deep research, local insight, and national-level discipline

sold

17 May

16 strata-titled townhomes

analysis backed by economic data

            $1,450,000
            sold
        
            address
            325 Columbia St W, Vanderhoof
        
            lot size
            43,734 SF (1.004 acres)
        
            zoning
            R2
        
            year built
            1976
        
            total units
            16 Townhomes

listing
description

This 16-unit, strata-titled townhome complex in Vanderhoof was sold for $1.45 million — a strong result in a remote market where many investors hesitate to engage. But this deal didn’t close on a brochure. It closed on research.

Ahead of the sale, I completed a full economic and demographic study of the market — examining local industry trends, housing demand, and service area population. That depth of insight gave prospective buyers confidence and positioned the deal in a way that reflected its real potential. Each unit was separately metered with individual gas-fired hot water tanks and forced-air furnaces, reducing operating costs and improving long-term performance.

This was more than just a transaction — it was a lesson in how detailed, data-driven analysis can unlock value even in overlooked markets. And it’s a discipline I now apply to every development site I work on — including high-value assets in Metro Vancouver.

investment
thesis

A rare, strata-titled townhome complex with full occupancy, low landlord costs, and proven rental demand in a constrained market with growing regional economic anchors.

policy
context

Zoned R2, this property allows for medium-density residential development. The strata format adds flexibility for financing, future disposition, or phased ownership strategies — making it appealing for both investors and syndication models. The strong rental performance reinforces the value of this land use configuration in secondary markets.

buyer
appeal

Buyers were drawn to the stability of tenant-paid utilities, uniform three-bedroom layouts, and low operational intensity. But what made the difference was clarity — the kind built on local knowledge and economic evidence. My detailed reports and due diligence materials painted a complete picture of market fundamentals, giving buyers the confidence to act.

For Vancouver landowners, the message is clear: if I applied this level of rigour to a northern town of 5,000, imagine what I’ll bring to your property in the city.

Demographic-backed sale
Strata flexibility
Tenant-paid utilities

specifications

Sold Price: $1,450,000
Total Units: 16
Suite Mix: 16 x 3-Bedroom, 1-Bathroom
Price Per Unit: $90,625
Rentable Area: 14,592 SF
Lot Size: 43,734 SF (1.004 acres)
Zoning: R2
Year Built: 1976
Parking: 30+ Paved Surface Stalls
Tenant Utilities: Individually Metered Electricity and Gas
Strata Titles: Yes (16 individual titles)
BC Assessed Value (2021): $1,297,600
Civic Address: 325 Columbia St W, Vanderhoof, BC
Legal Description: STRATA LOTS 1–16, PLAN PRS4, SECTION 9, TOWNSHIP 11, RANGE 5