3390 NANAIMO STREET, Vancouver
$999,000
This 8,611 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.
Price isn't a typo! Investors, Developers and Builders - Great chance to build up your portfolio and invest in the future of this neighbourhood. REDEVELOPMENT potential within the TOA (Transit Oriented Area) at Tier 3 - 800 meters. Up to 8 stories or 3.0 FSR. Great potential to hold and/or build later. Large 8600 sqft lot. Court Order sale for 2/3 share of property, 1/3 share ALSO available to purchase for remainder of the property. As is where is. Please CALL Samantha for more details.
How this price compares
This lot asks $116 per square foot of lot. That is 74% below the median of $445 across the 782 active lots VanPlex is showing in Vancouver, and puts it 4 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
- $999,000
- Lot size
- 8,611 sqft
- Lot dimensions
- 0 x
- Frontage
- 0 ft
- Bedrooms
- 6
- Bathrooms
- 3
- Year built
- 1954
- Zoning
- R1-1
- MLS® area
- Renfrew Heights
- MLS® number
- R3162891
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-09-09.