1/121092 KINGSWAY, Vancouver
1092 KINGSWAY, Vancouver, BC V5V1N9
$38,000 total
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Asset Class
Specialty
Size
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Building class
B
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
87%
Year Built
1988
About this property
BEAUTY OR WELNESS CENTRE ON KINGSWAY !! THE SPACE CONSISTS OF RECEPTION AREA AT THE FRONT WITH 4 PRIVATE TREATMENT ROOMS , EACH ROOM HAS A HAND WASH SINK, AND SMALL KITCHEN AND WASHROOM AT THE BACK OF THE SPACE ALONG WITH PARKING IN THE BACK. ZONING ALLOWS FOR EITHER BEAUTY RELATED AND OR WELLNESS CENTRE WITH C-2A ZONING. THE LANDLORD WILL GRANT A NEW 3 YEAR LEASE + 3 YEAR RENEWAL WITH A LEASE RATE OF $3,339/MONTH INCLUDING GST, WITH A SECURITY DEPOSIT OF $4,000. EASY TO SHOW. PLENTY OF STREET PARKING. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$175
Projected NOI
$2K
Annual cash flow
$-51
Cash-on-cash
-0.45%
DSCR
0.98
Going-in cap
5.41%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
88,561
Households
32,695
Median income
$121,000
Median age
33.8
Daytime population
101,297
5-yr growth
8.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1092 KINGSWAY, Vancouver.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.