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Altin Yousefi
RE/MAX Crest Realty
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2551 Kingsway
Collingwood VE Vancouver V5R 5H3

$8,480,000
Multi-Family Commercial

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Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8071968
Build. Type:
Freestanding
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.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Concrete, Mixed
Num Storeys:
5
Building Type:
Freestanding, Mixed Use
# Bldgs:
1
# Units Total:
14
# Other Units:
2
# of Apartments:
12
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
12
# of 2 Bedroom Apartments:
0
# of 3 Bedroom Apartments:
0
Year built:
2021 (Age: 4)
Living Area:
10,000 sq. ft.
Subject Property Depth:
123'9"
Subject Property Width:
32'4½"
Lot Area:
3,920.4 sq. ft.
Zoning:
Potential to Redevelop:
Yes
Fencing:
Parking:
Secured
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
Yes
Services Connected:
Electricity Connected, Sidewalk
Sewer:
Public Sewer
Parcel Number:
004232801
Taxes:
$31,142.7 / 2025
Elevator Passenger
No
Secured Garage/Parking
# Elevators:
1
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 2551 Kingsway in Vancouver: Collingwood VE Multi-Family Commercial for sale (Vancouver East) : MLS®# C8071968
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Listed by RE/MAX Real Estate Services
Data was last updated September 9, 2025 at 07:40 AM (UTC)
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