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Renanza Realty
Richmond · Multi-family

Richmond Multi-Family & Apartment Buildings for Sale

Apartment buildings and multi-unit residential income properties. Browse Richmond multi-family listings for sale, drawn live from the commercial MLS® feed. Speak with a Renanza commercial advisor about requirements, off-market opportunities and market context.

Market snapshot

The Richmond market right now

Richmond currently has 7 active listings. Most homes for sale are priced between $1.16M and $4.50M, with a median around $2.20M.

7
Active listings
7
For sale
$2.20M
Median list price
$1.16M–$4.50M
Typical range
$485
Median price / sq ft
128
Median days listed
1970
Median year built

Figures reflect current active MLS® listings and update as the market moves.

Buying a multi-family building in Richmond

Existing residential tenancies transfer with the building and stay governed by provincial tenancy law. BC caps annual rent increases for existing tenancies at a rate the province sets each year.

Underwrite on the actual rent roll and operating expenses, not pro-forma rents, and review the building's condition, especially the roof, mechanical systems and envelope.

Common questions

Frequently asked

If yours isn't here, ask us directly — we'd rather answer it now.

How many multi-family buildings are available in Richmond?

There are 7 active commercial MLS® listings in this category in Richmond. The feed updates continuously; many commercial deals also trade off-market, so ask us about unlisted opportunities.

How much does a multi-family building cost in Richmond?

Among multi-family buildings listed for sale in Richmond, the median asking price is about $2,200,000, with most between $1,159,000 and $4,500,000. Commercial pricing depends heavily on income, tenancy and zoning, so treat this as a starting point.

How long have multi-family buildings in Richmond been listed?

The typical active listing in this category first came on the market about 128 days ago. Commercial properties usually take longer to trade than homes, and longer-listed properties often leave more room to negotiate.

Is GST charged when buying commercial property in Canada?

Generally, yes — the sale of commercial real estate is usually subject to GST/HST, and a GST/HST-registered buyer typically self-assesses it rather than paying it to the seller. Confirm the treatment for your purchase with your accountant or lawyer before you firm up.

Looking for multi-family space in Richmond?

Tell us your requirement and our commercial team will send matching options, including off-market.