Collingwood VE · Vancouver · BC
2551 Kingsway
Multi Family · For sale
Asking
$6,980,000
MLS® C8077620
- Lot
- 39,204 sqft
- Built
- 2021
- Parking
- 5
The property
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.
Facts & features
Costs
- Gross taxes (2025)
- $31,143
The property
- Title
- Freehold
- Zoning
- C-2 COMMERCIAL
- Storeys
- 5
- Units in building
- 14
Listing details
Listed by RE/MAX Westcoast
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This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assume no responsibility for its accuracy.
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