Excellent investment or redevelopment opportunity in Mount Pleasant West. 123 W 11th Avenue offers five licensed suites, two currently tenanted, providing stable rental income. Well cared for by a long-time owner, the property has strong holding value and future potential under the city’s new multiplex zoning guidelines. With the upcoming Broadway Subway Station nearby, the area is poised for positive transformation. Features include mountain and water views from the second floor, a south-facing lot, and close proximity to shopping, restaurants, and transit—just one stop to downtown. Buy, rent, hold, or redevelop in one of Vancouver's most desirable and evolving neighborhoods.
Property Type:
Residential
Dwelling Type:
Other
Home Style:
Two Levels
Ownership:
Freehold NonStrata
Living Area:
4,154 sq. ft.386 m2
Floor Area - Unfinished:
0 sq. ft.0 m2
Building Area - Total:
4,154 sq. ft.386 m2
Levels:
Two
Bedrooms:
5
(Above Grd: 5)
Bathrooms:
4.0
(Full:4/Half:0)
Kitchens:
5
Rooms:
16
Taxes:
$9,437.24 /
2025
Lot Area:
6,534 sq. ft.607 m2
Lot Frontage:
49'6"15.1 m
Lot Details:
49.5 x 132
Outdoor Area:
Fenced, Garden, Balcony
Water Supply:
Public
Plan:
VAP198
Construction Materials:
Frame Wood, Stucco, Wood Siding
Foundation:
Block
Basement:
Unfinished
Roof:
Asphalt
No. Floor Levels:
2.0
Floor Finish:
Hardwood, Other, Tile, Carpet
Floor Area Fin - Above Grade:
2,774 sq. ft.258 m2
Floor Area Fin - Above Main:
1,376 sq. ft.128 m2
Floor Area Fin - Above Main 2:
0 sq. ft.0 m2
Floor Area Fin - Main:
1,398 sq. ft.130 m2
Floor Area Fin - Below Main:
1,380 sq. ft.128 m2
Floor Area Fin - Below Grade:
0 sq. ft.0 m2
Floor Area Fin - Basement:
0 sq. ft.0 m2
Floor Area Fin - Total:
4,154 sq. ft.386 m2
Heating:
Baseboard, Electric, Forced Air
Fireplaces:
0
Parking Features:
Open, Front Access, Side Access
Parking:
Open
Flood Plain:
No
Suite:
Licensed Suite
Garden, Balcony
Central Location, Shopping Nearby
Garden
N.S. MOUNTAINS, WATER
Shopping Nearby
Smoke Detector(s)
2
Smoke Detector(s)
Refrigerator
Refrigerator, Stove
LOT 15, BLOCK 34, PLAN VAP198, DISTRICT LOT 302, GROUP 1, NEW WESTMINSTER LAND DISTRICT
Floor
Type
Size
Other
Main
Living Room
14'5"4.39 m × 12'10"3.91 m
-
Main
Kitchen
12'5"3.78 m × 10'3.05 m
-
Main
Bedroom
11'6"3.51 m × 10'6"3.20 m
-
Main
Living Room
14'4"4.37 m × 11'8"3.56 m
-
Main
Kitchen
12'2"3.71 m × 7'2.13 m
-
Main
Bedroom
10'6"3.20 m × 9'4"2.84 m
-
Above
Living Room
14'4"4.37 m × 11'9"3.58 m
-
Above
Kitchen
12'1"3.68 m × 6'2"1.88 m
-
Above
Bedroom
10'6"3.20 m × 9'2.74 m
-
Above
Living Room
13'4"4.06 m × 7'1"2.16 m
-
Above
Kitchen
13'4"4.06 m × 5'1.52 m
-
Above
Bedroom
12'6"3.81 m × 11'6"3.51 m
-
Above
Living Room
14'5"4.39 m × 12'10"3.91 m
-
Above
Kitchen
12'4"3.76 m × 9'2.74 m
-
Above
Bedroom
11'6"3.51 m × 10'6"3.20 m
-
Main
Other
17'5.18 m × 6'4"1.93 m
-
Floor
Ensuite
Pieces
Other
Main
No
4
Main
No
4
Above
No
4
Above
No
3
Age Restrictions:
No
Tax Utilities Included:
false
Dist to Public Trans:
CLOSE
Dist to School Bus:
CLOSE
Property Disclosure:
Yes
Fixtures Leased:
No
Home Owners Association:
No
Original Price:
$2,838,000
Land Lease:
No
Zoning:
RT 6
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Electricity:
Yes
Fencing:
Fenced
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
View of urban area featuring a mountainous background
Aerial view of property's location with nearby suburban area
View of home's exterior featuring roof with shingles
Data was last updated October 28, 2025 at 04:10 AM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$1,749,000
Min list price:
$699,880
Max list price:
$3,998,000
Avg days on market:
34
Min days on market:
10
Max days on market:
285
Avg price per sq.ft.:
$1,150.22
These statistics are generated based on the current listing's property type
and located in
Mount Pleasant VW. Average values are
derived using median calculations. This data is not produced by the MLS® system.