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314 W 12TH Avenue, Vancouver, BC V5Y1V2
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$3,298,000
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Home Details for 314 W 12TH Avenue
Price
$3,298,000
Type
Multi Family
Year Build
1910
Sq. Ft.
2326
Lot Size
6250 sqft
Listing #
27682974
On exitrealty.com
283 days
Property 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. (id:31684)
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Listing Courtesy: RE/MAX Select Properties
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