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Northyards 39668 Government Rd 88 Unit Apartment Building For Sale Squamish, BC V8B 1C1
Investment Highlights
- Two newly built Class-A mixed-use buildings in Squamish, BC
- 14,862 SF of commercial and office space
- Condo-grade finishes & energy-efficient design
- Total of 78 residential rental units
- High-demand market with 0.7% rental vacancy (CMHC)
- Secure underground parking and bike storage
Executive Summary
Macdonald Commercial is pleased to present Northyards 1 & 2—two newly built Class-A mixed-use rental buildings by WestUrban Developments in Squamish, BC. With a near-zero vacancy rate (0.7% per CMHC), this offering includes 78 residential rental units, over 14,800 SF of commercial/office space, secure underground parking, and modern finishes. Northyards 1 (2020) features 40 residential units and 3 office suites; Northyards 2 (2023) adds 38 residential units, 5 retail units, and additional office space. The properties offer energy-efficient design, condo-quality finishes, and excellent amenities. Held in bare trust with assumable CMHC financing, this is a rare investment opportunity in a high-demand, supply-constrained market.
Property Facts
| Sale Type | Investment | Lot Size | 0.57 AC |
| No. Units | 88 | Building Size | 78,000 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 2020 |
| Apartment Style | Mid-Rise | Parking Ratio | 1.98/1,000 SF |
| Building Class | B | ||
| Zoning | MUD-1 - Mixed Use District | ||
| Sale Type | Investment |
| No. Units | 88 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.57 AC |
| Building Size | 78,000 SF |
| No. Stories | 4 |
| Year Built | 2020 |
| Parking Ratio | 1.98/1,000 SF |
| Zoning | MUD-1 - Mixed Use District |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Bicycle Storage
- Car Charging Station
- Elevator
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 30 | - | 372 |
| 1+1 | 28 | - | 509 |
| 2+1 | 30 | - | 701 |
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Bike Score®
Very Bikeable (72)
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Northyards | 39668 Government Rd
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