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Apartment, For Sale

Metrotown Apartment Building Sells in 3.0% Cap Deal

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.

January 20, 2026by david.taylor@colliers.com
Apartment

Mount Pleasant Apartment Building Trades in $6.7M Deal

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.

January 19, 2026by david.taylor@colliers.com
Apartment

East Van Apartment Building Sells for $260,000 per Unit

A 20-unit building known as Capri Aparments and located at 520 North Nanaimo Street in the Grandview-Woodland area of East Vancouver has sold for $5,200,000 to New Chelsea Housing Society.

Details:

  • 3-storey walkup built in 1969
  • 12,319 SF site area
  • 20 units (one bachelor, 18 one-bedrooms, one two-bedroom)
  • 20 underground parking spaces
  • $260,000 per unit

The building was sold by Dan Schulz and Chris Winkers of Macdonald Realty.

The 2026 assessment value of the property is $5,472,000.

January 19, 2026by david.taylor@colliers.com
Apartment, Investment

Starlight Acquires West End Concrete Apartment Building

Starlight has announced the acquisition of Villa Esto, an 83-unit, 10-storey concrete rental apartment building located at 1175 Haro Street in the West End of Downtown Vancouver.

Details of the transaction:

  • Purchase Price: $33,100,000
  • Price per Unit: $399,000

The property was listed and sold by Colliers VIDA team: https://www.collierscanada.com/en-ca/properties/sold-83-unit-rental-apartment-building-in-vancouvers-west-end/can-1175-haro-street-vancouver-bc/can2018225

December 17, 2025by david.taylor@colliers.com
Apartment

117-Unit Burnaby Lowrise Trades in $46M Deal

Equiton Living has completed on the acquisition of Mountain Park Residences (formerly Oceana Court), a 117-unit lowrise apartment complex on a 2.7 acre site at 7070 Inlet Drive, at the base of Burnaby Mountain.

Details:

  • Purchase Price: $46,625,000
  • Cap Rate: 4.4%
  • Price per unit: $390,000
  • Year Built: 1967

The property was listed and sold by Cushman Wakefield: https://www.cwinvestmentproperties.com/listings/7070-inlet-drive-oceana-court-burnaby-bc-66/

December 5, 2025by david.taylor@colliers.com
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David Taylor - Senior Vice President @ColliersCanada. Chronicling investment and development activity in Vancouver. Views are my own.

vancouvermrkt
vancouvermrkt Vancouver Market @vancouvermrkt ·
22 Feb

SOLD: East Vancouver Retail & Apartment Building
https://vancouvermarket.ca/2026/02/22/sold-east-vancouver-retail-apartment-building/

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northshorenews North Shore News @northshorenews ·
17 Feb

12-unit Gleneagles townhouse project proposed in West Vancouver

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vancouvermrkt Vancouver Market @vancouvermrkt ·
31 Jan

A new proposal has surfaced for the parking lot next to Waterfront Station.

The redesigned project includes a 26-storey, 416,000 SF office tower, shaped like a tree, cantilevered over the existing station building.

Architect: James Cheng

Details: https://bit.ly/46aUB0W

4

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vancouvermrkt Vancouver Market @vancouvermrkt ·
23 Jan

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