195 12th Ave W | $4,498,000
Denny Fok Prec* Agent Photo
Denny
Fok Prec*
P. (604) 439-2266
Phone Denny
RE/MAX CITY REALTY

Vancouver, BC
Canada V5R 5T5

Details

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Years (35 year max)
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Address 195 12th Ave W
AreaVancouver West
Sub AreaVW Mount Pleasant
State/ProvinceBritish Columbia
CountryCanada
Price$4,498,000
Property TypeSingle Family
Bedrooms6
Bathrooms5
Floor Space2917 Square Feet
Lot Size0.13 Acres
Year Built1921
Parking4 Spaces, Carport & Garage, Det.Grge/Carport, Garage; Single
Taxes $10,120
Tax Year2024
MLS® #R2928942

CASH COW says moo-moo-mooney! INVESTOR ALERT! Rare opportunity to own a CORNER LOT 50 x 112 in the highly sought after Mt. Pleasant west neighbourhood. Situated within the Broadway plan, this property has great outlook for multiplex development or assembly for major high-rise redevelopment. Or simply sit on this gold mine & flip the property in the future, while generating massive gross rent of $135,600+ /year! Consider AirBnB options and put this cash cow on steroids. By being so close to Cambie/Broadway commercial retails, services, Canada line station and VGH, this property is always in demand. Very well kept building with excellent tenants. Extensive renovations in 2017 & further improvements in 2020. Classified as a Multi-family conversion with 4 meters & 3 addresses.

Location

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Data Source: Statistics Canada
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