324 W 12TH AVENUE Active

Vancouver,BC V5Y1V2

$ 3298000

2 Beds

2 Baths

1645 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,645 sqft

Price per Sqft $2,004

MLS Listing ID R2946857

Style 2 Level

Bedrooms 2

Year Built 1944

Lot Size 6,250 Sqft

Property Description

Build a Six-Storey Rental Apartment revenue machine! 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 income stream during the development planning. (id:24570)

Location

Province BC

Exterior

Parking Features No

View Y/N Yes

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