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324 W 12th Avenue

Vancouver

2 Bed, 2 Bath House

$3,498,000

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!

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AMENITIES

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FEATURES

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AT A GLANCE

MLS® # R2885823
Subarea Mount Pleasant VW
Home Style 2 Storey,Rancher/Bungalow w/Bsmt.
Beds 2
Baths 2
Size 1,645 sqft
Lot Size 6,250 SqFt.
Lot Dimensions 50.00 × 125
Built 1944
Taxes $8,602.28 in 2023

MAP

324 W 12th Avenue, Vancouver BC V5Y 1V2 near W 12th Ave & Alberta Street in Mount Pleasant VW

LISTING BROKERAGE

RE/MAX Select Properties

TO VIEW CONTACT

Les Twarog
BC Condos & Homes
Re/Max Crest Realty
les@bccondos.net
Phone: 604-706-1760

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DISCLAIMER

Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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