1636 FRANCES STREET|Vancouver, British Columbia V5L1Z4

EUR 1,899,000
For Sale MLS: R3070006

Property Details

Bedrooms

4

Bathrooms

2

Property Type

Single Family

Description

MLS Number: R3070006

Property Details: • Type: Single Family • Ownership Type: Freehold • Bedrooms: 4 • Bathrooms: 2 • Building Type: House • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: Carport, Garage (1) • Parking Spaces: N/A

Description: 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. 2-4 PM. (32206448)

Agent Information: • Agents: Alan He • Contact: 778-980-5863 • Brokerage: MLA Canada Realty • Website: http://www.mlacanada.com

Time on Realtor: 6 days ago

Location

Address

1636 FRANCES STREET|Vancouver, British Columbia V5L1Z4

City

Vancouver

Features and Finishes

None

Legal Notice

This website uses cookies to ensure you get the best experience. Learn more