About 236 W 12th Avenue
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.
Features of 236 W 12th Avenue
| MLS® # | R3165578 |
|---|---|
| Price | $2,758,000 |
| Bedrooms | 10 |
| Bathrooms | 6.00 |
| Full Baths | 4 |
| Half Baths | 2 |
| Square Footage | 4,335 |
| Acres | 0.14 |
| Year Built | 1910 |
| Type | Residential Income |
| Sub-Type | Other |
| Status | Active |
| Title To Land | Freehold NonStrata |
Community Information
| Address | 236 W 12th Avenue |
|---|---|
| Area | Vancouver West |
| Subdivision | Mount Pleasant VW |
| City | Vancouver |
| Province | BC |
| Postal Code | V5Y 1T8 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Open, Lane Access |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Washer/Dryer, Dishwasher, Refrigerator, Stove |
|---|---|
| Heating | Mixed |
| Fireplace | No |
| # of Stories | 3 |
| Stories | Three Or More |
| Heating | Mixed |
Exterior
| Exterior Features | Balcony |
|---|---|
| Construction | Frame Wood, Stucco, Wood Siding |
Additional Information
| Days on Website | 5 |
|---|---|
| Taxes | $10,985.70 |
| Area | 6,250.00 Sq. Ft. |
| Frontage | 50.00 |
| Depth | 50 x 125 |
Listing Details
| Office | Royal Regal Realty Ltd. |
|---|