1636 Frances Street

General property description

Exceptional detached home just one block off Commercial Street. This charming character property offers incredible flexibility with two self-contained living spaces, ideal for extended family, guests, or generating supplemental rental income. Set on a quiet, well-located street close to shops, cafés, and everyday amenities, this property also offers exciting long-term potential. Architectural plans are already in place for a front-and-back duplex, with the development permit soft-approved by the City and to be issued alongside the building permit, helping streamline any future plans. RM-4 zoning allows for increased density and flexibility. A rare opportunity to enjoy a livable home today, with built-in income and the flexibility to adapt, expand, or reimagine the property over time.

Mortgage estimate

Tax from listing

Est. monthly total

$9,693

/mo

Rate

%

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Amortization

25 yr30 yr

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Principal and interest

$8,784

Property tax

$759

P&I

Tax

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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $379,800 down (20%) on $1,899,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.