Build a Six-Storey Rental Apartment revenue machine! Welcome to 314 West 12th Ideally located steps to the Canada Line, City Hall and all of the amazing offerings of Cambie Village. With the ability to acquire two consecutive 50'x125' lots which offers you a total lot size of 12,500sqft and with the new Broadway Plan zoning allows up to 2.7FSR which equates to 33,750sqft. This location offers high yielding rents from $4 and up to $5 per square foot. Your tenants will love the location with only 4 Blocks to Broadway City Hall and Canada Line , 1 Block to Vancouver City Hall, 2 Blocks to Cambie Village shopping, 5 Blocks to Whole Foods, 10 minute walk to VGH, 5 minute walk to Simon Fraser Elementary, 2 minute drive to Downtown. The current long-term tenants provide a stable income stream during the development planning process.
Data was last updated December 22, 2024 at 04:10 PM (UTC)
Area Statistics
Listings on market:
582
Avg list price:
$4,980,000
Min list price:
$350,000
Max list price:
$49,800,000
Avg days on market:
102
Min days on market:
2
Max days on market:
2,084
Avg price per sq.ft.:
$1,359.06
These statistics are generated based on the current listing's property type
and located in
Vancouver West. Average values are
derived using median calculations.
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