4695 NANAIMO STREET, Vancouver
$1,699,000
This 4,659 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. Renovated and Ready to Move In - Nanaimo Street & Galt, just off Kingsway. Central location within walking distance to Nanaimo Skytrain Station, Norquay Village, Trout Lake Community Centre and T&T grocery store. 39'x 120' (4660 sf) building lot with lane and wide side street access. Large Vancouver Special home (2736 sf) with 6 bedrooms, 2 kitchens and 3 1/2 baths. Plenty of space for an extended family with revenue potential. RT-11N Zone and Transit Oriented Development Tier 3, this is an excellent property to live in and has holding investment value. It is within 800m of Nanaimo 29th Station - can build up to 8 storeys or 3.0 FSR (verify details with City of Vancouver).
How this price compares
This lot asks $365 per square foot of lot. That is 18% below the median of $445 across the 782 active lots VanPlex is showing in Vancouver, and puts it 184 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
- $1,699,000
- Lot size
- 4,659 sqft
- Lot dimensions
- 39 x 119.47
- Frontage
- 39 ft
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- 1967
- Zoning
- RT-11
- MLS® area
- Victoria VE
- MLS® number
- R3093459
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Listing data via MLS®. Displayed for information only. Zoning RT-11 stamped from the city record on 2026-07-25.