets and hardware in matte black finish, quartz countertops, Fisher & Paykel appliances, designated car port, EV charger, and bike storage, discover elegance and affordability harmoniously combined in this exquisite residence. Photos are virtually staged. More details
    Listed by Angell, Hasman & Associates Realty Ltd.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 2634 WARD Street, Vancouver - Collingwood VE

    2634 WARD Street Collingwood VE Vancouver V5R 4S6
    Main Photo: 2634 WARD Street, Vancouver - Collingwood VE

    2634 WARD Street Vancouver V5R 4S6 Collingwood VE

    $1,165,000
    Multifamily
    Status:
    Active
    MLS® Num:
    R2859920
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    971 sq. ft.
    Welcome to your new home in the serene Collingwood neighbourhood, this 3-bed, 2.5 bath triplex unit boasts contemporary finishes and design, perfect for modern living. Enjoy a quiet, family-oriented atmosphere on a beautiful mature tree-lined street, in this sought after and vibrant East Vancouver neighbourhood. Steps away from John Norquay Elementary School and walking distance to a wide variety of retail, restaurants and cafés, this home has it all! With its open concept floor plan, wide-plank laminate flooring, contemporary LED lighting throughout, brand name faucets and hardware in matte black finish, quartz countertops, Fisher & Paykel appliances, designated car port, EV charger, and bike storage, discover elegance and affordability harmoniously combined in this exquisite residence. Photos are virtually staged. More details
    Listed by Angell, Hasman & Associates Realty Ltd.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 3304 WELLINGTON Avenue, Vancouver - Collingwood VE

    3304 WELLINGTON Avenue Collingwood VE Vancouver V5R 4Y2
    Main Photo: 3304 WELLINGTON Avenue, Vancouver - Collingwood VE

    3304 WELLINGTON Avenue Vancouver V5R 4Y2 Collingwood VE

    $1,199,900
    Multifamily
    Status:
    Active
    MLS® Num:
    R2845208
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,011 sq. ft.
    Welcome to 3304 Wellington Ave, a BRAND NEW non strata home. With over a 1000 square feet of living space, your own shared yard, and no strata fees, affordability is the least of your worries. This residence is located in a prime area that redefines the concept of centrally located living. Situated across the way, is Sir Wilfred Grenfell Elementary school, Carleton Park nearby, and a quick 7 minute stroll to the Joyce-Collingwood station. You are surrounded by a multitude of amenities, making daily life a breeze. The list include a wide selection from casual eateries to fine dining establishments, grocery stores to entertainment venues, you'll find everything you need just moments away! More details
    Listed by Stonehaus Realty Corp.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 104 1146 MADORE Avenue, Coquitlam - Central Coquitlam

    104 1146 MADORE Avenue Central Coquitlam Coquitlam V3K 3B9
    Main Photo: 104 1146 MADORE Avenue, Coquitlam - Central Coquitlam

    104 1146 MADORE Avenue Coquitlam V3K 3B9 Central Coquitlam

    $1,249,000
    Multifamily
    Status:
    Active
    MLS® Num:
    R2874558
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,541 sq. ft.
    NO MONTHLY STRATA FEES!! Four RIVER VIEW four-plex homes built to the highest standards with attention to detail. Featuring top of line kitchen, quarts counter tops, hardwood & tile floors, high efficiency heat with AC. Completely open floor plan on the main with 3 spacious bedrooms up. Two parking stalls per unit, walking distance to amenities 2-5-10 New Home Warranty. More details
    Listed by RE/MAX Dream Home Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 2632 WARD Street, Vancouver - Collingwood VE

