324 12TH Avenue, Vancouver, V5Y 1V2

$3,498,000
Active Listed 1 month ago

We Sell Your Property in 30 days or we will sell it for FREE.
  Request An Evaluation ->

Details

svg_bed

Beds
2

svg_bathroom

Bath
2

svg_built-year

Built
1944

svg_living

Living Area
1645 SqFt.

svg_lotsize

Lot Size
6250 SqFt.

svg_frontage

Frontage

svg_depth

Depth
125 Feet

Description

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!

Commission Details

Login to View

History

Amenities

In Suite Laundry Storage

Features

ClthWsh/Dryr/Frdg/Stve/DW

Site Influences

Central Location Lane Access Private Setting Private Yard Recreation Nearby Shopping Nearby

Property Information

MLS® # R2885823
Property Type House
Dwelling Type House/Single Family
Home Style 2 Storey,Rancher/Bungalow w/Bsmt.
Year Built 1944
Parking Other
Tax $8,602 in 2023
Strata No VAP1530
Postal Code V5Y 1V2
Address 324 12TH Avenue
Subarea Mount Pleasant VW
City Vancouver
Listed By RE/MAX Select Properties

Floor Area (sq. ft.)

Main Floor 871
Basement 774
Total 1,645

Location

Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
05/22/2024 This Property 2 2 0 $3,498,000 Login to View 32 2 1944 1,645 sqft 6,250 sqft
05/22/2024

314 W 12th Avenue

4 3 0 $3,498,000 Login to View 32 3 1910 2,326 sqft 6,250 sqft
03/08/2024

387 W 13th Avenue

13 11 6 $3,988,000 Login to View 107 3 1912 5,017 sqft 6,250 sqft
Date Address Bed Bath Kitchen Asking Price Sold Price $/Sqft DOM Levels Built Living Area Lot Size
05/06/2024

2227 Alberta Street

3 3 2 Login to View Login to View (-0.6%) Login to View 6 3 1905 1,991 fds 1,675 fds
01/06/2024

43 W 11th Avenue

7 4 3 Login to View Login to View (-7.0%) Login to View 75 4 1908 3,261 fds 3,782 fds
Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
1 day ago

20 W 14th Avenue

3 2 0 $2,500,000 Login to View 2 3 1901 2,258 sqft 3,050 sqft
4 days ago

421 W 15th Avenue

4 2 1 $2,388,000 Login to View 6 3 1981 1,935 sqft N/A
5 days ago

510 2888 Cambie Street

0 1 1 $639,000 Login to View 6 1 2017 483 sqft N/A
1 week ago

233 W 15th Avenue

3 3 1 $2,699,000 Login to View 9 3 2024 1,609 sqft N/A
1 week ago

363 W 16th Avenue

3 3 1 $2,188,000 Login to View 12 2 2024 1,515 sqft N/A
2 weeks ago

202 111 W 10th Avenue

1 1 1 $650,000 Login to View 19 1 1981 589 sqft N/A
2 weeks ago

312 238 W Broadway

2 2 1 $998,000 Login to View 19 1 2016 787 sqft N/A
4 weeks ago

305 428 W 8th Avenue

2 2 1 $1,269,000 Login to View 32 2 1999 1,103 sqft N/A
1 month ago

314 W 12th Avenue

4 3 0 $3,498,000 Login to View 32 3 1910 2,326 sqft 6,250 sqft
1 month ago

1 122 W 12th Avenue

3 4 2 $1,699,000 Login to View 55 3 2007 1,604 sqft N/A

Frequently Asked Questions About 324 12TH Avenue

324 12TH Avenue, Vancouver, V5Y 1V2 was built in 1944.
324 12TH Avenue, Vancouver, V5Y 1V2 was listed on 05/22/2024 by RE/MAX Select Properties.
324 12TH Avenue, Vancouver, V5Y 1V2 does not have an air conditioner.
The lot is 50.00 feet wide.
The lot at 324 12TH Avenue, Vancouver, V5Y 1V2 is 125 feet deep.
324 12TH Avenue, Vancouver, V5Y 1V2 is located in rt-6 zoning.
324 12TH Avenue, Vancouver, V5Y 1V2 is a city/mountain facing lot.
324 12TH Avenue, Vancouver, V5Y 1V2 has 2 parking spots.
324 12TH Avenue, Vancouver, V5Y 1V2 does not come with a garage.
You can access the parking from Lane & Rear at 324 12TH Avenue, Vancouver, V5Y 1V2.
324 12TH Avenue, Vancouver, V5Y 1V2 is connected to Electricity,Water.
Sales Specialist
[email protected]

Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. - The advertising on this website is provided on behalf of the BC Condos & Homes Team - Re/Max Crest Realty, 300 - 1195 W Broadway, Vancouver, BC