Richmond Condo Specialist

1222 E 12th Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East) : MLS®# C8074928


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1222 E 12th Avenue
Mount Pleasant VE Vancouver V5T 2J9

$2,495,000
Multi-Family Commercial

Main Photo: 1222 E 12th Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8074928
Photo 1: 1222 E 12th Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8074928
Photo 2: 1222 E 12th Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8074928
Photo 3: 1222 E 12th Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8074928
Photo 4: 1222 E 12th Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8074928
Photo 5: 1222 E 12th Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8074928
Photo 6: 1222 E 12th Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8074928
Photo 7: 1222 E 12th Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8074928
Photo 8: 1222 E 12th Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8074928
Photo 9: 1222 E 12th Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8074928
Photo 10: 1222 E 12th Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8074928
Photo 11: 1222 E 12th Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8074928
Photo 12: 1222 E 12th Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8074928
Photo 13: 1222 E 12th Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8074928
Photo 14: 1222 E 12th Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8074928
Photo 15: 1222 E 12th Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8074928
Photo 16: 1222 E 12th Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8074928
Photo 17: 1222 E 12th Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8074928
Photo 18: 1222 E 12th Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8074928
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8074928
Build. Type:
See Remarks
Completely renovated “down to the studs” 3-suite investment property in Vancouver’s sought-after Mount Pleasant neighbourhood. Improved on an extra-large 50’ × 127’ lot, the building’s comprehensive renovation program was completed in August 2020 to a tasteful, yet durable standard inside and out. Suites are similarly appointed featuring contemporary high-end design such as ash-coloured laminate flooring, LED lighting throughout, open/bright extra-large living spaces/bedrooms, gourmet kitchens with brand new cabinetry, modern appliance packages and beautifully finished bathrooms. There is ample private/shared outdoor space for each unit with a partially covered multi-carport in the rear plus a paved laneway. Perfect for an investor OR end user with future development potential!
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Frame Wood
Num Storeys:
4
Building Type:
See Remarks
# Units Total:
3
# Other Units:
0
# of Apartments:
3
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
0
# of 2 Bedroom Apartments:
2
# of 3 Bedroom Apartments:
1
Year built:
1911 (Age: 115)
Living Area:
3,271 sq. ft.
Subject Property Depth:
127'
Subject Property Width:
50'
Lot Area:
6,534 sq. ft.
Zoning:
Potential to Redevelop:
Yes
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
Yes
Services Connected:
Electricity Connected
Sewer:
Public Sewer
Parcel Number:
015488632
Taxes:
$8,286.32 / 2025
No
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by Dexter Realty and Goodman Commercial
Data was last updated January 10, 2026 at 06:35 PM (UTC)
Eric Lin
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