**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.
Address
1329 E 12TH AVENUE
List Price
$2,350,000
Property Type
Residential Detached
Type of Dwelling
House/Single Family
Style of Home
3 Storey w/Bsmt
Area
Vancouver East
Sub-Area
Grandview Woodland
Bedrooms
5
Bathrooms
3
Floor Area
2,239 Sq. Ft.
Lot Size
4026 Sq. Ft.
Year Built
1910
MLS® Number
R2913172
Listing Brokerage
Oakwyn Realty Ltd.
Basement Area
Full
Postal Code
V5N 2A1
Zoning
RM-11N
Tax Amount
$6,527.00
Tax Year
2022
Site Influences
Central Location, Recreation Nearby, Shopping Nearby