- For Sale $10,250,000
- Property Type Other
- Units 38
- Date Updated May 18, 2026
Description
The Avison Young Multi-Family Team is excited to present a rare opportunity to acquire The Maples, a well‑maintained 38‑unit rental apartment building situated in the heart of Marpole. This compelling value‑add asset offers a strong going‑in yield, with the majority of suites already renovated and significant capital improvements completed throughout the building. With meaningful upside potential as units turn over, The Maples represents a turn‑key investment opportunity in an established Vancouver market.
Highlights
- 27 of the 38 units have been renovated with new bathrooms and kitchens
- Additional income sources from parking and storage
- Rents are 23.51% below market offering potential for increased cash flow upon turnover
- Significant capital improvements made by the current owner
- Suite mix of one- and two-bedrooms
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Contacts
Avison Young
Avison Young - Vancouver
Avison Young
Avison Young