2139 2147 Kingsway
Victoria VE
Vancouver
V5N 2T4
$7,698,000
Multi-Family Commercial, Retail
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial, Retail
- MLS® Num:
- C8069411
- Build. Type:
- Freestanding
- Photos (14)
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Luk Real Estate Group is pleased to list this fully-stratified property containing 14 residential units (8 one-bedroom + 6 two-bedroom) and 4 retail units. The property is fully occupied and produces steady income for investors and developers. As the property consists of 18 strata lots and is 100% owned by one owner, this makes it the perfect for repositioning and provides multiple exit strategies. Under the existing C-2 zoning, the property can be redeveloped as a purpose-built rental building on it own with a density up to 3.50 FSR. If assembled, the property can be redeveloped for up to 3.70 FSR under the existing C-2 zoning. Adjacent to the property at 4589 Gladstone, is 6-storey mixed-use building built in 2024 that includes 284 beds for student housing and 12,000 SF of retail.
- Sale Type:
- Asset
- Sublease:
- Yes
- Ownership:
- Freehold
- Property Type:
- Multi-Family Commercial, Retail
- Commercial Type:
- Multi Family
- Construction:
- Concrete, Frame Wood, Mixed
- Num Storeys:
- 3
- Building Type:
- Freestanding, Low Rise (2-4 storeys), Mixed Use
- # Units Total:
- 14
- # of Apartments:
- 14
- # of 1 Bedroom Apartments:
- 8
- # of 2 Bedroom Apartments:
- 6
- Year built:
- 1983 (Age: 42)
- Living Area:
- 11,969 sq. ft.1,112 m2
- Subject Property Depth:
- 120'36.6 m
- Subject Property Width:
- 99'½"30.2 m
- Retail Size:
- 7,754 sq. ft.720 m2
- Lot Area:
- 11,761.2 sq. ft.1,093 m2
- Potential to Redevelop:
- PROVIDES THE FLEXIBILITY TO REDEVELOP OR REPOSITION, No
- Road Surface:
- Paved
- Electricity:
- Yes
- Services Connected:
- Electricity Connected, Fully Serviced, Sidewalk
- Sewer:
- Public Sewer
- Parcel Number:
- 006436323
- Taxes:
- $87,397.64 / 2025
- Laundry Facility
- No
- Separate Water Heater
- Security System, Building Security
- # Elevators:
- 1
- Water Supply:
- Public
- Water Rights:
- No
- Potential to Redevelop:
- PROVIDES THE FLEXIBILITY TO REDEVELOP OR REPOSITION, No
- Env Assmt Phase:
- No
-
View of commercial property -
Photo 2 of 14
-
Dining space with light tile patterned flooring and recessed lighting
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Miscellaneous room featuring a paneled ceiling and tile patterned floors
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Kitchen featuring white appliances, light countertops, under cabinet range hood, and tasteful backsplash
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Full bath featuring toilet, vanity, shower / bath combo, and decorative backsplash
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Misc room featuring a paneled ceiling and speckle patterned floor
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Dining area featuring wood finished floors, a chandelier, and baseboards
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Community laundry with estacked washer and dryer, washing machine and clothes dryer, and light tile patterned floors
-
Photo 10 of 14
-
View of parking deck
-
View of road with sidewalks and curbs
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Living area featuring wood finished floors
-
Drone / aerial view of a mountainous background
Larger map options:
Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated November 25, 2025 at 08:40 PM (UTC)
- Jingru Cynthia Dong | CCIM | CFP | MBA | PREC
- CASM Global Real Estate Corporation
- +1 604 518 8230
- cynthia.dong@casmglobal.com
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.