314 W 12th Avenue, Vancouver - 4 beds, 3 baths - For Sale Richmond Townhouses for Sale

Ada Tse

Multiple Realty Ltd.

Phone: 604-218-7555

Email: [email protected]

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314 W 12th Avenue

Vancouver, BC, V5Y 1V2

MLS® #: R2872831

4 Beds

3 Bath/s

2326 SqFt

1910 Built

$4,498,000

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Description

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 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.