1636 Frances Street
Hastings
Vancouver East
Offered At:
$1,899,000
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). Open House Dec 07. 2-
Listed by MLA Canada Realty.
Inquire about this listing:
Bedrooms: 4
Bathrooms: 2
Living
area: 1,622 sqft
| MLS® | R3070006 |
| Type: | House |
| Building: | 1636 Frances Street, Vancouver East |
| Bedrooms: | 4 |
| Bathrooms | 2 |
| Square Feet: | 1,622 sqft |
| Lot Size: | 4,026 sqft |
| Frontage: | 33.00 ft |
| Full Baths: | 2 |
| Half Baths: | 0 |
| Taxes: | $9103.2 |
| Parking: | Carport Single, Garage Single, Lane Access (2) |
| Basement: | Partial, Exterior Entry, Unfinished |
| Storeys: | 2 storeys |
| Year Built: | 1912 |
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