314 12th Ave W | $3,498,000
Vishey Singh - Prec Agent Photo
Vishey
Singh - Prec
TEAM 3000 REALTY LTD.

Langley, BC
Canada V3A 4E6

Details

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Years (35 year max)
Years



Address 314 12th Ave W
AreaVancouver West
Sub AreaVW Mount Pleasant
State/ProvinceBritish Columbia
CountryCanada
Price$3,498,000
Property TypeSingle Family
Bedrooms4
Bathrooms3
Floor Space2326 Square Feet
Lot Size0.14 Acres
Year Built1910
Parking4 Spaces, Other
Taxes $7,293
Tax Year2023
MLS® #R2885760

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!


Listed by RE/MAX SELECT PROPERTIES


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