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37 days on Market

195 W 12TH AVENUE, Vancouver, British Columbia V5Y1T6

Detached
6
5
~2917 sqft
$3,999,000
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Detached
6
5
~2917 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,370/sqft

Est. Mortgage$17,174/mo

Tax Amount ()-

Days On Market37 days

Description

CASH COW says moo-moo-mooney! INVESTOR ALERT! Rare opportunity to own a CORNER LOT 50 x 112 in the highly sought after Mt. Pleasant west neighbourhood. Situated within the Broadway plan, this property has great outlook for multiplex development or assembly for major high-rise redevelopment. Or simply sit on this gold mine & flip the property in the future, while generating massive gross rent of $135,600+ /year! Consider AirBnB options and put this cash cow on steroids. By being so close to Cambie/Broadway commercial retails, services, Canada line station and VGH, this property is always in demand. Very well kept building with excellent tenants. Extensive renovations in 2017 & further improvements in 2020. Classified as a Multi-family conversion with 4 meters & 3 addresses. (id:39198)

Property Details

StyleHouse, Detached
View-
Age of property1921
SqFt~2917 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberR2928942
Community NameMount Pleasant
Data SourceCREA
Listing byRE/MAX City Realty

Features

Heating: Baseboard heaters, Hot Water
Basement: Full (Finished), Separate entrance

Parking

Garage spaces 4

Garage type -

Other parking spaces 0

Total parking spaces 4

Property listed by RE/MAX City Realty, Brokerage
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Population and Demographics

Overview

Total population 34561
Average household income $150,378

Age (%)

20 to 34
34%
35 to 49
28%
50 to 64
15%
0 to 19
11%
65 and plus
11%

Household composition (%)

Single person
48%
Single family
43%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
76%
Yue (Cantonese)
5%
Others
4%
Mandarin
3%
Spanish
3%
Tagalog (Pilipino, Filipino)
2%
French
2%
Japanese
1%

House tenancy (%)

Renters
60%
Owners
40%

Schools and amenities

Estimated Budget

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