Properties

324 W12TH AVENUE, Vancouver, British Columbia

Vancouver House/Single Family For Sale

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Description

An exceptional opportunity to acquire two consecutive 50’x125′ lots located within the Broadway Corridor Plan, offering immense development potential. The properties, located at 314 West 12th & 324 West 12th Avenue 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 and 150′ of frontage, there is potential to construct an impressive 5.5 FSR 18-story tower spanning over 100,000 square feet with impressive views of downtown, mountains and ocean. Bluechip investment & holding properties!

Property Details
Type of Dwelling : House/Single Family
Style of Home : 2 Storey,Rancher/Bungalow w/Bsmt.
Listing Type : For Sale
MLS ID : R2885823
Price : C$3,498,000
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
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 : R2885823
  • Bedrooms : 2
  • Bathrooms : 2
  • Square Footage : 1,645 Sqft
C$3,498,000
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