1920 Kingsway, Vancouver

1920 Kingsway | Vancouver, BC

1920 Kingsway Under Contract

Property Highlights

Located on the south side of Kingsway, on the corner of Beatrice Street, just West of Victoria Drive, 1920 Kingsway is a strategic mixed-use development opportunity to develop a four to six-storey building with approximately 227 feet of continuous frontage. The property benefits from a single commercial tenancy providing holding income prior to redevelopment with flexibility in the landlord’s favour. The property also presents an opportunity for owner-occupiers to capitalize on low inventory in the area. Ample surface parking is provided and consumes nearly half of the total lot size, reducing demolition costs in the future.

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The Key Details

Price$6,890,000
Lot Size10,523 SF (approximate, as per BC Assessment)
ZoningC-2
Improvements6,655 SF Commercial Building (as per existing lease agreement)
ParkingUp to 15 surface stalls
Redevelopment PotentialUp to 3.5 FSR for market rental or 2.5 FSR for market condo. (0.35 FSR commercial requirement)
FinancingTreat as clear title
Property Taxes (2023)$61,353.50

Property on Map

No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and the same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice, and of any special listing conditions imposed by our principals no warranties or representations are made as to the condition of the property or any hazards contained therein are any to be implied.

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