House
4 Bedrooms
2 Bathrooms
Size: 1,622 sqft
Built in 1912
$1,899,000
About this House in Hastings
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 Lynn Le Drew 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.
More Details
- MLS®R3070006
- Bedrooms4
- Bathrooms2
- TypeHouse
- Size1,622 sqft
- Lot Size4,026 sqft
- Frontage33.00 ft
- Year Built1912
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The Neighbourhood and Accessibility of 1636 Frances Street, Hastings, Vancouver East
More about Hastings, Vancouver East
Latitude: 49.279228948
Longitude: -123.071807282
