7429 Fraser Street, Vancouver, V5X 3W3 — photo 1

$1,349,000

7429 Fraser Street, Vancouver, V5X 3W3
Active
4 Bedrooms 2 Bathrooms 1,966 sqft Built 1949 Residential
1 Listing Signal Detected
Renovation RequiredNote

Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.

About This Property

This home offers the perfect blend of investment potential and liveability. Situated in a Prime duplex-zoned area, it’s ideal for developers or a family looking to secure a foothold in the market. The main level features a traditional floor plan with 2 bedrooms, a cozy living room with a wood-burning fireplace, and a spacious rec room that opens to a private backyard. Downstairs, you'll find a 2-bedroom suite with a separate entrance offering rental income potential and plenty of extra storage space. Located within a short stroll to Moberly Park, transit, and local amenities. Call to book your showing today!

Unauthorized SuiteFireplace

Property Details

MLS #

R3020055

Status

Active

Type

Residential

Sub-type

Single Family Residence

Style

Other

Ownership

Freehold NonStrata

Zoning

RT2

Bedrooms

4

Full Baths

2

Half Baths

0

Kitchens

2

Fireplaces

1

Living Area

1,966 sqft

Main Floor

1,032 sqft

Basement

934 sqft fin.

Lot Size

3,780 sqft

Lot Dimensions

35 x 108

Frontage

35

Year Built

1949

Age

77 years

Roof

Asphalt

Construction

Frame Wood, Glass (Exterior), Stucco

Structure

Residential Detached

Parking Type

Other, Front Access

Original Price

$1,485,000

Taxes

$7,657.82/yr

Listed

2025-06-25

MLS Area

South Vancouver

City

Vancouver

Postal Code

V5X 3W3

Features & Finishes

Heating

Other · Wood

Flooring

Mixed

Appliances

Washer/Dryer · Refrigerator · Stove

Laundry

In Unit

Fireplace

Wood Burning

Building & Community

Transit

NEAR

Schools

NEAR

Lot Features

Central Location, Recreation Nearby

Fencing

Fenced

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Community

Shopping Nearby

Disclosures

Property Disclosure

Yes

Coordinates: 49.216864, -123.091322 · Map data © Google

9.6

Hot Deal

Deal Score out of 10

Strong value relative to the market with clear seller motivation signals.

Value vs market28% below market $/sqft
Days on market314 days — significantly stale, strong negotiation position
Price historyPrice dropped 9% from original ask — seller showing motivation
Market conditionsBuyer's market — avg 97% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$1,274,399

5.5% below asking price

Negotiation Range

$1,240,674$1,294,634

$53,960 spread

$1,240,674$1,349,000 ask

Based on 82 recent sales, a starting offer around $1,274,399 (5.5% below ask) is reasonable. Your negotiation range is $1,240,674 – $1,294,634.

What's factored in

Market baseline82 recent Vancouver sales closed at median 96.8% of list price
Price already reducedSeller dropped from 9% off original ask — indicates motivation
Extended market time314 days listed — well above market avg of 175 days, increased negotiation leverage
Above-average DOM314d vs market avg of 175d — property may have a pricing or condition issue

Based on 82 residential sales in Vancouver (last 60 days) · Updated May 4

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