314 W 12TH Avenue
Mount Pleasant VW
Vancouver
V5Y 1V2
$3,298,000
Multi-Family Commercial
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- C8064710
- Build. Type:
- Freestanding
- Photos (20)
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Build a Six-Storey Rental Apartment revenue machine! Welcome to 314 West 12th 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 stable income stream during the development planning process.
- Sale Type:
- Asset
- Construction:
- Wood Frame
- Building Type:
- Freestanding
- # Units:
- 1
- # of Apartments:
- 0
- # of Studio Apartments:
- 0
- # of Penthouse Apartments:
- 0
- # of Bachelor Apartments:
- 0
- # of 4+ Bedroom Apartments:
- 1
- # of 1 Bedroom Apartments:
- 0
- # of 2 Bedroom Apartments:
- 0
- # of 3 Bedroom Apartments:
- 0
- # Storeys:
- 3.0
- Year built:
- 1910 (Age: 115)
- Total Floor Area:
- 2,326 sq. ft.216 m2
- Lot Area:
- 6,250 sq. ft.581 m2
- Lot Depth:
- 125
- Lot Frontage:
- 50'15.2 m
- Land Use/Zoning:
- RT-6
- Permitted Use:
- Multifamily (5+), Residential
- Taxes:
- $8,062.95 / 2024
- Services Connected:
- Electricity, Garbage Collection, Lane, Paved Streets, Sanitary Sewer, Septic System, Sewer - Storm, Street Lighting
- Water Supply:
- Municipal
- Sewer Septic:
- Municipal/Community
- Potential to Redevelop:
- Yes
- Env Assmt Phase:
- No
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Listed by RE/MAX Select Properties
Data was last updated January 30, 2025 at 04:40 AM (UTC)
- ТANYA URBAN
- TEAM 3000 REALTY LTD.
- 1 (604) 807-6039
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