4695 NANAIMO STREET, Vancouver
$1,699,000
This 4,660 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.
CORNER LOT 39'x 120' (4660 sf) with 2736 sf house. 6 bdrm, 2 kitchens, 3 1/2 baths. Main floor fully renovated and ready to move in. Great for multi-generational family and rental revenue potential. Legal two family dwelling RT-11N Zoning. At Nanaimo Street & Galt, just off Kingsway, walking distance to Nanaimo Skytrain Station, Brock Park, Norquay Village, Trout Lake Comm Ctre, T&T grocery store. School catchment John Norquay Elementary, Gladstone Secondary, Van Tech French Immersion. A prime building lot with lane and wide side street access. Within Transit Oriented Development Tier 3 800m from Nanaimo Skytrain Stn. Build up to 8 storeys or 3.0 FSR (verify details with COV). Excellent property to live in and hold for future investment value. Open House Sun Nov 8 from 2-3:30pm.
How this price compares
This lot asks $365 per square foot of lot. That is 16% below the median of $436 across the 708 active lots VanPlex is showing in Vancouver, and puts it 181 of 708 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
- $1,699,000
- Lot size
- 4,660 sqft
- Lot dimensions
- 39 x 119.5
- Frontage
- 39 ft
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- 1967
- Zoning
- RT-11
- MLS® area
- Victoria VE
- MLS® number
- R3181010
Want the PlexScore and return on equity for this lot? Try PlexPro free for 14 days. Cancel before day 14 and you pay nothing.
Listing data via MLS®. Displayed for information only. Zoning RT-11 stamped from the city record on 2026-11-03.