Building

Institutional Property Advisors, a division of Marcus & Millichap, is pleased to present the exclusive opportunity to acquire The Richmond — a luxurious and exceptionally constructed multifamily property located in Duncan, British Columbia.

The Richmond is amenitized with a bicycle room, a pet wash station, and storage lockers. The property is a newly built four-storey rental building designed to meet growing demand for quality housing in the Cowichan Valley. It features 66 purpose-built one- and two-bedroom suites with durable, modern finishes including quartz countertops, stainless steel appliances, air conditioning, and in-suite laundry.

Each unit includes large windows and private outdoor space, supporting strong long-term rental appeal. Residents benefit from additional amenities such as EV-ready parking, secure bike storage with a wash station, and a large shared outdoor patio.

Positioned near parks, retail, and everyday services, the location supports stable occupancy and convenient day-to-day living for tenants.


Investment Highlights

ATTRACTIVE SUITE MIX AND DESIGN

There are variety of suite types available at the Richmond ranging from 543 SF to 813 SF. With spacious layouts, plenty of natural light from the large windows, high quality finishes, stainless steel appliance, air conditioning, and in-suite laundry

DESIRABLE LOCATION

Situated in an established residential area just minutes from Downtown Duncan, offering convenient access to shopping, dining, healthcare, and daily amenities.

AMENITIZED PROPERTY
Residents can enjoy the everyday conveniences of secure storage lockers, an on-site pet wash station, and a dedicated bicycle room and wash station.

Brokerage team

Bradley Gingerich

Bradley Gingerich

Senior Managing Director, Investments
Institutional Property Advisors
Aik Aliferis

Aik Aliferis

Senior Managing Director
Institutional Property Advisors
Bradyn Arth

Bradyn Arth

Senior Managing Director, Investments
Institutional Property Advisors
Paul Chaput

Paul Chaput

Senior Managing Director, Investments
Institutional Property Advisors
Jane Pascal

Jane Pascal

Senior Director, Investments
Institutional Property Advisors
Nicholas Cryans

Nicholas Cryans

Associate
Institutional Property Advisors
Isabelle Milligan

Isabelle Milligan

Associate
Institutional Property Advisors