Seaview Apartments is a four-storey, 30-unit market rental property located at 326 West 1st Street in North Vancouver’s Lower Lonsdale neighbourhood. Situated on a 17,475 sq. ft. site, the property benefits from its proximity to Lonsdale Quay, the SeaBus terminal, waterfront amenities and the broader Lower Lonsdale urban core.
The offering presented an opportunity to acquire an established multifamily asset in one of North Vancouver’s most prominent rental markets. The property’s strategic location, connectivity and long-term redevelopment potential further strengthened its investment profile.
Through a comprehensive marketing campaign, CBRE NIT successfully transacted the property, leveraging the team’s extensive multifamily experience to strategically position the asset and execute a successful transaction.