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324 W 12th Avenue Vancouver, British Columbia V5Y 1V2

2 Bedroom 2 Bathroom 1645 sqft
2 Level

$3,498,000

An exceptional opportunity to acquire three consecutive 50' x 125' 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, there is potential to construct an impressive 5.5 Floor Space Ratio (FSR) 18-story tower spanning over 100,000 square feet with impressive views of downtown, mountains and ocean. (id:52726)

Property Details

MLS® Number R2885823
Property Type Single Family
Amenities Near By Recreation, Shopping
Features Central Location, Private Setting
Parking Space Total 2
View Type View

Building

Bathroom Total 2
Bedrooms Total 2
Amenities Laundry - In Suite
Appliances All
Architectural Style 2 Level
Constructed Date 1944
Construction Style Attachment Detached
Fireplace Present No
Size Interior 1645 Sqft
Type House

Parking

Other

Land

Acreage No
Land Amenities Recreation, Shopping
Size Frontage 50 Ft
Size Irregular 6250
Size Total 6250 Sqft
Size Total Text 6250 Sqft

https://www.realtor.ca/real-estate/26928851/324-w-12th-avenue-vancouver

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