708 E 26th Ave - Apartments FOR SALE


Vancouver, BC V5V 4G2
$19,250,000 CAD
604-640-5871
708 E 26th Ave, Vancouver, BC for Sale
$19,250,000 CAD
Apartments - FOR SALE
1/18
null | 4.11% Cap Rate

708 E 26th Ave
Vancouver, BC V5V 4G2


HIGHLIGHTS

  • Located in Fraserhood with dual frontage on Fraser Street and East 26th Avenue.
  • Retail tenants include Prado Café and Nest Dental.
  • Projected 13% upside on in-place residential rents.
  • Oversized suites with premium finishes and full appliance packages.
  • Walk Score of 93 and Bike Score of 83 in a transit-rich corridor.
  • Turnkey asset with institutional-grade management and maintenance.

OVERVIEW

Cushman & Wakefield presents Fixture, a rare opportunity to acquire a 100% freehold interest in a modern, purpose-built rental asset located in Vancouver’s vibrant Fraserhood neighborhood. Built in 2015 and meticulously maintained by a local private family office, this 4-storey mixed-use property features 26 oversized residential suites and two high-profile retail tenants—Prado Café and Nest Dental—anchoring the ground floor. The residential component spans 18,599 square feet with an average suite size of 715 square feet, offering a mix of one-bedroom, one-bedroom plus den, two-bedroom, and two-bedroom plus den layouts. Each unit is outfitted with condominium-quality finishes including quartz countertops, full appliance packages, and in-suite laundry. The retail space totals approximately 2,714 square feet, enhancing the property’s appeal and neighborhood integration. With current residential rents averaging $3.91 PSF, the property offers a projected 13% revenue upside, making it an attractive investment for buyers seeking both stability and growth. The building’s institutional-grade management and immaculate condition further reinforce its turnkey appeal. Located steps from King Edward Avenue and major transit routes, Fixture benefits from seamless access to the Canada Line, Expo Line, and Millennium Line, as well as proximity to Downtown Vancouver. Surrounded by boutique shops, cafes, parks, and schools, the property boasts a Walk Score of 93 and a Bike Score of 83, underscoring its desirability for a wide tenant demographic. This offering combines the best of modern construction, income potential, and location in one of Vancouver’s most walkable and dynamic communities.

FOR SALE DETAILS

PRICE

$19,250,000 CAD

PRICE/SF

$901 CAD /SF

# OF UNITS

26

PRICE/UNIT

$740,385

CAP RATE

4.11%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fixture On Fraser - 4238 Fraser Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2015

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

C-2

APN/PARCEL ID

029-147-620

ASK ABOUT THIS PROPERTY

David VenanceCushman & WakefieldMore Info
604-640-5871

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David VenanceCushman & WakefieldMore Info
604-640-5871

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