Listing history

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About this home

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.

Home facts

Bedrooms: 10
Bathrooms: 4 full + 2 half
Interior: 4,335 sq ft
Lot size: 6,250 sq ft
Year built: 1910
Storeys: 3
Parking: 4
Property type: Single Family Residence
Basement: Finished
Carport: No
Area: Vancouver West
Sub-area: Mount Pleasant VW
Listed: Hidden until you accept the VOW terms
Structure: Residential Detached
PID: Hidden until you accept the VOW terms

Highlights

Balcony

Features and inclusions

Heating: Mixed
Construction: Hidden until you accept the VOW terms
Roof: Hidden until you accept the VOW terms
Parking: Open

Board rules show these details to signed-in buyers who accept the VOW terms.

Listed by Royal Regal Realty Ltd. Data from BCRES. Last updated Oct 23, 2026, 12:05 PM.

This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

Monthly and upfront costs

Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.

Monthly ownership costs

Principal and interest: $13,072
Property tax: $808/mo
Home insurance: $150/mo
Estimated monthly total: $14,031

Purchase snapshot

List price: $2,758,000
Down payment: $551,600 (20%)
Estimated mortgage: $2,206,400

Estimates only. They leave out utilities, upkeep and closing costs.

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Space and layout

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Home value

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Neighbourhood

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Walk to No Frills5 min

Bike to Broadway–City Hall2 min

Walk to Broadway–City Hall7 min

Drive to downtown Vancouver6 min

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Condo / Apartment · 69%

Homes for sale nearby, by type

Condo / Apartment1,161 for sale

Detached213 for sale

Townhouse162 for sale

Half-duplex97 for sale

Other22 for sale

Multi-family17 for sale

Active listings within 3 km of this home.

Homes built in Vancouver, by type

Low-rise apartment83.3% · 325

Apartment in duplex7.7% · 30

Single-detached3.8% · 15

Semi-detached2.6% · 10

Row house2.6% · 10

Source: Statistics Canada, 2021 Census of Population. 390 dwellings.

Who lives here

Statistics Canada area 59153155 · Vancouver

Median age: 34
Renter households: 69%
Average household size: 1.9
Median household income: $87,000

Population (2021): 763
Median rent: $1,920
Owner shelter cost: $1,720
30%+ of income on shelter: 27%
Owner households: 29%
Households with kids: 14%
Immigrants: 26%
Post-secondary: 81%
Average home value (2021): $1,600,000

Breakdown

Under $5,0002.6% · 10

$5,000 to $9,9991.3% · 5

$15,000 to $19,9993.8% · 15

$20,000 to $24,9992.6% · 10

$25,000 to $29,9993.8% · 15

$30,000 to $34,9992.6% · 10

$35,000 to $39,9992.6% · 10

$40,000 to $44,9992.6% · 10

$45,000 to $49,9993.8% · 15

$50,000 to $59,9995.1% · 20

$60,000 to $69,9996.4% · 25

$70,000 to $79,9996.4% · 25

$80,000 to $89,9996.4% · 25

$90,000 to $99,9993.8% · 15

$100,000 to $124,99911.5% · 45

$125,000 to $149,9999.0% · 35

$150,000 to $199,99910.3% · 40

$200,000 and over15.4% · 60

Source: Statistics Canada, 2021 Census Profile, dissemination area 59153155.

Documents

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Property disclosure statementReview seller-disclosed conditions and known defects.
Title searchReview registered ownership, charges, easements, and covenants.
Inspection reportsReview available property-condition findings.
Building and renovation permitsConfirm that significant work was properly permitted.
Survey or site planReview boundaries, structures, and encroachments.

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236 W 12th Avenue

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