324 W 12TH AVENUE

Mount Pleasant, East Side, Vancouver

324 W 12TH AVENUE
324 W 12TH AVENUE
324 W 12TH AVENUE
+18
1+1
 bed
2
 bath
2
 parking
1645
 sqft *
* This unit size is calculated from property.ca data
For Sale
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9 days
 on site
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$4,498,000
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* This unit size is calculated from property.ca data
Size
1645 sqft
Lot size
580.64 sqm
Street frontage
-
Possession
-
Price per sqm
$29,399
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®#: R2872837
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Property details
Parking:
2
Parking type:
Owned
Property type:
Other
Heating type:
-
Style:
-
MLS Size:
153 sqm
Lot front:
15.24 M
Lot depth:
38.1 M
Listed on:
Apr 19, 2024
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Rooms
LevelNameSizeFeatures
Flat
Bedroom
0.0 x 0.0 m
Flat
Bedroom
0.0 x 0.0 m
Anders Fung
Sales Representative
604-670-4741
© Property.ca Inc., Brokerage
MLS#: R2872837
Listed by RE/MAX Select Properties

About 324 W 12TH AVENUE

Located at 324 W 12th Avenue, this Vancouver freehold is available for sale. 324 W 12th Avenue has an asking price of $4498000, and has been on the market since April 2024. This 1645 sqft freehold has 1+1 beds and 2 bathrooms. 324 W 12th Avenue, Vancouver is situated in Mount Pleasant, with nearby neighbourhoods in Fairview, False Creek, Yaletown and South Cambie.

Want to dine out? There are plenty of good restaurant choices not too far from 324 W 12th Ave, Vancouver, like Trudy Ann's Chai, The Juice Caboose and It's All About Grill, just to name a few. Groceries can be found at Kiki's Delivery which is a short walk and you'll find IDA Cambie Pharmacy a 3-minute walk as well. IndustryWorks and Park Theatre are both in close proximity to 324 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 324 W 12th Ave, Vancouver.

If you are reliant on transit, don't fear, 324 W 12th Ave, Vancouver has a TransLink BusStop (Northbound Cambie St @ W 12 Ave) not far. It also has (Bus) route 015 Cambie/olympic Village Station, and (Bus) route N15 Downtown/cambie Nightbus close by. Broadway-City Hall Station Platform 2 Subway is also a 3-minute walk.

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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.