Residential Property Portfolio

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Address: 227, 231, 233 Seventh Street, 616 & 620 Third Avenue, New Westminster, BC 325 Agnes Street, New Westminster, BC 705 & 707 Queens Avenue, New Westminster, BC 2532 Fraser Street, Vancouver BC
Canada + Apartment Buildings
Created date: February 20, 2026
Date last updated: April 22, 2026
Price: $15,600,000Investment Analyzer NEW!
  • Urban Portfolio in core growth markets - Nine residential assets in Vancouver’s Mount Pleasant and New Westminster, located within strong, resilient urban growth markets
  • In place income with meaningful density upside - Combination of income producing multi-family and low density residential sites, offering immediate cash flow alongside significant long term redevelopment potential
  • Strong planning policy support for rental development - The Properties offer development potential through Transit-Oriented Development (TOD), with one asset also falling under the Broadway Plan, aligning the portfolio with municipal growth objectives (see Brochure for more details)
  • Exceptional walkability and transit access - Assets are situated in transit-served urban neighbourhoods with strong walkability and direct access to SkyTrain and frequent bus routes, supporting consistent tenant demand

Property Description

Avison Young is pleased to present a nine property residential portfolio located in Vancouver and New Westminster, offering a rare opportunity to acquire urban assets with both in place income and significant redevelopment potential. The portfolio includes a mix of income producing multi-family properties, single-family residential lots, and vacant parcels. This provides flexibility across a range of execution strategies, including income hold, value-add repositioning, land assembly, and future redevelopment. The offering is supported by long term housing demand and densification objectives across Vancouver and New Westminster markets. Asset level valuation analyses indicate that redevelopment potential represents a meaningful source of upside for much of the portfolio. The properties are located in established, transit-supported neighbourhoods with convenient access to retail, parks, community facilities, and major transportation routes. These locations offer strong walkability, accessibility, and connectivity to nearby employment centres, enhancing overall livability.
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Broker Details

Michael Buchan
Michael Buchan

Avison Young +1 604 647 5079

Broker Details

Carey Buntain
Carey Buntain

Avison Young 604-647-1352

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Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $15,600,000
Lot Size: 52.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Address: 227, 231, 233 Seventh Street, 616 & 620 Third Avenue, New Westminster, BC 325 Agnes Street, New Westminster, BC 705 & 707 Queens Avenue, New Westminster, BC 2532 Fraser Street, Vancouver BC, Vancouver, BC , USA
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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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