Multi Unit Residential Buildings for Sale in Canada
2551 Kingsway Vancouver, British Columbia V5R 5H3
$8,480,000
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. $508,560 and the Stabilized Net Operating Income is approx. $423,560 @4.99% 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:61635)
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 |
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September 08 2025 10:01:52
Greater Vancouver REALTORS®
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