324 W 12TH AVE Active Save Request In-Person Tour Request Virtual Tour
Vancouver,BC V5Y 1V2
Key Details
Property Type Single Family Home
Sub Type House/Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,645 sqft
Price per Sqft $2,126
Subdivision Mount Pleasant Vw
MLS Listing ID R2885823
Style 2 Storey,Rancher/Bungalow w/Bsmt.
Bedrooms 2
Full Baths 2
Abv Grd Liv Area 871
Total Fin. Sqft 1645
Year Built 1944
Annual Tax Amount $8,602
Tax Year 2023
Lot Size 6,250 Sqft
Acres 0.14
Property 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!
Location
State BC
Community Mount Pleasant Vw
Area Vancouver West
Zoning RT-6
Rooms
Basement None
Kitchen 0
Separate Den/Office N
Interior
Interior Features ClthWsh/Dryr/Frdg/Stve/DW
Heating Other
Heat Source Other
Exterior
Exterior Feature Fenced Yard
Garage Other
Garage Spaces 1.0
Amenities Available In Suite Laundry,Storage
View Y/N Yes
View City/Mountain
Roof Type Other
Lot Frontage 50.0
Lot Depth 125.0
Total Parking Spaces 2
Building
Dwelling Type House/Single Family
Story 2
Sewer City/Municipal
Water City/Municipal
Structure Type Frame - Wood
Others
Tax ID 014-565-595
Ownership Freehold NonStrata
Energy Description Other