Apartment Buildings for Sale in Richmond

Richmond Multifamily for Sale - Richmond/Delta

Property Subtype:

Apartment

Date on Market:

2025-12-04

Vancouver Multifamily for Sale - City of Vancouver Non Core

Located in the heart of Vancouver’s desirable Marpole neighborhood, French Court Apartments presents a rare opportunity to acquire a well-maintained, 39-suite rental apartment building with significant upside potential. Constructed in 1986, this three-storey wood-frame property features a distinctive Colonial-style design with a large arched entrance leading to a private tiled courtyard, offering both charm and curb appeal. The building sits on a generous 20,976 SF parcel with 150 feet of frontage along French Street, just steps from the vibrant Granville Street commercial corridor. Tenants benefit from immediate access to grocery stores, restaurants, schools, parks, and frequent transit service connecting to Downtown Vancouver, YVR Airport, and Richmond. Marine Gateway and the Canada Line SkyTrain are only minutes away, enhancing connectivity across Metro Vancouver. French Court has undergone extensive capital improvements, including full window replacements, exterior façade upgrades, and renovations to over half the suites. Each unit is equipped with electric baseboard heating and individual hot water tanks, all recently replaced. Heat, hot water, and electricity are separately metered and tenant-paid, ensuring operational efficiency and reduced ownership costs. Current rents are approximately 40% below market, offering investors the opportunity to increase cash flow and yield through turnover and continued suite upgrades. With a historically stable occupancy rate and strong rental demand in Marpole, this asset is well-positioned for long-term growth. The area’s ongoing redevelopment, including the upcoming Marpole Community Centre and expanded public library, further enhances the investment appeal.

Property Subtype:

Apartment

Date on Market:

2025-09-15

Vancouver Multifamily for Sale - City of Vancouver Non Core

Located at the corner of SW Marine Drive and Osler Street, the development is a mixed-use building with retail or office on the ground floor, with residential above and underground parking. With direct exposure to around 75,000 VPD and easy access throughout Vancouver, this is a great opportunity for both owner-users and tenants.

Property Subtype:

Apartment

Date on Market:

2024-10-17

Vancouver Multifamily for Sale - City of Vancouver Non Core

This building is turnkey and exceptionally well run. Incredible Opportunity and potential for 6 storeys under the Marpole community plan. This 4-storey building offers secure 20 underground parking and comprises 26 unit apartment building are individually strata-titled units with elevator in the heart of Marpole area of Vancouver. The entire building is currently fully occupied, generating a substantial rental income. The building has been self-managed and well cared for over the course of ownership. This property is already stratified and any unit can be upgraded and sold for great profits individually. Subject site is located 2 blocks West of Oak street and easy access to Vancouver, Richmond and the Airport via Oak Street and Granville Street. 13 renovated units with the ability to increase current NOi with an update to the 13 remaining units. Separate Hot Water tanks. Separate laundry hookups in each unit.

Property Subtype:

Apartment

Date on Market:

2023-11-10

Vancouver Multifamily for Sale - City of Vancouver Non Core

Incredible Opportunity! This 3.5-storey building, offers secure underground parking and comprises 12 individually strata-titled units. The entire building is currently fully occupied, generating a substantial rental income of almost 250k/yr. This presents an excellent opportunity for ongoing income generation or the potential to sell individual units in the future. This 12-unit building is strategically located on a spacious 66' x 99.5' lot, perfectly situated within the Marpole Community Plan. Comprising 2 studio apartment, 3 one bedroom units, 5 two bedroom units and 2 three bedroom units. Don't miss out - call today to schedule a tour and receive our comprehensive information package.

Property Subtype:

Apartment

Date on Market:

2023-11-06