195 W 12 Avenue — Vancouver West


$ 3,490,000 FOR SALE MLS# R3177924
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INVESTOR ALERT! Rare opportunity to own a CORNER LOT 50 x 112 in the highly sought after Mt. Pleasant west neighborhood. Prime location - situated within the Broadway plan, this property has great outlook for multiplex development or assembly for major high-rise redevelopment. Or simply sit on this gold mine & flip the property in the future, while generating massive gross rent! Also consider AirBnB options! By being so close to Cambie/Broadway commercial retails, services, Canada line station and VGH, this property is always in demand. Very well kept building with excellent tenants. Extensive renovations in 2017 & further improvements in 2020. Classified as a Multi-family conversion with 4 meters & 3 addresses.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms6
Bathrooms5
Living Area2,917 sqft
Lot Area5,600 sqft
Property TypeResidential – Single Family Residence
MLS® R3177924
StatusActive
Listing BrokerRE/MAX City Realty

Property History

DateMLS #PriceEvent
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 Homes27
Median Asking Price $ 1,449,000 $ 3,490,000
Median Price per SqFt $1,017 $1,196
Median Days on Market 36
Sold Properties Oct 2026Sep 2026Oct 2025
All Homes 2 3 2
Median Selling Price $ 1,290,000 ▲61.5% $ 1,185,000 $ 799,000
Median Price per SqFt $1,052 ▲3.4% $1,022 $1,017
Median Days on Market 57638
Median Discount Off Ask 5.7%0.7%3.2%
New Listings 1075
Months of Inventory 5.1

At the current sales pace, it would take about 5 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.