3636 Fraser St - Apartments FOR SALE


Vancouver, BC V5V 4C8
$4,350,000 CAD
604-646-8389
3636 Fraser St, Vancouver, BC for Sale
$4,350,000 CAD
Apartments - FOR SALE
1/10
null | 5.1% Cap Rate

3636 Fraser St
Vancouver, BC V5V 4C8


HIGHLIGHTS

  • Character apartment property with 13 fully configured rental suites offering mix and versatility.
  • Significant capital improvements completed in 2026, including exterior refinishing and systems updates.
  • Large artist studio with loft-style ceiling heights adding unique appeal.
  • Fraser Street frontage near neighborhood shops, restaurants, transit, and green spaces.
  • Onsite conveniences include 12 surface parking stalls and dedicated tenant storage rooms.
  • Strong income performance with scope for future growth in a sought-after submarket.

OVERVIEW

Roddington Apartments presents a rare opportunity to acquire a 13-unit rental apartment building in one of Vancouver’s most dynamic neighborhoods, Kensington-Cedar Cottage. This three-story character property combines timeless architectural charm with important modernization, creating a desirable balance of stability and upside potential. The property features a diverse unit mix, including studios, one-bedroom layouts, one-bedroom plus den arrangements, and two-bedroom suites, appealing to a range of tenant profiles. Extensive recent capital improvements in 2026, including building-wide exterior upgrades and critical system enhancements, position the asset for long-term operational efficiency. Onsite perks include 12 surface parking stalls, ample tenant storage, and upgraded systems ensuring low-maintenance performance. Prime exposure along Fraser Street provides unmatched access to local cafés, boutique retail, parks, and essential services, further enhancing its rental demand. Strong in-place cash flow, supported by a stabilized net operating income of $221,766 per annum, makes this an attractive income-generating investment. Priced with a guidance of $4,350,000, Roddington Apartments offers investors an exceptional foothold in a growing neighborhood, with significant value appreciation potential in a competitive Vancouver market.

FOR SALE DETAILS

PRICE

$4,350,000 CAD

PRICE/SF

$685 CAD /SF

# OF UNITS

14

PRICE/UNIT

$310,714

CAP RATE

5.1%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

CD-1

APN/PARCEL ID

010-258-752,010-258-876

ASK ABOUT THIS PROPERTY

Megan LowAvison YoungMore Info
604-646-8389

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Megan LowAvison YoungMore Info
604-646-8389

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.