1329 12th Ave E | $2,350,000
Sukhjinder Sadhre Prec* Agent Photo
Sukhjinder
Sadhre Prec*
MACDONALD REALTY WESTMAR

Richmond, BC
Canada V7C 5S7

Details

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Years (35 year max)
Years



Address 1329 12th Ave E
AreaVancouver East
Sub AreaVE Grandview Woodland
State/ProvinceBritish Columbia
CountryCanada
Price$2,350,000
Property TypeSingle Family
Bedrooms5
Bathrooms3
Floor Space2239 Square Feet
Lot Size0.09 Acres
Year Built1910
Parking2 Spaces, Open
Taxes $6,527
Tax Year2022
MLS® #R2913172

**Investor : Developer** Opportunity to acquire two high exposure full city lots 1329/1335 as part of a land assembly with the possible addition of two other lots situated on the Northeast corner of E 12th Ave and Clark Drive in Vancouver. Great location for a Nonprofit or fully rental opportunity aligning with the cities desire to increase housing stock. The subject property’s sit in the Grandview-Woodland Community Plan and are already zoned RM-11N Multiple Dwelling, allows for residential buildings up to 4 levels (up to 1.7 FSR). There is potential for increased density up to 6 levels based upon usage and guidance from the city (up to 3.0 FSR). Currently tenanted with good passive income. Please don't walk the property. Contact the listing agent for more information.


Listed by OAKWYN REALTY LTD.


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