An exceptional opportunity to acquire two consecutive 50'x125' 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 and 150' of frontage, there is potential to construct an impressive 5.5 FSR 18-story tower spanning over 100,000 square feet with impressive views of downtown, mountains and ocean. Bluechip investment & holding properties!
Data was last updated October 6, 2024 at 12:10 PM (UTC)
Area Statistics
Listings on market:
704
Avg list price:
$4,680,000
Min list price:
$375,000
Max list price:
$49,800,000
Avg days on market:
75
Min days on market:
2
Max days on market:
2,007
Avg price per sq.ft.:
$1,336.45
These statistics are generated based on the current listing's property type
and located in
Vancouver West. Average values are
derived using median calculations.
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