$2,758,000
About this House
Prime investment opportunity in the heart of Vancouver’s highly coveted Broadway Corridor. This exceptional multiplex property at 236 W 12th Avenue features 9 tenanted rental units, delivering substantial, immediate cash flow with estimated rent over $9000 per month. Positioned strategically within the City of Vancouver Broadway Plan, this asset represents a goldmine for forward-thinking investors, multi-family landlords, and developers looking to secure a high-yield property with future high-density assembly and redevelopment potential. For builders and developers, this is an elite land-banking play. Hold the asset, enjoy the lucrative monthly cash flow, and plan your next landmark project under the city's aggressive densification policies designed around the rapid transit corridor.
Listed by Royal Regal Realty Ltd..
Brought to you by your friendly REALTORS® through the MLS® System,
courtesy of BrixWork for Realtors for your convenience.
Disclaimer: 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 Real Estate
Board of Greater Vancouver which assumes no responsibility for its accuracy.
Features
- MLS®: R3176193
- Type: House
- Building: 236 W 12th Avenue, Vancouver West
- Bedrooms: 10
- Bathrooms: 6
- Square Feet: 4,335 sqft
- Lot Size: 6,250 sqft
- Frontage: 50.00 ft
- Full Baths: 4
- Half Baths: 2
- Title: Freehold NonStrata
- Taxes: $10985.7
- Parking: Open (4)
- Basement: Finished
- Storeys: 3 storeys
- Year Built: 1910
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