Size
2326 sqft
Lot size
6250 sqft
Street frontage
-
Possession
-
Price per sqft
$1,418
Taxes
$7,293.49 (2023)
Parking Type
Owned
Style
-
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Description
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.
Broker: RE/MAX Select Properties
MLS®#: R2946851
Property details
Parking:
4
Parking type:
Owned
Property type:
Other
Heating type:
-
Style:
-
MLS Size:
2326 sqft
Lot front:
50 Ft
Lot depth:
125 Ft
Listed on:
Nov 26, 2024
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Rooms
| Level | Name | Size | Features |
|---|---|---|---|
Above | Bedroom | 0.00 x 0.00 ft | |
Above | Bedroom | 0.00 x 0.00 ft | |
Main | Bedroom | 0.00 x 0.00 ft |
Instant estimate:
orto view instant estimate
$179,650
lower than listed pricei
High
$3,230,066
Mid
$3,118,350
Low
$2,978,845
