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:4069)
Address
2551 KINGSWAY
List Price
$7,698,000
Property Type
Multi-family
Transaction Type
Sale
Area
British Columbia
Sub-Area
Vancouver
Floor Area
10,000 Sq. Ft.
Lot Size
4008 Sq. Ft.
Year Built
2021
MLS® Number
C8077620
Listing Brokerage
RE/MAX Real Estate Services
Postal Code
V5R5H3
Zoning
C-2 COMMERCIAL
