North Vancouver Multifamily Rental Apartment Investment Property London Pacific is pleased to announce the successful “off-market” sale of this 22 unit, 59-year-old multifamily rental apartment in the City of North Vancouver.  Congratulations to Buyer agent Ari Gelmon on this successful transaction.

OCP allows FSR up to 2.6 46,956 Buildable SQFT Current Zoning RM-1

Unique Opportunity to Purchase 3 Multifamily Buildings | Ladner London Pacific Property Agents Inc., is pleased to present the exclusive opportunity to acquire a multifamily building portfolio in beautiful Ladner, British Columbia.  The portfolio includes three (3) multifamily buildings located at 4650, 4586 and 4552 Evergreen Lane with 14, 17 and 14 units, respectively. This 45-unit portfolio offers a savvy investor tremendous upside through management efficiencies, tenant turnover, and increased rental rates. The buildings are well-maintained with tremendous curb appeal and are situated on large square and rectangle lots that are advantageous for future redevelopment.  

45 Unit Portfolio Total Net Income $290,000 Future Redevelopment Potential

Original Opportunity: 21 unit Multifamily Investment Opportunity   Maple Ridge Multifamily Investment Opportunity – Mariner’s Watch Mariner’s Watch is a fully tenanted 21-unit multi-family building located rapidly growing community of Maple Ridge on 224th Street, south of Lougheed Highway and east of BC Highway 7. It is a six-minute walk to Port Haney Station of the West Coast Express, which connects Mission, Maple Ridge, Pitt Meadows, Port Coquitlam, Coquitlam and Port Moody with Waterfront Station in Downtown Vancouver.

Haney Neighbourhood Multifamily Investment 21 Rental Units

Original Opportunity: 30 unit Multi-family Investment Neighbourhood: Central Business District, Maple Ridge   Multifamily Apartment Investment Opportunity in Business District Villa Marie is a 30-unit multi-family building located on a prime corner lot in the Central Business District of Maple Ridge. Falling under the Town Centre Area Plan this parcel is zoned RM-3 allowing future redevelopment for high-density apartments with a current 2.2 FSR (excluding balconies, common areas and utility rooms). A minimum height of 5 storeys required and an estimated maximum of approx. 10 – 12 storeys could be achieved. Meanwhile, this is an opportunity to acquire a turnkey well maintained and more importantly well-located cash-generating building.

Central Business District Neighbourhood Turnkey Multifamily Investment Potential for Density | Redevelopment

Original Opportunity: Two Multifamily Buildings SOLD To: Domus Homes Development: “Victoria” 100% Rental Apartments   Two Adjacent Apartment Buildings | City of North Vancouver Acquire 100% freehold interest premier apartment location situated on approximately 17,640 SQUARE FEET of medium density designated land in the heart of North Vancouver’s highly sought after Central Lonsdale neighborhood. The improvements are comprised of 25 authorized residential rental units, and is situated only one block east of Lonsdale Avenue. This investment opportunity will appeal to apartment investors seeking secure and stable cash flow in one of the Lower Mainland’s hottest rental markets and presents a redevelopment opportunity in one of the fastest growing and land locked markets in the region.

SOLD To: Domus Homes "Victoria" 100% Rental Apartments Multifamily Redevelopment