79 W 12TH AVENUE, Vancouver, BC, V5Y 1T4


MLS® no R2641426 Subarea: Mount Pleasant VW Listed Price:
$4,998,000
Basement: Full Maintenance: N/A
Bedrooms 3 Bathrooms 2
Lot Size: 5,700 sqft Size 1,400 sqft
Age: 77 Taxes: $8,068 in 2021
Listing Provided by:   RE/MAX Crest Realty
   
  Description: Buy land they said- especially in the Heart of Vancouver! Potential for Land assembly with lots next door to build either a 4 or 6 story market rental housing or other type of assembly. Under a new pending policy, rental buildings up to six storeys may also be allowed on low-density residential zoning along arterial streets, with the stipulation that at least 20% of the residential floor area be dedicated to below-market rental housing. The City of Vancouver is moving more quickly on housing options and these projects may not need to go through the typical time consuming rezoning applications. Land value only!
 



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