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Listing Details

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Data was last updated 2024-04-22 at 21:08:53 GMT

324 W 12TH AVENUE   Vancouver, BC

$4,498,000
MLS®: R2872837
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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.

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.

Listing Information

Prop. Type:
House/Single Family
Property Style:
2 Storey, Rancher/Bungalow w/Bsmt.
Status:
Active
City:
Vancouver
Bedrooms:
2
Full Bathrooms:
2
Neighborhood:
Mount Pleasant VW
Area:
Vancouver West
Province:
BC
MLS® Number:
R2872837
Added On:
Apr 19, 2024
Listing Price:
$4,498,000

General Information

Year Built:
1944
Flr Area Fin - Total:
1645 ft2
Floor Area Finish - Main Floor:
871 ft2
Tax Year:
2022
Lot Size (sqft):
6250.00 ft2
Lot Size (Acres):
0.14
Frontage:
50.00 ft2
Total Square Feet:
1645ft2

Additional Information

Basement Area:
None

Other Information

Site Influences:
ClthWsh/Dryr/Frdg/Stve/DW
Amenities:
In Suite Laundry, Storage

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This property is listed by RE/MAX Select Properties and provided here courtesy of Darryl Balkau. For more information or to schedule a viewing please contact Darryl Balkau.
Darryl Balkau
Sutton Group-West Coast (W.R.)
Phone: 604-538-8888
Inquire Via Email
The data relating to real estate on this web site comes in part from the MLS Reciprocity program of the Real Estate Board of Greater Vancouver and the Fraser Valley Real Estate Boards. Real estate listings held by participating real estate firms are marked with the MLS logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver and the Fraser Valley Real Estate Board neither of which assume any responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver and/or the Fraser Valley Real Estate Board.