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$6,980,000

2551 Kingsway

Built 2021.

Sq ft
10,000
Per sq ft
$698

Multi-family · Listed 6 months ago · MLS® C8077620

Listed by RE/MAX WestcoastPowered by: REALTOR.ca

About this home

Exceptional freestanding mixed-use income property built in 2021 in a prime Kingsway location. This newer asset offers 12 one-bedroom residential suites, 2 retail units, and 5 parking stalls, delivering strong in-place holding income, efficient day-to-day management, and excellent long-term upside. Featuring 12 independent gas meters for streamlined utility recovery, the property is designed for operational efficiency. Outstanding visibility, strong tenant appeal, and convenient access to transit, shopping, and major commuter routes further enhance its investment strength. Why settle for a 4.3% U.S. 10-year Treasury yield when this scarce freestanding mixed-use asset offers growing NOI, rental upside, inflation protection, and leveraged long-term wealth creation? Enjoy peace of mind with the balance of 2-5-10 home warranty coverage. Share sale preferred; asset sale may be considered. (id:67498)

Details

MLS® number
C8077620
Property type
Multi-family
Status
Active
City
Vancouver
Living area
10,000 sq ft
Lot size
4008 square feet
Year built
2021
Annual taxes
$31,143 (2025)
Zoning
C-2 COMMERCIAL

Location