House for sale
324 W 12th Avenue, Mount Pleasant VW, Vancouver
$3,498,000
Features
Style
2 Storey, Rancher/Bungalow W/Bsmt.
Year Built
1944
Floor Area
1,645 sqft
Lot Size
6,250 sqft
Lot Frontage
50 ft
Parking Spaces
2
Amenities
In Suite Laundry, Storage
View
City/Mountain
Property Taxes
$8,602 (2023)
Additional Features
ClthWsh/Dryr/Frdg/Stve/DW
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 R2885823