314 W 12th Avenue, Vancouver

$4,498,000

4 Beds
3 Baths
2,326 Sqft
1910

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.

Property Details
Price$4,498,000
Year Built1910
TypeResidential Detached
Sub-TypeHouse/Single Family
Style2 Storey w/Bsmt.
Finished Levels3
Main Floor966 sqft
Total Size2,326 sqft
Bedrooms4
Full Baths3
BasementFull
Title to LandFreehold NonStrata
Additional Information
MLS® #R2872831
Address314 W 12th Avenue
SubdivisionMount Pleasant VW
AreaVancouver West
ProvinceBC
Listing OfficeRE/MAX Select Properties
Amenities and Features
AmenitiesIn Suite Laundry, Storage
FeaturesClothes Washer/Dryer/Fridge/Stove/DW
Parking Spaces4
ParkingOther
Site InfluencesCentral Location, Lane Access, Private Setting, Private Yard, Recreation Nearby, Shopping Nearby
ViewCity/Mountains
HeatingOther
Lot Size
Lot Area6,250 sqft
Frontage50 ft
Depth125 ft
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Listing information last updated on May 6th, 2024 at 3:00am PDT.