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2219 KINGSWAY
Victoria VE Vancouver V5N 2T6

$4,750,000
Land Commercial, Multi-Family Commercial

Main Photo: 2219 KINGSWAY in Vancouver: Victoria VE Land Commercial for sale (Vancouver East)  : MLS®# C8057160
Photo 1: 2219 KINGSWAY in Vancouver: Victoria VE Land Commercial for sale (Vancouver East)  : MLS®# C8057160
Photo 2: 2219 KINGSWAY in Vancouver: Victoria VE Land Commercial for sale (Vancouver East)  : MLS®# C8057160
Photo 3: 2219 KINGSWAY in Vancouver: Victoria VE Land Commercial for sale (Vancouver East)  : MLS®# C8057160
Photo 4: 2219 KINGSWAY in Vancouver: Victoria VE Land Commercial for sale (Vancouver East)  : MLS®# C8057160
Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8057160
Build. Type:
Freestanding
Attention Investors and Developers: Exceptional Opportunity to acquire a prime C-2 property on Kingsway, strategically situated just across from Kensington Gardens by Westbank. Boasting a generous dimension of 50' x 115', this C-2 zoned property holds the potential to build up to 2.45 FSR (subject to verification with the City of Vancouver). Whether you choose to develop or hold as a rental investment, this property offers abundant possibilities. Don't miss out on this lucrative investment opportunity!
Sale Type:
Asset
Total space avail for lease:
2,200 sq. ft.
Business Name:
na-tenanted
Construction:
Wood Frame
Building Type:
Freestanding
Name of Complex/Subdivision:
# Units:
0
# Other Units:
# of Apartments:
0
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
0
# of 2 Bedroom Apartments:
0
# of 3 Bedroom Apartments:
0
# Storeys:
1.0
Year built:
1980 (Age: 44)
Total Floor Area:
2,200 sq. ft.
Lot Area:
5,755.3 sq. ft.
Lot Depth:
115.1
Lot Frontage:
50'
Land Use/Zoning:
C-2 COMMERCIAL
Permitted Use:
Multifamily (5+), Retail
Taxes:
$41,333 / 2023
Storefront, Other
Services Connected:
Electricity, Lane, Natural Gas, Telephone, Street Lighting, Sanitary sewer at Lot Line
Water Supply:
Municipal
Water Rights:
No
HVAC:
Electric, None
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
Yes
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 2219 KINGSWAY in Vancouver: Victoria VE Land Commercial for sale (Vancouver East)  : MLS®# C8057160
    Photo 1 of 4
  • Photo 2: 2219 KINGSWAY in Vancouver: Victoria VE Land Commercial for sale (Vancouver East)  : MLS®# C8057160
    Photo 2 of 4
  • Photo 3: 2219 KINGSWAY in Vancouver: Victoria VE Land Commercial for sale (Vancouver East)  : MLS®# C8057160
    Photo 3 of 4
  • Photo 4: 2219 KINGSWAY in Vancouver: Victoria VE Land Commercial for sale (Vancouver East)  : MLS®# C8057160
    Photo 4 of 4
Listed by Macdonald Realty Westmar
Data was last updated December 27, 2024 at 07:10 AM (UTC)
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