- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- C8076298
- Build. Type:
- Mixed Use
- Photos (40)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
- Sale Type:
- Asset
- Ownership:
- Freehold
- Property Type:
- Multi-Family Commercial
- Commercial Type:
- Multi Family
- Construction:
- Concrete, Frame Wood, Mixed
- Name of Complex/Subdivision:
- The Palace
- Num Storeys:
- 3
- Building Type:
- Mixed Use, Mul Tenant/MultiPlex (5+)
- # Units Total:
- 0
- # Other Units:
- 0
- # of Apartments:
- 0
- # of Studio Apartments:
- 0
- # of Penthouse Apartments:
- 0
- # of Bachelor Apartments:
- 0
- # of 4+ Bedroom Apartments:
- 0
- # of 1 Bedroom Apartments:
- 0
- # of 2 Bedroom Apartments:
- 0
- # of 3 Bedroom Apartments:
- 0
- Year built:
- 2013 (Age: 13)
- Living Area:
- 9,382 sq. ft.
- Lot Area:
- 10,890 sq. ft.
- Zoning:
- Signup
- Fencing:
- Signup
- # Of Parking Spaces - Total:
- Signup
- Road Frontage:
- Signup
- Heating:
- Signup
- Cooling:
- Central Air, Forced Air, Air Conditioning
- Electricity:
- Yes
- Services Connected:
- Electricity Connected, Fully Serviced, Natural Gas Connected, Sanitary sewer at LotLine, Storm Sewer at Lot Line
- Sewer:
- Public Sewer, Storm Sewer
- Parcel Number:
- 001783114
- Taxes:
- $11,927.61 / 2024
- Balconies, Elevator Freight, Laundry Facility, Washrooms Female/Male
- No
- Freezer
- Security System
-
Tiled living area featuring a chandelier and a high ceiling -
Staircase featuring suspended lighting and a high ceiling
-
Stairway with tile patterned flooring, a high ceiling, and recessed lighting
-
Building lobby featuring ornamental molding and a high ceiling
-
Hallway featuring crown molding, an upstairs landing, a high ceiling, hanging lights, and a decorative wall
-
Interior space with crown molding, a high ceiling, a chandelier, tile patterned floors, and wainscoting
-
Lobby featuring crown molding, a high ceiling, and recessed lighting
-
Living room featuring a chandelier, ornamental molding, a decorative wall, light tile patterned floors, and a wainscoted wall
-
Tiled living room featuring ornamental molding, hanging lights, and a raised ceiling
-
Tiled living area featuring ornamental molding, hanging lights, wainscoting, a decorative wall, and a raised ceiling
-
Entryway with a decorative wall, hanging lights, a wainscoted wall, crown molding, and coffered ceiling
-
Workout area with a decorative wall, french doors, wainscoting, ornamental molding, and coffered ceiling
-
Living room featuring ornamental molding, suspended lighting, a decorative wall, coffered ceiling, and a wainscoted wall
-
Dining space featuring a chandelier, ornamental molding, wainscoting, a decorative wall, and coffered ceiling
-
Kitchen with glass fronted cabinets, a center island, tasteful backsplash, stainless steel appliances, and dark stone countertops
-
Kitchen featuring cream cabinets, dark stone counters, backsplash, stainless steel dishwasher, and recessed lighting
-
Bedroom featuring french doors, ornamental molding, suspended lighting, carpet floors, and a tray ceiling
-
Bedroom featuring suspended lighting, a fireplace, ornamental molding, carpet flooring, and a raised ceiling
-
Full bathroom with two vanities, a shower stall, light marble finish flooring, hanging lights, and crown molding
-
Bedroom featuring light carpet and ornamental molding
-
Full bath with vanity and a whirlpool tub
-
Bedroom featuring ornamental molding, wood finished floors, and recessed lighting
-
Bedroom with carpet floors and wallpapered walls
-
Bedroom featuring ornamental molding and hanging lights
-
Bathroom featuring vanity and a marble finish shower
-
Living area with dark wood-style flooring, crown molding, and recessed lighting
-
Living room with ornamental molding, dark wood-style flooring, recessed lighting, a glass covered fireplace, and french doors
-
Carpeted bedroom with wallpapered walls and an accent wall
-
Bedroom featuring a chandelier and carpet
-
Bathroom featuring a marble finish shower, a whirlpool tub, crown molding, and tile walls
-
View of balcony
-
Corridor featuring elevator and recessed lighting
-
Living area with ornamental molding and light tile patterned floors
-
Carpeted cinema featuring crown molding and coffered ceiling
-
Bedroom featuring a chandelier and ornamental molding
-
Carpeted bedroom with baseboards
-
Bedroom featuring ornamental molding and carpet flooring
-
Rear view of house featuring a fenced front yard and a gate
-
View of asphalt road featuring a residential view
-
Bird's eye view
Virtual Tour
- Jean Seguin
- RE/MAX Real Estate Services
- 7787852135
- sales@vancouvercommercialbrokers.ca
Multi-family buildings for sale across Vancouver and British Columbia offer investors stable income, long-term appreciation, and diversification within the commercial real estate market. These properties typically include apartment buildings, purpose-built rentals, and multi-unit residential assets designed to generate consistent cash flow.
Vancouver Business Brokers represents multi-family investment properties throughout Metro Vancouver, the Lower Mainland, and BC, providing professional guidance to investors evaluating acquisition opportunities.
Types of Multi-Family Investment Properties
Multi-family real estate encompasses a range of property types, including:
- Purpose-built apartment buildings
- Small to mid-sized multi-unit residential properties
- Mixed-use buildings with residential units
- Redevelopment and value-add opportunities
Each property type carries different income profiles, financing considerations, and risk factors.
Buying Multi-Family Buildings
Investors evaluating multi-family buildings should consider more than the asking price. Key factors include:
- Net operating income and cap rates
- Tenant mix and lease stability
- Operating expenses and maintenance history
- Zoning, density, and redevelopment potential
- Local rental market demand
Professional representation helps investors identify risks and assess long-term performance.
Selling Multi-Family Properties
Selling multi-family real estate requires proper pricing, market exposure, and access to qualified buyers. Investor demand, income stability, and asset condition all influence value.
Working with experienced commercial brokers helps sellers:
- Position assets effectively
- Reach qualified investors
- Navigate negotiations and due diligence
- Close transactions efficiently
Multi-Family Markets Across British Columbia
Demand for multi-family investment properties varies by region. Vancouver remains a core market, while secondary markets may attract investors seeking higher yields.
Understanding regional market conditions is critical when evaluating pricing and investment strategy.
Next Steps
If you are considering buying or selling a multi-family building in Vancouver or British Columbia, professional guidance can help you navigate the process with confidence.
Frequently Asked Questions
What qualifies as a multi-family building?
Multi-family buildings include properties with multiple residential units, such as apartment buildings and purpose-built rentals.
Are multi-family buildings good investments?
Multi-family properties can offer stable income and long-term appreciation, depending on location, tenant mix, and operating costs.
Do you represent multi-family properties outside Vancouver?
Yes. We represent multi-family investment properties across British Columbia.
What should investors review before purchasing?
Investors should review income statements, operating expenses, tenant leases, zoning, and local market conditions.
