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925 NANAIMO STREET, Vancouver

$1,849,000

This 5,202.79 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.

Welcome to 925 Nanaimo Street! A classic home on a RARE 42.59 x 122.16 FT CORNER LOT w/ MOUNTAIN VIEWS, this well-maintained bungalow in sought-after Grandview-Woodland offers timeless character and EXCEPTIONAL future potential. Built in 1955, the main floor features hardwood floors, a bright living room, spacious kitchen, 3 generous bedrooms and a full bathroom. Downstairs includes a finished rec room plus approx. 790 sq ft of unfinished HIGH-CEILING space with roughed-in plumbing ideal for a future suite, extra living space, workshop or storage. A fantastic opportunity for families, investors or builders looking to hold, renovate or redevelop. Close to shops, transit, parks & schools, this DESIRABLE, LARGE CORNER PROPERTY has OUTSTANDING long-term investment and redevelopment potential.

How this price compares

This lot asks $355 per square foot of lot. That is 20% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 145 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
$1,849,000
Lot size
5,202.79 sqft
Lot dimensions
42.59 x 122.16
Frontage
42.59 ft
Bedrooms
3
Bathrooms
1
Year built
1955
Zoning
RT-5
MLS® area
Grandview Woodland
MLS® number
R3144514

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Listing data via MLS®. Displayed for information only. Zoning RT-5 stamped from the city record on 2026-07-25.