    2632 WARD Street Collingwood VE Vancouver V5R 4S6
    Main Photo: 2632 WARD Street, Vancouver - Collingwood VE

    2632 WARD Street Vancouver V5R 4S6 Collingwood VE

    $1,260,000
    Multifamily
    Status:
    Active
    MLS® Num:
    R2859948
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,032 sq. ft.
    Welcome to your new home in the serene Collingwood neighbourhood, this 3-bed, 2.5 bath triplex unit boasts contemporary finishes and design, perfect for modern living. Enjoy a quiet, family-oriented atmosphere on a beautiful mature tree-lined street, in this sought after and vibrant East Vancouver neighbourhood. Steps away from John Norquay Elementary School and walking distance to a wide variety of retail, restaurants and cafés, this home has it all! With its open concept floor plan, wide-plank laminate flooring, contemporary LED lighting throughout, brand name faucets and hardware in matte black finish, quartz countertops, Fisher & Paykel appliances, designated car port, EV charger, and bike storage, discover elegance and affordability harmoniously combined in this exquisite residence. More details
    Listed by Angell, Hasman & Associates Realty Ltd.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 3982 PENDER Street, Burnaby - Willingdon Heights

    3982 PENDER Street Willingdon Heights Burnaby V5C 2L6
    Main Photo: 3982 PENDER Street, Burnaby - Willingdon Heights

    3982 PENDER Street Burnaby V5C 2L6 Willingdon Heights

    $1,649,000
    Multifamily
    Status:
    Active
    MLS® Num:
    R2881952
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,244 sq. ft.
    Discover the perfect blend of comfort and convenience in this charming three-bedroom unit located in the vibrant Willingdon Heights neighborhood. Set to be completed in Summer 2025, this residence is ideal for young families seeking a dynamic and accessible lifestyle. Just steps away, explore the bustling Hastings St and the Heights with its array of restaurants and retail stores, ensuring all your needs are just a short walk away. The Eileen Dailly Leisure Pool & Fitness Centre is also only a 10-minute drive, perfect for family outings and staying active. Inside, the unit boasts stylish wooden flooring with cozy carpeted bedrooms, complemented by a modern air conditioning system for year-round comfort. Make this inviting space your next home, where every convenience is at your fingertips. More details
    Listed by Stonehaus Realty Corp.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 8702 154 Street, Surrey - Fleetwood Tynehead

    8702 154 Street Fleetwood Tynehead Surrey V3S 3N6
    Main Photo: 8702 154 Street, Surrey - Fleetwood Tynehead

    8702 154 Street Surrey V3S 3N6 Fleetwood Tynehead

    $1,690,000
    Multifamily
    Status:
    Active
    MLS® Num:
    R2879014
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,456 sq. ft.
    Investors, seize this prime opportunity! A part of the upcoming The Fleetwood Plan NCP, this property is a gem for holding or development. Zoned for duplexes, it promises a lucrative future with potential for townhouse zoning. The future Fleetwood Plan adds allure, ensuring a strategic investment. Expect ground-oriented townhouse buildings with up to 3 storeys, with potential for 4 in key spots, and density up to 1.0 FAR for ground-oriented, and 1.2 FAR for stacked townhouses with underground parking. Perfect for savvy investors eyeing growth and return. More details
    Listed by eXp Realty (Branch)
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 7830 - 7832 115 Street, Delta - Scottsdale

    7830 - 7832 115 Street Scottsdale Delta V4C 5N3
    Main Photo: 7830 - 7832 115 Street, Delta - Scottsdale

    7830 - 7832 115 Street Delta V4C 5N3 Scottsdale

    $1,799,000
    Multifamily
    Status:
    Active
    MLS® Num:
    R2880213
    Bedrooms:
    10
    Bathrooms:
    4
    Floor Area:
    4,596 sq. ft.
    An unparalleled opportunity awaits – a property never before listed, now gracing the market for the first time! This full duplex boasts not just two, but three full suites, with the exciting potential to expand into a fourplex property. Attention all investors, developers, and builders – this is your alert! Situated on a vast, flat lot spanning 13,691 square feet, this gem presents a rare and extraordinary prospect. Nestled in the heart of North Delta, it offers close proximity to transit, schools, and shopping amenities. The possibilities are limitless: whether you choose to subdivide and erect detached homes, renovate the existing duplex, or construct a duplex/fourplex, the canvas is yours to paint. Don't miss out on this remarkable chance to shape your vision into reality! More details
    Listed by Royal LePage Global Force Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 19432 - 19438 HAMMOND Road, Pitt Meadows - South Meadows

