Carlton Court is a well-maintained 26-suite apartment building in the highly sought-after Queen’s Park neighbourhood of New Westminster. Built in 1925, this heritage property offers strong in-place income with significant upside potential. The property generates approximately $37,300 per month with a 5.53% cap rate and clear opportunity for growth as rents are brought toward market levels, with increases already implemented effective June 1, 2026. The suite mix includes 21 one-bedroom units, 1 two-bedroom unit, and 4 bachelor units, with all tenancies on a month-to-month basis and consistently low vacancy. A new boiler system (2025) qualifies for RTB-approved rent recovery and is expected to significantly reduce heating expenses, enhancing overall operating efficiency. Features include hardwood flooring, a central courtyard, on-site laundry, storage, and 13 enclosed garages.More details
Development opportunity! Chance to secure two 50’ x 132’ lots and a livable detached house with strong development potential. Separate PID’s, 13,200 sq.ft total (6,600 sq.ft per lot). Current zoning (RS4) permits 2 storey + basement houses to be built with a secondary suite (attached or detached). Bill 44 offers potential for an 8 unit development on the two lots. 10 unit detached house development beginning right across the street provides good basis for densification. Short walks to beaches, parks, the scenic Horseshoe Bay Village and frequent transit. Easy access to Hwy 1, Whistler, the Sunshine Coast and the Islands!More details
Rare and unique opportunity to own a piece of Vancouver's history in the Penrhyn Lodge (the "Property"). Having been built early in the 20th century, the Property exudes timeless character and charm, showcased by vintage stained glass windows, coffered ceilings, and original hardwood fir floors. The building has, however, undergone many updates over the years, and in its current form features 20 rental units ranging from micro units that share a communal washroom, to selfcontained bachelor suites, one bedroom lofts, and a grand two bedroom unit. There are also two coach houses off the laneway. Nestled in the heart of Vancouver's coveted South Granville neighbourhood the Property is surrounded by world class dining and shopping. The future South Granville Broadway Subway Station will be a short 9 minute walk for tenants commuting to UBC and downtown. Penrhyn Lodge offers investors secure and stable cash-flow with continued rent growth underpinned by future redevelopment potential under the Broadway Plan.More details
Opportunity to acquire 2163 & 2167 Dundas Street, otherwise known as, The Henry Dundas (the "Property"). The 6,039 square foot lot is improved with two buildings totaling 37 residential rental units. The apartment building, 2167 Dundas Street, contains 35 units comprised of a diversified mix of micro suites with shared access to washrooms, and self-contained bachelor, one bedroom, and two bedroom units. The detached character laneway house includes a large three bedroom suite, and a one bedroom basement suite. The Henry Dundas presents a rare opportunity to own a well-maintained multifamily property in the thriving Port Town neighborhood, offering stable income and strong rental demand.More details
3947-3949-3951 Knight St. Excellent CORNER lot in a Prime area of Kingsway & Knight! Currently a 2 storied building in excellent condition. Owner occupying upstairs (1526 SQFT of living space, 3 bedrooms and 2 bathrooms along with a 396 SQFT deck), One of the two retail units is being rented at $1,800.More details
Attention Bullders & Developers! Rare 0.98 acre opportunity in desirable Albion, Maple Ridge with Development Permit Ready for 21 Townhouse Units. Prime, family-friendly location near schools, parks, and transit. Existing 3-bed chalet (not livable), coach house, 40’x40’ workshop, and pool offer holding potential. Ready to build - don’t miss!More details
Mixed-use investment property on a prominent corner site in North Burnaby offering stable in-place income with revenue upside and future redevelopment potential. Located at the southwest corner of Hastings Street and Beta Avenue, the 11,880 sf site is improved with a well maintained two-storey building comprising 4 retail units and 9 residential suites. The property benefits from diversified income, strong retail frontage, and an established neighbourhood commercial setting along a major transit corridor with direct access to SFU and Downtown Vancouver. Designated Neighbourhood Commercial with a Low-Rise Residential 2 overlay under the Burnaby 2050 OCP, supporting future mixed-use redevelopment. Ideal for investors seeking secure cash flow and long-term growth.More details
Listed by Macdonald Commercial Real Estate Services Ltd.
Exceptional investment opportunity in the heart of East Vancouver’s sought after Commercial Drive neighborhood. This 3 level walk-up apartment building features 9 modern 1 bedroom units, each with private outdoor space, dishwashers and in-suite laundry. The building has has major mechanical upgrades and units have all been recently and tastefully updated, including flooring, kitchens and bathrooms. Set on a large 50' x 122' lot, the building is in excellent condition with low tenant turnover. Unbeatable location on a quiet tree-lined street just steps to restaurants, shops, transit and bike routes, with easy access to downtown and the new St. Paul’s Hospital. This is a fantastic, turnkey revenue property with a solid cap rate in one of the city’s most popular, high demand areas.More details
The properties are improved as mixed-use properties containing six commercial tenants, and twenty-one residential units. The combined site size of the properties is an 18,584 SF corner site. The properties are C-2 zoned, offering flexible development opportunities without requiring a rezoning application.More details
Exceptional freestanding mixed-use income property built in 2021 in a prime Kingsway location. This newer asset offers 12 one-bedroom residential suites, 2 retail units, and 5 parking stalls, delivering strong in-place holding income, efficient day-to-day management, and excellent long-term upside. Featuring 12 independent gas meters for streamlined utility recovery, the property is designed for operational efficiency. Outstanding visibility, strong tenant appeal, and convenient access to transit, shopping, and major commuter routes further enhance its investment strength. Why settle for a 4.3% U.S. 10-year Treasury yield when this scarce freestanding mixed-use asset offers growing NOI, rental upside, inflation protection, and leveraged long-term wealth creation? Enjoy peace of mind with the balance of 2-5-10 home warranty coverage. Share sale preferred; asset sale may be considered.More details
Iconic Properties Group is proud to present 6653 Main Street, Vancouver—an exceptional mixed-use investment opportunity located in one of the city’s most energetic and evolving corridors. Strategically positioned along Main Street, this property offers strong income stability and high retail visibility in a location surrounded by established retailers, cafés, and boutique services. The consistent pedestrian and vehicle traffic make it a desirable asset for both investors and owner-users seeking long-term security in a proven market. The building features two street-level commercial units and two 1-bedroom residential suites above, creating a balanced and diversified revenue profile. The property offers an attractive return with a cap rate exceeding 4.5%, supported by stable in-place income and strong fundamentals in the area.More details
The Kits Apartments is a completely redeveloped luxury four storey, 13 suite with top floor Penthouse(s), rental apartment building prominantly located in the heart of "Kitsilano" one of Vancouvers most highly sought after residential neighbourhoods. Strategically located on the south side of West 1st Avenue between Yew & Arbutus Street, within 3 short blocks from Kits Beach & Pool and an abundance of trendy restaurants, grocery stores, shops and services. The Kits Apartments was fully reconstructed to the highest standards in 2017 by the Bolar Developement Group a local established residential developer. The former 3 storey, 10 suite rental building was taken down to the studs and was rebuilt with the addition of a 4th floor that includes two amazing roof top penthouse suites. Penthouse suites are private, comprise luxury finshishes, AC, balconies and good views. Each suite includes stainless steel apliances, dishwasher and in-suite laundry. Turnkey investment that is ideal for investor/Owner Occupier!More details
Data was last updated April 15, 2026 at 09:35 PM (UTC)
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