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For Sale
Featured

Mission Walk Apartments

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Salient Details

  • Units 77
  • Suite Mix 7-Bachelor, 40-1Bed, 30-2Bed
  • Lot Size 18,223 square feet
  • Net Rentable sf 45,807 square feet
  • Year Built 2023
  • Net Income $1,159,547

Mission Walk Apartments

Opportunity to acquire a newly built Fraser Valley multifamily apartment building of scale with below-market assumable CMHC financing
Mission Walk - Brochure
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Mission Walk Apartments, 33136 3rd Avenue, Mission, BC - Exterior

Investment Highlights

Newly Constructed, Institutional-Quality Turnkey Property (2023)
Recently completed by a reputable Metro Vancouver developer, Mission Walk offers a turnkey investment with professional in-place management and a demonstrated track record of strong operational performance.
Attractive Assumable CMHC Financing
Benefit from below-market financing at an interest rate of 2.37%, in place through October 2032, providing significant debt cost savings and enhanced cash flow.
Diverse Suite Mix
Well-balanced unit composition featuring 7 bachelor, 40 one-bedroom, and 30 two-bedroom suites, catering to a broad tenant demographic and supporting long-term occupancy stability.
Transit-Oriented Downtown Location
Strategically situated in downtown Mission within walking distance to the West Coast Express Mission City Station, providing direct connectivity to downtown Vancouver, and in close proximity to schools, shopping, and everyday amenities.
Condo-Quality Suite Finishes
High-quality interiors feature stainless steel appliances, in-suite laundry, luxury vinyl plank flooring, generous storage, and bright, open-concept layouts designed to meet modern renter expectations.
Bare Trust Ownership Structure
The property is held in a bare trust, presenting the rare opportunity for purchasers to achieve meaningful tax efficiencies upon closing.

Gallery

Contact us

James Blair

Managing Director

Personal Real Estate Corporation

(604) 790 7089

James.Blair@marcusmillichap.com

Email James

Patrick McEvay

Managing Director

Personal Real Estate Corporation

(604) 789 0720

Patrick.McEvay@marcusmillichap.com

Email Patrick

Adam Herman

Director

Personal Real Estate Corporation

(604) 652 3016

Adam.Herman@marcusmillichap.com

Email Adam

Suvarna Sunil

Associate Director

(778) 772 5133
Sunil.Suvarna@marcusmillichap.com

Email Sunil

Patrick Ferrie

Associate

(250) 793 3498
Patrick.ferrie@marcusmillichap.com
Email Patrick