Login with:

Forgot password Extend Verify Contact Signup Login

1570 Sperling Avenue

Sperling-Duthie Burnaby V5B 4J9

$2,995,000

Multi-Family Commercial

• Details
• Photos
• Videos
• Map

Status:

Active

Prop. Type:

Multi-Family Commercial

MLS® Num:

C8078284

Build. Type:

Mul Tenant/MultiPlex (5+)

• Photos (40)

Schedule a viewing:

in-person virtual

---

ASAP

Sun

17

MAY

Mon

18

MAY

Tue

19

MAY

Wed

20

MAY

Thu

21

MAY

Fri

22

MAY

Sat

23

MAY

Cancel any time.
• Schedule / Email
• Send listing
• Mortgage calculator
• Print listing

Sperling 5 — A rare opportunity to own a high performing multifamily asset in N Burnaby. Why you’ll want to invest here: 1. Income generating 5 suite property with 2025 NOI of $118k and clear upside through rent optimization, plus external storage lockers for added revenue. 2. Significant capital improvements, reducing near-term costs and improving long-term stability. 3. 9 bedrooms and 6 bathrooms on a 9,040 sqft lot with strong rental appeal across multiple tenant profiles, plus 5 parking stalls with lane access. 4. Prime N Burnaby location near transit, schools, shopping, parks, tennis, pickleball, and golf. 5. Future development potential adds long-term upside. Don’t miss this turnkey asset in N Burnaby, featuring strong income, significant upgrades, and long-term growth potential.

General Info:

Sale Type:

Asset

Ownership:

Freehold

Property Type:

Multi-Family Commercial

Commercial Type:

Multi Family

Construction:

Frame Wood

Name of Complex/Subdivision:

Sperling 5

Num Storeys:

2

Building Type:

Mul Tenant/MultiPlex (5+)

# Bldgs:

1

# Units Total:

5

# Other Units:

0

# of Apartments:

5

# of Studio Apartments:

0

# of Penthouse Apartments:

0

# of Bachelor Apartments:

0

# of 4+ Bedroom Apartments:

0

# of 1 Bedroom Apartments:

2

# of 2 Bedroom Apartments:

2

# of 3 Bedroom Apartments:

1

Year built:

1966 (Age: 60)

Living Area:

4,347 sq. ft.404 m2

Subject Property Depth:

125'38.1 m

Subject Property Width:

72'21.9 m

Lot Area:

9,147.6 sq. ft.850 m2

Zoning:

Signup

Potential to Redevelop:

No, Please see Zoning schedule in documents folder

Fencing:

Signup

# Of Parking Spaces - Total:

Signup

Road Frontage:

Signup

Heating:

Signup

Cooling:

Electric, Forced Air, HVAC System

Electricity:

No

Sewer:

Public Sewer

Parcel Number:

000477109

Taxes:

$7,902.83 / 2025

Amenities (Commercial):

Balconies, Laundry Facility, Outside Storage, Storage

Waterfront (Y/N):

No

Restrictions:

Signup

Other Details:

Water Supply:

Public

Water Rights:

No

Roof:

Signup

Potential to Redevelop:

No, Please see Zoning schedule in documents folder

Env Assmt Phase:

No

Business Info:

Cap Rate %:

Signup

Gross Income:

Signup

Oper. Expenses:

Signup

Other Income:

Signup

Effective Gross Income:

Signup

Net Operating Income:

Signup

Listing Info:

Previous Price:

Signup

Original Price:

Signup

• 
  Photo 1 of 40
• 
  Photo 2 of 40
• 
  Photo 3 of 40
• 
  Photo 4 of 40
• 
  Photo 5 of 40
• 
  Photo 6 of 40
• 
  Photo 7 of 40
• 
  Photo 8 of 40
• 
  Photo 9 of 40
• 
  Photo 10 of 40
• 
  Photo 11 of 40
• 
  Photo 12 of 40
• 
  Photo 13 of 40
• 
  Photo 14 of 40
• 
  Photo 15 of 40
• 
  Photo 16 of 40
• 
  Photo 17 of 40
• 
  Photo 18 of 40
• 
  Photo 19 of 40
• 
  Photo 20 of 40
• 
  Photo 21 of 40
• 
  Photo 22 of 40
• 
  Photo 23 of 40
• 
  Photo 24 of 40
• 
  Photo 25 of 40
• 
  Photo 26 of 40
• 
  Photo 27 of 40
• 
  Photo 28 of 40
• 
  Photo 29 of 40
• 
  Photo 30 of 40
• 
  Photo 31 of 40
• 
  Photo 32 of 40
• 
  Photo 33 of 40
• 
  Photo 34 of 40
• 
  Photo 35 of 40
• 
  Photo 36 of 40
• 
  Photo 37 of 40
• 
  Photo 38 of 40
• 
  Photo 39 of 40
• 
  Photo 40 of 40

Virtual Tour

Larger map options:

Larger map Satellite map Street View Walkscore

Listed by Rennie & Associates Realty Ltd.

Data was last updated May 16, 2026 at 04:05 AM (UTC)

• Jean Seguin
• RE/MAX Real Estate Services
• 7787852135
• sales@vancouvercommercialbrokers.ca

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.

powered by myRealPage.com

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.