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North Vancouver industrial acre sells over assessment

North Vancouver industrial acre sells over assessment

Sale price for less than a fifth of an acre for $4 million equates to a price of more than $20 million per acre, agent noted.
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Northview REIT sold for $4.5 billion

Northview REIT sold for $4.5 billion

Calgary-based Northview Real Estate Investment Trust (REIT) has been acquired in a $4.5 billion takeover by a major shareholder and Kingsett Capital Inc.
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Chilliwack 13-suite multi-family walk-up valued at $2 million

Chilliwack 13-suite multi-family walk-up valued at $2 million

Mt. Shannon Apartments is an updated three-storey rental apartment building on 0.26 acres in downtown Chilliwack.
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Port Coquitlam 2.4-acre industrial site sells $3 million above assessment

Port Coquitlam 2.4-acre industrial site sells $3 million above assessment

The vacant industrial package on Kingsway Avenue sold within days to a local buyer/user, with plans for future development, for $9.5 million.
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Chilliwack 16-unit apartment complex sells at $157,000 per door

Chilliwack 16-unit apartment complex sells at $157,000 per door

The deal includes two adjacent rental apartment buildings on a 0.57-acre site for $2.51 million, and a capitalization rate of 4.56 per cent
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Surrey 1.6 acres zoned for houses sells $1 million over ask

Surrey 1.6 acres zoned for houses sells $1 million over ask

The South Surrey infill site, zoned for single-family residential development, sold for $6.5 million.
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Abbotsford lot sells $400K over assessed value at $1.4 million

Abbotsford lot sells $400K over assessed value at $1.4 million

The Abbotsford Teachers Union received the full asking price for a 0.3-acre lot in Abbotsford’s historic downtown.
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Chilliwack 22-unit multi-family valued at nearly $3 million

Chilliwack 22-unit multi-family valued at nearly $3 million

Rental apartment building, with a mix of one- and two-bedrooms, is on a 0.33-acre site and sold for $2.97 million, or about $135,200 per suite.
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Half-acre on new Langley transit corridor sells for $4.55 M

Half-acre on new Langley transit corridor sells for $4.55 M

The 0.57-acre parcel is close to planned Surrey-Langley SkyTrain terminus station and is zoned for high density of 3.0 FSR , equal to an approximately 15-storey tower.
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Abbotsford office building sells for full list price

Abbotsford office building sells for full list price

A prominent, free-standing, multi-tenant office building of 12,447 square feet in Abbotsford, B.C., sold for $3.35 million, with a capitalization rate of approximately 4.5 per cent.
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