1/693 W 12TH AVENUE, Vancouver
93 W 12TH AVENUE, Vancouver, BC V5Y1T4
$1.9M total
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Asset Class
Multifamily
Size
—
Building class
C
Zoning
RA8 — Medium Rise
$ / SF
—
Occupancy
89%
Year Built
1946
Lot Size
0.13089990817263544 ac
About this property
COURT ORDERED SALE! Exceptional investment and redevelopment opportunity in the heart of Mount Pleasant! Situated on a 5,733 sq. ft. corner lot, this legally zoned fourplex offers immediate rental income with three existing tenants and leases in place, along with outstanding long term potential. Whether you´re looking to expand your investment portfolio, hold as a revenue generating asset, or explore future redevelopment opportunities, this property presents tremendous potential. A rare opportunity to secure a prime property in one of Vancouver´s most desirable neighbourhoods. Property is being sold on an "as is, where is" basis. All offers are subject to approval of the Supreme (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$9K
Projected NOI
$69K
Annual cash flow
$-36K
Cash-on-cash
-6.40%
DSCR
0.65
Going-in cap
3.62%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
59,044
Households
23,284
Median income
$132,500
Median age
35.4
Daytime population
59,993
5-yr growth
5.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 93 W 12TH AVENUE, Vancouver.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.