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1636 Frances Street Comercial Drive (Hastings), Vancouver East

4 bed | 2 bath | $1,899,000

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1636 Frances Street, Comercial Drive (Hastings), Vancouver East
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"About this House in Comercial Drive (Hastings), Vancouver East"

 

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.

 
 

Brought to you by your friendly REALTORS® through the MLS® System, courtesy of KanaVero Real Estate 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. Trademark owned or controlled by The Canadian Real Estate Association. Used under license.

 

Property Features

  • MLS® : R3070006
  • Type : House
  • 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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Photo 1 at 1636 Frances Street, Comercial Drive (Hastings), Vancouver East
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