Business
10 Bedrooms
6 Bathrooms
Size: 4,335 sqft
Built in 1910
$2,758,000
About this Business in Mount Pleasant VW
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 pr…operty 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..
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 Sylvia Fierro 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.
More Details
- MLS®: R3165578
- Bedrooms: 10
- Bathrooms: 6
- Type: Business
- Size: 4,335 sqft
- Lot Size: 6,250 sqft
- Frontage: 50.00 ft
- Full Baths: 4
- Half Baths: 2
- Taxes: $10985.7
- Parking: Open, Lane Access (4)
- Basement: Finished, Exterior Entry
- Storeys: 3 storeys
- Year Built: 1910
Contact Sylvia now to get started with your next move!
604.351.8417
Mount Pleasant VW, Vancouver West
Mount Pleasant stretches from Cambie Street to Clark Drive and from Great Northern Way and 2nd to 16th and Kingsway. This area is served by the Canada Line SkyTrain and has easy access to Downtown and the Vancouver International Airport. Boasting roots dating back as far as 1888, this delightful neighbourhood offers character homes over a century year old as well as modern dwellings that will sweep you off your feet.