314 W 12TH AVENUE Active

Vancouver,BC V5Y1V2

$ 3298000

- Bed

- Bath

2326 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,326 sqft

Price per Sqft $1,417

MLS Listing ID C8064710

Originating Board Greater Vancouver REALTORS®

Year Built 1910

Lot Size 6,250 Sqft

Acres 6250.0

Property Description

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. (id:24570)

Location

Province BC

Exterior

Parking Features No

View Y/N No

Private Pool No

Building

Sewer Septic System,Storm sewer

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