Fraser (Fraserhood), Vancouver: Multiplex Buyer's Guide 2026

Fraser is the strip of East Vancouver along Fraser Street, from East 16th Avenue south to East 49th Avenue, and many people call it Fraserhood. On October 8, 2026, our Fraser pages listed 24 new homes for sale, and the 20 half duplexes among them had a median asking price of $1,599,000, which was $199,000 below the median for all of Vancouver.

Where Fraser is: the listing area and the City's map

Fraser is a listing area that covers parts of three City neighbourhoods: Riley Park, Kensington-Cedar Cottage and Sunset. The MLS® system files homes here under the sub-area "Fraser VE", inside Vancouver East. The board that runs the MLS® system draws its own sub-area lines, and we could not open its map, so we checked the listings themselves. On October 8, the 24 Fraser VE listings ran from East 16th Avenue to East 49th Avenue, and every one was 84 to 533 metres on foot from a Route 8 bus stop on Fraser Street. The sub-area to the west is called Main, and the one to the east is called Knight.

On the City of Vancouver's local area boundary map, Fraser Street is the line between Riley Park on the west and Kensington-Cedar Cottage on the east, from 16th Avenue to 41st Avenue. South of 41st Avenue, both sides of the street are in Sunset. Of the 24 listings:

• **Riley Park (west of Fraser, 16th to 41st Avenue):** 10 homes
• **Kensington-Cedar Cottage (east of Fraser, 16th to 41st Avenue):** 9 homes
• **Sunset (south of 41st Avenue):** 5 homes

"Fraserhood" is the local nickname, and 11 of the 24 listings use it.

One detail matters for your search. Our Kensington-Cedar Cottage guide and Riley Park guide describe those City neighbourhoods as a whole. New homes on the streets closest to Fraser, in either neighbourhood, are filed under Fraser VE and show on our Fraser pages. If you like the streets near Fraser, search the Fraser pages first.

What is for sale in Fraser right now

On October 8, 2026, our copy of the MLS® feed showed 24 active listings in Fraser VE: 20 half duplexes and 4 homes listed as townhouses. Our copy holds only new homes built in 2025 or later, so older houses for sale are left out of every figure in this guide. The feed was refreshed that morning at 10:09 AM Pacific.

The median asking price was $1,499,000 for all 24 homes and $1,599,000 for the 20 half duplexes. For an even count, we report the lower of the two middle prices. Twenty-one of the 24 homes have 3 bedrooms.

We grouped next-door addresses sold as one project, which gives 14 sites. From north to south, with details from each listing:

• **920 East 16th Avenue:** $1,498,000, 1,495 square feet.
• **468 and 470 East 18th Avenue (2 homes):** $1,499,000 for 1,301 square feet, and $1,969,000 for 1,718 square feet with 4 bedrooms. The listings say both complete in June 2027.
• **849 and 851 East 19th Avenue (2 homes):** a coach house at $1,099,000 with 1,127 square feet, and a back half duplex at $1,449,000 with 1,568 square feet.
• **893 East 21st Avenue:** $2,198,900, 1,763 square feet, with a rooftop terrace.
• **676 and 678 East 22nd Avenue (4 homes):** two at $1,450,000 with 1,235 square feet, and two at $1,949,000 with 1,569 square feet and a 640 square foot rooftop deck.
• **810 East 22nd Avenue:** $1,798,000, 1,487 square feet.
• **646 and 648 East 23rd Avenue (3 homes):** a 2-bedroom home at $1,199,000 with 1,146 square feet, and two homes at $1,688,000 and $1,698,000 with 1,518 square feet each.
• **4161 Windsor Street:** $1,699,900, 1,492 square feet.
• **4956 Chester Street:** $1,599,000, 1,574 square feet, with solar panels.
• **5033 Prince Albert Street:** $1,499,000, 1,411 square feet, built in 2025.
• **878 East 37th Avenue:** $1,698,000, 1,714 square feet, built in 2025.
• **456 East 38th Avenue:** $1,698,000, 1,419 square feet.
• **6307 Chester Street:** $1,568,000, 1,545 square feet.
• **593 and 595 East 49th Avenue (4 homes on one lot):** a one-level, 2-bedroom home at $619,900 with 645 square feet, a half duplex at $1,299,900, a detached coach home at $1,374,900, and a half duplex with a rec room at $1,479,900.

Homes with no bedroom count above have 3 bedrooms. Twelve of the 24 asked under $1.5 million, and none of the listings describes a rental suite. The list changes every week, so check the Fraser duplexes page and the Fraser multiplexes page for the current list.

