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

$3,298,000

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:60850)

Property Details

MLS® Number	C8064710
Property Type	Multi-family
Features	Lane
Road Type	Paved Road

Building

Amenities	Street Lighting
Constructed Date	1910
Size Interior	2,326 Ft2

Land

Acreage	No
Sewer	Septic System, Storm Sewer
Size Irregular	6250
Size Total	6250 Sqft
Size Total Text	6250 Sqft
Zoning Description	Rt-6

Utilities

Electricity	Available
Sewer	Available

https://www.realtor.ca/real-estate/27682974/314-w-12th-avenue-vancouver