$1,980,000

1616 NANAIMO STREET

Vancouver BC V5L 4V1 - Renfrew VE

3 bd

2 ba

2,577 sqft

Built 1949

About This Property

Attention, developers, and investors. Great holding revenue. This prime development opportunity, awaits your ideas. possibly to assemble from 13,598 sq. ft. to 27,590 sq. ft Currently C1 zoning city has indicated the developer can apply for C2 possibly up to 3.2 FSR. This site is located in a highly desirable area just minutes to the drive. Buyer to verify…

Features

Detached

Rear Access

Shopping Nearby

Room measurements6 rooms▸

KitchenMain · 12'8 × 13'5

Living RoomMain · 7'6 × 19'6

Primary BedroomMain · 12'8 × 12'11

BedroomMain · 10'2 × 11'2

BedroomMain · 11'5 × 13'1

KitchenBsmt · 9'5 × 13'1

Property Details

MLS NumberR3161711

Property TypeSingle Family Residence

Bedrooms3

Bathrooms2

Square Feet2,577

Lot Size4,995 sqft

Year Built1949

Parking Spaces1

HeatingForced Air

Days on Market5

StatusActive

Listed BySutton Group-West Coast Realty

School Catchment

Elementary Nelson

Secondary Templeton

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.

$1,510,000Median home value

$97,000Median household income

65.1%Owner-occupied

42.2%Single-detached homes

2.7Avg household size

43.2Median age

42.3%Bachelor's degree or higher (25-64)

58%Commute under 30 min

65.3%Drive to work

41.6%Foreign-born residents

4,638Neighbourhood population

Age

Under 1512.7%
15 to 6469%
65 and over18.3%

Household size

1 person22.3%
232.1%
317.3%
417.6%
5 or more10.7%

Language spoken at home

48.8% English mother tongue

Cantonese25.2%
Italian4.4%
English + other3.9%
Vietnamese3.2%
Mandarin2.5%
Spanish2.2%
All others9.8%

Mother tongue, share of 4,640 residents.

How this pocket differs

more Italian speakers than Renfrew VE 4.4% vs 3%
fewer Vietnamese speakers than Renfrew VE 3.2% vs 4.6%
Median dwelling value is higher than Metro Vancouver $1,510,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.