1260 E 12th Ave, Vancouver, BC, MLS® R3012530

$1,998,000
Est. Mortgage /mo

$1,998,000
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
2 Stories
lot 6357 sqft
2080 sqft
1910 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
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1260 E 12th Ave, Vancouver, BC | MLS® R3012530 Property Details

Attention Developers, Investors and Builders, located on the South West Corner of Clark Drive and East 12th Jovi Realty presents a 6300+sqft lot ready for your ideas. Currently tenanted month to month. Great multiplex site and also part of the Broadway plan allowing up to 12 storey under MRTD and 4 FSR for a Purpose Built Rental building and upto 6 storey and 2.7FSR under MRTA. Great location on a major arterial street, minutes from VCC, Commercial Drive and the DT core.

General Info

Price $1,998,000
Total Bedrooms 5
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2080
Lot Size 6357.09
Lot Size Depth Feet
Lot Size Frontage 50
Basement Partially Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1910
Age Of Building 115
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3012530
Area Vancouver East
Neighbourhood Mount Pleasant VE
City Vancouver
Gross Taxes $6,342.43
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Open, Lane Access
Total Parking Spaces 2

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Strata Restrictions -
Rental Restrictions -
Zoning RT5
Rental Suites -
# of Kitchens 3
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features No Outdoor Area
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Jovi Realty Inc. & Jovi Realty Inc.

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
Queen Alexandra Elementary School
3.97 km
Secondary
Vancouver Technical Secondary School
6.22 km

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
0.71 km
8/10
Excellent
Elementary, Secondary
Stratford Hall School
0.76 km
8.7/10
Excellent

Closest Transit

Bus Stop
Southbound Clark Dr @ E 12 Ave
0.13 km
Skytrain
Skytrain @ Vcc-Clark Stn
0.64 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 the vibrant Mount Pleasant neighborhood in Vancouver, BC, where I'd be delighted to guide you through the community surrounding 1260 E 12th Avenue, MLS® R3012530. As we stroll through this charming area, you'll discover a perfect blend of family-friendly features, convenient amenities, and a desirable lifestyle.

Let's start with the local schools. Queen Alexandra Elementary School, rated No Rating, is conveniently located just 3.97 km away from 1260 E 12th Avenue. Families love this area because of its proximity to quality education. Additionally, Vancouver Technical Secondary School, also rated No Rating, is 6.22 km from the property. If you're looking for a more specialized education, consider St.Joseph's School, an Elementary independent school with an impressive 8/10 rating, just 0.71 km from the property. For Secondary independent education, Stratford Hall School, with a stellar 8.7/10 rating, is also close by, just 0.76 km from 1260 E 12th Avenue.

Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), the neighbourhood surrounding 1260 E 12th Avenue has an average crime rate of 7,470.82, which is typical for a urban area. To put this into perspective, the neighbourhood has seen a decrease in crime rates by 14.94% year-over-year. Specifically, drug crime rates are average, with a rating of 229.49, and 1,604 incidents in 2020. Property crimes are above average, with a rating of 5,020.27 and 35,089 incidents in 2020. However, violent crime rates are below average, with a rating of 1,311.69 and 9,168 incidents in 2020.

Convenience is also a hallmark of this neighbourhood. Just a short 0.13 km away from 1260 E 12th Avenue, you'll find the Southbound Clark Dr @ E 12 Ave bus station, making public transportation easily accessible.

Now, let's dive into the demographics of this wonderful community. With 40.6% of the population holding a university certificate or degree, this neighbourhood is considered high compared to other BC neighbourhoods. On the other hand, 12.6% of the population have no certificate or degree, which is below average. The median household income is $70,869, which is average compared to the BC average. The median personal income is $33,385, also average compared to the BC average. Interestingly, 61.5% of households in this neighbourhood have a mortgage, which is average.

Unemployment rates in this area are low, at 4.7%, making it an attractive option for those looking for stable employment. Population growth in the area has been below average, with a -1% change between 2011 and 2016. However, the population density per square kilometre is high, at 8,246.1, making it a vibrant and bustling community.

The average family size in this neighbourhood is 2.8, which is below average compared to the region. However, 60% of families in this area have children, making it an attractive option for families. The average age of the population is 36.9, which is low compared to other BC cities.

Now, let's talk about housing. The average value of dwellings in this neighbourhood is $1,229,536, which is high compared to other areas in British Columbia. Owner payments are also high, with 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 53.7% of the population in this neighbourhood are renters, which is high compared to other BC cities.

Finally, let's talk about transportation. 29.4% of the population in this area use public transportation, which is high. 46.4% use cars, which is low. 15.5% use bicycles, which is high. And 6% of the population walk, which is above average.

In conclusion, 1260 E 12th Avenue, MLS® R3012530, is a fantastic opportunity to live in a vibrant community with a perfect blend of family-friendly features, convenient amenities, and a desirable lifestyle. Whether you're a family, a young professional, or simply looking for a place to call home, this property is sure to impress.

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 $1,998,000
Vancouver $2,550,322
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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