1222 E 12th Ave, Vancouver, BC, MLS® R3077396

$2,495,000
Est. Mortgage /mo

$2,495,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
5 Beds
3 Baths
3 Stories
lot 6350 sqft
3271 sqft
1911 built
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Map
Street view
Schools
Crime
Commute
Shop & Eat

1222 E 12th Ave, Vancouver, BC | MLS® R3077396 Property Details

Completely renovated “down to the studs” 3-suite investment property in Vancouver’s sought-after Mount Pleasant neighbourhood. Improved on an extra-large 50’ × 127’ lot, the building’s comprehensive renovation program was completed in August 2020 to a tasteful, yet durable standard inside and out. Suites are similarly appointed featuring contemporary high-end design such as ash-coloured laminate flooring, LED lighting throughout, open/bright extra-large living spaces/bedrooms, gourmet kitchens with brand new cabinetry, modern appliance packages and beautifully finished bathrooms. There is ample private/shared outdoor space for each unit with a partially covered multi-carport in the rear plus a paved laneway. Perfect for an investor OR end user with future development potential!

General Info

Price $2,495,000
Total Bedrooms 5
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 3271
Lot Size 6350
Lot Size Depth Feet
Lot Size Frontage 50
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1911
Age Of Building 115
Building Type Other
Property Type Residential Income
Architecture Style 3 Storey
Stories 3
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Multi Family

Additional Details

MLS® # R3077396
Area Vancouver East
Neighbourhood Mount Pleasant VE
City Vancouver
Gross Taxes $8,286.32
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 0
Heating Type Baseboard, Electric

Utilities

Utility Type Community, Electricity Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Carport Multiple, Lane Access
Total Parking Spaces 5

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Strata Restrictions -
Rental Restrictions -
Zoning RT-5
Rental Suites Other
# of Kitchens 3
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features Balcony, Private Yard
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Dexter Realty & Goodman Commercial & Goodman Commercial

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Elementary
Charles Dickens Annex
1.07 km
Elementary
Charles Dickens Elementary School
Average
0.55 km
5.2/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St.Joseph's School
0.67 km
8/10
Excellent
Elementary, Secondary
Stratford Hall School
0.74 km
8.7/10
Excellent

Closest Transit

Bus Stop
Southbound Clark Dr @ E 12 Ave
0.1 km
Skytrain
Skytrain @ Vcc-Clark Stn
0.68 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to 1222 E 12th Avenue, a vibrant community in Vancouver, BC

As your trusted realtor, I'm delighted to guide you through the unique features of this charming neighborhood. Located in the heart of Vancouver, this property offers an exceptional blend of convenience, beauty, and lifestyle. With its MLS® listing number R3077396, this home is a gem that you won't want to miss.

Education:

Charles Dickens Elementary School, a highly-rated institution with a 5.2/10 rating, is just 0.55 km away from this beautiful property. The school's proximity, combined with its excellent reputation, makes it an attractive option for families. Just down the road, you'll find St. Joseph's School, an independent elementary school with a 8/10 rating, located 0.67 km from this address. For secondary education, Stratford Hall School, a highly-rated independent school with an 8.7/10 rating, is only 0.74 km away.

Safety:

According to the latest crime statistics from Statistics Canada (2020), the neighborhood surrounding 1222 E 12th Avenue, Vancouver, BC has an average crime rate of 7,470.82 incidents per 100,000 population. This is comparable to other Canadian cities. While there have been some incidents, the rate has decreased by 14.94% over the years, indicating a relatively safe community.

Demographics:

With a population of 8246.1 people per square kilometer, this community is considered high-density. The median household income is $70,869, which is average compared to other British Columbia neighborhoods. The percentage of families with children is 60%, which is average, while the average family size is 2.8, which is below average. The area is also relatively young, with an average age of 36.9 years, which is lower than other BC cities.

Lifestyle Amenities:

This neighborhood offers a range of lifestyle amenities, including:

  • Proximity to Charles Dickens Elementary School (0.55 km)
  • Access to St. Joseph's School (0.67 km)
  • Nearby Stratford Hall School (0.74 km)
  • Southbound Clark Dr @ E 12 Ave bus station (0.1 km away)
  • Parks, beaches, and trails for outdoor enthusiasts
  • A variety of shopping malls, grocery stores, restaurants, and coffee shops
  • Easy access to major highways and public transportation

Real Estate Context:

The average value of dwellings in this neighborhood is $1,229,536, which is high compared to other areas in British Columbia. The average owner payments are also high, with owners spending an average of $1,780 per month. Tenants, on the other hand, pay an average of $1,226 per month, which is above average. A significant percentage of the population (53.7%) are renters, which is high compared to other BC cities.

Unemployment and Growth:

The unemployment rate in this area is 4.7%, which is low compared to other province neighborhoods. The population change between 2011 and 2016 was -1%, which is below average.

Transportation:

This community is well-connected, with 29.4% of the population using public transportation, which is high. Only 46.4% use cars, which is low, while 15.5% use bicycles, which is high. 6% of the population walks, which is above average.

Conclusion:

As you can see, 1222 E 12th Avenue, Vancouver, BC (MLS® R3077396) offers a unique blend of education, safety, demographics, lifestyle amenities, and real estate context. If you're looking for a vibrant community with plenty of options, this property is an excellent choice. Contact me today to schedule a viewing and make this property your dream home.

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $2,495,000
Vancouver No comparables
Mount Pleasant VE No comparables
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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