WASIM MOHAMMED

REAL ESTATE

Properties

Vancouver House/Single Family For Sale

314 12TH AVENUE, Vancouver, British Columbia V5Y 1V2

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Description

An exceptional opportunity to acquire three consecutive 50′ x 125′ lots located within the Broadway Corridor Plan, offering immense development potential. The properties, located at 314 West 12th, 324 West 12th Avenue and 2811 Alberta Street, are currently held as long-term investment properties with outstanding tenants. Located just a block from city hall and 2 blocks from Cambie Village these A-1 located properties have excellent Development Potential: The Broadway Corridor Development Plan allows for significant redevelopment possibilities on this site. With the approval of the City of Vancouver, there is potential to construct an impressive 5.5 Floor Space Ratio (FSR) 18-story tower spanning over 100,000 square feet with impressive views of downtown, mountains and ocean.

Property Details
Property Type : Residential Detached
Type of Dwelling : House/Single Family
Style of Home : 2 Storey w/Bsmt.
Listing Type : For Sale
MLS ID : R2872831
Price : C$4,498,000
Status : Active
Year Built : 1910
Bedrooms : 4
Bathrooms : 3
Square Footage : 2,326 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
Parking : 4
Additional Information
Title to Land : Freehold NonStrata
Age : 114
Frontage - Feet : 50
For Tax Year : 2022
Gross Taxes : 0
Listing Office : RE/MAX Select Properties
Source : Real Estate Board of Greater Vancouver
Virtual Tour URL : https://www.dropbox.com/scl/fo/3yqofsz4wvl1iw8zyvs
Residential Detached For Sale
  • MLS ID : R2872831
  • Bedrooms : 4
  • Bathrooms : 3
  • Square Footage : 2,326 Sqft
C$4,498,000
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