324 W 12Th Avenue, Vancouver, BC, V5Y 1V2 - investment for sale | Listing ID C8064711

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Investment For Sale In Vancouver, British Columbia

$3,298,000

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

$3,298,000

Property Information:

Build a Six-Storey Rental Apartment revenue machine! Welcome to 324 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: 1944
Features: Lane
Lot Size: 6250.00 Square Feet
Utility Type: Hydro - Available, Sewer - Available
Zoning: RT-6
Sewer: Storm sewer

Courtesy of: RE/MAX Select Properties

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Location of 324 W 12TH AVENUE, Vancouver, British Columbia, V5Y 1V2

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

33 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

44/100

Moderate

ClimateCheck®

Current data

This property, 324 W 12TH AVENUE , experiences 7 hot days per year at around 27.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 30.4 degrees Celsius.

Projected Avg. Temperature

Past

27.1℃

2050

30.4℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

14 storms expected in 2050

96/100

High

ClimateCheck®

Current data

This property, 324 W 12TH AVENUE , experiences 13 significant 2-day storms per year, with about 612.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 710mm of precipitation per year.

Precipitation Per Storm

Past

612.8mm

2050

710mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 324 W 12TH AVENUE, Vancouver, British Columbia, V5Y 1V2

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$173,702.52

Average Number of Children

1.47

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

4.13 %

High school certificate or equivalent

18.47 %

Apprenticeship trade certificate/diploma

3.84 %

College/non-university certificate

13.79 %

University certificate (below bachelor)

2.4 %

University Degree

57.37 %

Commuter

Travel To Work

By Car

49.73 %

By Public Transit

18.01 %

By Walking

19.18 %

By Bicycle

12.61 %

By Other Methods

0.47 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

85.41 %

Houses

14.59 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Location of 324 W 12TH AVENUE, Vancouver, British Columbia, V5Y 1V2

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 324 W 12TH AVENUE, Vancouver, British Columbia, V5Y 1V2

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

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

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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