Vancouver Foreclosure Homes & Real Estate for Sale Listings

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93 W 12TH Avenue

Mount Pleasant VW Vancouver V5Y 1T4

$2,780,888

Multifamily beds: 6 baths: 4.0 3,272 sq. ft. built: 1946

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• Details
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• Map

Status:

Active

Prop. Type:

Multifamily

MLS® Num:

R2954598

Bedrooms:

6

Bathrooms:

4

Year Built:

1946

• Photos (10)

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Seize the chance to own this income-generating property with significant future development potential. This legally zoned fourplex is situated on a 5,733 sq ft corner lot in the coveted Mount Pleasant neighborhood, designated as RT-6 zoning. This property presents an excellent opportunity to hold a revenue-generating asset now and consider building later, capitalizing on the development-friendly RT-6 zoning in the desirable Mount Pleasant area. Its combination of location, recent upgrades, and future development potential makes it a standout investment in Vancouver's real estate market.

General Info:

Property Type:

Multifamily

Dwelling Type:

Fourplex

Home Style:

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Year built:

1946 (Age: 79)

Total area:

3,272 sq. ft.304 m2

Total Floor Area:

3,272 sq. ft.304 m2

Total unfinished area:

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Main Floor Area:

968 sq. ft.89.9 m2

Floor Area Above Main:

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Floor Area Above Main 2:

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Floor Area Detached 2nd Residence:

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Floor Area Below Main:

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Basement Area:

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Levels:

3

Rainscreen:

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Bedrooms:

6 (Above Grd: 6)

Bathrooms:

4.0 (Full:4/Half:0)

Kitchens:

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Rooms:

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Taxes:

$7,771.04 / 2024

Lot Area:

5,733 sq. ft.533 m2

Lot Frontage:

49'6⅛"15.1 m

Exposure / Faces:

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Rear Yard Exposure:

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Outdoor Area:

Fenced Yard

Pad Rental:

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# or % of Rentals Allowed:

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Water Supply:

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Additional Info:

Heating:

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Construction:

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Foundation:

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Basement:

Full

Full Height:

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Crawl Height:

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Roof:

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Floor Finish:

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Fireplace Details:

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Parking:

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Parking Total/Covered:

5 / 2

Parking Access:

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Driveway:

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Exterior Finish:

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Title to Land:

Freehold NonStrata

Flood Plain:

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Units:

# Bachelor Units:

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# 1Bdrm Units:

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# 2Bdrm Units:

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# 3Bdrm Units:

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# Other Units:

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Income:

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Income Per Annum:

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Oper. Expenses:

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Net Operating Income:

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By-Law Restrictions:

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Restricted Age:

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Maint. Fees Include:

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Features Included:

Clothes Washer/Dryer, Drapes/Window Coverings, Refrigerator

Amenities:

Shared Laundry

View:

City & Mountain View

Legal Description:

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Room Information:

Floor

Type

Size

Other

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Bathrooms:

Floor

Ensuite

Pieces

Other

Above

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Main

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Below

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Other Details:

Dist to Public Trans:

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Dist to School Bus:

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Property Disclosure:

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Fixtures Leased:

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Fixtures Removed:

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Cats:

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Dogs:

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Units in Development:

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Sprinklers:

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Smoke Detectors:

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Services Connected:

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Plumbing Details:

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Listing Info:

Previous Price:

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Original Price:

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Listed by Century 21 Coastal Realty Ltd.

Data was last updated February 22, 2025 at 09:10 AM (UTC)

Area Statistics

Listings on market:

31

Avg list price:

$3,150,000

Min list price:

$788,535

Max list price:

$8,500,000

Avg days on market:

66

Min days on market:

4

Max days on market:

1,300

Avg price per sq.ft.:

$1,142.09

These statistics are generated based on the current listing's property type and located in Vancouver West. Average values are derived using median calculations.

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• Sam Huang
• RE/MAX Select Properties
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.

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• Related Readings: How to Buy a Court Ordered Sale in BC 2024 – Your Ultimate Guide

About Foreclosure listings

There are many names for a Foreclosure home. Many people call it foreclosed home, foreclosure home, bank repossessed house, or Court Ordered Sale. They mean the same thing. So what exactly does foreclosure mean? 

In its simplest meaning, the word foreclosure means to deprive a borrower (in default) of the right to redeem the mortgaged property. In a way, it’s like a divorce proceeding – the borrower and lender under a mortgage go their separate way.

Foreclosure home sale is very different from a regular home sale. If you need an experienced Vancouver Realtor to guide you through the process, please let me know.

What is the process of Foreclosure in BC Canada?

See below simplified steps in a Foreclosure proceeding to find out how foreclosure works in BC.

1. Demand letter. 
2. Petition. 
3. Order Nisi. 
4. Judicial Sale. 
5. Order Made After Application.

To see the detailed steps in a foreclosure proceeding. Please let me know.

Please note that this blog is for information only. Buyers & Sellers are advised to obtain independent legal advice before buying or selling a real estate property.

Here’s a simple guide on how to buy a Foreclosure Home in BC

1. Search Foreclosure Listings BC
2. Find a Realtor to write an offer.
3. Review the Schedule A with the Realtor. Schedule A contains clauses that specifically protect the lender. The buyers must be aware that they are accepting the property “as is” and must sign this schedule to have their offer accepted by the lender.
4. Acceptance of the offer. The offer may have conditions precedent, and it is advisable that the offer is left open for acceptance for a period of two or three days.
5. The hearing of the application for order approving the sale.
6. Completion of the sale.

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