I am pleased to bring to market this two-storey retail and office building in the desirable Uptown area of New Westminster. 7,280 SF building on a 8,712 SF site. Two restaurant tenants on the main floor and mostly vacant office space upstairs. Clean environmental. Asking $3,750,000, $515/SF.
A fully leased, medical service–oriented retail plaza at 20528–20580 Lougheed Highway in Maple Ridge has sold to a private local investor for $9,300,000.
The property, known as Mageta Medical Centre, comprises 13,817 SF of rentable area across two buildings on a 1.19-acre site.
The property had originally been listed for sale by Avison Young in late 2024 for $11,750,000. The Buyer in this transaction was represented by William Wright.
We are pleased to offer this rare opportunity to acquire a 100% market rental development site in the highly desirable Lynn Valley neighbourhood. The 16,850 SF corner property (189 ft x 120 ft) has a DP approved for a 6-storey building with 48,950 SF of gross density (2.88 FSR), accommodating 66 market rental units.
Click here for further details: https://www.collierscanada.com/en-ca/properties/for-sale-rezoning-dp-approved-6-storey-woodframe-100-market-rental-in-lynn-valley/can-1149-1155-lynn-valley-road-north-vancouver-bc/can2020284
A 10‑unit rental apartment building at 1035 West 12th Avenue in Fairview has changed hands for $2,895,000. The property sits on a 50′ × 125′ lot in the heart of Fairview.
Built in 1955, the three‑storey wood‑frame walk‑up is a classic example of mid‑century purpose‑built rental stock—simple, functional, and consistently in demand.
The property was listed and sold by NAI Commercial: https://naiapartments.ca/property/1035-west-12th-ave/
A 14‑unit Kitsilano rental apartment building at 2250 York Avenue has sold for $5,995,000. The three‑storey wood‑frame walk‑up, built in 1953, sits on a 75‑foot frontage lot.
The property was sold to General Properties Ltd., a private Canadian investor. The seller, Evereast International Enterprises Ltd., originally acquired the building in 2012 for $4,800,000, reflecting a notable step‑up in value over the past 14 years.
The property was listed and sold by Chris Hayne and Billy Yang: https://www.royallepage.ca/en/property/british-columbia/vancouver/2250-york-avenue/26947768/
First Capital REIT acquired by Choice Properties and KingSett for $5.2-billion
First Capital REIT --> Choice Properties REIT and Kingsett Capital are teaming up to acquire the Canadian real estate company in a deal valued at over $9 billion, including assumed debt. Choice Properties will acquire roughly five billion dollars worth of shopping centres, while
West Vancouver condo project in receivership, causing 'heartbreak' in Dundarave
Greater Vancouver commercial real estate transactions down 8.3% in 2025 via @westerninvestor
