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245-265 12th Av E - Prime Residential Development Opportunity 0.69 Acres of Residential Land in Vancouver, BC V5T 2H1
Investment Highlights
- Large 30,195 SF development site with no assembly required.
- Broadway Plan designation supports up to 6.5 FSR and 20 stories in height.
- Walking distance to Main Street’s retail and dining corridor with access to major transportation routes.
- Located within Mount Pleasant, less than 250 meters from SkyTrain rapid transit.
- Excellent site exposure along East 12th Avenue and Sophia Street.
- Clean Phase 1 environmental report available under confidentiality agreement.
Executive Summary
Positioned less than 250 meters from the Mount Pleasant SkyTrain Station, the property benefits from transit-oriented convenience and proximity to popular retail, dining, and lifestyle destinations along Main Street. Strong connectivity to downtown Vancouver and key city hubs reinforces the development’s appeal to future residents seeking accessibility and urban living. Additionally, the Broadway Plan designation promotes mixed-use potential with allowances for local-serving retail and services at the ground level.
With large, efficient site dimensions and no tenant relocation requirements, this asset offers streamlined development conditions. Qualified investors and developers will appreciate the combination of size, zoning flexibility, and an urban location within one of Vancouver’s most desirable growth corridors.
Property Facts
1 Lot Available
Lot
| Lot Size | 0.69 AC |
| Lot Size | 0.69 AC |
Description
The property at 245–261 East 12th Avenue in Vancouver consists of 30,195 square feet of land improved with a commercial building and parking lot. It is situated within the Mount Pleasant neighborhood and is designated as part of the Broadway Plan’s South Apartment Area (MSAA). The zoning framework allows residential development up to 6.5 FSR with a maximum building height of 20 storeys. The property location offers connectivity to rapid transit stations and proximity to Main Street’s commercial corridor. Additional considerations include site dimensions measuring approximately 248 feet by 122 feet and absence of tenant relocation requirements.
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245-265 12th Av E - Prime Residential Development Opportunity
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