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314 W 12TH AVENUE
VANCOUVER,BC V5Y 1V2 | | MOUNT PLEASANT VW
$ 7,490,000
72
0
Bathrooms
3
Bedrooms
4
Floor Area
2,326 Sqf
Kitchens
0
Detail
MLS®
R2802385
Listing type
House/Single Family
PID
014-565-617
Zoning
RT-6
Age
113
Frontage
50
Lot Size
6,250Sqf
Year Built
1910
Basement
-
Depth
125
Title to land
Freehold NonStrata
Total floors
3
Property type
Residential Detached
Fireplace
-
Gross Taxes for 2022
$ 0
Outdoor area
Fenced Yard
Legal Description
LOT 7, BLOCK I, PLAN VAP1530, DISTRICT LOT 526, NEW WESTMINSTER LAND DISTRICT
Summary
An exceptional opportunity to acquire three consecutive 50' x 125' lots located within the Broadway Corridor Plan, offering immense development potential. The properties, located at 314 West 12th, 324 West 12th Avenue and 2811 Alberta Street, are currently held as long-term investment properties with outstanding tenants. Located just a block from city hall and 2 blocks from Cambie Village these A-1 located properties have excellent Development Potential: The Broadway Corridor Development Plan allows for significant redevelopment possibilities on this site. With the approval of the City of Vancouver, there is potential to construct an impressive 5.5 Floor Space Ratio (FSR) 18-story tower spanning over 100,000 square feet with impressive views of downtown, mountains and ocean.
Location on Map
School Nearby

Listing Agents

Seva Roberts
Personal Real Estate Corporation
604-602-1111
RE/MAX Crest Realty
604-602-1111

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Fair market value of interest in property being transferred :
$1000
General property transfer tax(1% of the fair market value up to and including $200,000):
$ 100.00
General property transfer tax(2% of the fair market value greater than $200,000 up to and including $2,000,000):
$ 100.00
General property transfer tax(3% of the fair market value portion over $2,000,000):
$ 100.00
Further 2% on residential property over $3,000,000(2% on residential property over $3,000,000 amount):
$ 100.00
Additional property transfer tax:
$ 100.00
Total property transfer tax payable:
$ 100.00
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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 assume no responsibility for its accuracy.

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