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314 W 12th Avenue Vancouver, British Columbia V5Y 1V2

2326 sqft

$3,298,000

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:53893)

Property Details

MLS® Number C8064710
Property Type Multi-family
Features Lane
Road Type Paved Road

Building

Amenities Street Lighting
Constructed Date 1910
Size Interior 2326 Sqft

Land

Acreage No
Sewer Septic System, Storm Sewer
Size Irregular 6250
Size Total 6250 Sqft
Size Total Text 6250 Sqft
Zoning Description Rt-6

Utilities

Electricity Available
Sewer Available

https://www.realtor.ca/real-estate/27682974/314-w-12th-avenue-vancouver

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Patrick Weeks
Personal Real Estate Corporation, Roch & Weeks Real Estate Group

(604) 803-9335
www.patrickweeks.ca/

RE/MAX Select Properties
6158 East Boulevard
Vancouver, British Columbia V6M 3V6

(604) 737-8865
www.rspvan.com/

Devin Roch
Personal Real Estate Corporation, Roch & Weeks Real Estate Group

(604) 374-8601
www.rochandweeks.ca/

RE/MAX Select Properties
6158 East Boulevard
Vancouver, British Columbia V6M 3V6

(604) 737-8865
www.rspvan.com/

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