324 W12TH AVENUE, Vancouver, British Columbia

Vancouver House/Single Family For Sale

C$3,298,000
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.

Property Details
Type of Dwelling : House/Single Family
Style of Home : 2 Storey,Rancher/Bungalow w/Bsmt.
Listing Type : For Sale
MLS ID : R2946857
Price : C$3,298,000
Status : Active
Year Built : 1944
Bedrooms : 2
Bathrooms : 2
Square Footage : 1,645 Sqft
Lot Area : 6,250 Sqft
Area : Vancouver West
Sub-Area : Mount Pleasant VW
City : Vancouver
Province : British Columbia
Postal Code : V5Y 1V2
Features
Heating System : Other
View : Yes
Parking : 2
Additional Information
Title to Land : Freehold NonStrata
Age : 80
Frontage - Feet : 50
For Tax Year : 2023
Gross Taxes : 8602.28
Listing Office : RE/MAX Select Properties
Source : Real Estate Board of Greater Vancouver
Virtual Tour URL : https://www.dropbox.com/scl/fo/3yqofsz4wvl1iw8zyvs
For Sale
  • MLS ID : R2946857
  • Bedrooms : 2
  • Bathrooms : 2
  • Square Footage : 1,645 Sqft
  • Listed by:
    RE/MAX Select Properties
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