1636 Frances Street

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.

Vancouver, Fraser Valley and Chilliwack MLS® Reciprocity Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Kate MacPhail for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

4 Bedrooms

2 Bathrooms

Carport Single, Garage Single, Lane Access (2) Parking

1,622 sqft

$1,899,000

Book Viewing

The Area

Browse Photos

Browse Photo Gallery

More Photos

Listing Details

MLS® R3070006
Bedrooms 4
Bathrooms 2
Type House
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

House, Vancouver East

More About Hastings, Vancouver East

Here is a brief summary of some amenities close to this listing (1636 Frances Street, Hastings, Vancouver East) such as schools, parks and recreation, main shopping centers and public transport.