How Fraser prices compare with the rest of Vancouver

Fraser half duplexes asked a median of $1,599,000 on October 8, 2026. All 316 new half duplexes for sale in Vancouver that day had a median of $1,798,000, the figure in our September 2026 market update. The Fraser median was $199,000, or 11.1%, lower.

The neighbours on each side, counted the same way on the same day:

• **Main (west):** 20 half duplexes, median $1,975,000
• **Fraser VE:** 20 half duplexes, median $1,599,000
• **Knight (east):** 15 half duplexes, median $1,499,000

Fraser homes are smaller than the city's typical new half duplex: a median of 1,518 square feet, against 1,598 across Vancouver. Per square foot, the medians were close, at $1,119 in Fraser and $1,094 across the city. In our view, Fraser's lower median comes mostly from smaller homes, so compare floor plans along with prices.

Greater Vancouver REALTORS publishes no benchmark price for half duplexes. Its September 2026 statistics package put the Vancouver East detached house benchmark, for houses of any age, at $1,630,500, down 7.7% from a year earlier.

Down payment and taxes on these homes

The Financial Consumer Agency of Canada sets the minimum down payment at 5% of the first $500,000 plus 10% of the rest for homes under $1.5 million, and 20% of the price at $1.5 million or more.

• **$1,099,000 (the 19th Avenue coach house):** $84,900 down.
• **$1,499,000:** $124,900 down.
• **$1,599,000 (the half duplex median):** $319,800 down.
• **$2,198,900 (the highest price):** $439,780 down.

The $1,599,000 home needs $194,900 more in cash than the $1,499,000 home. With less than 20% down, the lender also adds a mortgage insurance premium to the loan.

BC's property transfer tax is 1% of the first $200,000, 2% from $200,000 to $2 million, and 3% above $2 million. On $1,599,000, that is $29,980. The Canada Revenue Agency says GST generally applies to new housing, and 5% of $1,599,000 is $79,950. Ask the listing agent in writing whether GST is included.

Two tax breaks reach some Fraser homes. BC's newly built home exemption removes the property transfer tax on a new home worth $1,100,000 or less that you live in, so the $619,900 and $1,099,000 homes could qualify at asking price. The first-time buyers' GST rebate is full up to $1 million and partial up to $1.5 million. At asking price, 1 Fraser home was under $1 million and 11 more were under $1.5 million. Both programs have conditions, so check them with your lawyer or notary.

Getting around: Fraser Street buses and the nearest SkyTrain

No SkyTrain station sits in Fraser. On OpenStreetMap walking routes, the nearest station to each of the 14 sites was 1.6 to 2.7 km away:

• **VCC-Clark Station** (Millennium Line): 1.6 km from 16th Avenue, 1.9 km from 19th Avenue and 2.1 km from 21st Avenue.
• **King Edward Station** (Canada Line): 1.9 to 2.1 km from the homes west of Fraser on 18th, 22nd and 23rd Avenue, and 2.3 to 2.7 km from 810 East 22nd Avenue, Windsor Street and 4956 Chester Street.
• **Oakridge-41st Avenue Station** (Canada Line): 1.8 km from 38th Avenue, 2.5 km from 37th Avenue and 2.7 km from Prince Albert Street.
• **Langara-49th Avenue Station** (Canada Line): 1.8 km from the 49th Avenue homes and 2.1 km from 6307 Chester Street.

Most people here reach SkyTrain by bus. These figures come from TransLink's fall 2026 schedule data for a weekday:

• Route 8 runs the length of Fraser Street, between SE Marine Drive and Waterfront Station downtown, passing Main Street-Science World Station. At Fraser and 33rd Avenue, 8 buses leave northbound between 7 and 9 a.m., one every 13 to 15 minutes. The ride to Main Street-Science World takes 13 to 17 minutes from 22nd Avenue and 25 to 29 minutes from 49th Avenue. Waterfront Station is 23 to 30 minutes from 22nd Avenue.
• Route R4, the 41st Avenue RapidBus, crosses Fraser at 41st Avenue. Between 7 and 9 a.m., 37 buses leave westbound there, and the ride to Oakridge-41st Avenue Station takes 5 to 6 minutes. Eastbound, Joyce-Collingwood Station on the Expo Line is 12 to 15 minutes away.
• Route 49 crosses at 49th Avenue, with 31 westbound buses between 7 and 9 a.m. and a 6 to 8 minute ride to Langara-49th Avenue Station.
• Route 25 crosses at King Edward Avenue, with 20 westbound buses between 7 and 9 a.m. and a 6 to 9 minute ride to King Edward Station.

