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The property is located in the Norquay Neighbourhood. This neighborhood has witnessed an influx of development activity with major projects that will dramatically transform this underutilized corridor. In the fall of 2011, Westbank Projects Corp purchased the former Canadian Tire site at 2220 Kingsway were over 300,000 square feet is slated for a commercial/residential mixed use project. In 2013 Wall Development completed their mixed-use project “2300 Kingsway” at the former Eldorado Hotel location and Thind Development is putting the finishing touches on their 12-storey “Skyway Tower” one block east of the subject property. The property was constructed in 1985 of concrete block wall and wood frame. The tar and gravel roof was replaced in 2006. Heat is provided by electric baseboard and each unit has its own electric hot water tank that is independently metered.
Colliers International is Canada’s largest commercial real estate services company, providing a full range of services to real estate occupiers, developers and investors. Services include brokerage, real estate management, valuation, consulting, project management, project marketing and research. Through a culture of service excellence and a shared sense of initiative, Colliers Canada and our more than 1,400 professionals integrate the resources of real estate specialists across Canada to accelerate the success of our clients. In 2013 alone, Colliers Canada concluded more than 4,600 sale and lease transactions on behalf of investors and occupiers totaling some $7.8 billion across Canada. Colliers also completed more than 1,400 property valuations in 2013 and currently manages 46.4 million square feet of space.