INVESTOR ALERT! Rare opportunity to own a CORNER LOT 50 x 112 in the highly sought after Mt. Pleasant west neighbourhood. Prime location - situated within the Broadway plan, this property has great outlook for multiplex development or assembly for major high-rise redevelopment. Or simply sit on this gold mine & flip the property in the future, while generating massive gross rent of $135,600+ /year! Also consider AirBnB options! By being so close to Cambie/Broadway commercial retails, services, Canada line station and VGH, this property is always in demand. Very well kept building with excellent tenants. Extensive renovations in 2017 & further improvements in 2020. Classified as a Multi-family conversion with 4 meters & 3 addresses.
Address
195 W 12 Avenue
List Price
$3,880,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
Vancouver West
Sub-Area
Mount Pleasant VW
Bedrooms
6
Bathrooms
5
Floor Area
2,917 Sq. Ft.
Main Floor Area
1235
Lot Size
5600 Sq. Ft.
Lot Size Dimensions
50 x 112
Lot Size (Acres)
0.13 Ac.
Lot Size Units
Square Feet
Total Building Area
2917
Frontage Length
50
Year Built
1921
MLS® Number
R3089718
Listing Brokerage
RE/MAX City Realty
Basement Area
Full, Finished, Exterior Entry
Postal Code
V5Y 1T6
Zoning
RES
Ownership
Freehold NonStrata
Parking
Detached, Garage Single, Garage Door Opener
Parking Places (Total)
4
Tax Amount
$11,900.70
Tax Year
2025
Site Influences
Balcony, Garden
Exterior Features
Garden, Balcony
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove, Freezer, Microwave, Range Top
Interior Features
Storage, Pantry
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Baseboard, Hot Water, Natural Gas
Garage
Yes
Garage Spaces
1
Carport
Yes
Laundry Features
In Unit, Common Area
Levels
Two
Number Of Floors In Property
2
Window Features
Window Coverings
Security Features
Smoke Detector(s)
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