195 W 12th Ave, Vancouver, BC V5Y 1T6

$3,490,000
6
BD
5
BA
2,917
SqFt

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List Price
$3,490,000
Status
ACTIVE
MLS® #
R3177924
Year Built
1921
Subtype
Single Family Residence
Stories
2
Bedrooms
6
Total baths
5
Living Area
2,917
Area
Vancouver West
Community
Mount Pleasant VW

Property Description

INVESTOR ALERT! Rare opportunity to own a CORNER LOT 50 x 112 in the highly sought after Mt. Pleasant west neighborhood. Prime location - situated within the Broadway plan, this property has great outlook for multiplex development or assembly for major high-rise redevelopment. Or simply sit on this gold mine & flip the property in the future, while generating massive gross rent! Also consider AirBnB options! By being so close to Cambie/Broadway commercial retails, services, Canada line station and VGH, this property is always in demand. Very well kept building with excellent tenants. Extensive renovations in 2017 & further improvements in 2020. Classified as a Multi-family conversion with 4 meters & 3 addresses.

Additional Information

Lot Size
5,600
Levels
Two
Acres
0.13
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.