324 W 12th Avenue Vancouver, British Columbia V5Y 1V2
$3,298,000
Build a Six-Storey Rental Apartment revenue machine! Welcome to 324 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. (id:58554)
Property Details
| MLS® Number | C8064711 |
| Property Type | Multi-family |
| Neigbourhood | Mount Pleasant |
| Features | Lane |
Building
| Amenities | Street Lighting |
| ConstructedDate | 1944 |
| SizeInterior | 1645 Sqft |
Land
| Acreage | No |
| Sewer | Storm Sewer |
| SizeIrregular | 6250 |
| SizeTotal | 6250 Sqft |
| SizeTotalText | 6250 Sqft |
| ZoningDescription | Rt-6 |
Utilities
| Electricity | Available |
| Sewer | Available |
https://www.realtor.ca/real-estate/27682975/324-w-12th-avenue-vancouver
Interested?
Contact us for more information
Patrick Weeks
PREC*, Roch & Weeks Real Estate Group
6158 East Boulevard
Vancouver, British Columbia V6M 3V6
Devin Roch
PREC*, Roch & Weeks Real Estate Group
6158 East Boulevard
Vancouver, British Columbia V6M 3V6
Seva Roberts
PREC*, Vancouver Rental Group
#300 - 1195 West Broadway
Vancouver, British Columbia V6H 3X5
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November 26 2024 02:54:10
Real Estate Board Of Greater Vancouver
RE/MAX Select Properties, RE/MAX Crest Realty
