A 24-unit Kingsway Avenue rental apartment building with eight retail units has sold for $360,000 above its assessed value.
Breakdown:
Property type: Multi-family
Location: 1022 Kingsway, Vancouver
Number of residential units: 24
Number of retail units: 8
Size of property: 11,748 square feet
Lot size: 0.269 acres
Zoning: C-2
BC Assessment value: $9.02 million
List price: $9.5 million
Sale price: $9.38 million
Brokerage: Colliers International
Brokers: Kelvin Luk, William Maunsell, Matt Saunders