Granville Villa, a 65-unit apartment building located at West 11th Avenue and Pine Street in the South Granville area of Vancouver has sold for $14,867,000; equating to a 3.3% cap rate, and $228,000 per unit. The 3-storey building was built in 1973 and contains mostly one-bedrooms and bachelor units. The building had been listed for sale for $16,500,000.

1152 Mainland Street, a four storey, brick and beam office building on Mainland near Davie Street has been sold to Mark James for $18,500,000. Known as ‘The Yaletown Building’, the 36,911 SF building is described as “the quintessential Yaletown office building offering 20 foot high ceiling and exposed brick and beam construction”. The building was built in 1912 and is located directly adjacent the Yaletown Canada Line station.

The building had been listed for sale earlier this year.

Sharp Villa Apartments, a 126-unit apartment complex located at the Northeast corner of SE Marine Drive and Fraser Street has sold for $11,750,000, or $93,250 per unit. The 3-storey building is located on a 1.2 acre site and has several retail units on the ground floor.