More Info: Building was built in 1964, over all looks good. 5 of the 6 units are renovated, new boiler in 2009. Newer 2 ply torch on roof, 5 suites have fire places, back decks and stairs redone. Supposedly well managed, the rents are decent at $850 roughly for four of the units and the...

I am looking at this investment in Surrey which consists of five - 2 bedroom units and one - 1 bedroom. It's priced at $900 000 which works out to $150 000/unit. I have read multifamily reports of units selling for 105k-120k in New West, 120k being in smaller buildings. New West I would...

I have been looking to to purchasing either a four-plex or a six-plex in Surrey, BC. I have heard once you go to 6 + units it is considered commercial and you can use the income from the building to qualify for the financing. I have heard commercial rates are higher and also lower then...