What's your home worth?

Get a FREE Comparative Market Analysis in today's market.

Multifamily MLS® Listings | Vancouver Real Estate

Sort by:
New
1733 Hie Avenue, Coquitlam

$1,938,000

1733 Hie Avenue, Coquitlam

12 Beds 4 Baths 4,000 SqFt Multi-Family MLS® # R2965909

RE/MAX Crest RealtyReal Estate Board of Greater Vancouver Logo

2346 Balaclava Street, Vancouver

$2,099,900

2346 Balaclava Street, Vancouver

5 Beds 5 Baths 2,820 SqFt Multi-Family MLS® # R2964466

RE/MAX Select PropertiesReal Estate Board of Greater Vancouver Logo

1524 Pitt River Road, Port Coquitlam

$1,799,000

1524 Pitt River Road, Port Coquitlam

11 Beds 4 Baths 3,986 SqFt Multi-Family MLS® # R2963905

Royal LePage Elite WestReal Estate Board of Greater Vancouver Logo

# 201 1296 W 70th Avenue, Vancouver

$954,690

# 201 1296 W 70th Avenue, Vancouver

2 Beds 1 Bath 839 SqFt Multi-Family MLS® # R2963677

Initia Real EstateReal Estate Board of Greater Vancouver Logo

34548 Vosburgh Avenue, Mission

$849,900

34548 Vosburgh Avenue, Mission

4 Beds 2 Baths 1,854 SqFt Multi-Family MLS® # R2962220

eXp Realty of Canada, Inc.Real Estate Board of Greater Vancouver Logo

# 1 & 2 45821 Thomas Road, Chilliwack

$1,925,000

# 1 & 2 45821 Thomas Road, Chilliwack

10 Beds 8 Baths 5,131 SqFt Multi-Family MLS® # R2962752

Pathway Executives Realty Inc.Real Estate Board of Greater Vancouver Logo

234a Hart Street, Coquitlam

$1,399,999

234a Hart Street, Coquitlam

4 Beds 3 Baths 1,516 SqFt Multi-Family MLS® # R2962774

RE/MAX BlueprintReal Estate Board of Greater Vancouver Logo

234b Hart Street, Coquitlam

$1,299,000

234b Hart Street, Coquitlam

4 Beds 3 Baths 1,516 SqFt Multi-Family MLS® # R2962770

RE/MAX BlueprintReal Estate Board of Greater Vancouver Logo

7017 Elwell Street, Burnaby

$2,680,000

7017 Elwell Street, Burnaby

10 Beds 4 Baths 4,636 SqFt Multi-Family MLS® # R2962674

Sutton Centre RealtyReal Estate Board of Greater Vancouver Logo

5115 Buxton Street, Burnaby

$2,499,000

5115 Buxton Street, Burnaby

5 Beds 6 Baths 3,703 SqFt Multi-Family MLS® # R2962120

Sutton Group-West Coast Realty (Surrey/24)Real Estate Board of Greater Vancouver Logo

6419 Selma Avenue, Burnaby

$2,950,000

6419 Selma Avenue, Burnaby

10 Beds 6 Baths 5,273 SqFt Multi-Family MLS® # R2961927

Stonehaus Realty Corp.Real Estate Board of Greater Vancouver Logo

11606 11608 97 Avenue, Surrey

$1,999,900

11606 11608 97 Avenue, Surrey

9 Beds 4 Baths 3,400 SqFt Multi-Family MLS® # R2961721

Macdonald Realty (Delta)Real Estate Board of Greater Vancouver Logo

9937 138 Street, Surrey

$4,600,000

9937 138 Street, Surrey

10 Beds 6 Baths 4,300 SqFt Multi-Family MLS® # R2959714

Sutton Group-Alliance R.E.S.Real Estate Board of Greater Vancouver Logo

# 14050 14052 103 Avenue, Surrey

$2,800,000

# 14050 14052 103 Avenue, Surrey

4 Beds 2 Baths 1,494 SqFt Multi-Family MLS® # R2959429

Macdonald Realty (Delta)Real Estate Board of Greater Vancouver Logo

1337 Kamloops Street, New Westminster

$4,999,998

1337 Kamloops Street, New Westminster

11 Beds 6 Baths 4,630 SqFt Multi-Family MLS® # R2959371

Luxmore RealtyReal Estate Board of Greater Vancouver Logo


What's your home worth?

Get a FREE Comparative Market Analysis in today's market.


Investing in multifamily properties in Vancouver and the Lower Mainland is an enticing venture for many real estate investors. The region's thriving economy, growing population, and appealing urban amenities create a strong demand for housing, making multifamily investments a lucrative endeavor.

Types of Multifamily Properties

Various types of multifamily properties are available in this region, each catering to different investor preferences and market segments.

Apartment Buildings

These are large-scale properties with numerous rental units. They cater to a broad tenant base, offering varied amenities like parking, security, and sometimes recreational facilities.

Condominiums

Condominiums are individual ownership units within a larger building or complex. They appeal to both renters and owner-occupants, providing a blend of community living and private ownership.

Townhouses

Townhouses are multi-level residences sharing walls with neighboring units. They often come with small yard spaces and communal amenities.

Duplexes, Triplexes, and Fourplexes

These smaller multifamily properties offer a more intimate living environment and are ideal for investors looking to start with a smaller scale investment.

Pros of Investing in Multifamily Properties

Steady Income

With multiple units for rent, multifamily properties provide a steady, reliable income stream which is often higher than that of single-family residences.

Economies of Scale

The cost per unit for maintenance, repairs, and property management is often lower compared to single-family homes, thanks to economies of scale.

Appreciation Potential

The value of multifamily properties tends to appreciate over time, especially in thriving urban areas like Vancouver and the Lower Mainland.

Portfolio Diversification

Investing in multifamily properties allows for portfolio diversification, spreading risk across multiple units instead of relying on a single tenant.

Cons of Investing in Multifamily Properties

High Initial Investment

The upfront cost of acquiring multifamily properties can be high, often requiring substantial capital or financing arrangements.

Management Intensity

Managing multifamily properties can be time-consuming and challenging, especially when dealing with multiple tenants, maintenance issues, and property improvements.

Market Sensitivity

The multifamily property market can be sensitive to economic conditions. Factors like employment rates and population growth can significantly impact occupancy rates and rental income.

Liquidity Concerns

Converting multifamily properties into liquid assets can be more challenging compared to single-family homes, especially in slower real estate markets.

Conclusion

Investing in multifamily properties in Vancouver and the Lower Mainland presents a plethora of opportunities and challenges. Understanding the local market dynamics, types of multifamily properties, and the associated pros and cons is crucial for making informed investment decisions. With proper due diligence and management, multifamily properties can be a solid addition to one’s real estate investment portfolio, providing both current income and potential for capital appreciation.