324 12TH AVENUE
Mount Pleasant VW, Vancouver, BC

Active
$3,298,000
Listed By: RE/MAX Select Properties
Listed 4 weeks ago

Details

Beds
2
Bath
2
Built
1944
Living Area
1645 SqFt.
Lot Size
6250 SqFt.
Frontage
50.00 Feet
Depth
125 Feet

Description

Build a Six-Storey Rental Apartment revenue machine! Ideally located steps to the Canada Line, City Hall and all of the amazing offerings of Cambie Village. With the ability to acquire two consecutive 50'x125' lots which offers you a total lot size of 12,500sqft and with the new Broadway Plan zoning allows up to 2.7FSR which equates to 33,750sqft. This location offers high yielding rents from $4 and up to $5 per square foot. Your tenants will love the location with only 4 Blocks to Broadway City Hall and Canada Line , 1 Block to Vancouver City Hall, 2 Blocks to Cambie Village shopping, 5 Blocks to Whole Foods, 10 minute walk to VGH, 5 minute walk to Simon Fraser Elementary, 2 minute drive to Downtown. The current long-term tenants provide a income stream during the development planning.

Amenities
In Suite Laundry Storage

Features

ClthWsh/Dryr/Frdg/Stve/DW

Site Influences

Central Location Lane Access Private Setting Private Yard Recreation Nearby Shopping Nearby

Location

Technical Information

MLS® # R2946857
Property Type House
Dwelling Type House/Single Family
Home Style 2 Storey,Rancher/Bungalow w/Bsmt.
Year Built 1944
Parking Other
Tax $8,602 in 2023
Strata No VAP1530

Floor Area (sq. ft.)

Main Floor 871
Basement 774
Total 1,645
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Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouve and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.