    19432 - 19438 HAMMOND Road South Meadows Pitt Meadows V3Y 1L3
    OPEN HOUSE: May 18, 2024
    02:00 PM - 04:00 PM PDT
    Open House on Saturday, May 18, 2024 2:00PM - 4:00PM
    OPEN HOUSE: May 19, 2024
    02:00 PM - 04:00 PM PDT
    Open House on Sunday, May 19, 2024 2:00PM - 4:00PM
    Main Photo: 19432 - 19438 HAMMOND Road, Pitt Meadows - South Meadows

    19432 - 19438 HAMMOND Road Pitt Meadows V3Y 1L3 South Meadows

    $1,799,900
    Multifamily
    Status:
    Active
    MLS® Num:
    R2881965
    Bedrooms:
    6
    Bathrooms:
    4
    Floor Area:
    2,702 sq. ft.
    DEVELOPMENT OPPORTUNITY- Up to 6 units! 19432-19438 Hammond Road is Duplex zoned, and on a huge 13,000 sq ft lot with 2,700 sq ft of living space. This full duplex features a newer roof, hot water tanks and furnaces to reduce your maintenance needs. Enjoy the ease of access to local amenities. The property is just a short walk from top-rated schools, and public transit is readily available for effortless commuting. Nearby attractions include major transportation routes, vibrant shopping districts, and recreational facilities, adding significant value to this attractive investment. Ideal for a variety of living arrangements or as a profitable rental property and with the new higher density legislation, creates a unique development opportunity. Open House Sat and Sun from 2-4 More details
    Listed by eXp Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 8439 OAK Street, Vancouver - Marpole

    8439 OAK Street Marpole Vancouver V6P 4A9
    Main Photo: 8439 OAK Street, Vancouver - Marpole

    8439 OAK Street Vancouver V6P 4A9 Marpole

    $1,900,000
    Multifamily
    Status:
    Active
    MLS® Num:
    R2813898
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,113 sq. ft.
    Developer Alert!! Central Location 6 story development lots for Sale!!! 2 mins from Richmond, Vancouver Air Port, and 15 mins Drive to Downtown Vancouver. Do not miss the chance to acquire 5 Lots Land Assembly 8433, 8423, 8437, 8439, 8443, 8461, 8463, 8467 Oak Street: Total Lot Size 18,946.27 sf. It is under Marpole OCP and can be built for 6 Story apartment with 2.5 FSR. *All the measurement are approximate, please contact with the realtor for detail. *Do not walk on the property to disturb the residents. More details
    Listed by RE/MAX Crest Realty and Unilife Realty Inc.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 8437 OAK Street, Vancouver - Marpole

    8437 OAK Street Marpole Vancouver V6P 4A9
    Main Photo: 8437 OAK Street, Vancouver - Marpole

    8437 OAK Street Vancouver V6P 4A9 Marpole

    $1,900,000
    Multifamily
    Status:
    Active
    MLS® Num:
    R2606993
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,134 sq. ft.
    Developer Alert!! Central Location 6 story development lots for Sale!!! 2 mins from Richmond, Vancouver Air Port, and 15 mins Drive to Downtown Vancouver. Do not miss the chance to acquire 5 Lots Land Assembly 8433, 8423, 8437, 8439, 8443, 8461, 8463, 8467 Oak Street: Total Lot Size 18,946.27 sf. It is under Marpole OCP and can be built for 6 Story apartment with 2.5 FSR. *All the measurement are approximate, please contact with the realtor for detail. *Do not walk on the property to disturb the residents. More details
    Listed by RE/MAX Crest Realty and Unilife Realty Inc.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 8423 OAK Street, Vancouver - Marpole

    8423 OAK Street Marpole Vancouver V6P 4A9
    Main Photo: 8423 OAK Street, Vancouver - Marpole

    8423 OAK Street Vancouver V6P 4A9 Marpole

    $1,900,000
    Multifamily
    Status:
    Active
    MLS® Num:
    R2606777
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,134 sq. ft.
    Developer Alert!! Central Location 6 story development lots for Sale!!! 2 mins from Richmond, Vancouver Air Port, and 15 mins Drive to Downtown Vancouver. Do not miss the chance to acquire 5 Lots Land Assembly 8433, 8423, 8437, 8439, 8443, 8461, 8463, 8467 Oak Street: Total Lot Size 18,946.27 sf. It is under Marpole OCP and can be built for 6 Story apartment with 2.5 FSR. *All the measurement are approximate, please contact with the realtor for detail. *Do not walk on the property to disturb the residents. More details
    Listed by RE/MAX Crest Realty and Unilife Realty Inc.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 8463 OAK Street, Vancouver - Marpole

