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Deep Cove and Mount Seymour 2 Retail Properties Offered at $14,780,000 CAD in Multiple Locations


Investment Highlights
- The property is anchored by a diverse mix of tenants on long-term leases, providing secure and predictable cash flow.
- Ideally located in Deep Cove, the property is within close proximity to a wide array of community amenities.
- Between 2021 and 2023, the property underwent substantial capital upgrades, including exterior and interior improvements and mechanical updates.
- With 35 on-site surface parking stalls, the property offers abundant customer convenience.
Executive Summary
This property offers a rare opportunity to acquire a stabilized, income-producing retail asset in one of North Vancouver’s most desirable communities. Anchored by a diverse tenant mix on long-term leases, it provides secure cash flow while maintaining flexibility for future redevelopment through demolition clauses. Recent capital upgrades between 2021 and 2023 - including exterior, interior, and mechanical improvements - position the property in turnkey condition with reduced near-term capital requirements. With 35 on-site surface parking stalls, the asset ensures strong customer convenience and tenant retention.
Property Facts
| Price | $14,780,000 CAD | Number of Properties | 2 |
| Price / SF | $734.78 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 20,115 SF |
| Status | Active | Total Land Area | 1.14 AC |
| Price | $14,780,000 CAD |
| Price / SF | $734.78 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 20,115 SF |
| Total Land Area | 1.14 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1012-1060 Deep Cove Rd, North Vancouver, BC V7G 1S3 | Retail | 18,478 SF | 1946 | - |
| 4266 Deep Cove Rd, North Vancouver District, BC V7G 1C9 | Retail | 1,637 SF | - | - |
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Deep Cove and Mount Seymour
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