50 E 12th Avenue, Vancouver

$2,400,000

4 Beds
3 Baths
2,236 Sqft
.09 Acres

Attention Builders and Investors! SUPERB redevelopment potential. Less than 2 blocks West from Main Street and already zoned RM-4N (medium density multi-family) Land Assembly possible with 3 adjacent properties. Within the Broadway Skytrain Planning Corridor and less than 350 meters from a Skytrain station at Broadway and Main. The City considers higher densities within 350 meters. Conditional approval in RM-4N permits redevelopment up to 1.45 FSR plus HRA bonus - redevelope this lot by transforming the existing house into a Multiple Conversion Dwelling plus an infill Building: it's already been done on this block. Alternately, hold the property until the Broadway planning process is complete for possible higher densities. Land assembly opportunity: 3 very livable houses.

Essential Information
MLS® #R2398428
Price$2,400,000
Bedrooms4
Bathrooms3.00
Full Baths2
Half Baths1
Square Footage2,236
Acres0.09
Year Built1908
TypeResidential Detached
Sub-TypeHouse/Single Family
Style2 Storey w/Bsmt.
StatusActive
Community Information
Address50 E 12th Avenue
AreaVancouver East
SubdivisionMount Pleasant VE
CityVancouver
ProvinceBC
Postal CodeV5T 2G5
Amenities
ViewNorth Shore Mountains
Features

Clothes Washer/Dryer, Drapes/Window Coverings, Refrigerator, Stove

Interior
FireplaceYes
# of Fireplaces1
Listing Details
OfficeSutton Group-West Coast Realty
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Listing information last updated on March 28th, 2020 at 9:00pm CDT.