324 W 12th Avenue Vancouver, British Columbia V5Y 1V2

2 Bedroom 2 Bathroom 1,645 ft2
2 Level

$3,298,000

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. (id:17816)

Property Details

MLS® Number R2946857
Property Type Single Family
Neigbourhood Mount Pleasant
Amenities Near By Recreation, Shopping
Features Central Location, Private Setting
Parking Space Total 2
View Type View

Building

Bathroom Total 2
Bedrooms Total 2
Amenities Laundry - In Suite
Appliances All
Architectural Style 2 Level
Constructed Date 1944
Construction Style Attachment Detached
Size Interior 1,645 Ft2
Type House

Parking

Other

Land

Acreage No
Land Amenities Recreation, Shopping
Size Frontage 50 Ft
Size Irregular 6250
Size Total 6250 Sqft
Size Total Text 6250 Sqft

https://www.realtor.ca/real-estate/27682966/324-w-12th-avenue-vancouver