314 W 12TH AVENUE, Vancouver, British Columbia, V5Y 1V2

$3,298,000

MLS® # C8064710

Investment For Sale In Vancouver, British Columbia

$3,298,000

Property Information:

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. (id:27)

Building Features:

  • Style: Multiplex
  • Amenities: Street Lighting

Property Features:

  • Property Type: Multi-family
  • Built in: 1910
  • Features: Lane
  • Lot Size: 6250.00 Square Feet
  • Road Type: Paved road
  • Utility Type: Sewer - Available, Hydro - Available
  • Zoning: RT-6
  • Sewer: Septic System, Storm sewer

Courtesy of: RE/MAX Select Properties

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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