    8463 OAK Street Marpole Vancouver V6P 4A9
    Main Photo: 8463 OAK Street, Vancouver - Marpole

    8463 OAK Street Vancouver V6P 4A9 Marpole

    $1,900,000
    Multifamily
    Status:
    Active
    MLS® Num:
    R2606602
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,154 sq. ft.
    Developer Alert!! Central Location 6 story development lots for Sale!!! 2 mins from Richmond, Vancouver Air Port, and 15 mins Drive to Downtown Vancouver. Do not miss the chance to acquire 5 Lots Land Assembly 8433, 8423, 8437, 8439, 8443, 8461, 8463, 8467 Oak Street: Total Lot Size 18,946.27 sf. It is under Marpole OCP and can be built for 6 Story apartment with 2.5 FSR. *All the measurement are approximate, please contact with the realtor for detail. *Do not walk on the property to disturb the residents. More details
    Listed by RE/MAX Crest Realty and Unilife Realty Inc.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 6630 - 6632 CANADA Way, Burnaby - Burnaby Lake

    6630 - 6632 CANADA Way Burnaby Lake Burnaby V5E 3P7
    Main Photo: 6630 - 6632 CANADA Way, Burnaby - Burnaby Lake

    6630 - 6632 CANADA Way Burnaby V5E 3P7 Burnaby Lake

    $1,900,000
    Multifamily
    Status:
    Active
    MLS® Num:
    R2873691
    Bedrooms:
    9
    Bathrooms:
    4
    Floor Area:
    3,114 sq. ft.
    FULL DUPLEX IN THE PRIME BURNABY LAKE AREA. Situated on 9,360 SF this close to 3,100 SF duplex harbors 2 additional suites. Multifaceted investment asset with potential for redevelopment, renovations, rental revenue streams, and for live-rent. Backing onto Lakeview Elementary and Pre School where kids can simply walk to and from home. A myriad of upgrades have been implemented over the years to enhance the longevity of the property. Including new drain tiles, floors, fascia flashing, and more. A rare opportunity for investors, developers, and someone that is looking to live in a home while generating massive cashflow at the same time. CALL ME FOR DETAILS TODAY. More details
    Listed by FaithWilson Christies International Real Estate
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 15117 MARINE Drive, White Rock - White Rock

    15117 MARINE Drive White Rock White Rock V4B 1C5
    Main Photo: 15117 MARINE Drive, White Rock - White Rock

    15117 MARINE Drive White Rock V4B 1C5 White Rock

    $1,995,000
    Multifamily
    Status:
    Active
    MLS® Num:
    R2738589
    Bedrooms:
    2
    Bathrooms:
    4
    Floor Area:
    1,296 sq. ft.
    OVERLOOKING THE OCEAN AND BEACH IN PRIME WHITE ROCK!!! Located on Marine Drive, right across the street from White Rock beach! 3 storey with 4 rental units (2 - 1 bedroom suites and 2 studio suites). Legal duplex (legal non-conforming 4-plex). Double garage with extra paring in front and lane. Walk to the sandy beach, shopping, restaurants, pubs, parks and many other activities for all age groups! RARE FIND!!! PRICED TO SELL!!! More details
    Listed by Top Producers Realty Ltd.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 2333 COLLINGWOOD Street, Vancouver - Kitsilano

