This property at 1041 Kingsway offers a compelling opportunity for investors and developers in one of Vancouver’s most dynamic neighborhoods, Kensington-Cedar Cottage. The site features a single-story retail building of 6,488 SF and a generous 10,065 SF land parcel, creating potential for redevelopment in a highly visible and amenity-rich corridor. The property is zoned C-2 Commercial, providing flexibility and allowing for mixed-use development options, including up to 2.5 FSR for market condos and 3.5 FSR for rental units.
Positioned along Kingsway, this location enjoys excellent exposure and robust traffic counts, with surrounding shopping, dining, and recreational amenities such as Sunnyside Park and Queen’s Plaza. It offers ease of access to major thoroughfares, public transportation, downtown Vancouver, and future transit expansions like the Main-Broadway Station. Current leases provide holding income while allowing adaptable structures to support future redevelopment plans.
This asset delivers strong long-term value for stakeholders aiming to capitalize on Vancouver’s growth with a property that combines current income and significant upside for infill development.