36,000 sqft lot
Freehold NonStrata
P-6,CS zone
Public remarks
6 lot land assembly, potential for a High-rise or low-rise. $16,990,000 for the 6 lots. Current Gross income is $7,500 a month over 6 properties. Approximately 36,000 sf of land assembled as a near perfect square with 200' of frontage on 12th street and 180' depth. Seller has gone through Pre-application review for a high-rise. Can share plans upon request. Site is good for low-rise or high-rise. Addresses as follows: 1212 fourth Avenue, 1208 fourth Avenue, 338 Twelfth Street, 334 Twelfth Street, 332 Twelfth Street, and 319 Mcphaden Street.
Private remarks
Site is good for either a high-rise or low-rise. Site generates $7,500 a month gross income currently.
Buyer agency compensation
1%
$16,990,000
Active
Listed
06/11/2025
Expiry date
Original price
Gross taxes (2025)
$52,243.63
Property transfer tax
$767,500.00
Last Updated: 06/11/2025 10:01 PM
Courtesy of Macdonald Commercial Real Estate Services Ltd.
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
332 Twelfth Street | R3014222 | 06/11/2025 10:01 PM | 06/11/2025 | Active | $16,990,000 | Login to view | Allen Liaw PREC* | Macdonald Commercial Real Estate Services Ltd. |