**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 |
R2797420 |
| Listing Brokerage |
Keller Williams Realty VanCentral
|
| Basement Area |
Full |
| Postal Code |
V5N 2A1 |
| Zoning |
RM-11N |
| Tax Amount |
$6,527 |
| Tax Year |
2022 |
| Site Influences |
Central Location, Recreation Nearby, Shopping Nearby |
