2532 Fraser Street
Vancouver, BC
FOR SALE
Property Overview
- Address 2532 Fraser Street, Vancouver, BC
- Zoning RT-5: Two Family Dwelling
- Land Use Designation Broadway Plan – MRTC (Rental Only): Up to 18 storeys / 5.50 FSR
- Suite Mix 9 units are two-bedroom, one-bathroom suites, averaging 600 sf
- Site Area (Total) 2,731 sf
- Pricing Guidance $2,600,000
- Assessed Value (2026) $2,860,000
Opportunity
Avison Young is pleased to offer 2532 Fraser Street, a well-located apartment building in Vancouver’s highly desirable Mount Pleasant neighbourhood. The two-storey property features nine rental units and presents a strong value-add investment opportunity. Located within the Broadway Plan area, the property benefits from supportive high-density land-use policies, enhancing long-term potential. Situated on a 2,731 square foot lot, the property offers exposure to a proven rental market with low vacancy and steady tenant demand.
Investment Highlights
Value-add potential - Positioned as a significant value-add opportunity to improve the overall building and income
Fronting Fraser Street - A vibrant commercial corridor anchored by diverse dining, independent grocers, bakeries, and culturally driven local businesses
Upside in rents - The current rents remain well below market; turnover and targeted improvements offer a clear path to increased income and value
Within the Broadway Plan - Permitting high-rise rental development up to 18 storeys
