Description:
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.
Amenities:
In Suite Laundry,Storage
Provided By:
RE/MAX Select Properties
| Address | 314 W 12TH AVENUE | ||
|---|---|---|---|
| MLS ® # | R2872831 | Price | $4,498,000 |
| Area | Vancouver West | Community | Mount Pleasant |
| Taxes | $0.00 (2022) | Mnt Fee | $ |
| Type | House/Single Family | Prop Style | Residential Detached |
| Bdr | 4 | Baths | 3 |
| Sqft | 2326 | Age | 114 |
| Frontage | 50.00 | Lot Depth | 125 |
