Presented by Robert J. Iio Personal Real Estate Corporation — Team 110 RE/MAX Real Estate (Kamloops).

(250) 851-3110
info@team110.com
Team 110 | Your Kamloops REALTOR®

2551 Kingsway Vancouver, British Columbia V5R 5H3

10,000 ft2

$7,980,000

2551 Kingsway in Vancouver, BC is a standout investment opportunity and a modern residential gem. This mid-rise, boutique concrete building was completed in 2021 and features 12 X one-bedroom suites + 2 Commercial Units, each residential suite are equipped with in-suite laundry, air conditioning, and stylish kitchens with stainless steel appliances. The Annual Gross Income is approx. $489,816 and the Stabilized Net Operating Income is approx. $405,348 @ 5.08% Cap Rate, making it an attractive option for investors seeking stable returns! Residents enjoy controlled access, 24-hour availability, and proximity to public transit, shopping, and local amenities. With a Walk Score of 90 and Transit Score of 84, the location is ideal for urban living. The building also includes bike storage, five parking spaces, and accessibility features. (id:61048)

Property Details

MLS® Number C8071968
Property Type Multi-family
Neigbourhood Mount Pleasant
Features Lane, Passenger Elevator

Building

Constructed Date 2021
Size Interior 10,000 Ft2

Land

Acreage No
Size Irregular 4008
Size Total 4008 Sqft
Size Total Text 4008 Sqft
Zoning Description C-2 Commercial

Utilities

Electricity Available

https://www.realtor.ca/real-estate/28830556/2551-kingsway-vancouver

Contact Us

Contact us for more information

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Fred Choy
Personal Real Estate Corporation

(604) 880-3462

RE/MAX Real Estate Services
3548 West 41st Ave.
Vancouver, British Columbia V6N 3E6

(604) 263-2823
(604) 263-1057
www.remaxres.ca/

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