In our view, Fraser works well for a family that wants one car or none.

Shops and errands on Fraser Street

Fraser Street has two busy shopping stretches: 16th Avenue to King Edward Avenue in the north, and 41st Avenue to the block south of 49th Avenue in the south. The City's business improvement area map shows the Fraser Street business improvement area on that southern stretch.

OpenStreetMap, the public map that volunteers keep up, listed these businesses on Fraser Street when we checked on October 9, 2026:

• **16th Avenue to King Edward Avenue:** 54 businesses, including 12 restaurants and 6 bakeries.
• **King Edward Avenue to 33rd Avenue:** 43 businesses, including 12 restaurants, 4 cafés and a No Frills supermarket at 4508 Fraser Street.
• **33rd Avenue to 41st Avenue:** 5 businesses.
• **41st Avenue to the block south of 49th Avenue:** 110 businesses, including 26 restaurants, 10 cafés, 9 banks and 5 pharmacies.

Volunteers add businesses over time, so the true counts may be higher. The **South Hill branch** of the Vancouver Public Library is at 6076 Fraser Street, a 312 metre walk from 6307 Chester Street.

Parks and community centres

Memorial South Park is the large park beside Fraser, and every listed home was within 441 metres of a park, in a straight line. Sizes and facilities are from the City's park data. Distances are straight-line, from the nearest home to the park's edge:

• **Memorial South Park** (13.75 hectares, 5955 Ross Street): 4 soccer fields, 4 tennis courts, 3 pickleball courts, a running track, a cricket pitch and a playground. It is 256 metres from 6307 Chester Street and 408 metres from 37th Avenue.
• **Sunset Park** (7.13 hectares, 404 East 51st Avenue): a playground, an ice rink, a dog off-leash area and Sunset Community Centre, 331 metres from the 49th Avenue homes.
• **Grays Park** (4850 St. Catherines Street): a playground, a wading pool and 2 tennis courts, 223 metres from 4956 Chester Street.
• **Sunnyside Park** and **Glen Park**: playgrounds within 142 to 351 metres of five of the northern sites.

The City lists **Sunset Community Centre** at 6810 Main Street, a 952 metre walk from the 49th Avenue homes, and **Kensington Community Centre** at 5175 Dumfries Street, 988 metres from 37th Avenue.

Schools nearby

Charles Dickens Elementary, David Livingstone Elementary and Sir Charles Tupper Secondary are closest to the northern half of Fraser, and John Oliver Secondary to the southern half. Addresses are from each school's page on the Vancouver School Board website. Distances are OpenStreetMap walking routes from the nearest listed homes:

• **Charles Dickens Elementary**, 1010 East 17th Avenue: 386 metres from 19th Avenue and 387 metres from 16th Avenue.
• **David Livingstone Elementary**, 315 East 23rd Avenue: 585 metres from 23rd Avenue.
• **Sir Alexander Mackenzie Elementary**, 960 East 39th Avenue: 405 metres from 37th Avenue and 618 metres from Prince Albert Street.
• **John Henderson Elementary**, 451 East 53rd Avenue: 712 metres from the 49th Avenue homes.
• **Sir Charles Tupper Secondary**, 419 East 24th Avenue: 344 metres from 23rd Avenue and 423 metres from 676 and 678 East 22nd Avenue.
• **John Oliver Secondary**, 530 East 41st Avenue: 744 metres from 6307 Chester Street and 928 to 940 metres from 37th and 38th Avenue.

The catchment for your exact address decides which school your child attends, and a catchment line can split a street. Check the address in the Vancouver School Board's School Locator before you make an offer, and keep a copy of the result.

Who Fraser suits

Fraser suits couples and young families who want a new 3-bedroom home on a street with shops and frequent buses, for less than the Vancouver median.

• **Families of three or four.** Twenty-one of the 24 homes have 3 bedrooms.
• **Buyers under $1.5 million.** Twelve homes asked under $1.5 million, where the lower down payment rule applies.
• **Two related households.** The 49th Avenue lot holds four homes, from $619,900 to $1,479,900, so a parent and an adult child could each buy one.

It is a weaker fit if you want rent from a suite to help with the mortgage, since none of the 24 listings described one. It is also a weaker fit if you want to walk to SkyTrain, since the nearest station was 1.6 km or more from every listed home.

