6 bed
4 bath
3,272 sqft
Quadruplex
Built in 1946
5,662 sqft lot
5 parking
Freehold NonStrata
RT-6 R zone
Public remarks
Seize the chance to own this income-generating property with significant future development potential. This legally zoned fourplex is situated on a 5,733 sq ft corner lot in the coveted Mount Pleasant neighborhood, designated as RT-6 zoning. This property presents an excellent opportunity to hold a revenue-generating asset now and consider building later, capitalizing on the development-friendly RT-6 zoning in the desirable Mount Pleasant area. Its combination of location, recent upgrades, and future development potential makes it a standout investment in Vancouver's real estate market.
Private remarks
All measurements are approximate, to be verified by Buyer/Buyers Agent if important. 53 & 57 W.12th Ave are available as well making this a great opportunity for a developer!
Buyer agency compensation
3.22% (first $100,000) & 1.15% (on the balance)
$4,100,000 ($1,253/sqft)
Active
Listed
01/08/2025
Expiry date
Original price
Gross taxes (2024)
$7,771.04
Property transfer tax
$123,000.00
Last Updated: 01/11/2025 09:19 PM
Courtesy of Century 21 Coastal Realty Ltd.
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
93 12th Avenue | R2954598 | 01/11/2025 09:19 PM | 01/08/2025 | Active | $4,100,000 | Login to view | Randy Kandola | Century 21 Coastal Realty Ltd. |