2147 Kingsway #2139 Active Save Request In-Person Tour Request Virtual Tour
Vancouver,BC V5N 2T4
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Asset
MLS Listing ID C8069411
Year Built 1983
Lot Size 0.270 Acres
Property Sub-Type Multi Family
Property 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 at 4589 Gladstone, is 6-storey mixed-use building built in 2024 that includes 284 beds for student housing and 12,000 SF of retail.
Location
Province BC
Community Victoria Ve
Area Vancouver East
Zoning C-2
Interior
Heating Baseboard,Hot Water
Appliance Separate Water Heater
Exterior
Utilities Available Electricity Connected,Fully Serviced,Sidewalk
Street Surface Paved
Total Parking Spaces 35
Building
Story 3
Sewer Public Sewer
Water Public
Others
Ownership Freehold
Security Features Security System,Building Security