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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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4561 Nanaimo Street, Vancouver
MLS®: R3021541
2205
Sq.Ft.
2
Baths
4
Beds
5,100
Lot SqFt
1950
Built
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Description
Rare 50’ x 102’ (5,100 SF) lot with back lane access in prime East Vancouver location. Currently zoned for Duplex with Coach House and falls within TOD Tier 3 (400–800m) zone—potential for up to 3.0 FSR and 8 storeys with future land assembly (verify with COV). Solid and well-maintained 4 bed, 2 bath home with a legal 1 bedroom suite below, perfect for rental income or extended family. Recent updates include double-glazed windows, roof, hot water tank, and fire sprinkler system. Ideal opportunity for families, investors, or developers. Steps away to parks, schools, restaurants, banking, and Nanaimo SkyTrain. Excellent long-term hold or development site.
Taxes (2024): $8,251.80
Amenities
Shopping Nearby
Features
Washer
Dryer
Dishwasher
Refrigerator
Stove
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