Prime investment opportunity in the heart of Vancouver’s highly coveted Broadway Corridor. This exceptional multiplex property at 236 W 12th Avenue features 9 tenanted rental units, delivering substantial, immediate cash flow with estimated rent over $9000 per month. Positioned strategically within the City of Vancouver Broadway Plan, this asset represents a goldmine for forward-thinking investors, multi-family landlords, and developers looking to secure a high-yield property with future high-density assembly and redevelopment potential. For builders and developers, this is an elite land-banking play. Hold the asset, enjoy the lucrative monthly cash flow, and plan your next landmark project under the city's aggressive densification policies designed around the rapid transit corridor.
| Basement Finished Area (sqft) | 675 |
|---|---|
| Basement Features | Finished, Exterior Entry |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Fireplace | 0 |
| Heating Type | Mixed |
| # of Kitchens | 5 |
| Flooring | Mixed, Other |
| Foundation | Concrete Perimeter |
| Exterior Features | Balcony |
|---|---|
| Roof | Asphalt |
| Structures | Multi Family |
| Price | $2,758,000 |
|---|---|
| Total Bedrooms | 10 |
| Total Bathrooms | 6 |
| Full Bathrooms | 4 |
| Half Bathrooms | 2 |
| Floor Area Total (sqft) | 4335 |
| Year Built | 1910 |
| Age Of Building | 116 |
| Building Type | Other |
| Property Type | Residential Income |
| Stories | 3 |
| Ownership Type | Freehold NonStrata |
| Utility Type | Electricity Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Open, Lane Access |
| Total Parking Spaces | 4 |
| Lot Size | 6250 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 50 |
| MLS® # | R3165578 |
| Area | Vancouver West |
| Neighbourhood | Mount Pleasant VW |
| City | Vancouver |
| Postal Code | V5Y 1T8 |
| Gross Taxes | $10,985.7 |
| Zoning | RT-6 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 15'11 x 15'11 ft |
| Main Level | Kitchen | 9'6 x 9'6 ft |
| Main Level | Bedroom | 16'9 x 16'9 ft |
| Main Level | Dining Room | 16'2 x 16'2 ft |
| Main Level | Kitchen | 16'2 x 16'2 ft |
| Main Level | Bedroom | 11'10 x 11'10 ft |
| Above Level | Bedroom | 16'3 x 16'3 ft |
| Above Level | Bedroom | 13'7 x 13'7 ft |
| Above Level | Bedroom | 15'6 x 15'6 ft |
| Abv Main 2 | Kitchen | 9'9 x 9'9 ft |
| Abv Main 2 | Kitchen | 8'7 x 8'7 ft |
| Basement Level | Bedroom | 10'11 x 10'11 ft |
| Basement Level | Bedroom | 12'10 x 12'10 ft |
| Main Level | Foyer | 11'2 x 11'2 ft |
| Main Level | Living Room | 17'10 x 17'10 ft |
| Above Level | Bedroom | 13'2 x 13'2 ft |
| Abv Main 2 | Bedroom | 15'10 x 15'10 ft |
| Abv Main 2 | Living Room | 12'2 x 12'2 ft |
| Abv Main 2 | Bedroom | 8'11 x 8'11 ft |
| Basement Level | Living Room | 12'10 x 12'10 ft |
| Basement Level | Kitchen | 8'5 x 8'5 ft |
| Basement Level | Den | 13'7 x 13'7 ft |
| Basement Level | Laundry | 16'7 x 16'7 ft |
| Basement Level | Mud Room | 9'3 x 9'3 ft |
| Basement Level | Storage | 17'4 x 17'4 ft |
| Basement Level | Utility | 11'2 x 11'2 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Above Main 2 | No | #4 |
Listed by: Royal Regal Realty Ltd. & Royal Regal Realty Ltd.
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
236 W 12th Avenue has a sell-speed score of 42/100, placing it in the "May take longer than the area average to sell" band. The listing is has limited comparable pricing data available. The local market is currently a Buyer's Market with a sales-to-active ratio of 9.2% and an area average of 67 days on market — buyers have more leverage. With only 542 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5Y 1T8, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~2.4 km). Annual avg AQHI 2.2 — Low Risk.
Vancouver currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.
Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
50 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Simon Fraser Elementary School |
Public |
Grades ServedK-7
|
Catchment InfoIn Catchment
|
Distance360 m
|
|
St.Patrick's Elementary School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance557 m
|
|
St.Patrick Regional Secondary School |
Independent |
Grades Served8-12
|
Catchment Info—
|
Distance595 m
|
|
St Patrick's |
Independent |
Grades Served—
|
Catchment Info—
|
Distance645 m
|
|
Blessed Sacrament School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance701 m
|
|
Edith Cavell Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance946 m
|
|
Eaton Arrowsmith School (Vancouver) Ltd |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.01 KM
|
|
Canada Royal Arts High School |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.07 KM
|
|
Florence Nightingale Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.16 KM
|
|
Mount Pleasant Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.24 KM
|
|
St Francis Xavier |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.31 KM
|
|
St. Francis Xavier |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance1.34 KM
|
|
David Livingstone Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.38 KM
|
|
False Creek Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.41 KM
|
|
False Creek Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.42 KM
|
|
General Wolfe Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.45 KM
|
|
Elsie Roy Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.61 KM
|
|
Emily Carr Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.64 KM
|
|
Columbia College |
Independent |
Grades Served11-12
|
Catchment Info—
|
Distance1.70 KM
|
|
Queen Alexandra Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.73 KM
|
|
Vancouver Talmud Torah Elementary School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance1.80 KM
|
|
St. Lawrence School |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.80 KM
|
|
Westside Montessori |
Independent |
Grades ServedK
|
Catchment Info—
|
Distance1.80 KM
|
|
The Westside School |
Independent |
Grades ServedK-9
|
Catchment Info—
|
Distance1.96 KM
|
|
Claren Academy |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.01 KM
|
|
VISST |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.05 KM
|
|
Charles Dickens Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.07 KM
|
|
Lowell High School |
Independent |
Grades Served10-12
|
Catchment Info—
|
Distance2.14 KM
|
|
General Brock Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.19 KM
|
|
Charles Dickens Annex |
Public |
Grades ServedK-3
|
Catchment Info—
|
Distance2.28 KM
|
|
Pattison High School |
Independent |
Grades Served9-12
|
Catchment Info—
|
Distance2.53 KM
|
|
Columbia Academy |
Independent |
Grades Served10-12
|
Catchment Info—
|
Distance2.54 KM
|
|
York House School |
Independent |
Grades ServedK-12
|
Catchment Info—
|
Distance2.55 KM
|
|
Century High School |
Independent |
Grades Served10-12
|
Catchment Info—
|
Distance2.57 KM
|
|
Little Flower Academy |
Independent |
Grades Served8-12
|
Catchment Info—
|
Distance2.65 KM
|
|
Lord Strathcona Community Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.66 KM
|
|
Sino Bright School BC |
Independent |
Grades Served10-12
|
Catchment Info—
|
Distance2.69 KM
|
|
Sir Richard McBride Annex |
Public |
Grades ServedK-3
|
Catchment Info—
|
Distance2.73 KM
|
|
Shaughnessy Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.74 KM
|
|
Tyee Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.75 KM
|
|
Alexander Academy |
Independent |
Grades Served8-12
|
Catchment Info—
|
Distance2.76 KM
|
|
Secondaire Jules-Verne |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.77 KM
|
|
Rose-des-vents |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.84 KM
|
|
Lord Tennyson Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.84 KM
|
|
St.Joseph's School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance2.85 KM
|
|
Madrona School |
Independent |
Grades ServedK-9
|
Catchment Info—
|
Distance2.86 KM
|
|
Franklin School |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.86 KM
|
|
Sir Richard McBride Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.98 KM
|
|
Stratford Hall School |
Independent |
Grades ServedK-12
|
Catchment Info—
|
Distance2.99 KM
|
|
Stratford Hall |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.99 KM
|
Calculate your commute
236 W 12th Ave, Vancouver, BC is ideally located for commuters. The property is 0.4 km from Broadway-City Hall, with a 15 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Cambie St @ W 12 Ave (0.33 km). Walk Score Transit rating: Excellent Transit (82/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $2,807,000 | $223,000 | $3,030,000 |
+3.1%
|
| 2025 | $2,718,153 | $220,000 | $2,938,153 |
+9.3%
|
| 2024 | $2,466,000 | $221,000 | $2,687,000 |
+4.1%
|
| 2023 | $2,365,000 | $215,000 | $2,580,000 |
+3.8%
|
| 2022 | $2,199,000 | $287,000 | $2,486,000 | — |
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