338-342 St. Georges Avenue
North Vancouver
V7L 3G9
$2,499,000
Multi-Family Commercial
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- C8080878
- Build. Type:
- Low Rise (2-4 storeys)
- Photos (35)
- 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:
- Frame Wood
- Num Storeys:
- 2
- Building Type:
- Low Rise (2-4 storeys)
- # Units Total:
- 4
- # Other Units:
- 0
- # of Apartments:
- 4
- # of Studio Apartments:
- 0
- # of Penthouse Apartments:
- 0
- # of Bachelor Apartments:
- 0
- # of 4+ Bedroom Apartments:
- 0
- # of 1 Bedroom Apartments:
- 1
- # of 2 Bedroom Apartments:
- 3
- # of 3 Bedroom Apartments:
- 0
- Year built:
- 1959 (Age: 67)
- Living Area:
- 3,744 sq. ft.
- Lot Area:
- 6,098.4 sq. ft.
- Zoning:
- Signup
- Potential to Redevelop:
- FSR 1.25 to build approx. 7500 sf. Contact LS for more info., No
- Fencing:
- Signup
- # Of Parking Spaces - Total:
- Signup
- Road Frontage:
- Signup
- Heating:
- Signup
- Electricity:
- No
- Sewer:
- Public Sewer
- Parcel Number:
- 015076148
- Taxes:
- $9,287.09 / 2025
- Laundry Facility, Storage
- No
- Water Supply:
- Public
- Water Rights:
- No
- Roof:
- Signup
- Potential to Redevelop:
- FSR 1.25 to build approx. 7500 sf. Contact LS for more info., No
- Env Assmt Phase:
- No
-
Aerial view of residential properties with varied architectural styles -
Mid-century modern residence featuring light-toned siding, exposed rafter tails, and multiple windows
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Side exterior entry featuring an overhead wooden deck, an exterior light fixture, and a white paneled door
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Expansive outdoor deck with natural wood planks
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Carport structure with wood framing and a light-colored roof
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Contemporary home featuring a distinctive angled roofline and light-toned horizontal siding
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Single-story residence featuring a flat roofline and light-colored siding
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Single-story residence featuring a dark paneled entry door, concrete steps, and a black metal handrail
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Ranch-style exterior with a light-toned facade and dark trim
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Corner property featuring mature trees, a wooden privacy fence, established landscaping, and concrete sidewalks
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Wood panel fencing with lattice top details borders the property, complemented by mature trees and established shrubs
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Aerial perspective featuring a city skyline, expansive water body, and residential structures
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Aerial perspective showcasing a residential property with a multi-level roofline and surrounding landscaping
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Aerial perspective showcasing a dense urban environment with a prominent waterfront
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Aerial perspective of a dense urban environment featuring a variety of multi-story residential buildings, mature trees, and mountainous terrain in the background
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Urban landscape featuring a prominent tree-lined street, water expanse, and distant city skyline
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Spacious room featuring rich wood-finish flooring, a large sliding glass door, a horizontal window, and track lighting
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Room featuring wood-finish flooring, white walls, and white baseboards
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Spacious living area featuring rich wood-finish flooring, white walls, and track lighting
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Bright room featuring a horizontal window, wood-finish flooring, white baseboards, and track lighting
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Entryway featuring wood-finish flooring, white walls, and bright white trim
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Bathroom featuring white cabinetry, a built-in shelving unit, and dark marble-look flooring
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Corner shower enclosure with patterned glass panels, a tiled interior, a white shower pan, and an adjacent white toilet
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Spacious room featuring wood-finish flooring, crisp white walls, and a large horizontal window with natural light
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Kitchen featuring abundant white cabinetry, a white electric range, a stainless steel sink, a window with horizontal blinds, and a tiled backsplash
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Kitchen featuring white cabinetry, a white electric range, and a stainless steel sink with a window overhead
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Compact utility space featuring white upper cabinetry with brushed nickel hardware, a white refrigerator, wood-finish tile flooring, and exposed ceiling beams
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Multi-level commercial structure featuring a prominent gabled roof with red trim, a perforated metal facade, and a ground-floor retail presence with large glass storefronts
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Commercial storefront with a black awning and a prominent dark business sign with white lettering
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Image quality insufficient for description
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Modern commercial storefront featuring a dark brick facade and large display windows
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Industrial-style building with a gabled red roof and light-colored siding
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Image quality insufficient for description
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Floor plan
- 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.
