$2,758,000

236 W 12TH AVENUE

Vancouver BC V5Y 1T8 - Mount Pleasant VW
10 bd
5 ba
4,335 sqft
Built 1910

About This Property

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…

Features

Balcony
Open
Lane Access
Room measurements26 rooms
Living RoomMain · 15'3 × 15'11
KitchenMain · 9'2 × 9'6
BedroomMain · 5'3 × 16'9
Dining RoomMain · 7' × 16'2
KitchenMain · 4' × 16'2
BedroomMain · 10'1 × 11'10
BedroomAbove · 10'11 × 16'3
BedroomAbove · 10'1 × 13'7
BedroomAbove · 14'8 × 15'6
KitchenAbv Main 2 · 3'11 × 9'9
KitchenAbv Main 2 · 8'0 × 8'7
BedroomBsmt · 10'8 × 10'11
BedroomBsmt · 7'4 × 12'10
FoyerMain · 10'11 × 11'2
Living RoomMain · 13'11 × 17'10
BedroomAbove · 12'2 × 13'2
BedroomAbv Main 2 · 10'8 × 15'10
Living RoomAbv Main 2 · 7'11 × 12'2
BedroomAbv Main 2 · 7'4 × 8'11
Living RoomBsmt · 7'4 × 12'10
KitchenBsmt · 6'10 × 8'5
DenBsmt · 7'3 × 13'7
LaundryBsmt · 14'3 × 16'7
Mud RoomBsmt · 5'5 × 9'3
StorageBsmt · 5'3 × 17'4
UtilityBsmt · 10'5 × 11'2

Property Details

MLS NumberR3165578
Property TypeOther
Bedrooms10
Bathrooms5
Square Feet4,335
Lot Size6,250 sqft
Year Built1910
HeatingMixed
Days on Market8
StatusActive
Listed ByRoyal Regal Realty Ltd.

School Catchment

Elementary Fraser
Secondary Hamber

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,200,000Median home value
$84,000Median household income
33%Owner-occupied
3.4%Single-detached homes
1.8Avg household size
36.8Median age
64.5%Bachelor's degree or higher (25-64)
69.5%Commute under 30 min
49%Drive to work
24.3%Foreign-born residents
6,284Neighbourhood population

Age

Under 15: 9.5%15 to 64: 79%65 and over: 11.5%
  • Under 159.5%
  • 15 to 6479%
  • 65 and over11.5%

Household size

  • 1 person47.2%
  • 236.6%
  • 39.6%
  • 45.1%
  • 5 or more1.4%

Language spoken at home

73.5% English mother tongue

  • French2.4%
  • Cantonese2.3%
  • English + other2.3%
  • Mandarin2.2%
  • Spanish2%
  • Tagalog1.5%
  • All others13.8%

Mother tongue, share of 6,275 residents.

How this pocket differs

  • fewer seniors 65+ than Vancouver West 11.5% vs 16.8%
  • notably fewer 5+ person households than Vancouver West 1.4% vs 3.5%
  • fewer 4-person households than Vancouver West 5.1% vs 7.6%

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Land & Development

Lot size6,246 sqft
Lot dimensions50 × 124 ft
Lot shapeRectangular
Transit-oriented potential (Bill 47 / TOA)
Transit areaTier 3within 800 m of a station
Max density3 FAR
Max height8 storeys
Est. buildable~18,677 sqft
Nearest stationBroadway-City Hall Station423 m away

Within a provincially designated Transit-Oriented Area, this lot may support up to 3 FAR / 8 storeys regardless of base zoning. Provincial minimums and approximate — municipal rezoning, servicing and parking standards still apply.

Approximate lot lines (ParcelMap BC)

Zoning, lot dimensions and grade are approximate, from public data, and for reference only — verify with the City / Township of Langley before relying on them.

Monthly Cost Calculator

Estimated monthly cost $14,136
Mortgage payment$12,946
Property tax$916
Home insurance$275
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Sep 18

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