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Royal LePage
Royal LePage
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$1,899,000

4 Beds

2 Baths

2582 FEETSQ

QuickQuoteTM: $1.6M - $2.0M

Vancouver BC, V5L 1Z4

MLS® # R3070006

Property Information:

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-

Building Features:

  • Floor Space: 2582 Square Feet

Property Features:

  • Bedrooms: 4
  • Bathrooms: 2+0
  • Annual Tax Amount: $9,103
  • Appliances: Washer/Dryer, Dishwasher, Refrigerator
  • Basement: Partial, Exterior Entry, Unfinished
  • Built in: 1912
  • Exterior Features: Balcony
  • Floor Space (approx): 2582 Square Feet
  • Heating: Baseboard, Electric
  • Levels: Two
  • Lot Frontage: 33 Feet
  • Lot Size: 4026.00 Square Feet
  • Parking Features: Carport Single, Garage Single, Lane Access
  • Structure Type: Residential Detached
  • No. of Parking Spaces: 2

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS® Reciprocity logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board.

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Location of 1636 Frances Street, Vancouver, BC, V5L 1Z4

Demographic Information of 1636 Frances Street, Vancouver, BC, V5L 1Z4

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$107,690.86

Average Number of Children

1.54

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.85 %

High school certificate or equivalent

24.96 %

Apprenticeship trade certificate/diploma

6.56 %

College/non-university certificate

17.08 %

University certificate (below bachelor)

3.73 %

University Degree

32.83 %

Commuter

Travel To Work

By Car

49.07 %

By Public Transit

20.12 %

By Walking

16.13 %

By Bicycle

14.24 %

By Other Methods

0.44 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

87.25 %

Houses

12.75 %

Own Vs. Rent

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The property information on this website is derived from Royal LePage listings and the Canadian Real Estate Association's Data Distribution Facility (DDF®). DDF® references real estate listings held by brokerage firms other than Royal LePage and its franchisees. The accuracy of information is not guaranteed and should be independently verified. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies the REALTOR.ca Data Distribution Facility (DDF®).
*All offices are independently owned and operated. Those offices marked as “Royal LePage® Real Estate Services Ltd., Brokerage”, including its “Johnston & Daniel®” division, “Royal LePage® Credit Valley Real Estate, Brokerage”, “Royal LePage® West Real Estate Services”, “Royal LePage® Sussex”, and “Les Immeubles Mont-Tremblant / Mont-Tremblant Real Estate” are owned and operated by Bridgemarq Real Estate Services®.
The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Royal LePage® is a registered Trademark of Royal Bank of Canada and is used under license by Bridgemarq Real Estate Services®.

Bridgemarq® & Design / Bridgemarq Real Estate Services® are registered Trademarks of Residential Income Fund L.P. and are used under licence by Bridgemarq Real Estate Services® Inc.

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS® Reciprocity logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board.