Commercial Land for sale

314 W 12th Avenue, Mount Pleasant VW, Vancouver

$3,498,000 or
Commercial Land for sale in Mount Pleasant VW, Vancouver, Vancouver West, 314 W 12th Avenue, 224965343 | Realtylink.org
$3,498,000 or

Commercial Land for sale

314 W 12th Avenue, Mount Pleasant VW, Vancouver

Features

Lifestyle
224965343 3498000 /en/commercial-land~for-sale~mount-pleasant-vw-vancouver/224965343?view=Summary /en/commercial-land~for-sale~mount-pleasant-vw-vancouver/224965343/photos 49.2599500000 -123.1116200000 true
Year Built
1944
Lot Size
6,250 sqft
Gross Property Tax
$7,293.49 /year
Zoning
RT-6
Subject Property Width
50 ft
Subject Property Depth
125 ft
Permitted Land Use
Multifamily (5+), Residential
Water Supply
Municipal
Sewer/Septic
Municipal/Community

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!
MLS® Number C8060274

Listing REALTORS®

Patrick Weeks, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Patrick Weeks

REALTOR®, Personal Real Estate Corporation

RE/MAX Select Properties

RE/MAX Select Properties,
Seva Roberts, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Seva Roberts

REALTOR®, Personal Real Estate Corporation

RE/MAX Crest Realty

RE/MAX Crest Realty,
Devin Roch, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Devin Roch

REALTOR®, Personal Real Estate Corporation

RE/MAX Select Properties

RE/MAX Select Properties,

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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