324 W 12th Ave, Vancouver, BC | MLS^® R2946857 Property Details

Build a Six-Storey Rental Apartment revenue machine! Ideally located steps to the Canada Line, City Hall and all of the amazing offerings of Cambie Village. With the ability to acquire two consecutive 50'x125' lots which offers you a total lot size of 12,500sqft and with the new Broadway Plan zoning allows up to 2.7FSR which equates to 33,750sqft. This location offers high yielding rents from $4 and up to $5 per square foot. Your tenants will love the location with only 4 Blocks to Broadway City Hall and Canada Line , 1 Block to Vancouver City Hall, 2 Blocks to Cambie Village shopping, 5 Blocks to Whole Foods, 10 minute walk to VGH, 5 minute walk to Simon Fraser Elementary, 2 minute drive to Downtown. The current long-term tenants provide a income stream during the development planning.

General Info

Price $3,298,000

Total Bedrooms 2

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 1645

Lot Size 6250

Lot Size Depth Feet

Lot Size Frontage 50

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1944

Age Of Building 81

Building Type Single Family Residence

Property Type Residential

Architecture Style Rancher/Bungalow w/Bsmt.

Stories 2

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS^® # R2946857

Area Vancouver West

Neighbourhood Mount Pleasant VW

City Vancouver

Gross Taxes $8,602.28

Ownership Type Freehold NonStrata

Maintenance Fee -

Community Features Shopping Nearby

Heating & Cooling

Fireplace -

Heating Type Other

Utilities

Utility Type Electricity Connected, Water Connected

Utility Sewer Public Sewer

Water (WaterSource) Public

Parking

Parking Type Other, Lane Access, Rear Access, Concrete

Total Parking Spaces 2

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Strata Restrictions -

Rental Restrictions -

Zoning RT-6

Rental Suites -

Laundry In Unit

# of Kitchens 0

Flooring Mixed

Foundation Concrete Perimeter

Interior Features Storage

Locker -

View Description City/Mountain

Units In Development -

Exterior Features Private Yard

Sewer Public Sewer

Roof Other

Property History

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Status	Date	Price

Listed by: RE/MAX Select Properties & RE/MAX Select Properties

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

Simon Fraser Elementary School

Average

0.41 km

5.9/10

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

Private Schools

Elementary

Blessed Sacrament School

0.61 km

9.2/10

Excellent

Secondary

St. John's International

0.37 km

Closest Transit

Bus Stop

Northbound Cambie St @ W 12 Ave

0.24 km

Skytrain

Skytrain @ Broadway-City Hall Stn

0.36 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

324 W 12th Avenue is serviced by Simon Fraser Elementary School. The property with listing MLS^® R2946857 is located 0.41 km from the school. Simon Fraser Elementary School has a rating of Rating 5.9/10.

The closest Elementary independent school to this home for sale located at 324 W 12th Avenue is Blessed Sacrament School with School's rating Rating 9.2/10, located 0.61 km from this home.

The closest to this address 324 W 12th Avenue Secondary independent school is St. John's International with School's rating No Rating, located 0.37 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 324 W 12th Avenue, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS^® R2946857 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 324 W 12th Avenue are Above Average. Property misconduct rating adjacent to MLS^® R2946857 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Northbound Cambie St @ W 12 Ave in 0.24 km away from this listing with - MLS^® R2946857.

54.7% of people with university certificate/degree live in this neighbourhood adjacent to the 324 W 12th Avenue which is High in comparison with other BC neighbourhoods. 3.5% of population in this neighbourhood that is near the Listing MLS^® R2946857 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 324 W 12th Avenue, Vancouver, BC is $67191 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS^® R2946857 is $43577 which is High in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 66% which is Above Average.

Unemployment rate in the area around Real Estate Listing # R2946857 is 4.6 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 324 W 12th Avenue Mount Pleasant VW where population change between 2011 and 2016 was 4.7%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 324 W 12th Avenue, Vancouver, BC is 8254.2 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 324 W 12th Avenue is 2.4. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS^® R2946857 is 36.6% and it is Low. % of Married or living common law is around 49.7% and it is Below Average.

Average age of the population close to the 324 W 12th Avenue is 38.8 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 324 W 12th Avenue, Vancouver, BC is $1031327 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 324 W 12th Avenue. $1830 owners spent in average for the dwelling. Tenants are paying $1246 in this district close to MLS^® R2946857 and it is Above Average comparing to other cities.

70.3% of Population in this district near the 324 W 12th Avenue are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 324 W 12th Avenue, Vancouver, BC is 16.7%, it is Above Average, % of English speakers only is 82.3% and Below Average. % of French speakers adjacent to 324 W 12th Avenue only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 324 W 12th Avenue, Vancouver, BC is 0.8% and it is Average comparing to other BC cities.

28.4% of all population in the area around this property with the address 324 W 12th Avenue, Vancouver, BC using Public Transport which is High, 39.4% of using population are using Cars around MLS^® R2946857, which is Low. 13.1% of people using Bicycles around the 324 W 12th Avenue and it is High. 17.7% of population are walking which is High

Floor	Type	Dimensions
Main Level	Bedroom	0'0 x 0'0 ft
Basement Level	Bedroom	0'0 x 0'0 ft

Floor	Ensuite	Pieces
Main Level	No	#3
Basement	No	#3

324 W 12th Ave, Vancouver, BC, MLS^® R2946857