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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.
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Three Or More Levels
Ownership:
Freehold NonStrata
Year built:
1910 (Age: 116)
Living Area:
4,335 sq. ft.403 m2
Building Area - Total:
4,335 sq. ft.403 m2
Levels:
Three Or More
Bedrooms:
10 (Above Grd: 8)
Bathrooms:
6.0 (Full:4/Half:2)
Taxes:
$10,985.7 /
2026
Lot Area:
6,250 sq. ft.581 m2
Lot Frontage:
50'15.2 m
Lot Details:
50 x 125
Outdoor Area:
Balcony
Plan:
VAP1530
Construction Materials:
Frame Wood, Stucco, Wood Siding
No. Floor Levels:
3.0
Floor Area Fin - Above Main:
1,508 sq. ft.140 m2
Floor Area Fin - Above Main 2:
780 sq. ft.72.5 m2
Floor Area Fin - Main:
1,372 sq. ft.127 m2
Floor Area Fin - Total:
4,335 sq. ft.403 m2
Patio And Porch Features:
Patio, Deck
Parking Features:
Open
Parking:
Open
Parking Total/Covered:
4 / 0
Balcony
2
Age Restrictions:
No
Tax Utilities Included:
false
Fixtures Removed Description:
Tenants possessions
Home Owners Association:
No
Land Lease:
No
Utilities:
Electricity Connected, Water Connected
Electricity:
Yes
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Stucco exterior featuring an arched covered porch, wood-framed elevated deck, gabled roofline, and leaded glass window detailing
Data was last updated October 16, 2026 at 11:40 PM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$1,349,000
Min list price:
$695,000
Max list price:
$4,300,000
Avg days on market:
31
Min days on market:
3
Max days on market:
317
Avg price per sq.ft.:
$1,058.67
These statistics are generated based on the current listing's property type
and located in Mount Pleasant VW. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
When comparing Properties for Sale, consider more than the asking price. Property condition, age, renovations, lot size, strata fees and location can all affect value. Reviewing similar Sold Homes can provide a useful benchmark, although differences in features, condition and market timing should also be considered.
Recently Sold Properties and MLS Sold Listings can help buyers identify neighbourhood pricing trends and compare recent transactions with current asking prices. Sold prices reflect completed negotiations, but they don’t necessarily reveal a property’s condition or the terms of the sale.
For guidance on evaluating a property before purchasing, visit our Buying a Home guide.