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Status:
Active
Prop. Type:
Retail
MLS® Num:
C8079036
Build. Type:
See Remarks
Rare opportunity to acquire a well-maintained 1,978 sqft strata retail unit featuring a fully equipped commercial kitchen. Over $800,000 has been invested in the high-quality build-out and equipment. Leased to an established restaurant tenant, providing stable and dependable income. Ideally situated near Joyce–Collingwood SkyTrain Station and surrounded by numerous high-density residential developments, the location benefits from steady foot traffic and strong local demand. The property includes two underground parking stalls and more than 20 free street parking stalls in the immediate area., a significant advantage in this transit-oriented neighborhood. This property presents an attractive investment opportunity for those seeking a passive, income-producing retail asset. NET INCOME : $130,350 /year, CAP RATE : 4.5%
Sale Type:
Asset
Sublease:
Yes
Ownership:
Strata
Property Type:
Retail
Commercial Type:
Retail
Construction:
Other
Building Type:
See Remarks
Home Owners Association:
Yes
Year built:
2018 (Age: 8)
Living Area:
1,978 sq. ft.
Lot Area:
0 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Sewer:
Public Sewer
Parcel Number:
030421110
Taxes:
$18,917.1 / 2025
No
Water Supply:
Public
Water Rights:
No
Roof:
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Association Fee:
$1,091.77
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
Listed by Sutton Group-West Coast Realty
Data was last updated May 26, 2026 at 02:40 AM (UTC)
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