Multifamily in New Westminster available for sale
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Apartment Buildings for Sale in New Westminster

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New Westminster Apartment Building for Sale

More details for Norge Apartments & Emerald Court – Multifamily for Sale, New Westminster, BC

Norge Apartments & Emerald Court

  • Multifamily for Sale
  • $9,800,000 CAD
  • 49,000 SF
  • 2 Multifamily Properties

New Westminster Portfolio of properties for Sale

The McEvay Blair Multifamily Group of Marcus & Millichap is pleased to present the opportunity to acquire Norge Apartments and Emerald Court, a rarely-offered and primely located multifamily offering, in the heart of Downtown New Westminster. Originally constructed in 1962, these two 17-unit apartment buildings present investors with a unique opportunity to acquire a great cash-flowing asset, with minimal required capital expenditures and future high density redevelopment potential. With a total of 34 units, the buildings boast an attractive suite mix of 6-bachelors, 23-1 Bedrooms and 5-2 bedrooms, in addition to the potential to add two extra suites in Emerald Court. Situated in the northeast corner of the downtown core, the Property benefits from a quiet residential atmosphere, while being within immediate walking distance to endless amenities and transit options. The Property also exhibits charming curb appeal, dual 4th storey penthouse suites in each building, and a carefully manicured lawn, displaying a clear pride of ownership.

Contact:

Marcus & Millichap

Property Subtype:

Multi Family

Date on Market:

2025-04-14
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More details for 408 Columbia St E, New Westminster, BC - Multifamily for Sale

Premiere - 408 Columbia St E

New Westminster, BC V3L 0K5

  • Retail for Sale
  • $1,850,000 CAD
  • 1,663 SF
  • 1 Unit Available
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

New Westminster Multifamily for Sale

Premiere features approximately 10,000 square feet of strata retail for sale along East Columbia Street in the heart of the future IDEA Centre. Unit #104 is the last remaining retail unit! Join a vibrant mix of well known co-tenants including Subway, Osmows, Barcelos, and Manhas Clinic & Pharmacy, all situated below fully occupied residential units. This location is perfect for a variety of retail businesses, including restaurants, cafes, pet stores, grocery/ convenience, beauty salons, and more. Retail tenants will become part of a well-established commercial core, featuring nearby anchors like Save On Foods, Starbucks, and Shoppers, catering to over 3,300 RCH staff and medical professionals

Contact:

Sitings

Property Subtype:

Apartment

Date on Market:

2025-01-14
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More details for 621 Eighth St, New Westminster, BC - Multifamily for Sale

Devonshire House - 621 Eighth St

New Westminster, BC V3M 3S5

  • Multifamily for Sale
  • $30,000,000 CAD
  • 84,000 SF
  • Air Conditioning
  • Controlled Access
  • Kitchen
  • Smoke Detector

New Westminster Multifamily for Sale

A well-located, prime 84-unit concrete high-rise apartment building, centrally located in New Westminster, BC. The building offers spacious suites with each suite boasting two balconies! There is major rental income upside considering the size of these units. A concrete high-rise in a prime location with significant rental upside is a rare opportunity – don’t miss out!

Contact:

Macdonald Commercial

Property Subtype:

Apartment

Date on Market:

2024-07-03
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More details for 65 First St, New Westminster, BC - Multifamily for Sale

Kinnaird Place - 65 First St

New Westminster, BC V3L 5K9

  • Multifamily for Sale
  • 61,500 SF
  • Air Conditioning
  • Controlled Access
  • Kitchen
  • Smoke Detector

New Westminster Multifamily for Sale

Avison Young is excited to present the rare opportunity to acquire a 47,421 sf site with an existing three-storey, 61-unit strata apartment, which has passed third reading for a landmark two-tower redevelopment. Positioned in New Westminster’s dynamic downtown core, the 500,223 sf gross floor area site is strategically located between the new Pattullo Bridge and Columbia SkyTrain Station, ensuring exceptional transit connectivity. Situated on a Tier 3 TOA site, this project features two striking towers approved for a combined 10.55 FSR. Together, they provide 633 residential units, comprising 304 condominiums and 329 rental units, seamlessly integrating parkside living with breathtaking views of the Fraser River and Fraser Valley. With major infrastructure upgrades, expanded transit networks, and rapid urban growth, this development represents a rare chance to invest in New Westminster’s transformation. A purchaser has the unique opportunity to assume Kinnaird Place as is and capitalize on its existing income-producing asset or proceed with the approved redevelopment to unlock its full density potential. Whether maintaining the current revenue stream or embracing the vision for a high-density, transit-oriented community, this Property represents a rare investment opportunity in one of Metro Vancouver’s most rapidly evolving urban corridors

Contact:

Avison Young

Property Subtype:

Apartment

Date on Market:

2025-07-01
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More details for 7328 Arcola St, Burnaby, BC - Multifamily for Sale

7328 Arcola St

Burnaby, BC V5E 0A8

  • Office/Retail for Sale
  • 23,956 SF
  • 1 Unit Available

Burnaby Multifamily for Sale

Price, Cap Rate, and NOI disclosed upon a signed CA. Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity to acquire the commercial podium at Esprit 1 (the “Property”) located at the high traffic intersection of Edmonds Street and Kingsway in Burnaby’s Edmonds neighbourhood. The Property comprises one air space parcel totaling 52,676.42 square feet which includes 23,956 sq. ft. of leasable area. A diverse mix of tenants occupy the fully leased Property with lease expiry dates ranging from 2025 to 2034. The Property is the commercial component of BOSA Properties’ Esprit 1, a 28-story mixed-use building with 171 residences. The immediate area provides an ample offering of desirable shops, services, and restaurants along the Kingsway corridor and into the nearby city of New Westminster. Conveniently accessible via walking and vehicle distance from the surrounding residential communities, the Property’s location is transit-oriented with numerous bus routes operating along Kingsway daily and the Edmonds SkyTrain Station located a 3 minute drive away. This offering presents investors with an exceptional opportunity to acquire a fully leased commercial property that is ideally located in a vibrant and growing community in southeast Burnaby.

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2025-06-06
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LoopNet Canada British Columbia Apartment Buildings For Sale in New Westminster, BC, Canada

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Apartment Buildings for Sale in New Westminster

View All Available Listings
How many apartment buildings are available for sale in New Westminster?
There are currently 7 apartment buildings available for sale in New Westminster, offering a unique opportunity for businesses to establish a presence.
How big are the apartment buildings available for sale in New Westminster?
The average size of apartment buildings available for sale in New Westminster is about 40,100 SF. The largest apartment buildings available to buy is 84,000 SF and the smallest is 1,663 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for apartment buildings in New Westminster?
The average market cap rate for apartment buildings for sale is about 3.49% based on data provided in New Westminster. Learn more about how cap rates are calculated.
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