    2333 COLLINGWOOD Street Kitsilano Vancouver V6R 3L2
    Main Photo: 2333 COLLINGWOOD Street, Vancouver - Kitsilano

    2333 COLLINGWOOD Street Vancouver V6R 3L2 Kitsilano

    $1,998,000
    Multifamily
    Status:
    Active
    MLS® Num:
    R2881205
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    2,542 sq. ft.
    Hurry! This is a very well maintained and charming LEGAL character revenue home accommodating 3 separate suites on a 40 x 60 ft lot in Kitsilano. 2333, 2335 & 2337 Collingwood. The bright and airy 1 bed top floor unit, has a spacious living, dining & open kitchen area + deck. Main floor 1 bedroom suite, accommodates larges principal rooms and enjoys the veranda for outside dinners. The ground floor 2 bedroom unit has a good layout with lots of storage & good ceiling height. This home is a delight to show and with only 4 tenants in total, it will be a perfect investment to own. Long term tenants all wish to stay. Street parking only. Walk to West Broadway shops, Bayview school and beaches. An excellent location. Showing on Thursdays and Saturdays 11-12 with 48 hrs appointment notice only. More details
    Listed by RE/MAX Crest Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 3629 - 3631 FLINT Street, Port Coquitlam - Glenwood PQ

    3629 - 3631 FLINT Street Glenwood PQ Port Coquitlam V3B 4J9
    Main Photo: 3629 - 3631 FLINT Street, Port Coquitlam - Glenwood PQ

    3629 - 3631 FLINT Street Port Coquitlam V3B 4J9 Glenwood PQ

    $1,999,999
    Multifamily
    Status:
    Active
    MLS® Num:
    R2875091
    Bedrooms:
    5
    Bathrooms:
    5
    Floor Area:
    2,387 sq. ft.
    BUILDERS, DEVELOPERS & INVESTORS. Full Duplex with back-lane access with two distinct units. first unit boasts 1,127 square feet; three bedrooms & two bathrooms, while the second unit is 1,260 square feet with two bedrooms & three bathrooms. Both units feature lovely backyards, perfect for entertaining guests & pets. On a generous 8,015-square-foot lot. Situated in a quiet neighbourhood, convenience at your doorstep with entertainment, all levels of schools & amenities just a stone's throw away. One unit has been renovated, marrying contemporary elegance with classic appeal. Additional living space in detached garage. Whether you're seeking a property with cash flow or a dream residence, this property promises not just a place to live, but a canvas for your aspirations More details
    Listed by eXp Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 8461 OAK Street, Vancouver - Marpole

    8461 OAK Street Marpole Vancouver V6P 4A9
    Main Photo: 8461 OAK Street, Vancouver - Marpole

    8461 OAK Street Vancouver V6P 4A9 Marpole

    $2,000,000
    Multifamily
    Status:
    Active
    MLS® Num:
    R2606635
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,124 sq. ft.
    Developer Alert!! Central Location 6 story development lots for Sale!!! 2 mins from Richmond, Vancouver Air Port, and 15 mins Drive to Downtown Vancouver. Do not miss the chance to acquire 5 Lots Land Assembly 8433, 8423, 8437, 8439, 8443, 8461, 8463, 8467 Oak Street: Total Lot Size 18,946.27 sf. It is under Marpole OCP and can be built for 6 Story apartment with 2.5 FSR. *All the measurement are approximate, please contact with the realtor for detail. *Do not walk on the property to disturb the residents. More details
    Listed by RE/MAX Crest Realty and Unilife Realty Inc.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 3523 - 3527 CARLISLE Street, Port Coquitlam - Woodland Acres PQ

    3523 - 3527 CARLISLE Street Woodland Acres PQ Port Coquitlam V3B 4M1
    Main Photo: 3523 - 3527 CARLISLE Street, Port Coquitlam - Woodland Acres PQ

