3479-3499 Kingsway - Apartments FOR SALE


Vancouver, BC V5R 5L5
$11,888,000 CAD
604-671-0700
3479-3499 Kingsway, Vancouver, BC for Sale
$11,888,000 CAD
Apartments - FOR SALE
1/2
null | Request Cap Rate

3479-3499 Kingsway
Vancouver, BC V5R 5L5


HIGHLIGHTS

  • Approximately 200 feet of frontage along the prominent Kingsway Corridor.
  • C-2 zoning supports significant redevelopment potential for mixed-use development.
  • Located near SkyTrain, bus stops, schools, parks, and retail centers.
  • Just 5 minutes from Metrotown, a major regional shopping and transit hub.
  • Existing income stream from tenancy with potential rental upside.
  • Positioned in a rapidly growing district with easy access to surrounding municipalities.

OVERVIEW

Exceptional opportunity to hold for income or redevelop along the high-exposure Kingsway Corridor, featuring an impressive ~200 ft frontage on a 20,340 sq.ft. site. Strategically located in a rapidly growing area at the crossroads of Vancouver and neighbouring municipalities, this property offers outstanding long-term potential. Surrounded by everyday conveniences within walking distance, including SkyTrain, Safeway, schools, shopping plazas, library, parks, and recreation facilities'and just 5 mins to Metrotown, this location is second to none. The existing building is tenanted with steady income and rental upside, making it an ideal holding property while planning future development at a higher density. This is a rare opportunity to secure a large site in a high-demand corridor with an increasing population and limited supply

FOR SALE DETAILS

PRICE

$11,888,000 CAD

PRICE/SF

$332 CAD /SF

# OF UNITS

29

PRICE/UNIT

$409,931

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,107 SF

ZONING

C-2

APN/PARCEL ID

005625157

ASK ABOUT THIS PROPERTY

Daniel YuRE/MAX Real Estate ServicesMore Info
604-671-0700

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Daniel YuRE/MAX Real Estate ServicesMore Info
604-671-0700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.