Drone / aerial view

$8,200,000

2117-2121 - Kingsway Way, Vancouver, BC V5N 2T4

MLS® C8073896

Description

DEVELOPERS & BUILDERS—TAKE NOTICE! Outstanding land assembly potential in the heart of Kensington–Cedar Cottage. This freestanding two-storey commercial building sits on an impressive 11,973 sqft. of 3 PIDs in the highly desirable Kensington–Cedar Cottage community. Zoned C2, the site supports up to 2.5 FSR for a 4-storey market project or up to 3.5 FSR for a 6-storey secured rental development. The site offers EXCEPTIONAL visibility, strong foot traffic, and effortless accessibility. Steps to T&T Supermarket, New Mandarin Seafood Restaurant, Dollarama, and numerous new projects reshaping the area. Moments from Victoria Drive and less than 700m to Nanaimo Station. Located within the Lord Selkirk Elementary and Gladstone Secondary catchments. A must-see — Drive by to appreciate the potential! Call for more information.

Property

Property type

Land

Ownership

Freehold

Lot and parking

Lot size

11,761.2 sq ft

Costs

Annual property tax

$14,500

Tax year

2,025

Location

Area

Vancouver East

Neighbourhood

Victoria VE

Waterfront

No