Questions to ask before you make an offer

• **Is GST included in the price?** On $1,599,000, 5% GST is $79,950.
• **Who pays for what on a shared lot?** Five of the 14 sites have two to four homes for sale. Ask how the yard, parking and repair costs are shared, and whether there is a strata with fees.
• **Can I cancel after I sign?** BC lets a buyer cancel an accepted offer on most homes within three business days, for a fee of 0.25% of the price, or $3,997.50 on $1,599,000. Our Home Buyer Rescission Period guide explains how it works for new duplexes. Confirm with a lawyer.

What this comes down to

• Fraser is the MLS® sub-area along Fraser Street from 16th Avenue to 49th Avenue, covering parts of Riley Park, Kensington-Cedar Cottage and Sunset.
• On October 8, 2026, our Fraser pages listed 24 new homes. The 20 half duplexes had a median of $1,599,000, which was $199,000 below the Vancouver median of $1,798,000.
• Twelve homes asked under $1.5 million, where the minimum down payment is 5% of the first $500,000 plus 10% of the rest.
• Route 8 runs the length of Fraser Street, and the nearest SkyTrain station was 1.6 to 2.7 km on foot from each site.
• Memorial South Park, Charles Dickens Elementary and Sir Charles Tupper Secondary are close to many of the listed homes.

Frequently asked questions

Where is Fraser in Vancouver?

Fraser is the MLS® sub-area along Fraser Street in East Vancouver. On October 8, 2026, its listings ran from East 16th Avenue to East 49th Avenue. On the City's map, those streets fall in Riley Park west of Fraser, Kensington-Cedar Cottage east of Fraser, and Sunset south of 41st Avenue.

What is Fraserhood?

Fraserhood is a local nickname for the streets around Fraser Street in East Vancouver. Eleven of the 24 Fraser listings on October 8, 2026 used the name. The City's map uses the names Riley Park, Kensington-Cedar Cottage and Sunset for the same area.

How much does a new half duplex cost in Fraser?

On October 8, 2026, the 20 new half duplexes for sale in Fraser asked from $1,299,900 to $2,198,900, with a median of $1,599,000. The median home had 1,518 square feet. All were built in 2025 or 2026 or complete in 2027, according to their listings.

Is Fraser cheaper than the rest of Vancouver?

Its new half duplexes were. The Fraser median of $1,599,000 on October 8, 2026 was $199,000 below the Vancouver median of $1,798,000 across 316 half duplexes. Fraser homes were smaller, and the price per square foot was close: $1,119 in Fraser and $1,094 across the city.

Is there a SkyTrain station in Fraser?

No station sits in Fraser. On OpenStreetMap walking routes, the nearest station to each listed home was 1.6 to 2.7 km away: VCC-Clark, King Edward, Oakridge-41st Avenue or Langara-49th Avenue. The R4 bus reaches Oakridge-41st Avenue Station in 5 to 6 minutes from Fraser Street.

Which bus runs along Fraser Street?

Route 8 runs the length of Fraser Street, between SE Marine Drive and Waterfront Station downtown. At Fraser and 33rd Avenue, 8 buses leave northbound between 7 and 9 a.m. on a weekday. The ride to Waterfront Station takes 23 to 30 minutes from 22nd Avenue.

What schools are near Fraser homes?

Charles Dickens and David Livingstone elementary schools and Sir Charles Tupper Secondary are 344 to 585 metres from homes in the northern half. Sir Alexander Mackenzie Elementary and John Oliver Secondary are closest further south. Your child's school depends on your exact address, so check the Vancouver School Board's School Locator.

How much down payment do I need for a Fraser home?

It depends on the price. A $1,499,000 home needs $124,900 down, and the half duplex median of $1,599,000 needs $319,800, because homes at $1.5 million or more need 20% down. Twelve of the 24 homes asked under $1.5 million on October 8, 2026.

Do Fraser homes come with a rental suite?

None of the 24 listings on October 8, 2026 described a rental suite. Most are 3-bedroom half duplexes for one household. The four homes at 593 and 595 East 49th Avenue share one lot, so related households can buy side by side there.

Can I get the first-time buyer GST rebate in Fraser?

Some homes come under the limits. The rebate is full on new homes up to $1 million and partial up to $1.5 million. At asking price on October 8, 2026, 1 Fraser home was under $1 million and 11 more were under $1.5 million. The rebate has other conditions, so check them first.

If Fraser sounds right for your family, browse the homes for sale now or talk to our team. We can walk Fraser Street with you and check each address against the school catchment.