Commercial Real Estate in New Westminster available for sale
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Multifamily Properties for Sale near New Westminster

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New Westminster Multifamily Property 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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Multifamily Properties for Sale Within 10 kilometers of New Westminster

More details for 281 Holdom Ave, Burnaby, BC - Multifamily for Sale

Holdom Place - 281 Holdom Ave

Burnaby, BC V5B 3T9

  • Multifamily for Sale
  • $27,000,000 CAD
  • 120,000 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

Burnaby Multifamily for Sale

Cushman and Wakefield ULC is pleased to present to the investment market on an exclusive basis on behalf of the Vendor, a 100% freehold interest in 281 Holdom Avenue, Burnaby, BC (the “Property). Otherwise known as Holdom Place, the 90-suite rental building is underpinned by a sprawling 1.7-acre lot. The Property’s suite mix comprises a healthy mix of 41 one-bedroom, 44 two-bedroom, and 5 three-bedroom units. Holdom Place features larger than typical suite sizes boasting an average of 763 square feet for a total net rentable area of 68,645 square feet. The four-storey, wood-framed building was constructed in 1973 by the property’s current ownership group and has since been asset and property managed by the same.

Contact:

Cushman & Wakefield

Property Subtype:

Apartment

Date on Market:

2025-01-17
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More details for 148-154 James Rd, Port Moody, BC - Multifamily for Sale

Sitka - 148-154 James Rd

Port Moody, BC V3H 2S4

  • Office/Retail for Sale
  • 14,239 SF
  • 1 Unit Available
  • Air Conditioning
  • 24 Hour Access
  • Fitness Center
  • Controlled Access
  • Kitchen
  • Roof Terrace
  • Smoke Detector

Port Moody Multifamily for Sale - Tri-Cities & Ridge Meadows

Marcus & Millichap is pleased to present an exclusive forward-sale opportunity to acquire 26 strata-titled rental units within Sitka House (the “Subject Property”), a newly constructed 88-unit multi-residential building located at 150 James Road in Port Moody. Of the 88 total units, 62 are pre-sold condominiums and 26 are designated rental units, with occupancy anticipated for Summer 2025.

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2025-06-06
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More details for 2025 St Johns St, Port Moody, BC - Multifamily for Sale

Hue - 2025 St Johns St

Port Moody, BC V3H 2A2

  • Retail for Sale
  • 1,393 - 3,301 SF
  • 6 Units Available
  • Air Conditioning
  • Security System
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

Port Moody Multifamily for Sale - Tri-Cities & Ridge Meadows

This strata building features 7 first-floor CRUs. With nearby access to a variety of amenities, urban centres and the nature-dense shoreline, hue brings an opportunity to purchase retail strata space in a bright and vibrant neighbourhood where urban living, art, and nature intersect.

Contact:

Cushman & Wakefield

Property Subtype:

Apartment

Date on Market:

2024-04-25
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LoopNet Canada British Columbia Multifamily Properties For Sale in New Westminster, BC, Canada

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Multifamily Properties for Sale in New Westminster

View All Available Listings
How many multifamily properties are available for sale in New Westminster?
There are currently 7 multifamily properties available for sale in New Westminster, offering a unique opportunity for businesses to establish a presence.
How big are the multifamily properties available for sale in New Westminster?
The average size of multifamily properties available for sale in New Westminster is about 22,539 SF. The largest multifamily properties available to buy is 49,000 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 multifamily properties in New Westminster?
The average market cap rate for multifamily properties for sale is about 3.85% based on data provided in New Westminster. Learn more about how cap rates are calculated.
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