FOR SALE

Property Details

  • Lot Size 6,606 sf (54.15’ x 122’)
  • Zoning RT-2 - Two-Family Dwelling
  • Neighbourhood Kensington-Cedar Cottage
  • Year Built 1910
  • Storeys 3
  • Total Net Rentable Area 8,150 sf
  • Rental Units 13 *including one non-conforming unit
  • Average Unit Size 627 sf
  • Suite Mix Studio: 1 | 1-Bed: 6 | 1-Bed + Den: 4 | 2-Bed: 2
  • Parking 12 surface stalls
  • Stabilized Net Operating Income $221,766
  • Pricing Guidance $4,350,000 | 5.10% cap rate

Opportunity

The Avison Young Multi-Family Team is pleased to present the opportunity to acquire Roddington Apartments, a three-storey rental building located at 3636 Fraser Street, Vancouver, BC (the “Property”). The Property comprises 13 suites with a desirable mix, including a unique artist live/ work studio loft, one-bedroom, one-bedroom + den, and two-bedroom layouts. Upgrades include thermal windows, rebuilt structural and safety systems, individual hot water systems, and a new storage locker room.

Prominently positioned along vibrant Fraser Street in Kensington–Cedar Cottage, the Property offers exceptional access to local shops, restaurants, parks, and transit.

This offering represents a rare opportunity to acquire an income-generating rental apartment building that combines strong in-place cash flow and long-term value growth in one of Vancouver’s most sought after neighbourhoods.

Investment Highlights

Unique rental building in Vancouver’s Kensington-Cedar Cottage neighbourhood with character-rich design and modernized systems

13 thoughtfully configured suites, maximizing tenant appeal and versatility

Large artist studio with dramatic loft style ceiling heights

Recent Capital Improvements (2026): Building wide upgrades including exterior stucco repairs and system improvements
Exceptional Fraser Street exposure with immediate access to cafés, boutique retail shops, parks, and convenient transit

On-site conveniences including 12 surface parking stalls and large storage units providing additional income

Income generating asset offering strong cash flow with upside potential in one of the city’s most sought-after neighbourhoods

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