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$ 3,298,000
Est. payment | /mo
2,326 SqFt
$ 3,298,000
Est. payment | /mo
2,326 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
Listed by RE/MAX Select Properties