195 12TH Avenue, Vancouver, V5Y 1T6

$4,498,000
Active Listed 3 months ago

Details

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Beds
6

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Bath
5

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Built
1921

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Living Area
2917 SqFt.

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$/SqFt.

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Taxes
$10,121

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.

Mortgage



Downpayment
Rental Income
Monthly Mortgage Payment
Effective Monthly Mortgage Payment
Qualification Monthly Payment
Interest Rate
Qualification Interest Rate
Income Required
Qualification Annual Income Required
CMHC Fees
Amortization Period

Mortgages can be confusing. Got Questions? Call us 604-330-3784

Amenities

Garden In Suite Laundry Shared Laundry Storage

Features

Clothes Washer/Dryer ClthWsh/Dryr/Frdg/Stve/DW Drapes/Window Coverings Freezer Garage Door Opener Microwave Pantry Range Top Refrigerator Smoke Alarm

Site Influences

Central Location Lane Access Paved Road Private Yard Recreation Nearby Shopping Nearby

Property Information

MLS® # R2928943
Property Type Triplex
Dwelling Type Triplex
Kitchens Login to View
Year Built 1921
Parking Carport & Garage,DetachedGrge/Carport,Garage; Single
Tax $10,121 in 2024
Strata No VAP1530
Postal Code V5Y 1T6
Address 195 12TH Avenue
Subarea Mount Pleasant VW
City Vancouver
Listed By RE/MAX City Realty

Floor Area (sq. ft.)

Main Floor 1,235
Above 421
Below 1,261
Total 2,917
 

Location

Frequently Asked Questions About 195 12TH Avenue

What year was this home built in?

195 12TH Avenue, Vancouver, V5Y 1T6 was built in 1921.

How long has this property been listed for?

195 12TH Avenue, Vancouver, V5Y 1T6 was listed on 09/20/2024 by RE/MAX City Realty.

Is there a basement in this home?

Full,Fully Finished,Separate Entry.
Preferred Day
Are you working with a realtor?
Are you pre-approved for mortgage?

Our Team
Les Twarog
English, Polskie
Estelle Luoma
English
Bal Virk
English, ਪੰਜਾਬੀ
Gerry Kainth
English, ਪੰਜਾਬੀ
Fateh Boparai
English, ਪੰਜਾਬੀ

Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. - The advertising on this website is provided on behalf of the BC Condos & Homes Team - Re/Max Crest Realty, 300 - 1195 W Broadway, Vancouver, BC

Les Twarog

Contact: Les Twarog - RE/MAX Crest Realty

Call: 604-706-1760