1329 E 12th Avenue, Vancouver, BC V5N 2A1

$2,350,000
5
BD
3
BA
2,239
SqFt
List Price
$2,350,000
Status
ACTIVE
MLS® #
R2797420
Days on Market
236
Year Built
1910
Dwelling Type
House/Single Family
Style
3 Storey w/Bsmt
Stories
3
Bedrooms
5
Total baths
3
Living Area
2,239
Area
Vancouver East
Community
Grandview Woodland

Property Description

**Investor : Developer** Opportunity to acquire two high exposure full city lots 1329/1335 as part of a land assembly with the possible addition of two other lots situated on the Northeast corner of E 12th Ave and Clark Drive in Vancouver. Great location for a Nonprofit or fully rental opportunity aligning with the cities desire to increase housing stock. The subject property’s sit in the Grandview-Woodland Community Plan and are already zoned RM-11N Multiple Dwelling, allows for residential buildings up to 4 levels (up to 1.7 FSR). There is potential for increased density up to 6 levels based upon usage and guidance from the city (up to 3.0 FSR). Currently tenanted with good passive income. Please don't walk the property. Contact the listing agent for more information.

Additional Information

Lot Size
4,026
Site Influences
Central Location, Recreation Nearby, Shopping Nearby
Acres
0.09
Fireplaces
1
Basement Description
Full
Region
Vancouver East
Title To Land
Freehold NonStrata
Gross Taxes
6527.35
Tax Year
2022
Frontage
33
Depth
122

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty VanCentral

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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.