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2551 Kingsway
Collingwood VE Vancouver V5R 5H3

$7,698,000
Multi-Family Commercial

Main Photo: 2551 Kingsway in Vancouver: Collingwood VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8077620
Photo 1: 2551 Kingsway in Vancouver: Collingwood VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8077620
Photo 2: 2551 Kingsway in Vancouver: Collingwood VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8077620
Photo 3: 2551 Kingsway in Vancouver: Collingwood VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8077620
Photo 4: 2551 Kingsway in Vancouver: Collingwood VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8077620
Photo 5: 2551 Kingsway in Vancouver: Collingwood VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8077620
Photo 6: 2551 Kingsway in Vancouver: Collingwood VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8077620
Photo 7: 2551 Kingsway in Vancouver: Collingwood VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8077620
Photo 8: 2551 Kingsway in Vancouver: Collingwood VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8077620
Photo 9: 2551 Kingsway in Vancouver: Collingwood VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8077620
Photo 10: 2551 Kingsway in Vancouver: Collingwood VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8077620
Photo 11: 2551 Kingsway in Vancouver: Collingwood VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8077620
Photo 12: 2551 Kingsway in Vancouver: Collingwood VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8077620
Photo 13: 2551 Kingsway in Vancouver: Collingwood VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8077620
Photo 14: 2551 Kingsway in Vancouver: Collingwood VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8077620
Photo 15: 2551 Kingsway in Vancouver: Collingwood VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8077620
Photo 16: 2551 Kingsway in Vancouver: Collingwood VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8077620
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8077620
Build. Type:
Freestanding
Exceptional freestanding mixed-use income property built in 2021 in a prime Kingsway location. This newer asset offers 12 one-bedroom residential suites, 2 retail units, and 5 parking stalls, delivering strong in-place holding income, efficient day-to-day management, and excellent long-term upside. Featuring 12 independent gas meters for streamlined utility recovery, the property is designed for operational efficiency. Outstanding visibility, strong tenant appeal, and convenient access to transit, shopping, and major commuter routes further enhance its investment strength. Why settle for a 4.3% U.S. 10-year Treasury yield when this scarce freestanding mixed-use asset offers growing NOI, rental upside, inflation protection, and leveraged long-term wealth creation? Enjoy peace of mind with the balance of 2-5-10 home warranty coverage. Share sale preferred; asset sale may be considered.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Num Storeys:
5
Building Type:
Freestanding, Mixed Use
# Bldgs:
1
# Units Total:
14
# Other Units:
2
# of Apartments:
12
Year built:
2021 (Age: 5)
Living Area:
10,000 sq. ft.
Subject Property Depth:
123'9"
Subject Property Width:
32'4½"
Lot Area:
39,204 sq. ft.
Acres Freehold:
0.9 acre(s)
Current Use:
See Remarks
Zoning:
Potential to Redevelop:
Yes
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Sewer:
Public Sewer
Parcel Number:
004232801
Taxes:
$31,142.7 / 2025
No
# 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:
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Listed by RE/MAX Real Estate Services
Data was last updated April 14, 2026 at 11:40 AM (UTC)
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