From our years of experience and expertise in multi-family transactions, below are some reasons why investing in multi-family properties can benefit your real estate investment portfolio:

Secure Recurring Income: A primary driver behind the demand for multi-family investment assets is the overwhelming rental demand throughout Metro Vancouver. With local vacancy rates below 1.0%, combined with positive forecasts for population & employment growth for the region, landlords can be extremely bullish of their buildings’ ability to generate steady income moving forward.

Price Point Variety: Rental apartment buildings come in a wide range of units, location and resulting price points, providing for a variety of options for investors depending on their available capital, investment requirements and desired portfolio size.

Rental Income Growth: Based on CMHC data, average rental rates in Metro Vancouver have grown by 20% in the last 3 years alone. Unlike other commercial properties with lengthy leases, rental apartment buildings can capture immediate rental income growth as tenants turnover, which is particularly true for a highly sought-after market such as Metro Vancouver.

Property Appreciation: Pertaining to a rental apartment building, the growth in rental income and the appreciation of the property value goes hand-in-hand. As rental rates grow rapidly and vacancy remains compressed, this will prove to be extremely beneficial for multi-family investors.