$14,900,000
2257-2273 KINGSWAY
Beds
—
Baths
—
Sqft
—
Year
1980
Type
Retail
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Vancouver. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Strip Mall on busy Kingsway near Nanaimo Street. High Exposure location with excellent visibility for retail spaces. Located within the boundaries of the Norquay Village Neigbourhood Centre Plan with rezoning possibility for development of mixed-used buildings up to 14 storey at density of 3.8 FSR, subject to final approval of re-zoning application to City of Vancouver by buyer. Details of the policies and development parameters can be found under section 4.0 of the above-mentioned plan posted in City's official site (Vancouver.ca). All 9 retail units rented out to good tenants, lots of additional parking spaces available in underground garage level. Great investment opportunity. (id:65958)
- Subtype
- Retail
- Living area
- 12,000 square feet
- Lot size
- 20,813 square feet
- Lot dimensions
- 20813
- Condo/HOA fee
- $0 monthly
- On market
- Oct 18, 2024
- Status changed
- Apr 23, 2026
- Annual tax
- $151,636 (2024)
- Zoning
- C-2
- Photos
- 3
- MLS#
- C8063840
- Area
- VANCOUVER
Features and systems
Lot
Utilities
Cash on cash
-6.10%
Cap rate
3.64%
GRM
16.7
Break-even rent
$90,454
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.