3511-3523 Kingsway, Vancouver, BC
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3511-3523 Kingsway, Vancouver, BC
2 Properties in Vancouver, BC
Executive Summary
NAI Apartments is pleased to present an opportunity to acquire 3511–3523 Kingsway, Vancouver.
The properties are improved as mixed-use properties containing six commercial tenants, and twenty-one residential units. The combined site size of the properties is a 18,584 SF corner site. The properties are C-2 zoned, offering flexible development opportunities without the requirement of a rezoning application. Under the C-2 guidelines, a four-storey mixed use condo development or six storey mixed-use rental development can be achieved.
Investment Highlights
· Large 18,584 SF Corner Site – 148’ frontage along Kingsway
· No rezoning required
· Transit-Oriented Development Area – within 800 metres of Joyce-Collingwood SkyTrain Station
· Strong holding income
Property Highlights
· 3511 Kingsway replumbed (~4 years)
· 3511 Kingsway roof replaced (~10 years)
· 3511 Kingsway new IBC boilers (~5 years)
· Enclosed surface parking at rear
· 3523 Kingsway fully sprinklered
· Attractive residential suite mix
The properties are improved as mixed-use properties containing six commercial tenants, and twenty-one residential units. The combined site size of the properties is a 18,584 SF corner site. The properties are C-2 zoned, offering flexible development opportunities without the requirement of a rezoning application. Under the C-2 guidelines, a four-storey mixed use condo development or six storey mixed-use rental development can be achieved.
Investment Highlights
· Large 18,584 SF Corner Site – 148’ frontage along Kingsway
· No rezoning required
· Transit-Oriented Development Area – within 800 metres of Joyce-Collingwood SkyTrain Station
· Strong holding income
Property Highlights
· 3511 Kingsway replumbed (~4 years)
· 3511 Kingsway roof replaced (~10 years)
· 3511 Kingsway new IBC boilers (~5 years)
· Enclosed surface parking at rear
· 3523 Kingsway fully sprinklered
· Attractive residential suite mix
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 33,553 SF |
| Number of Properties | 2 | Total Land Area | 0.20 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 33,553 SF |
| Total Land Area | 0.20 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3511-3519 Kingsway, Vancouver, BC V5R 5L8 | Retail | 25,248 SF | 1972 | - |
| 3523 Kingsway, Vancouver, BC V5R 5L8 | Multifamily | 8,305 SF | 1954 | - |
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3511-3523 Kingsway, Vancouver, BC
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