Exceptional detached opportunity one block in from Commerical Street. This character home features two self-contained suites, perfect for investors, builders, or upsizers. The main floor is tenanted at $3,400/month with a fixed lease until Oct 2026, providing solid holding income, while the upper suite operates as a short-term rental with strong revenue potential. Architectural drawings are complete for a front-and-back duplex at 1.0 FSR, with the DP soft-approved by the city and to be issued together with the BP, saving significant time for redevelopment. A good chance to secure income today with major upside for the future. Higher-density potential RM-4 zoning allows for infill development and multi unit conversion with potential for up to 1.4 FSR (Buyer to verify).
Address
1636 Frances Street
List Price
$1,899,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
Vancouver East
Sub-Area
Hastings
Bedrooms
4
Bathrooms
2
Floor Area
1,622 Sq. Ft.
Main Floor Area
960
Lot Size
4026 Sq. Ft.
Lot Size Dimensions
33 x
Lot Size (Acres)
0.09 Ac.
Lot Size Units
Square Feet
Total Building Area
2582
Frontage Length
33
Year Built
1912
MLS® Number
R3070006
Listing Brokerage
MLA Canada Realty
Basement Area
Partial, Exterior Entry, Unfinished
Postal Code
V5L 1Z4
Zoning
RM4
Ownership
Freehold NonStrata
Parking
Carport Single, Garage Single, Lane Access
Parking Places (Total)
2
Tax Amount
$9,103.20
Tax Year
2025
Site Influences
Balcony
Exterior Features
Balcony
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Baseboard, Electric
Garage
Yes
Garage Spaces
1
Carport
Yes
Carport Spaces
1
Levels
Two
Number Of Floors In Property
2
Open Houses
- November 30, 2:00 PM - 4:00 PM
