Multi-Family Prices in Vancouver Redefine “Stratospheric”

Multi-Family Prices in Vancouver Redefine “Stratospheric”

Six-suite Kitsilano rental building, built in 1947, sold this in July for $750,000 per suite.
– NAI Commercial

Multi-Family Prices in Vancouver Redefine “Stratospheric

Frank O’Brien Western Investor

We continue to pioneer pricing to new heights in this ever skyrocketing market. Many of our Buyers have been aggressively bidding on properties that come on the market but have been losing out to a multiple offer scenario. Once they reach a certain level of frustration there comes a point that they will go above and beyond to secure the next available investment. The Western Investor has published this sale as one of their headlines for recent deals of the month.

Read More

Related posts

How the Government Makes Housing More Expensive

Featuring Brandon Harding on Podcast: The UnReal Estate Show by Keith Roy Keith Roy, Keith and...

Continue reading

BC Assessment Charges Market Rent – So Why Can’t Landlords?

The battle between affordability and economic feasibility is reaching a climax as landlords are...

Continue reading

New Westminster Proposes Business Licensing Restrictions Against Renovictions

New Westminster’s City Council has put forward a motion to try and curb major capital overhauls...

Continue reading