2532 Fraser St 9 Unit Apartment Building $2,600,000 CAD ($288,889 CAD/Unit) Vancouver, BC V5T 3V4

This property presents a rare opportunity to acquire a multi-family asset with significant redevelopment potential in Vancouver’s Mount Pleasant neighborhood. Currently improved with a two-storey apartment building containing nine two-bedroom units, the site spans approximately 2,731 square feet and is situated along Fraser Street, a well-connected corridor with strong residential and commercial demand.
The property falls within the Broadway Plan and is designated as MRTC (Mount Pleasant Residential Transition), which permits high-rise rental development up to 18 storeys and a density of 5.50 FSR, subject to a minimum frontage of 120 feet. This zoning framework positions the site as an attractive option for developers seeking to capitalize on Vancouver’s growing rental housing market and long-term urban intensification strategy.
Located in close proximity to major transit routes, retail amenities, and employment hubs, the property offers excellent connectivity to Downtown Vancouver and surrounding neighborhoods. With its redevelopment potential and favorable planning designation, this asset is well-suited for investors and developers focused on high-density rental projects in one of Vancouver’s most dynamic urban districts.