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1329 E12TH AVENUE, Vancouver, British Columbia

1329 E12TH AVENUE, Vancouver, British Columbia

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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.

Property Details
Property Type : Residential Detached
Type of Dwelling : House/Single Family
Style of Home : 3 Storey w/Bsmt
Listing Type : For Sale
MLS ID : R2797420
Price : C$2,350,000
Status : Active
Year Built : 1910
Bedrooms : 5
Bathrooms : 3
Square Footage : 2,239 Sqft
Lot Area : 4,026 Sqft
Area : Vancouver East
Sub-Area : Grandview Woodland
City : Vancouver
Province : British Columbia
Postal Code : V5N 2A1
Features
Heating System : Forced Air
Parking : 2
Additional Information
Title to Land : Freehold NonStrata
Age : 114
Frontage - Feet : 33
For Tax Year : 2022
Gross Taxes : 6527.35
Listing Office : Keller Williams Realty VanCentral
Source : Real Estate Board of Greater Vancouver
Residential Detached For Sale
  • MLS ID : R2797420
  • Bedrooms : 5
  • Bathrooms : 3
  • Square Footage : 2,239 Sqft
C$2,350,000
Contact Me for More Info
Todd Johnson
Sutton West Coast Realty
301 - 1508 West Broadway, Vancouver B.C
Contact Agent