Vancouver Dossier

2428 Franklin St, Vancouver, BC

A freehold property, built 1922 on a 373 m² R1-1 lot with a rear lane. Older than 80% of the buildings on Franklin St.

Assessed 2026

$2,706,000

Zoning

R1-1

Lot

≈ 373 m²

Built

1922

2 to check5 notes3 clear

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What the records show for 2428 Franklin St

Note

Built before 1990: asbestos survey before renovating

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What the record says: Built 1922.
What it means: Buildings from before 1990 can contain asbestos in drywall compound, flooring, insulation and stucco. The City asks for a hazardous materials survey before it permits renovation or demolition of these buildings.
What to do: Budget for a hazardous materials survey and, if asbestos is found, removal by a certified contractor before any renovation.

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R1-1 lot: fits a multiplex, 3–4 homes, borderline

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Built 1922: ask about a buried oil tank

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Note

Rebuilt in 2022 after a demolition

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Note

4 permits on this lot since 2017

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What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Note

Assessed at $2,706,000, +111% since 2021

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Note

Short-term rentals: only in your principal residence

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What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Clear

Not on the Heritage Register

Clear

Outside the City floodplain

Clear

Separated storm and sanitary sewers

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Street view

About 2428 Franklin St

Assessed at $2,706,000 for 2026 (±0% on 2025). One of the highest assessed houses on Franklin St, above 97% of them. Rebuilt after a 2022 demolition. School catchment: Hastings Elementary and Templeton Secondary. Commercial-Broadway Station is 2.3 km away.

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Each finding explained, full permit and value history, questions for the seller and a PDF for your agent.

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Assessment history of 2428 Franklin St

2026$2,706,000

Up 111% since 2021

Permits on this lot · 4 since 2017

Jul 2022 · New building, laneway house$161,000

3 more permits in the full report

The lot and zoning

Area≈ 373 m²

Frontage and depth

What the zoning allows

Schools and parks near 2428 Franklin St

Elementary catchmentHastings Elementary

Secondary catchmentTempleton Secondary

PALS Autism School142 m

Hastings Community Elementary393 m

Our Lady of Sorrows481 m

Pandora Park180 m

Templeton Park440 m

How catchments work

Transit near 2428 Franklin St

Nearest SkyTrain: Commercial-Broadway (Expo Line, Millennium Line)2.3 km

Northbound Nanaimo St @ E Hastings St · 757 m

Eastbound E Hastings St @ Nanaimo St · 14, 16, 7, N35, R581 m

Westbound E Hastings St @ Nanaimo St · 14, 16, N35, R5119 m

Bus routes within 400 m: 4, 7, 14, 16, 209, 210, 211, 214, N35, R5

Street, trees and terrain

City street trees in front1 · Oak Leaf Mountain Ash

Ground elevation≈ 44 m above sea level

Slope across the lotFlat, about 1 m

Nearest arterial roadNanaimo St, 51 m

Truck route51 m

Crime near 2428 Franklin St

Incidents within 400 m in the last 12 months, by type: in the full report.

Rezoning and development nearby

Within 300 m in the last two years: 4 new-building permits and 4 demolition permits.

New buildings nearby:

Rezoning applications within 800 m: in the full report.

In Hastings-Sunrise, the City issued 221 new-building permits and 134 demolition permits in the last two years. About the neighbourhood

Questions about 2428 Franklin St

What is 2428 Franklin St assessed at?

$2,706,000 for 2026, from BC Assessment through the City’s property tax report.

When was 2428 Franklin St built?

In 1922, according to BC Assessment. A major improvement is recorded in 1960.

What is the zoning of 2428 Franklin St?

It is zoned R1-1 under the Vancouver Zoning and Development By-law. More

What can be built at 2428 Franklin St?

Under R1-1 the lot appears to fit a multiplex, 3–4 homes, right at the minimum size, so a survey decides. It has a rear lane, which a laneway home needs. More

Is 2428 Franklin St in a floodplain?

No. It is outside the floodplains designated by the City of Vancouver. More

Is 2428 Franklin St on the Heritage Register?

No. It is not listed on the Vancouver Heritage Register. More

Can 2428 Franklin St be rented short term (Airbnb)?

Only as the owner’s or tenant’s principal residence, with a City business licence and a provincial registration number; a second home or investment unit cannot be rented for less than 90 days. More

What building permits has 2428 Franklin St had?

The City has issued 4 permits since 2017. The latest, from Jul 2022: new building ($161,000). More

Which schools serve 2428 Franklin St?

Elementary: Hastings Elementary. Secondary: Templeton Secondary. Placement depends on space: confirm with the school.

How far is the nearest SkyTrain station from 2428 Franklin St?

Commercial-Broadway Station is 2.3 km away in a straight line.

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Other addresses on Franklin St

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Checked against City of Vancouver open data on October 25, 2026. How we check · Data sources · Glossary