A 17-Unit apartment building located on Granville Street at West 71st Avenue has sold. The 1956 walkup apartment building is located on a 9,583 SF site.

The property allows future redevelopment up to 6-storeys in the Marpole Community Plan.

Sale details:

• Purchase Price: $7,650,000
• 5.0% cap rate
• $450,000 per unit
• 8 one-beds, 6 two-beds, 3 three-beds

The building was listed and sold by Goodman Commercial.

A multi-tenant streetfront commercial building known as Langley Business Plaza has sold. The property, at 20644 Fraser Highway, is leased to Pharmasave and a number of local businesses.

The 11,500 SF building was built in 1989 and is located on a 20,100 SF site and includes 23 surface parking stalls.

Sale details:

• $6,250,000
• $543 per SF

A 2-storey retail and apartment building on a 25 ft. lot on West 4th in Kits has sold. 1823-1825
West 4th Avenue had been listed for sale for $3,680,000, and sold for in December 2025.

The building has a rentable area of 3,912 SF and sits on a 2,784 SF lot (25 x 113).

The ground floor is leased to a local furniture store.

Sale details:

• $3,300,000
• $844 per SF

The 2026 assessment value is $3,488,000.

The property was listed and sold by Barb Burrows of Macdonald Commercial.

A 10-unit Metrotown apartment building located at 6700 Dow Avenue in the Metrotown area of Burnaby has sold. The 1968 walkup apartment building is located on a 9,118 SF site that has future high density development potential under the Metrotown Plan.

Sale details:

• $3,300,000
• 3.0% cap rate
• $330,000 per unit

The property was listed and sold the Blair McEvay team at Marcus & Millichap.

A 20-unit building at 35 East 16th Avenue in Mount Pleasant has traded in a $6,750,000 deal. Sale details include:

• $336,250 per unit
• 3.3% cap rate

The 2026 assessment value of the property is $6,172,000, down from a peak in 2023 of $7.3 Million.

The property was listed and sold by Marcus & Millichap. The original list price for the property was $8,700,000.