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.
Address
236 W 12th Avenue
List Price
$2,758,000
Property Type
Residential Income
Type of Dwelling
Other
Structure Type
Multi Family
Transaction Type
Sale
Area
Vancouver West
Sub-Area
Mount Pleasant VW
Bedrooms
10
Bathrooms
6
Half Bathrooms
2
Floor Area
4,335 Sq. Ft.
Main Floor Area
1372
Lot Size
6250 Sq. Ft.
Lot Size Dimensions
50 x 125
Lot Size (Acres)
0.14 Ac.
Lot Size Units
Square Feet
Total Building Area
4335
Frontage Length
50
Year Built
1910
MLS® Number
R3165578
Listing Brokerage
Royal Regal Realty Ltd.
Basement Area
Finished, Exterior Entry
Postal Code
V5Y 1T8
Zoning
RT-6
Ownership
Freehold NonStrata
Parking
Open, Lane Access
Parking Places (Total)
4
Tax Amount
$10,985.70
Tax Year
2026
Site Influences
Balcony
Exterior Features
Balcony
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Mixed
Levels
Three Or More
Number Of Floors In Property
3
Security Features
Fire Sprinkler System, No Smoke Detector(s)
