Vancouver For Lease
2139-2147 KINGSWAY, Vancouver, British Columbia
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.
Property Details
Property Type : Multi-family Commercial
Listing Type : For Lease
MLS ID : C8051617
Price : C$7,998,000
Status : Active
Year Built : 1983
Square Footage : 11,969 Sqft
Lot Area : 11,969 Sqft
Area : Vancouver East
Sub-Area : Victoria VE
City : Vancouver
Province : British Columbia
Postal Code : V5N 2T4
Region : Greater Vancouver
Land Size Hectres : 0 Sqft
Land Size Acres : 0.27 Sqft
Additional Information
Zoning : C-2
Listing Office : Macdonald Commercial Real Estate Services Ltd.
Source : Vancouver
Total Lease Area : 11969
Multi-family Commercial For Lease
- MLS ID : C8051617
- Square Footage : 11,969 Sqft
C$7,998,000
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