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195 W 12TH Avenue
Mount Pleasant VW Vancouver V5Y 1T6

$4,498,000
Multifamily beds: 6 baths: 5.0 2,917 sq. ft. built: 1921

Front of the house
Photo 1: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
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Status:
Active
Prop. Type:
Multifamily
MLS® Num:
R2928943
Bedrooms:
6
Bathrooms:
5
Year Built:
1921
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.
Property Type:
Multifamily
Dwelling Type:
Triplex
Year built:
1921 (Age: 103)
Total area:
2,917 sq. ft.
Total Floor Area:
2,917 sq. ft.
Main Floor Area:
1,235 sq. ft.
No. Floor Levels:
3.0
Bedrooms:
6 (Above Grd: 6)
Bathrooms:
5.0 (Full:5/Half:0)
Taxes:
$10,120.7 / 2024
Lot Area:
5,600 sq. ft.
Lot Frontage:
50'
Lot Depth:
112
Outdoor Area:
Balcony(s), Fenced Yard, Patio(s)
Basement:
Full, Fully Finished, Separate Entry
Parking Total/Covered:
4 / 4
Title to Land:
Freehold NonStrata
Clothes Washer/Dryer, Clothes Washer/Dryer/Fridge/Stove/Dishwasher, Drapes/Window Coverings, Freezer, Garage Door Opener, Microwave, Pantry, Range Top, Refrigerator, Smoke Alarm
Garden, In Suite Laundry, Shared Laundry, Storage
Reno / Year:
Other / 2020
  • Photo 1: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    Front of the house
  • Photo 2: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    195 w 12 (upper unit) - living room
  • Photo 3: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    195 w 12 (upper unit) - living room
  • Photo 4: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    195 w 12 (upper unit) - dining / kitchen
  • Photo 5: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    195 w 12 (upper unit) - kitchen
  • Photo 6: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    195 w 12 (upper unit) - in unit laundry
  • Photo 7: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    195 w 12 (upper unit) - master bedroom
  • Photo 8: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    195 w 12 (upper unit) - primary bedroom
  • Photo 9: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    195 w 12 (upper unit) - flex space by primary bedroom
  • Photo 10: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    195 w 12 (upper unit) - primary bathroom ensuite
  • Photo 11: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    195 w 12 (upper unit) - secondary bedroom
  • Photo 12: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    195 w 12 (upper unit) - secondary bedroom
  • Photo 13: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    195 w 12 (upper unit) - 3rd bedroom or flex space / home office
  • Photo 14: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    195 w 12 (upper unit) - secondary bathroom
  • Photo 15: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    2750 (garden unit) - living room
  • Photo 16: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    2750 (garden unit) - dining room
  • Photo 17: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    2750 (garden unit) - living room
  • Photo 18: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    2750 (garden unit) - living room
  • Photo 19: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    2750 (garden unit) - dining room
  • Photo 20: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    2750 (garden unit) - living, dining, kitchen room
  • Photo 21: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    2750 (garden unit) - kitchen
  • Photo 22: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    2750 (garden unit) - bedroom
  • Photo 23: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    2750 (garden unit) - bathroom
  • Photo 24: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    2770 (garden unit) - living room
  • Photo 25: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    2770 (garden unit) - kitchen
  • Photo 26: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    2770 (garden unit) - kitchen
  • Photo 27: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    2770 (garden unit) - living room / dining room
  • Photo 28: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    2770 (garden unit) - kitchen / living room / dining room
  • Photo 29: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    2770 (garden unit) - kitchen / living room / dining room
  • Photo 30: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    2770 (garden unit) - kitchen / living room / dining room
  • Photo 31: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    2770 (garden unit) - kitchen / living room / dining room
  • Photo 32: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    2770 (garden unit) - bedroom
  • Photo 33: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    2770 (garden unit) - bathroom
  • Photo 34: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    floor plan for entire building
  • Photo 35: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    from Columbia St
  • Photo 36: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    Photo 36 of 39
  • Photo 37: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    entry area for main unit
  • Photo 38: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    entry area for garden units
  • Photo 39: 195 W 12TH Avenue, Vancouver - Mount Pleasant VW
    Photo 39 of 39
Listed by RE/MAX City Realty
Data was last updated October 4, 2024 at 04:40 AM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$3,639,000
Min list price:
$1,900,000
Max list price:
$7,250,000
Avg days on market:
158
Min days on market:
1
Max days on market:
1,158
Avg price per sq.ft.:
$1,260.44
These statistics are generated based on the current listing's property type and located in Vancouver West. Average values are derived using median calculations.
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BC properties for sale - Real Estate Basics

When you are planning to buy a property for sale, you should consider your lifestyle and budget, as well as how much you want to be involved in home maintenance. Here are some important considerations in selecting a home from the properties for sale:

Always have a Home Inspection done on the property!

If the home is less then 10 years old, check the Home Warranty provided for the property.

If the property is part of a Strata Corporation, it is very important to read and understand all the Strata documents, to determine the strata status before making a purchase decision.

These are the most common docs:

  • Current Form B
  • Bylaws & Rules
  • Strata Minutes including AGM, SGM
  • Rental Disclosure Statement
  • Engineering Reports
  • Depreciation Reports
  • Current Financial Statements
  • Insurance Certificate

If the home was built before 1990 it is important for you to know about the health risks associated with asbestos. See more details about asbestos in our Home Renovations blog page.

The location is always extremely important! You should consider the time you lose commuting to your work, the schools that are in the neighbourhood, access to amenities, shopping, parks, etc. You should also sick information about the Radon levels in the area & home. Radon might be a health issue if the level present in your home is higher. Find more information on our Radon blog page.

Before completing a transaction on a property, check the Property Ownership Types available in British Columbia.

Make sure you a know about the programs and incentives available for First Time Home Buyers if you are one!

If you are buying a property that is tenanted, check the different rules that apply for Tenant Occupied Properties.

Find other important information you have to know when you are buying a property on our Real Estate Blog Pages.

To learn about Consumer Protection in BC Real Estate Market visit BCFSA (BC Financial Services Authority).

You should also check the prices for the recently Sold homes/ properties/ real estate in your neighbourhood! You can find them searching on the Communities pages or searching Residential by Map All MLS ® Sold Listings are available!