1329 E 12th Avenue, Vancouver

$2,350,000

5 Beds
3 Baths
2,239 Sqft
.09 Acre
0 Garage

**Investor : Developer** Opportunity to acquire two high exposure full city lots 1329/1335 as part of a land assembly with the possible addition of two other lots situated on the Northeast corner of E 12th Ave and Clark Drive in Vancouver. Great location for a Nonprofit or fully rental opportunity aligning with the cities desire to increase housing stock. The subject property’s sit in the Grandview-Woodland Community Plan and are already zoned RM-11N Multiple Dwelling, allows for residential buildings up to 4 levels (up to 1.7 FSR). There is potential for increased density up to 6 levels based upon usage and guidance from the city (up to 3.0 FSR). Currently tenanted with good passive income. Please don't walk the property. Contact the listing agent for more information.

Essential Information
MLS® #R2797420
Price$2,350,000
Bedrooms5
Bathrooms3.00
Full Baths3
Square Footage2,239
Acres0.09
Year Built1910
TypeResidential Detached
Sub-TypeHouse/Single Family
Style3 Storey w/Bsmt
StatusActive
Community Information
Address1329 E 12th Avenue
AreaVancouver East
SubdivisionGrandview Woodland
CityVancouver
ProvinceBC
Postal CodeV5N 2A1
Amenities
Parking Spaces2
ParkingOpen
Interior
HeatingForced Air
FireplaceYes
# of Fireplaces1
Office

Keller Williams Realty VanCentral

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Listing information last updated on May 20th, 2024 at 10:30am PDT.