324 W 12th Avenue
Vancouver
$3,298,000
MLS Number R2946857
Type: House/Single Family
City: Vancouver
Community: Mount Pleasant VW
Bedrooms: 2
Bathrooms: 2
Square Feet: 1,645sqf
Loft Size: 6,250.00 sqf
Outdoor Space: Fenced Yard
Total Parking: 2
Year Built: 1944
Listing courtesy of RE/MAX Select Properties
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Property Description

Build a Six-Storey Rental Apartment revenue machine! 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 income stream during the development planning.

Features

ClthWsh/Dryr/Frdg/Stve/DW

Amenities

In Suite Laundry Storage

Walking Score

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