
$2,758,000
Listed by: Royal Regal Realty Ltd. · MLS®
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.
MLS® #
R3176193
Status
Active
Type
Residential
Sub-type
Single Family Residence
Ownership
Freehold NonStrata
Bedrooms
10
Full Baths
4
Half Baths
2
Living Area
4,335 sqft
Main Floor
1,372 sqft
Basement
Yes
Lot Size
6,250 sqft
Lot Dimensions
50 x 125
Frontage
50
Year Built
1910
Age
116 years
Structure
Residential Detached
Parking Stalls
4
Parking Type
Open
Taxes
$10,985.7/yr
MLS® Area
Mount Pleasant VW
City
Vancouver
Postal Code
V5Y 1T8
Heating
Mixed
Exterior Features
Balcony
Coordinates: 49.260071, -123.110438 · Map data © Google
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Transit-Oriented Area — Tier 3
~440 m from Broadway — City Hall SkyTrain station
Provincial law requires the city to allow at least 3.0 FAR and 8 storeys for residential here — well above typical single-family zoning. Potential land-assembly interest from developers.
Multiplex potential: on a ~581 m² lot, BC’s small-scale housing law requires the municipality to allow at least 4 units (up to 6 near frequent transit), where it applies.
~440 m straight-line to Broadway — City Hall SkyTrain
Screening estimate from provincial regulations (TOA station points, B.C. Reg. 263/2023 & 265/2023; small-scale multi-unit housing rules). Distances are straight-line; actual TOA maps are set by municipal bylaw and some parcels (heritage, ALR, exempt areas) are excluded. Confirm with the municipality before relying on it.
Not in the Agricultural Land Reserve.
The listing’s flood plain disclosure is available to registered users. Create a free account or sign in.
ALR from the Agricultural Land Commission via DataBC (point check at the listing’s mapped location). Flood plain is the listing brokerage’s disclosure. Confirm both with the municipality and your lawyer.

$1,588,000
Mount Pleasant VW
MLS® R3174648 · Listed by Dracco Pacific Realty
Source: City of Vancouver Open Data
No permits found for this address in the open data registry.