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North Vancouver 11-unit multi-family rental fetches $4 million

Built in 1967 in the Lonsdale area of North Vancouver, the most expensive rental market in Canada, it sold with an assumable, low-rate CMHC-insured mortgage
Cushman & Wakefield, Vancouver, for Western Investor

Property type: Multi-family rental

Location: 1630 Chesterfield Avenue, North Vancouver, B.C.

Number of units: 11

Lot size: 8,520 square feet

Zoning: RM-1

Sale price: $4 million

Brokerage: Cushman & Wakefield, Vancouver.

Brokers: Patrick Hannah, Chris Harper and David Venance.