Kingsway Corporate Centre, a fully leased, 15,295-square-foot office building on the Kingsway corridor in Burnaby, has sold for $7.28 million, reports Avison Young. The sale price is below its assessed value of $8.18 million.
Breakdown:
Property type: Office building
Location: 1193 Kingsway Avenue, Vancouver
Size of property: 15,295 square feet
Land size: 0.23 acres
Zoning: C-2
BC Assessment value: $8.18 million
List price: $8.2 million
Sale price: $7.28 million
Date of sale: March 6, 2020
Brokerage: Avison Young, Vancouver
Brokers: Michael Buchan and Mitchell Knoepfel
