Prime development opportunity in Vancouver’s highly desirable Fraser neighborhood. This 5-bedroom, 3-bathroom home sits on a 5,822 sq. ft. lot with 40 ft frontage and RS-1 zoning, offering strong redevelopment potential.The property includes a 2-bedroom basement suite providing immediate rental income or a mortgage helper. Existing features also include a detached 400 sq. ft. garage, a large sundeck with storage below, and a spacious backyard.With its generous lot size and excellent location, this property is ideal for building a custom luxury home, duplex, or laneway house (buyer to verify with the City of Vancouver). Conveniently located near schools, parks, transit, shopping, and the vibrant Fraser Street amenities.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Finished |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Heating Type | Baseboard, Electric, Wood |
| Laundry | In Unit |
| # of Kitchens | 2 |
| Flooring | Laminate |
| Foundation | Concrete Perimeter |
| Exterior Features | Balcony |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $2,649,000 |
|---|---|
| Total Bedrooms | 5 |
| Total Bathrooms | 3 |
| Full Bathrooms | 3 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 1928 |
| Year Built | 1956 |
| Age Of Building | 70 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Architecture Style | Rancher/Bungalow w/Bsmt. |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Independent living |
| Utility Type | Community, Electricity Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Garage Double |
| Total Parking Spaces | 4 |
| Rental Suites | Licensed Suite |
| Lot Size | 5822.39 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 40.56 |
| MLS® # | R3099485 |
| Area | Vancouver East |
| Neighbourhood | Fraser VE |
| City | Vancouver |
| Postal Code | V5V 2K7 |
| Gross Taxes | $10,607.8 |
| Zoning | RS-1 |
| Status | Date | Price |
|---|---|---|
| R3099485 / Active | 03-16-2026 | $2,649,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Primary Bedroom | 11' x 11' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Kitchen | 8' x 8' ft |
| Main Level | Bedroom | 8' x 8' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Below | Living Room | 11'2 x 11'2 ft |
| Below | Kitchen | 10'2 x 10'2 ft |
| Below | Bedroom | 10'2 x 10'2 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
| Below | No | #4 |
| Below | No | #4 |
Listed by: Woodhouse Realty
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Schools Near 645 E 27 Avenue | |||||
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $2,436,000 | $36,600 | $2,472,600 |
-4.3%
|
| 2025 | $2,541,000 | $42,100 | $2,583,100 |
+0.0%
|
| 2024 | $2,539,000 | $44,100 | $2,583,100 |
+5.4%
|
| 2023 | $2,406,000 | $43,800 | $2,449,800 |
+2.9%
|
| 2022 | $2,337,000 | $44,000 | $2,381,000 | — |
Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar Single Family Residences average $2,263,667 across 4 active listings — this listing is 17% above the Vancouver average.
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