Property Type: Land / Lot

2117-2121 KINGSWAY WAY

Vancouver, BC V5N2T4

$8,200,000

10,100 sqft
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Property Details

Property & Lot

Lot size
11,973 square feet

C2

Ownership & Fees

Property type
Land / Lot
Strata / maintenance fee
$0/mo
Annual property tax
$14,499.5 (2025)

Interior

Fireplace
None

Listing Information

MLS®
C8073896
Listed
November 18, 2025
Time on market
On the market for 286 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Luxmore Realty · Data source: CREA DDF.

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. (id:63159)

Values & Trends

This listing

$812/sqft

Building average

No other active listings in this building

Vancouver average

$1,499/sqft

11 active listing(s)

Parking: Not indicatedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Clear

17°C

Clear

Humidity 100%

Wind WNW 13 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

662,248

(2021 Census)

+4.9% since 2016

Density: 5,749.7/km²

Dwellings: 328,347

Median household income: $82,000

After-tax: $72,000

Immigrant population: 42.2%

Top countries of origin (% of total population)

  • China9.6% · 63,270
  • Philippines4.5% · 29,925
  • Hong Kong3.8% · 25,485
  • India2.2% · 14,640
  • United Kingdom1.9% · 12,895
  • Viet Nam1.8% · 12,115
  • Taiwan1.5% · 9,865
  • United States of America1.5% · 9,790

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

52

7/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
École Inman ElementaryElementary716 m
Dr H N Maccorkindale ElementaryElementary973 m
Chaffey-Burke ElementaryElementary976 m
Collingwood Neighbourhood SchoolElementary1.1 km
Graham Bruce Community ElementaryElementary1.2 km
St Mary's(Independent)Elementary1.2 km
Cascade Heights ElementaryElementary1.5 km
Champlain Heights Community ElementaryElementary1.5 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Eastbound Kingsway @ Smith Ave15 m
Westbound Kingsway @ Inman Ave153 m
Eastbound Kingsway @ Inman Ave220 m
Westbound Kingsway @ Boundary Rd288 m
Eastbound Kingsway @ Boundary Rd298 m

Nearby Places

Restaurants (5+)

  • Cantaritos · 3823 Kingsway84 m
  • Kimshaker Resto · 4091 Kingsway327 m
  • Ban Bu Xian Szechuan Cuisine · 3665 Kingsway407 m
  • Michi Craft Kitchen · 3665 Kingsway452 m
  • Blue Coast Japanese Seafood Cuisine · 3670 Vanness Avenue505 m

Cafes (5+)

  • Starbucks426 m
  • Sharetea · 3619 Kingsway527 m
  • Jack's Spot · 3615 Kingsway537 m
  • Snackshot · 3595 Kingsway578 m
  • Waves Coffee House · 4250 Kingsway631 m

Grocery (1)

  • Africana General Market · 3543 Kingsway697 m

Parks (5+)

  • George McLean Park367 m
  • Central Park588 m
  • Unnamed663 m
  • Unnamed · 5848 Olive Avenue668 m
  • Aberdeen Park · 3525 Foster Avenue696 m

Gyms (2)

  • Orijin Yoga · 3665 Kingsway460 m
  • She's Fit632 m

Pharmacies (3)

  • Central Park Pharmacy · 3963 Kingsway113 m
  • Enhance RX · 3965 Kingsway132 m
  • The Medicine Shoppe · 4277 Kingsway616 m

Banks & ATMs (3)

  • Bitcoin ATM Localcoin · 3527 Kingsway743 m
  • Scotiabank · 4299 Kingsway764 m
  • Scotiabank766 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,640,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$6,560,000.00
Periodic payment — Principal & Interest (monthly)$42,322.89
Additional monthly expenses (strata, tax, utilities, etc.)$1,713.29
Total monthly cost$44,036.19
Interest paid over 5-yr term$1,880,114.86
Balance at end of term$5,900,741.22

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,640,000
Stress test qualifying rate8.09%
Payment you must qualify for$50,444.10

Cash Needed at Closing

Minimum down payment$1,640,000
Estimated BC PTT$328,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,969,500

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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