    3523 - 3527 CARLISLE Street Port Coquitlam V3B 4M1 Woodland Acres PQ

    $2,048,888
    Multifamily
    Status:
    Active
    MLS® Num:
    R2860444
    Bedrooms:
    10
    Bathrooms:
    6
    Floor Area:
    4,182 sq. ft.
    Welcome to 3523 Carlisle Street – a property that caters to INVESTOR, BUYER, DEVELOPER, and BUILDER. Currently generating $7,575/month with 3 SUITES RENTED AND ONE UNIT EMPTY! Can generate up to $9,800 - $10k. This 4182 SQ.FT income producing gem still has room for an owner to occupy while collecting all this rent! 10 bed, 6 baths! Talk about location! Only 5 mins from COQUITLAM CENTRE, ALL LEVELS OF SCHOOL, DAYCARE, SKYTRAIN, COQUITLAM RIVER AND PARK. Fully RENOVATED from the inside with NEW ELECTRICAL & PLUMBING for your peace of mind. STREET APPEAL! Situated on a quiet street with mostly newer homes! BONUS potential for SUBDIVISION (buyer to verify with city). Act fast – this versatile property won't last long Showings by appointment only! More details
    Listed by SRS Hall of Fame Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN
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    please create a free account

  • 3568 E PENDER Street, Vancouver - Renfrew VE

    3568 E PENDER Street Renfrew VE Vancouver V5K 2E3
    Main Photo: 3568 E PENDER Street, Vancouver - Renfrew VE

    3568 E PENDER Street Vancouver V5K 2E3 Renfrew VE

    $2,100,000
    Multifamily
    Status:
    Active
    MLS® Num:
    R2880257
    Bedrooms:
    6
    Bathrooms:
    4
    Floor Area:
    3,086 sq. ft.
    Don't miss out on this unique multiple suite income generating machine. Nestled in the heart of the sought-after Renfrew neighbourhood, this property is truly a rarity. Spread over three levels, it boasts a generous finished living space of 3,086 sqft. Located on a 33 x 155 lot, enjoy the south-facing backyard and the abundance of natural light throughout the day. The current R1-1 zoning offers a multitude of potential uses, providing flexibility to maximize the property's potential. Whether you're an investor, developer, or homebuyer looking for a project or a customizable property, the choice is yours and the possibilities are endless! More details
    Listed by Macdonald Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN
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Data was last updated May 14, 2024 at 08:10 AM (UTC)
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Multifamily Properties in Greater Vancouver

Multifamily Properties (Multifamily homes for sale) are, as the name implies, buildings which house multiple tenants.   Investors purchase them to generate profits in a couple of ways.    Firstly, the buildings can be rented out, and the investor benefits from steady rental income which grows over time.  Secondly, the investor can renovate the building, making it more desirable and obtain higher rents.  Since the value of a Multifamily Property is driven by the rate of return, such a renovation can result in a very large increase in value.

Vancouver is home to MANY investors who have improved the return from a multi-unit rental building and then sold it to realize ENORMOUS profits.

Moreover,  banks make financing decisions for these investment properties based upon the financials for the building itself.   As a result, many people are pleasantly surprised at what they are able to finance!   Check the quick Searches below to see the Multifamily BC properties for sale in Metro Vancouver and in the Fraser Valley.

More about Multifamily Properties

Multifamily Properties are built specifically to house more than one family.   Each family has their own separate accommodations.   Multi-family buildings can range in size from small to very large.

  • The most common (and most affordable) Multifamily properties are Duplex/Triplex/Quadruplex.    Each unit in the building has a separate entrance and there are no shared areas.
  • Apartment buildings are another very lucrative form of  multifamily property.

A multifamily home may be move-in ready, or it might be a serious fixer-upper. Before buying a multifamily home, you should perform your due diligence.    Make sure the roof and structure are sturdy,  and major systems like plumbing and HVAC are in working condition.

Multifamily homes can be purchased fully tenanted.   However, the new owner must  typically honour any existing rental agreements.

An attractive feature of multifamily property is the steady revenue stream they deliver from rent.   Indeed, some investors live in the property and offset mortgage payments using the income from renting out the other units.

Over the long term, the multifamily BC properties appreciate in value, like any other Real Estate assets.

Learn more about buying investment properties on our Real Estate Investing page.

Buying or Selling Homes

Check out our BC Properties for Sale pages. They are a great way to get to know different communities. Begin with the photo presentations highlighting each community. Then review detailed information and real estate Market statistics specific to that community.

Each community page also allows you to quickly access the BC Listings in that area, broken out by property type (houses for sale, duplex for sale, townhouses for sale, condos for sale and land for sale).

Mortgage Calculator
Property Transfer Tax
Affordability Calculator