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.

Key Deal Metrics

• Sale Price: $2,895,000
• Cap Rate: 4.9%
• Price per Unit: $289,500
• Lot Area: 6,229 sq. ft.
• Zoning: RM-3

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.

Property Highlights

• Units: 14
  • 10 × 1‑bedroom
  • 4 × 2‑bedroom
• Lot Size: 9,148 SF
• Zoning: RM‑4 (Multiple Dwelling)
• Parking: 6 covered stalls
• Amenities: Two locker rooms (14 lockers), shared laundry (1 washer + 1 dryer)

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/

A 31-Unit apartment building located on Fraser Street at East 17th Avenue has been sold by Low Tide Properties. The 2017 built apartment/retail building is located on a 12,197 SF site.

The building contains a retail unit leased to Bells and Whistles.

Sale details:

• Purchase Price: $12,500,000
• 4.4% cap rate
• $694,000 per unit
• 13 one-beds, 15 two-beds, 3 three-beds
• 3,174 SF of retail space

The property was listed and sold by the Cushman and Wakefield BC Multifamily Team.

Kira Liu and I are pleased to announce the completion of sale of our listing at 3155 Kingsway, a fully-leased 3-storey retail and apartment property in East Vancouver.

https://www.collierscanada.com/en-ca/properties/sold-fully-leased-retail-apartment-building-in-east-vancouver/can-3155-kingsway-vancouver-bc/can2016373

A retail and apartment property at 4041 200th Street in Langley, known as Brookswood Professional Center, has traded hands. The property is situated a one acres in the Brookswood‑Fernridge area, and includes two buildings with retail and apartment use, one built in 1976 and the other built in 2011.

Sale Details

• Sale Price: $11,200,000
• Building Size: 28,399 SF
• Retail: 10,419 SF (seven CRUs)
• Apartments: 16 units
• Price per Sq. Ft.: $394
• Lot Size: 41,600 SF

This property was listed and sold by NAI Commercial.