314 W 12th Avenue, Mount Pleasant VW, Vancouver

$3,298,000 |   MLS® Number  C8064710

Multi-family for sale in Mount Pleasant VW, Vancouver, Vancouver West, 314 W 12th Avenue, 224969779 | Realtylink.org

Multi-family for sale

Year Built
1910
Floor Area
2,326 sqft
Lot Size
6,250 sqft
Gross Property Tax
$8,062.95 /year
Building Type
Freestanding
Zoning
RT-6
Subject Property Width
50 ft
Subject Property Depth
125 ft
Total no. of Units
1

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.