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!
General Info
MLS® #
R2885823
Taxes
$8,602 / 2023
Maintenance Fees
-
Property Type
House/Single Family
Dwelling Type
2 Storey,Rancher/Bungalow w/Bsmt.
Home Style
2 Storey,Rancher/Bungalow w/Bsmt.
Year Built
1944
Fin. Floor Areas
1645
Bedrooms
2
Bathrooms
2
Listed by RE/MAX Select Properties
Features
Clthwsh/dryr/frdg/stve/dw
Amenities
In Suite Laundry
Storage
MLS® Disclaimer for BC: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Maps (Google, Google Street View, Bing Areal View, Area Condos, Walk Score)
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