Property Type: FourplexOwnership: Freehold

93 W 12TH AVENUE

Vancouver, BC V5Y1T4

$2,599,000

6 bed4 bath5 parking3,272 sqftBuilt 1946
Get Directions

Property Details

Property & Lot

Sub-type
Fourplex
Lot size
5,702 square feet
Frontage
49 feet

Ownership & Fees

Property type
Fourplex
Ownership
Freehold
Annual property tax
$8,894.84 (2025)

Interior

Basement
Full, Unknown, Unknown
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
5

Listing Information

MLS®
R3151318
Listed
July 30, 2026
Time on market
On the market for 32 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal LePage West Real Estate Services · Data source: CREA DDF.

Description

Exceptional investment and redevelopment opportunity in the heart of Mount Pleasant! This legally zoned fourplex sits on a 5,733 sq. ft. corner lot with RT-6 zoning, offering immediate rental income and outstanding long-term potential. Hold as a revenue-generating asset or take advantage of the property's redevelopment possibilities in one of Vancouver's most sought-after neighborhoods. Ideally located just minutes from Main Street, Cambie Village, Broadway, transit, parks, shopping, and dining. Combining a prime location, strong income potential, and future development upside, this is a rare opportunity for investors, developers, and long-term land bankers alike. (id:63159)

Values & Trends

This listing

$794/sqft

Building average

No other active listings in this building

Vancouver average

$1,103/sqft

419 active listing(s)

Parking: 5 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Clear

17°C

Clear

Humidity 100%

Wind WNW 13 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

662,248

(2021 Census)

+4.9% since 2016

Density: 5,749.7/km²

Dwellings: 328,347

Median household income: $82,000

After-tax: $72,000

Immigrant population: 42.2%

Top countries of origin (% of total population)

  • China9.6% · 63,270
  • Philippines4.5% · 29,925
  • Hong Kong3.8% · 25,485
  • India2.2% · 14,640
  • United Kingdom1.9% · 12,895
  • Viet Nam1.8% · 12,115
  • Taiwan1.5% · 9,865
  • United States of America1.5% · 9,790

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

63

8/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
St Patrick's Elementary(Independent)Elementary281 m
St. Patrick Regional Secondary(Independent)Secondary303 m
Simon Fraser ElementaryElementary393 m
Westside Montessori Elementary School(Independent)Elementary848 m
Florence Nightingale ElementaryElementary928 m
Blessed Sacrament School(Independent)Elementary949 m
Mount Pleasant ElementaryElementary1.0 km
St Francis Xavier(Independent)Elementary1.1 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Eastbound W Broadway @ Manitoba St271 m
Westbound W Broadway @ Ontario St303 m
Westbound E Broadway @ Ontario St321 m
Eastbound W Broadway @ Columbia St323 m
Westbound W Broadway @ Columbia St374 m

Nearby Places

Restaurants (5+)

  • Italia Bella · 53 West Broadway300 m
  • Hen · 15 West Broadway310 m
  • Tayybeh · 151 West Broadway318 m
  • Wok&Wings · 1 East Broadway324 m
  • Cilantro Indian Cuisine · 189 West Broadway347 m

Cafes (5+)

  • Modus · 112 West Broadway266 m
  • The Federal Store · 2601 Quebec Street301 m
  • Milano Cafe · 156 West 8th Avenue381 m
  • Emeri Matcha Bar · 2833 Main Street397 m
  • 49th Parallel Coffee Roasters · 2902 Main Street459 m

Grocery (5+)

  • Save-On-Foods · 2949 Main Street401 m
  • No Frills · 310 West Broadway444 m
  • PriceSmart Foods · 288 East Broadway561 m
  • The Lettuce Shop633 m
  • Save-On-Foods · 370 East Broadway699 m

Parks (5+)

  • Major Matthews Park120 m
  • Mount Pleasant Park384 m
  • Jonathan Rogers Park429 m
  • Main and 7th Park · 2299 Main Street616 m
  • Lilian To Park647 m

Shopping (4)

  • Centrepoint Mall · 2949 Main Street423 m
  • Winners · 491 West 8th Avenue677 m
  • City Square Shopping Centre · 555 West 12th Avenue705 m
  • Canadian Tire · 2290 Cambie Street751 m

Gyms (5+)

  • Tantra Fitness · 36 East Broadway324 m
  • Uphoria Yoga · 88 East Broadway356 m
  • Open Door Yoga · 2940 Main Street489 m
  • Gracie Barra · 2440 Main Street544 m
  • Progression Bouldering · 275e 10th Avenue Bikeway549 m

Pharmacies (5+)

  • Westin Pharmacy · 33 West Broadway304 m
  • Pure Integrative Pharmacy · 2949 Main Street416 m
  • Loblaw Pharmacy · 310 West Broadway428 m
  • Mt Pleasant Pharmacy · 93 Kingsway603 m
  • Shoppers Drug Mart · 370 East Broadway644 m

Banks & ATMs (5+)

  • Bitcoin ATM Coinsite · 191 West Broadway346 m
  • Beem Credit Union · 2949 Main Street431 m
  • Unnamed439 m
  • Philippine National Bank Global Remit · 365 West Broadway497 m
  • Coast Capital Savings · 445 West Broadway613 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($519,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,079,200.00
Periodic payment — Principal & Interest (monthly)$13,414.29
Additional monthly expenses (strata, tax, utilities, etc.)$905.24
Total monthly cost$14,319.53
Interest paid over 5-yr term$595,904.70
Balance at end of term$1,870,247.12

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$519,800
Stress test qualifying rate8.09%
Payment you must qualify for$15,988.32

Cash Needed at Closing

Minimum down payment$519,800
Estimated BC PTT$55,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$577,270

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

Request more information