Fraser VE, Vancouver Houses with Basement for Sale
Vancouver houses with basements are among the most sought-after in the city — a finished lower level adds usable square footage in a market where every foot counts, and a legal secondary suite can generate rental income that materially offsets ownership costs. There are currently 45 houses with basement for sale in Fraser VE, Vancouver. Prices range from $1,199,000 to $7,850,000. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates. Many East Vancouver bungalows and two-storey homes built between 1920 and 1970 have full-height basements, often already converted to suites with a separate entrance. Newer infill homes frequently include a purpose-built in-law suite as a standard feature. A 1-bedroom basement suite in Vancouver typically rents for $1,500–$2,200/month; 2-bedroom suites range from $2,000–$2,800/month — one of the highest suite rental rates in Canada.
The houses market in Fraser VE, Vancouver is currently a Balanced Market with a 13.3% sales ratio — 6 homes sold against 45 active listings in the past 30 days. The median asking price is $2,438,800 ($1,188/sqft). Properties are selling quickly, averaging 11 days on the market.
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| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| $1M–$1.25M | 1 | 0 | 0% | |
| $1.25M–$1.5M | 2 | 0 | 0% | |
| $1.5M–$1.75M | 6 | 0 | 0% | |
| $1.75M–$2M | 7 | 1 | 14% | |
| $2M–$2.5M Most Active | 12 | 3 | 25% | |
| $2.5M–$3M | 9 | 1 | 11% | |
| Over $3M | 8 | 1 | 13% |
Sales ratio = homes sold in last 30 days ÷ active inventory. Over 20% = Seller's Market.
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