236 W 12th Ave, Vancouver, BC V5Y 1T8
- $2,758,000
- 10
- BD
- 6
- BA
- 4,335
- SqFt
- List Price
- $2,758,000
- Status
- ACTIVE
- MLS® #
- R3165578
- Year Built
- 1910
- Subtype
- Other
- Stories
- 3
- Bedrooms
- 10
- Total baths
- 6
- Half baths
- 2
- Living Area
- 4,335
- Area
- Vancouver West
- Community
- Mount Pleasant VW
Property Description
Prime investment opportunity in the heart of Vancouver’s highly coveted Broadway Corridor. This exceptional multiplex property at 236 W 12th Avenue features 9 tenanted rental units, delivering substantial, immediate cash flow with estimated rent over $9000 per month. Positioned strategically within the City of Vancouver Broadway Plan, this asset represents a goldmine for forward-thinking investors, multi-family landlords, and developers looking to secure a high-yield property with future high-density assembly and redevelopment potential. For builders and developers, this is an elite land-banking play. Hold the asset, enjoy the lucrative monthly cash flow, and plan your next landmark project under the city's aggressive densification policies designed around the rapid transit corridor.
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Additional Information
- Lot Size
- 6,250
- Levels
- Three Or More
- Acres
- 0.14
- Region
- Vancouver West
- Title To Land
- Freehold NonStrata
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NOTE: 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.