324 12th Avenue, Vancouver BC V5Y 1V2

Vancouver West, Mount Pleasant VW

2 bed

2 bath

1,645 sqft

Single Family Residence

Built in 1944

6,098 sqft lot

2 parking

Freehold NonStrata

RT-6 zone

Public remarks

Build a Six-Storey Rental Apartment revenue machine! Ideally located steps to the Canada Line, City Hall and all of the amazing offerings of Cambie Village. With the ability to acquire two consecutive 50'x125' lots which offers you a total lot size of 12,500sqft and with the new Broadway Plan zoning allows up to 2.7FSR which equates to 33,750sqft. This location offers high yielding rents from $4 and up to $5 per square foot. Your tenants will love the location with only 4 Blocks to Broadway City Hall and Canada Line , 1 Block to Vancouver City Hall, 2 Blocks to Cambie Village shopping, 5 Blocks to Whole Foods, 10 minute walk to VGH, 5 minute walk to Simon Fraser Elementary, 2 minute drive to Downtown. The current long-term tenants provide a income stream during the development planning.

Private remarks

Measurements taken from BC ASSESSMENT, buyer to verify if important. . Please don't walk the property without an appointment.

Buyer agency compensation

3.255% on the first $100,000 & 1.1625% on the balance.

Mount Pleasant VW Neighbourhood

324 12th Avenue Virtual Tour

$3,298,000 ($2,004/sqft)

Active

Listed

11/25/2024

Expiry date

Original price

Gross taxes (2023)

$8,602.28

Property transfer tax

$82,900.00

Last Updated: 11/25/2024 05:01 PM

Courtesy of RE/MAX Select Properties

324 12th Avenue Details

Above Grade Finished Area: 871
Appliances: Washer/Dryer, Dishwasher, Refrigerator, Cooktop
Architectural Style: Rancher/Bungalow w/Bsmt.
Basement: None
Bathrooms Full: 2
Bathrooms Half: 0
Bathrooms Total Integer: 2
Bedrooms Total: 2
Below Grade Finished Area: 774
Bridge Modification Timestamp: 2024-11-26T01:01:28.232Z
Building Area Total: 1645
Buyer Agency Compensation: 3.255% ON THE FIRST $100,000 & 1.1625% ON THE BALANCE.
City: Vancouver
Co List Agent Key: a8bcb9addc14d8b134d509271e8c225e
Co List Agent Key Numeric: 35478
Co List Agent MLS: V41532
Co List Office Key: 136f4414cd1e16d04a7b715796ef601b
Co List Office Key Numeric: 4624
Co List Office MLS: V005461
Community Features: Shopping Nearby
Construction Materials: Frame Wood, Mixed (Exterior)
Country: CA
Covered Spaces: 1
Electric On Property Yn: true
Expiration Date: 2025-05-25
Exterior Features: Private Yard
Feed Types: IDX, VOW
Fencing: Fenced
Flooring: Mixed
Foundation Details: Concrete Perimeter
Frontage Length: 50
Heating: Other
Heating Yn: true
Idx Participation Yn: true
Interior Features: Storage
Internet Address Display Yn: true
Internet Entire Listing Display Yn: true
Latitude: 49.2601
Laundry Features: In Unit
Levels: Two
List Agent Key: a79ff8c855568f8b643655adfb875d6c
List Agent Key Numeric: 29826
List Agent MLS: V33746
List Aor: Greater Vancouver
List Office Key: 136f4414cd1e16d04a7b715796ef601b
List Office Key Numeric: 4624
List Office MLS: V005461
List Price: 3298000
Listing Contract Date: 2024-11-25
Listing: R2946857
Listing Key: a833f85e4e6c37c0f3cc61310e0fa8a1
Listing Key Numeric: 262968484
Living Area: 1645
Longitude: -123.111752
Lot Features: Central Location, Lane Access, Private, Recreation Nearby
Lot Size Acres: 0.14
Lot Size Area: 6098.4
Lot Size Dimensions: 50 x 125
Lot Size Square Feet: 6098.4
Lot Size Units: Square Feet
Main Level Bathrooms: 1
MLS Area Major: Vancouver West
MLS Area Minor: Mount Pleasant VW
MLS Status: Active
Modification Timestamp: 2024-11-26T00:54:36.300Z
Original Entry Timestamp: 2024-11-26T00:51:10.400Z
Original List Price: 3298000
Originating System Name: GVR – FVREB – CADREB – BCNREB – Resi
Ownership: Freehold NonStrata
Parcel Number: 014565595
Parking Features: Other, Lane Access, Rear Access, Concrete
Parking Total: 2
Photos Change Timestamp: 2024-11-26T01:01:28.217Z
Photos Count: 21
Postal Code: V5Y 1V2
Property Sub Type: Single Family Residence
Property Type: Residential
Roof: Other
Room Bathroom2 Level: Basement
Room Bathroom Level: Main
Rooms Total: 2
Sewer: Public Sewer
Source System Key: 262968484
Standard Status: Active
State Or Province: BC
Status Change Timestamp: 2024-11-25T08:00:00.000Z
Stories: 2
Street Dir Prefix: W
Street Name: 12th
Street Number: 324
Street Suffix: Avenue
Structure Type: Residential Detached
Tax Annual Amount: 8602.28
Tax Legal Description: LOT 6, BLOCK I, PLAN VAP1530, DISTRICT LOT 526, GROUP 1, NEW WESTMINSTER LAND DISTRICT
Tax Year: 2023
Unparsed Address: 324 12th Avenue, Vancouver BC V5Y 1V2
Utilities: Electricity Connected, Water Connected
View Yn: true
Virtual Tour Url Branded: https://www.dropbox.com/scl/fo/3yqofsz4wvl1iw8zyvsny/h?dl=0&rlkey=1moq4e4vo8ck6m1xv2fqslgbf
Water Source: Public
Year Built: 1944
Zoning: RT-6

324 12th Avenue Assessment

324 12th Avenue History

Address	MLS®	Changed	List date	Status	List price	Close price	List agent	List office
324 12th Avenue	R2946857	11/25/2024 05:01 PM	11/25/2024	Active	$3,298,000	Login to view	Patrick Weeks PREC*	RE/MAX Select Properties
324 12th Avenue	R2885823	11/23/2024 12:25 AM	05/22/2024	Expired	$3,498,000	Login to view		RE/MAX Select Properties
324 12th Avenue	R2872837	05/22/2024 03:13 PM	04/19/2024	Terminated	$4,498,000	Login to view		RE/MAX Select Properties
324 12th Avenue	R2843683	04/19/2024 11:14 AM	01/22/2024	Terminated	$5,998,000	Login to view		RE/MAX Select Properties
324 12th Avenue	R2802404	01/23/2024 11:33 AM	07/26/2023	Terminated	$7,490,000	Login to view		RE/MAX Select Properties