Pineway Court

Property feature image
Address: Sparwood, BC, Canada
Canada + Apartment Buildings
Created date: June 29, 2026
Date last updated: September 3, 2026

Property Description

Pineway Court is a 46-unit, two-building apartment complex located in Sparwood, BC, comprising two 23-unit, three-storey wood-frame buildings situated on a 1.32-acre site in a highdensity residential zone. Built in 1976, the property offers a well-balanced suite mix of 14 one-bedroom and 32 two-bedroom units, catering to the strong demand for workforce and family oriented rental housing in the Elk Valley region. The property has benefited from substantial capital investment over recent years. Major building upgrades include new roofs installed in 2018 and 2019, replacement of all patio doors in both buildings, and renovations to approximately 60% of the suites. Suite improvements have included flooring replacements, kitchen and bathroom updates, and general unit refreshes, enhancing both tenant appeal and long-term asset quality. Additional recent improvements completed in 2025 include new concrete stairs and landings at all four entrances, concrete pathway repairs, new hallway and stairwell flooring throughout both buildings, interior hallway painting, and exterior balcony painting. The combination of extensive capital improvements, significant suite renovations, and ongoing ownership stewardship has positioned Pineway Court as a well-maintained and highly desirable rental asset with strong appeal to both existing and prospective tenants.
Availabletick-green

Request Information

Broker Details

Bruce Long (Personal Real Estate Corporation)
Bruce Long (Personal Real Estate Corporation)

Macdonald Commercial Real Estate Services Ltd. 16047365611

New call-to-action

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
No. of Units: 46
Opportunity Zone: No
Property Website Click Here
Address: Pineway Court, Sparwood, BC V0B 2G1, Canada
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

86 Rue Boisjoli

86 Rue Boisjoli

Saint-Constant, Quebec
Canada + Apartment Buildings
Price: $998,000
3266 Rue Duc-de-Milan

3266 Rue Duc-de-Milan

Quebec (Beauport), Quebec
Canada + Apartment Buildings
Price: $940,000
2573 2579 Crois. de Holon

2573 2579 Crois. de Holon

Montreal (Lachine), Quebec
Canada + Apartment Buildings
Price: $1,175,000

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up