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4695 NANAIMO STREET, Vancouver

$1,899,000

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.

Excellent CORNER Property at Nanaimo Street & Galt, just off Kingsway. Large 39'x 120' (4660 sf) building lot with lane access. Renovate, hold or build. Bring your design ideas for a spacious Vancouver Special home with 6 bedrooms, 2 kitchens and 3 1/2 baths. Plenty of space for a large family with revenue potential. RT-11N Zoning and under Transit Oriented Development Tier 3, this property is within 800m of Nanaimo 29th Station which can allow build of up to 8 storeys or 3.0 FSR (verify details with City of Vancouver). Central location within walking distance to Nanaimo Skytrain Station, Norquay Village, Trout Lake Community Centre and T&T grocery store.

How this price compares

This lot asks $408 per square foot of lot. That is 9% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 288 of 758 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
$1,899,000
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.