Multi-family for sale

2139-2147 Kingsway, Victoria VE, Vancouver

$7,998,000 or
$7,998,000 or

Multi-family for sale

2139-2147 Kingsway, Victoria VE, Vancouver

Features

Lifestyle
224956686 7998000 /en/multi-family~for-sale~victoria-ve-vancouver/224956686?view=Summary /en/multi-family~for-sale~victoria-ve-vancouver/224956686/photos 49.2442200000 -123.0625200000 true
Year Built
1983
Floor Area
11,969 sqft
Total Space Avail. For Lease (Rent)
11969 sqft
Lot Size
11,969 sqft
Gross Property Tax
$76,652.44 /year
Building Type
Freestanding, Low Rise (2-4 storeys), Mixed Use
# of Elevators
1
Zoning
C-2
# of Parking Spaces
35
Subject Property Width
99.04 ft
Subject Property Depth
120 ft
Amenities
Alarm System, Laundry Facility, Secured Building
Suite Mix Information
8 x 1 ½, 6 x 2 ½
Total no. of Units
14

Description

Luk Real Estate Group is pleased to list this fully-stratified property containing 14 residential units (8 one-bedroom + 6 two-bedroom) and 4 retail units. The property is fully occupied and produces steady income for investors and developers. As the property consists of 18 strata lots and is 100% owned by one owner, this makes it the perfect for repositioning and provides multiple exit strategies. Under the existing C-2 zoning, the property can be redeveloped as a purpose-built rental building on it own with a density up to 3.50 FSR. If assembled, the property can be redeveloped for up to 3.70 FSR under the existing C-2 zoning. Adjacent to the property is a 6-storey mixed-use development that will deliver 101 Secured Market Rental units.
MLS® Number C8051617

Listing REALTORS®

William Maunsell, REALTOR<sup>®</sup>, Personal Real Estate Corporation

William Maunsell

REALTOR®, Personal Real Estate Corporation

Macdonald Commercial Real Estate Services Ltd.

Kelvin Luk, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Kelvin Luk

REALTOR®, Personal Real Estate Corporation

Macdonald Commercial Real Estate Services Ltd.

Location

In accordance with our Terms of Use, location data are provided to you “as-is”, without warranty. Any liability arising from location data is expressly excluded.

Calculate mortgage payments

$
$
%
7,998,000 $
%
years
$

Estimated property transfer tax

$
$
$
$
$

Calculate borrowing capacity

$
%
years
$
  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
1 1 24422
Back top