236 W 12th Avenue — Vancouver West


$ 2,798,000 FOR SALE MLS# R3129905
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An exceptional opportunity to acquire a prime 50'x125' lot located within the Broadway Corridor Plan, offering immense development potential. Currently held as long term investment property with outstanding tenants. Located just a block from city hall, Broadway skytrain station, grocery stores & more. 2 blocks from Cambie Village & 5 min drive to downtown. This A-1 located property has excellent Development Potential: The Broadway Corridor Development Plan allows for significant redevelopment possibilities on this site. A truly bluechip investment & holding property!
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms5
Bathrooms6
Living Area4,335 sqft
Lot Area6,250 sqft
Property TypeResidential Income – Other
MLS® R3129905
StatusActive
Listing BrokerRE/MAX Select Properties

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
Mmm 00, 0000 R0000000 $0,000,000 Price change
Mmm 00, 0000 R0000000 $0,000,000 Sold
3 events on record for this property

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Market Overview

Mount Pleasant VW · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes16
Median Asking Price $ 1,998,000 $ 2,798,000
Median Price per SqFt $919 $645
Median Days on Market 91
Sold Properties Aug 2026Jul 2026Aug 2025
All Homes 0 ▼100.0% 1 1
Median Selling Price ▼100.0% $ 2,651,700 $ 772,000
Median Price per SqFt ▼100.0% $958 $1,101
Median Days on Market 957
Median Discount Off Ask -11.9%6.4%
New Listings 142
Months of Inventory 6.9

At the current sales pace, it would take about 7 months to sell all the homes currently for sale here — a Balanced market.

SELLER'S
BALANCED
BUYER'S

Homes for sale and active buyers are fairly evenly matched, so neither side has a clear advantage.

What's this?

Months of inventory = the number of homes currently for sale ÷ the average number sold per month recently. As a rule of thumb, under 5 months favours sellers, 5–8 is balanced, and over 8 favours buyers.

Mount Pleasant VW: Number of Sales

Mount Pleasant VW: Median Sold Price

Mount Pleasant VW: Median Sold Price per SqFt

Aggregate market statistics from the MLS® for Mount Pleasant VW. Figures are medians and may reflect small sample sizes in a single neighbourhood. Not an appraisal — ask a team member to verify.