324 W 12th Avenue, Vancouver, British Columbia

$3,298,000

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1,645

Square feet

0.14

Acres

About 324 W 12th Avenue

Build a Six-Storey Rental Apartment revenue machine! Welcome to 324 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:36535)

Features of 324 W 12th Avenue

Listing # C8064711
Price $3,298,000
Bathrooms 0.00
Square Footage 1,645
Acres 0.14
Year Built 1944
Type Multi-family

Community Information

Address 324 W 12th Avenue
City Vancouver
Province British Columbia
Postal Code V5Y1V2

Amenities

Amenities Street Lighting
Utilities Electricity, Sewer
Features Lane
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Listing Details

OfficeCourtesy Of Patrick Weeks and Devin Roch Of RE/MAX Select Properties

Listing Map