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Northyards I & II 2 Multifamily Properties in Squamish, BC
INVESTMENT HIGHLIGHTS
- Two newly built Class-A mixed-use buildings in Squamish, BC
- 14,862 SF of commercial and office space
- Condo-grade finishes & energy-efficient design
- Total of 78 residential rental units
- High-demand market with 0.7% rental vacancy (CMHC)
- Secure underground parking and bike storage
EXECUTIVE SUMMARY
Macdonald Commercial is pleased to present Northyards 1 & 2—two newly built Class-A mixed-use rental buildings by WestUrban Developments in Squamish, BC. With a near-zero vacancy rate (0.7% per CMHC), this offering includes 78 residential rental units, over 14,800 SF of commercial/office space, secure underground parking, and modern finishes. Northyards 1 (2020) features 40 residential units and 3 office suites; Northyards 2 (2023) adds 38 residential units, 5 retail units, and additional office space. The properties offer energy-efficient design, condo-quality finishes, and excellent amenities. Held in bare trust with assumable CMHC financing, this is a rare investment opportunity in a high-demand, supply-constrained market.
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 101,305 SF |
| Number of Properties | 2 | Total Land Area | 1.14 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 101,305 SF |
| Total Land Area | 1.14 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Northyards II
39668 Government Rd, Squamish, BC V8B 1C1 |
Multifamily | 78,000 SF | 2020 | - |
|
Northyards I
39666 Government Rd, Squamish, BC V8B 0M8 |
Multifamily | 23,305 SF | 2020 | - |
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Northyards I & II
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