Multi-family for sale
2551 Kingsway, Collingwood VE, Vancouver
$7,698,000
Features
Year Built
2021
Floor Area
10,000 sqft
Lot Size
39,204 sqft
Gross Property Tax
$31,142.70 /year
Building Type
Freestanding, Mixed Use
# of Elevators
1
Zoning
C-2 COMMERCIAL
# of Parking Spaces
5
Subject Property Width
32.38 ft
Subject Property Depth
123.78 ft
Suite Mix Information
2 x Other
Total no. of Units
14
Description
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.
MLS® Number C8077620