942 NANAIMO STREET, Vancouver
$1,300,000
This 4,171 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.
Imagine the opportunities for this ideally located, well-kept house in Renfrew. New roof (Sept 2025). Featuring a classic layout and interior size of 1,821 with 2 beds up/2 beds down with separate entrance, 2 baths situated on a 33x126 lot in one of East Vancouver’s most established and evolving neighbourhoods. Zoned RM-12N w/ lane access, offering exciting future potential - ideal for a starter family, builders, or multigenerational living. Lord Nelson Elementary and Templeton Secondary catchments, and just a short walk to Notre Dame Secondary. Enjoy quick access to Hwy 1, downtown, the North Shore, and the vibrant shops and eateries along Hastings. With parks, transit, and community amenities nearby, this is offers prime holding and development value!
How this price compares
This lot asks $312 per square foot of lot. That is 30% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 68 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
- $1,300,000
- Lot size
- 4,171 sqft
- Lot dimensions
- 33 x 126.4
- Frontage
- 33 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1938
- Zoning
- RM-12
- MLS® area
- Renfrew VE
- MLS® number
- R3136229
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Listing data via MLS®. Displayed for information only. Zoning RM-12 stamped from the city record on 2026-07-25.