Multifamily
2432 Fraser Street
2432 Fraser St, Vancouver, BC V5T 1T1
Listing Price: $2,780,000
Number of Units
4
GRM
23.26
Price/Unit
$695,000
Price/Gross SF
$1,079.61
Gross SF
2,575
Investment Overview
Brand new vacant fourplex, thoughtfully designed with a strong suite mix and
steps away from transit, retail and restaurants.
2432 Fraser Street
Investment Highlights
- Brand new vacant fourplex, conveniently located close to restaurants and retail and the Fraser Broadway Line stop.
- The units have been thoughtfully designed with efficient floor plans, gas radiant heat, in suite laundry and individually metered for electricity.
- The property offers strong rents but has to be run as a rental building only, with a 10 year rental covenant on title requiring minimum increases upon turnover.
- The building has a strong suite mix of 3x2-bedroom units and 1x1-bedroom, with a GRM of 23.95x, by potentially renting the units at an average rent/sf of $3.87 sf.
Exclusively Listed By
Listing Price: $2,780,000
Number of Units
4
GRM
23.26
Price/Unit
$695,000
Price/Gross SF
$1,079.61
Gross SF
2,575
Investment Highlights
- Brand new vacant fourplex, conveniently located close to restaurants and retail and the Fraser Broadway Line stop.
- The units have been thoughtfully designed with efficient floor plans, gas radiant heat, in suite laundry and individually metered for electricity.
- The property offers strong rents but has to be run as a rental building only, with a 10 year rental covenant on title requiring minimum increases upon turnover.
- The building has a strong suite mix of 3x2-bedroom units and 1x1-bedroom, with a GRM of 23.95x, by potentially renting the units at an average rent/sf of $3.87 sf.
Investment Overview
Brand new vacant fourplex, thoughtfully designed with a strong suite mix and steps away from transit, retail and restaurants.
Exclusively Listed By
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