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314 W 12th Avenue Vancouver, British Columbia V5Y 1V2

4 Bedroom 3 Bathroom 2326 sqft
2 Level

$3,498,000

An exceptional opportunity to acquire two consecutive 50'x125' 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 and 150' of frontage, there is potential to construct an impressive 5.5 FSR 18-story tower spanning over 100,000 square feet with impressive views of downtown, mountains and ocean. Bluechip investment & holding properties! (id:58426)

Property Details

MLS® Number R2885760
Property Type Single Family
AmenitiesNearBy Recreation, Shopping
Features Central Location, Private Setting
ParkingSpaceTotal 4
ViewType View

Building

BathroomTotal 3
BedroomsTotal 4
Amenities Laundry - In Suite
Appliances All
ArchitecturalStyle 2 Level
BasementDevelopment Unknown
BasementFeatures Unknown
BasementType Full (unknown)
ConstructedDate 1910
ConstructionStyleAttachment Detached
SizeInterior 2326 Sqft
Type House

Parking

Other

Land

Acreage No
LandAmenities Recreation, Shopping
SizeFrontage 50 Ft
SizeIrregular 6250
SizeTotal 6250 Sqft
SizeTotalText 6250 Sqft

https://www.realtor.ca/real-estate/26928843/314-w-12th-avenue-vancouver

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Patrick Weeks
PREC*, Roch & Weeks Real Estate Group


RE/MAX Select Properties
6158 East Boulevard
Vancouver, British Columbia V6M 3V6

Devin Roch
PREC*, Roch & Weeks Real Estate Group


RE/MAX Select Properties
6158 East Boulevard
Vancouver, British Columbia V6M 3V6