2150 NANAIMO STREET, Vancouver
$1,449,999
This 4,008 sqft property in Vancouver is a detached single-family home on a lot the new rules make suitable for a multiplex. In Vancouver, most single-family lots fall under the R1-1 zone, which allows a multiplex of up to six units on many lots, and more on larger or corner sites. The final count depends on lot area, frontage, and whether you keep any existing character home, so each lot should be checked against the city's rules.
Builder’s Delight in Prime East Vancouver! Property is being sold for land value and is priced below current tax-assessed value! Zoned RM-12, offering exciting multi-family redevelopment potential, including townhome and low-rise residential opportunities, subject to City of Vancouver requirements. One of East Vancouver’s most sought-after neighbourhoods! Renfrew is known for its family-friendly charm, walkability, and strong sense of community. Excellent access to transit and SkyTrain. This rarely available lot is perfect for builders, developers, or savvy investors. Whether you are looking to hold, renovate, or explore redevelopment opportunities, properties like this don’t last long. Property sold “as is, where is.” Buyer to verify all development potential with the City of Vancouver.
How this price compares
This lot asks $362 per square foot of lot. That is 19% below the median of $445 across the 782 active lots VanPlex is showing in Vancouver, and puts it 179 of 782 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $1,449,999
- Lot size
- 4,008 sqft
- Lot dimensions
- 33.4 x 120
- Frontage
- 33.4 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1930
- Zoning
- RM-12
- MLS® area
- Renfrew VE
- MLS® number
- R3159853
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Listing data via MLS®. Displayed for information only. Zoning RM-12 stamped from the city record on 2026-08-31.