1636 Frances St, Vancouver, BC, MLS® R3070006

$1,899,000
Est. Mortgage /mo

$1,899,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
4 Beds
2 Baths
2 Stories
lot 4026 sqft
1622 sqft
1912 built
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Map
Street view
Schools
Crime
Commute
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1636 Frances St, Vancouver, BC | MLS® R3070006 Property Details

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-

General Info

Price $1,899,000
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1622
Lot Size 4026
Lot Size Depth Feet
Lot Size Frontage 33
Basement Partial, Exterior Entry, Unfinished
Basement Features BasementFeatures

Property Metrics

Year Built 1912
Age Of Building 113
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3070006
Area Vancouver East
Neighbourhood Hastings
City Vancouver
Gross Taxes $9,103.2
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace 0
Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Carport Single, Garage Single, Lane Access
Total Parking Spaces 2

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Strata Restrictions -
Rental Restrictions -
Zoning RM4
Rental Suites None
# of Kitchens 2
Flooring Hardwood, Laminate, Tile
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: MLA Canada Realty

NOTE: 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Secondary
Britannia Community Secondary School
0.37 km
Elementary
Admiral Seymour Elementary School
0.62 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St Francis of Assisi
0.55 km
8.9/10
Excellent
Elementary, Secondary
PALS Autism School
1.17 km

Closest Transit

Bus Stop
Southbound Commercial Dr @ Frances St
0.09 km
Skytrain
Skytrain @ Vcc-Clark Stn
1.65 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Possible
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to 1636 Frances Street, a charming property located in the heart of Vancouver, BC, listed with MLS® R3070006. As we step into this beautiful home, let's start by exploring the excellent educational options available in the area.

Just down the road, you'll find Admiral Seymour Elementary School, a highly-rated institution with a rating of No Rating. This school is just a 0.62 km walk from our property, making it an excellent choice for families who value convenience and quality education. Additionally, Britannia Community Secondary School is also nearby, situated 0.37 km from our home.

For families seeking a more specialized education, there are also several independent schools in the area. The closest Elementary independent school to 1636 Frances Street is St. Francis of Assisi, with a rating of 8.9/10, located just 0.55 km from our property. On the secondary level, PALS Autism School is the closest independent school, with a rating of No Rating, situated 1.17 km from our home.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), the neighbourhood surrounding 1636 Frances Street, Vancouver, BC has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. The drug crime rate is also Average, with a rating of 229.49, and there were 1,604 illegal substances lawbreaking disturbances in the city in 2020. The year-by-year change in the illegal substances offences ranking is a 1.58% increase.

In terms of property crimes, the neighbourhood is Above Average, with a property misconduct rating of 5,020.27, and 35,089 incidents reported in 2020. However, the year-by-year change in the property misconduct rate is a -20.80% decrease. Violent crime rates are Below Average, with a rate of 1,311.69, and a 3.53% increase from the previous year.

Now, let's explore the lifestyle amenities in the area. Just a short 0.09 km walk from our property, you'll find the Southbound Commercial Dr @ Frances St bus station, providing easy access to public transportation.

Demographically, this neighbourhood is a mix of families and young professionals. 32.2% of the population has a university certificate or degree, which is Above Average compared to other BC neighbourhoods. However, 15.6% of the population has no certificate or degree, which is Below Average.

In terms of income, the median household income is $41,293, which is Low compared to the British Columbia average. The median personal income is $27,392, also Below Average. However, 71.7% of households in the area have a mortgage, which is High compared to other neighbourhoods.

Unemployment rates in the area are Average, at 7.5%. Population growth in the area has been High, with a 9.2% increase between 2011 and 2016. The population density per square kilometre is High, at 3,671.3 people per sq.km. Family sizes in the area are Low, with an average of 2.5 people per family.

Transportation in the area is highly accessible, with 31.7% of the population using public transportation, which is High. 39.7% of the population uses cars, which is Low. 17.2% of the population uses bicycles, also High, and 10.1% of the population walks, also High.

As we explore this charming property, it's clear that 1636 Frances Street, Vancouver, BC, listed with MLS® R3070006, offers the perfect blend of convenience, quality education, and lifestyle amenities. Whether you're a family or a young professional, this property is sure to meet your needs.

Average size of families in the area adjacent to home for sale 1636 Frances Street is 2.5. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R3070006 is 48.6% and it is Below Average. % of Married or living common law is around 38.8% and it is Low.

Average age pf the population close to the 1636 Frances Street is 39.5. This percentage is Below Average in comparison to other BC cities.

The average value of dwellings in this neighbourhood around 1636 Frances Street, Vancouver, BC is $603,709 and this is High comparing to other areas in British Columbia.

Average Owner payments are Above Average in the area adjacent to 1636 Frances Street. $1519 owners spent in average for the dwelling. Tenants are paying $967 in this district close to MLS® R307000

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,899,000
Vancouver $1,882,905
Hastings No comparables
Data is based on list prices of similar active listings. 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

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. 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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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