$3,490,000

W 195 12 Avenue, Vancouver, BC V5Y 1T6

MLS® R3177924

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.

Property

Property type

Residential

Style

Single Family Residence

Structure

Residential Detached

Year built

1,921

Age

105 years

Ownership

Freehold NonStrata

Levels

Two

Interior

Bedrooms

6

Bathrooms

5

Full bathrooms

5

Half bathrooms

0

Living area

2,917 sq ft

Main floor finished area

1,235 sq ft

Basement

Full, Finished, Exterior Entry

Laundry

In Unit, Common Area

Interior features

Storage

Systems

Heating

Baseboard, Hot Water, Natural Gas

Lot and parking

Lot size

5,600 sq ft

Lot dimensions

50 x 112

Parking spaces

4

Parking

Detached, Garage Single, Lane Access, Rear Access

Garage spaces

1

Carport spaces

Yes

Strata and restrictions

Strata fee

No

Age restriction

No

Costs

Annual property tax

$13,547

Tax year

2,026

Land lease

No

Location

Area

Vancouver West

Neighbourhood

Mount Pleasant VW

Waterfront

No

Exterior features

Garden, Balcony