324 12TH AVENUE
Mount Pleasant VW, Vancouver, BC

Active
$4,498,000
Listed By: RE/MAX Select Properties
Listed 1 week ago

Details

Beds
2
Bath
2
Built
1944
Living Area
1645 SqFt.
Lot Size
6250 SqFt.
Frontage
50.00 Feet
Depth
125 Feet

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.

Amenities
In Suite Laundry Storage

Features

ClthWsh/Dryr/Frdg/Stve/DW

Site Influences

Central Location Lane Access Private Setting Private Yard Recreation Nearby Shopping Nearby

Location

Technical Information

MLS® # R2872837
Property Type House
Dwelling Type House/Single Family
Home Style 2 Storey,Rancher/Bungalow w/Bsmt.
Year Built 1944
Parking Other
Strata No VAP1530

Floor Area (sq. ft.)

Main Floor 871
Basement 774
Total 1,645

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Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouve and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.