314 W 12TH AVENUE

314 W 12TH AVENUE
314 W 12TH AVENUE
314 W 12TH AVENUE
+18
4
 bed
3
 bath
4
 parking
2326
 sqft *
* This unit size is calculated from property.ca data
For Sale
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8 days
 on site
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$4,498,000
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* This unit size is calculated from property.ca data
Size
2326 sqft
Lot size
580.64 sqm
Street frontage
-
Possession
-
Price per sqm
$20,824
Taxes
-
Parking Type
Owned
Style
-
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Description
An exceptional opportunity to acquire three consecutive 50' x 125' 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, there is potential to construct an impressive 5.5 Floor Space Ratio (FSR) 18-story tower spanning over 100,000 square feet with impressive views of downtown, mountains and ocean.
Broker: RE/MAX Select Properties
MLS®#: R2872831
Property details
Parking:
4
Parking type:
Owned
Property type:
Other
Heating type:
-
Style:
-
MLS Size:
216 sqm
Lot front:
15.24 M
Lot depth:
38.1 M
Listed on:
Apr 19, 2024
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Rooms
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Bedroom
0.0 x 0.0 m
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Bedroom
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Bedroom
0.0 x 0.0 m
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Bedroom
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Anders Fung
Sales Representative
© Property.ca Inc., Brokerage
MLS#: R2872831
Listed by RE/MAX Select Properties

About 314 W 12TH AVENUE

314 W 12th Avenue is a Vancouver freehold for sale. 314 W 12th Avenue has an asking price of $4498000, and has been on the market since April 2024. This 2326 sqft freehold has 4 beds and 3 bathrooms. 314 W 12th Avenue resides in the Vancouver Mount Pleasant neighbourhood, and nearby areas include Fairview, False Creek, Yaletown and South Cambie.

There are quite a few restaurants to choose from around 314 W 12th Ave, Vancouver. Some good places to grab a bite are Kyu Grill and Cartel Taco. Venture a little further for a meal at Mumgry, It's All About Grill or Yellow Basket Baking. Groceries can be found at Kiki's Delivery which is a short distance away and you'll find IDA Cambie Pharmacy a 3-minute walk as well. IndustryWorks and Park Theatre are both in close proximity to 314 W 12th Ave, Vancouver and can be a great way to spend some down time. For nearby green space, Major Matthews Park, Mount Pleasant Skate Park and Jonathan Rogers Park could be good to get out of your freehold and catch some fresh air or to take your dog for a walk. As for close-by schools, Saint Patrick Regional Secondary School and Madrona School are a 6-minute walk from 314 W 12th Ave, Vancouver.

For those residents of 314 W 12th Ave, Vancouver without a car, you can get around quite easily. The closest transit stop is a BusStop (Northbound Cambie St @ W 12 Ave) and is not far, but there is also a Subway stop, Broadway-City Hall Station Platform 2, a 3-minute walk connecting you to the TransLink. It also has (Bus) route 015 Cambie/olympic Village Station, and (Bus) route N15 Downtown/cambie Nightbus nearby.

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Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy. MLS®, REALTOR® and the associated logos are trademarks of The Canadian Real Estate Association.