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 Anthony Drlje 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.
- MLS®: R3070006
- Bedrooms: 4
- Bathrooms: 2
- Type: House
- 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
Browse Photos of 1636 Frances Street
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Anthony Drlje 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.