236 W 12th Avenue — Vancouver West


$ 2,758,000 FOR SALE MLS# R3165578
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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.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms10
Bathrooms6
Living Area4,335 sqft
Lot Area6,250 sqft
Property TypeResidential Income – Other
MLS® R3165578
StatusActive
Listing BrokerRoyal Regal Realty Ltd.

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
Mmm 00, 0000 R0000000 $0,000,000 Listed
Mmm 00, 0000 R0000000 $0,000,000 Price change

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Market Overview

Mount Pleasant VW · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes22
Median Asking Price $ 1,649,450 $ 2,758,000
Median Price per SqFt $1,003 $636
Median Days on Market 81
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 0 ▼100.0% 5 3
Median Selling Price ▼100.0% $ 1,050,000 $ 2,249,900
Median Price per SqFt ▼100.0% $1,025 $1,273
Median Days on Market 1419
Median Discount Off Ask 2.4%1.7%
New Listings 324
Months of Inventory 4.0

At the current sales pace, it would take about 4 months to sell all the homes currently for sale here — a Seller's market.

SELLER'S
BALANCED
BUYER'S

Homes are selling faster than new ones come up, so sellers tend to have the upper hand and buyers face more competition.

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.