Investment opportunity in Vancouver's desirable Fraser area. Situated on a rare 6,400 sq.ft.lot (one of only a few wider and longer parcels on the block), this well-maintained 1998-built home offers strong holding income and future upside. The property features 13 bedrooms and 7 bathrooms, including two self-contained basement suites (1-bed + 2-bed) with separate entrances. Fully tenanted with stable rental income. Approved laneway house plans (~1,600 sq.ft.) provide potential for additional rental units. Ideal for investors seeking cash flow and long-term growth.
| Basement Finished Area (sqft) | 1110 |
|---|---|
| Basement Features | Finished, Exterior Entry |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Fireplace | 1 |
| Heating Type | Natural Gas, Radiant |
| # of Kitchens | 4 |
| Flooring | Laminate, Mixed, Tile |
| Foundation | Concrete Perimeter |
| Exterior Features | Balcony |
|---|---|
| Roof | Concrete |
| Structures | Residential Detached |
| Price | $2,888,000 |
|---|---|
| Total Bedrooms | 13 |
| Total Bathrooms | 7 |
| Full Bathrooms | 7 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 3788 |
| Year Built | 1998 |
| Age Of Building | 28 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Community, Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Tandem, Lane Access, Rear Access |
| Total Parking Spaces | 2 |
| Rental Suites | Unauthorized Suite |
| Lot Size | 6401 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 34.9 |
| MLS® # | R3112436 |
| Area | Vancouver East |
| Neighbourhood | Fraser VE |
| City | Vancouver |
| Postal Code | V5V 2J3 |
| Gross Taxes | $13,191.1 |
| Zoning | RS-1 |
| Floor | Type | Dimensions |
|---|---|---|
| Above Level | Bedroom | 13' x 13' ft |
| Above Level | Dining Room | 13' x 13' ft |
| Above Level | Kitchen | 13' x 13' ft |
| Above Level | Primary Bedroom | 15' x 15' ft |
| Above Level | Bedroom | 11' x 11' ft |
| Above Level | Bedroom | 11' x 11' ft |
| Above Level | Bedroom | 11' x 11' ft |
| Main Level | Kitchen | 10'7 x 10'7 ft |
| Main Level | Bedroom | 13' x 13' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Bedroom | 11' x 11' ft |
| Main Level | Bedroom | 9' x 9' ft |
| Basement Level | Kitchen | 10'3 x 10'3 ft |
| Basement Level | Bedroom | 10' x 10' ft |
| Basement Level | Bedroom | 9' x 9' ft |
| Basement Level | Kitchen | 10'3 x 10'3 ft |
| Basement Level | Bedroom | 10' x 10' ft |
| Basement Level | Laundry | 11'6 x 11'6 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Above Level | Yes | #4 |
| Above Level | No | #4 |
| Above Level | No | #3 |
| Main Level | No | #4 |
| Main Level | No | #4 |
Listed by: Magsen Realty Inc.
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 |
|---|---|---|---|---|---|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $2,325,000 | $617,000 | $2,942,000 |
-5.0%
|
| 2025 | $2,468,000 | $628,000 | $3,096,000 |
-0.5%
|
| 2024 | $2,470,000 | $641,000 | $3,111,000 |
+5.6%
|
| 2023 | $2,331,000 | $614,000 | $2,945,000 |
+6.6%
|
| 2022 | $2,208,000 | $554,000 | $2,762,000 | — |
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