Fraserview
727 East 17th Avenue

SOLD

Fraserview | 727 East 17th Avenue, Vancouver

The Cushman and Wakefield BC Multifamily Team is thrilled to announce the successful sale of  727 East 17th Avenue, Vancouver, BC. Commonly known as Fraserview, the property is a 31-unit, 4-storey multifamily investment property with retail at grade situated in the heart of Vancouver’s vibrant and evolving Fraserhood neighbourhood.

Fraserview is comprised of 21,617 square feet of net residential rentable area across 13 one-bedroom, 15 two bedroom, and 3 three-bedroom units combining for an average suite size of 697 sf. The 3,174 square feet of retail space at grade is wholly occupied by the neighbourhood’s favourite watering hole, Bells & Whistles.

Fraserview was constructed in 2017 and has been maintained to an institutional standard through meticulous asset and property management. 

Investment Highlights

•  Unparalleled investment security with essentially zero rent downside risk in a non-capital-intensive asset (<10 years old)
• In-place rents show a projected 13% mark-to-market potential without any rental concessions required
• Atypically large suite sizes for a new PBR, averaging almost 700 SF
• Fully leased, 3,174 square foot retail space that enhances the neighbourhood’s livability and appeal
• Modern, condo-quality suite finishes including a range, dishwasher, fridge, washer & dryer, microwave, and quartz countertop
• Exceptional curb appeal and internal presentation
• Turnkey asset benefiting from the current ownership’s meticulous management approach

For more information on the sale of Fraserview, or to obtain a confidential market value estimate of your property, please contact a member of the exclusive property advisors .