fort st. john townhomes—built to last, positioned for growth

sold

2 Sept

24-unit townhome complex
6 additional units possible
family housing in LNG boomtown

            $3,798,000
            sold
        
            address
            10620 111 Ave, Fort St. John
        
            lot size
            81,457 SF (1.87 acres)
        
            zoning
            RM-1
        
            year built
            1965
        
            total units
            24 townhomes (+6 buildable)

listing
description

Grandview Townhomes is a rare, 24-unit multifamily townhome complex situated on a large 1.87-acre site in booming Fort St. John. Sold for $3.798 million, the property includes 16 two-bedroom and 8 three-bedroom units, each with in-suite laundry and private entrances — making it ideally suited for families. The construction quality is exceptional: thick wooden beams, poured concrete foundation, and 9-foot basement ceilings reflect a durability seldom found in modern builds. RM-1 zoning permits 6 additional units without rezoning, providing a clear path for future infill.

This acquisition reflects a strategic investment in long-term rental stability at a time of mounting pressure on local housing. With the LNG Canada pipeline nearing completion, thousands of new jobs are expected to accelerate population growth, drive incomes higher, and further tighten rental supply. Positioned steps from top-rated schools and community amenities, Grandview will remain a core part of Fort St. John’s housing fabric.

investment
thesis

High-quality, large-format rental housing with expansion potential in one of B.C.’s fastest-growing economic hubs. Solid income, low maintenance profile, and embedded value.

policy
context

Zoned RM-1 and located in an established residential area, the site supports medium-density multifamily housing. With 24 units existing and 6 more permitted under current zoning, the policy framework offers both near-term build-out potential and long-term alignment with the City’s rental housing goals.

buyer
appeal

The buyer acquired Grandview Townhomes to preserve affordability and expand family-oriented rental supply in a market facing unprecedented pressure. As LNG construction nears completion and global energy export demand begins to reshape Northern B.C.’s economy, Fort St. John is entering a phase of rapid transformation.

This building — with its durable structure, large units, and exceptional site — offers both stability and opportunity. Planned improvements to enhance energy efficiency, common areas, and exterior safety will ensure strong tenant retention and long-term asset performance.Congue nulla purus blandit eget ultrices vitae malesuada tincidunt at. Nam amet faucibus suspendisse eget ac praesent vel. Suscipit sociis tristique fames fermentum ornare. Quam ut amet porttitor eget dignissim aliquam pellentesque sit nisl. Lobortis viverra vestibulum ac eget. Adipiscing id scelerisque donec sed velit ac proin cursus. Sed adipiscing elementum imperdiet enim eget gravida sed fermentum varius. At sed pharetra elit vitae commodo quam et ut diam. Est id in nulla sapien orci. Lacus aliquam.