Vancouver Market - Tracking commercial real estate investment sales across Metro Vancouver — sale prices, cap rates, and $/SF data for apartment, retail, office, land, and development transactions. By David Taylor, SVP at Colliers International Canada.
Vancouver Market - Tracking commercial real estate investment sales across Metro Vancouver — sale prices, cap rates, and $/SF data for apartment, retail, office, land, and development transactions. By David Taylor, SVP at Colliers International Canada.
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Apartment

Grandview‑Woodland Apartment Building Sold for $5.6M

A 3‑storey low‑rise apartment building at 2280 McGill Street in Vancouver’s Grandview‑Woodland has sold for $5,600,000, or $280,000 per unit.

Situated on a 12,200 SF lot with 99 feet of frontage, the 1966‑built wood‑frame building comprises 20 rental units.

The purchaser was New Chelsea Society.

The property was listed and sold by NAI Commercial.

February 12, 2026by david.taylor@colliers.com
Apartment, For Sale

Marpole Apartment Building Sells for 5.0% Cap

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.

January 20, 2026by david.taylor@colliers.com
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
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David Taylor Personal Real Estate Corporation

Colliers International

DT

David Taylor

Senior Vice President, Colliers Canada

David Taylor is a Senior Vice President at Colliers International in Vancouver, BC, specializing in the sale of commercial real estate across Metro Vancouver. He has sold over $1.7 Billion in office buildings, retail properties, apartment buildings and development land since 2004.

Vancouver Market chronicles investment and development activity in Metro Vancouver, including sale prices, cap rates, $/SF metrics, and market context for commercial real estate transactions.

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