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2233 156 St - Kingsgate 1,378 - 2,477 SF Retail Condo Units Offered at $1,573,303 - $2,849,527 CAD Per Unit in Surrey, BC V4A 4V3
PROPERTY FACTS
| Total Building Size | 34,680 SF | Typical Floor Size | 8,670 SF |
| Property Type | Multifamily | Year Built | 2026 |
| Property Subtype | Apartment | Lot Size | 0.75 AC |
| Building Class | B | Parking Ratio | 1.15/1,000 SF |
| Floors | 4 | ||
| Zoning | CD - Comprehensive Development | ||
| Total Building Size | 34,680 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 8,670 SF |
| Year Built | 2026 |
| Lot Size | 0.75 AC |
| Parking Ratio | 1.15/1,000 SF |
| Zoning | CD - Comprehensive Development |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- Controlled Access
- Fitness Center
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
4 UNITS AVAILABLE
Unit 101
| Unit Size | 2,477 SF | Sale Type | Investment or Owner User |
| Price | $2,849,527 CAD | Cap Rate | 4.78% |
| Price Per SF | $1,150.39 CAD | NOI | $136,207.39 CAD |
| Condo Use | Retail | No. Parking Spaces | 2 |
| Unit Size | 2,477 SF |
| Price | $2,849,527 CAD |
| Price Per SF | $1,150.39 CAD |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 4.78% |
| NOI | $136,207.39 CAD |
| No. Parking Spaces | 2 |
SALE NOTES
SECURE INCOME PROPERTY AT KINGSGATE – COMPLETING Q1 2026. Located at 2233 156 Street, this ground-level retail unit offers a prime investment opportunity anchored by a secure Daycare Operator. This is a pure investment offering: the property is being sold with the tenant in place (no physical possession for the buyer). Priced on a cap rate basis, this pre-sale opportunity allows investors to lock in a clear rate of return in a brand-new development. Situated in a high-traffic, growing neighborhood, this is a hands-off, stable asset for the serious investor. Contact the listing agent for full lease and income details.
Unit 104
| Unit Size | 1,378 SF | Sale Type | Investment or Owner User |
| Price | $1,573,303 CAD | Cap Rate | 4.78% |
| Price Per SF | $1,141.73 CAD | NOI | $75,203.88 CAD |
| Condo Use | Retail | No. Parking Spaces | 1 |
| Unit Size | 1,378 SF |
| Price | $1,573,303 CAD |
| Price Per SF | $1,141.73 CAD |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 4.78% |
| NOI | $75,203.88 CAD |
| No. Parking Spaces | 1 |
DESCRIPTION
PRIME INCOME GENERATING ASSET AT KINGSGATE – UNIT 104
Take advantage of a prime investment opportunity at 2233 156 Street, Unit 104! This ground-level retail space within the upcoming Kingsgate development is an ideal income-producing asset, fully pre-leased to a Daycare Operator. Ideally located in a bustling area, the unit offers excellent visibility and easy access—key drivers for the tenant's long-term success. With large windows allowing for ample natural light, the space creates an inviting atmosphere for the childcare facility. Surrounded by popular businesses and local amenities, and with completion set for Q1 2026, this is a fantastic opportunity to secure a worry-free, income-generating property in a thriving Surrey neighborhood.
Unit 105
| Unit Size | 1,771 SF | Sale Type | Investment or Owner User |
| Price | $2,037,489 CAD | Cap Rate | 4.78% |
| Price Per SF | $1,150.47 CAD | NOI | $97,391.97 CAD |
| Condo Use | Retail | No. Parking Spaces | 1 |
| Unit Size | 1,771 SF |
| Price | $2,037,489 CAD |
| Price Per SF | $1,150.47 CAD |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 4.78% |
| NOI | $97,391.97 CAD |
| No. Parking Spaces | 1 |
DESCRIPTION
PRIME INCOME PROPERTY AT KINGSGATE – SECURED DAYCARE TENANT
Unit 105 – 2233 156 Street. An exceptional opportunity to acquire a pre-leased retail asset in the upcoming Kingsgate project, completing in Q1 2026. This ground-level retail space is located in a vibrant, high-traffic area and offers immediate passive income with a Daycare Operator already secured as the tenant. The unit features a modern design with large storefront windows, providing plenty of natural light and excellent exposure—key factors that ensure the tenant's long-term success. Situated in a brand-new development surrounded by thriving businesses and community amenities, this is a hands-off investment in a growing Surrey neighbourhood. Don't miss the chance to add this high-quality asset to your portfolio!
Unit 108
| Unit Size | 2,386 SF | Condo Use | Retail |
| Price | $2,739,357 CAD | Sale Type | Investment or Owner User |
| Price Per SF | $1,148.10 CAD |
| Unit Size | 2,386 SF |
| Price | $2,739,357 CAD |
| Price Per SF | $1,148.10 CAD |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
DESCRIPTION
THE CROWN JEWEL OF KINGSGATE – PRIME CORNER ASSIGNMENT
This is the flagship opportunity you have been waiting for. Located at the high-traffic intersection of King George Blvd & 156 St, this is the final and most prominent unit at the upcoming Kingsgate development. Boasting unparalleled three-sided visibility and soaring double-height windows, this corner unit acts as a massive, light-filled billboard for your brand.
SALE NOTES
This is a strategic "gap" in the local market. With the building already anchored by a Dentist, Daycare, and Pharmacy, the daily foot traffic is built-in. We are looking for the missing piece to complete this hub. This space is perfectly suited for a Medical Clinic, Physio/Chiro Practice, Veterinary Hospital, or a high-exposure Restaurant/Café. Capitalize on the thousands of cars passing daily and the captive audience already visiting the building. The seller is highly motivated and flexible—bring your ideas and let’s make a deal on this trophy asset!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 15 | - | - |
| 2+1 | 10 | - | - |
| 2+2 | 5 | - | - |
| 3+2 | 4 | - | - |
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2233 156 St - Kingsgate
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