1648 NANAIMO STREET
Vancouver, BC V5L4V1
$6,500,000
Property Details
Property & Lot
- Lot size
- 13,986 square feet
C1
Ownership & Fees
- Property type
- Land / Lot
- Annual property tax
- $65,077.2 (2024)
Interior
- Fireplace
- None
Listing Information
- MLS®
- C8070450
- Listed
- July 2, 2025
- Time on market
- On the market for 425 days
- Tax assessment year
- 2024
- Data last synced
- August 28, 2026
Listing provided by: Sutton Group-West Coast Realty · Data source: CREA DDF.
Description
Prime Grandview Development site. Corner site, 711 is anchor tenant. Excellent unobstructed view corridor. Potential to assemble and develop the entire block but not necessary. Deemed Commercial node under the Grandview Plan. Allows up to 3.2 FSR. Plan calls for 6 stories mixed use. Fully leased and generating revenue. Environmental report on file. Will release complete file upon a signed NDA . https://drive.google.com/file/d/1PREq2tJvO4ku97pO7CrMDCOJ5a0rmyh-/view?usp=sharing (id:63159)
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Vancouver average
$1,442/sqft
12 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
17°C
Clear
Humidity 100%
Wind WNW 13 km/h
Tonight
14°
Tuesday
20°
Tuesday night
15°
Wednesday
19°
Wednesday night
14°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
662,248
(2021 Census)
+4.9% since 2016
Density: 5,749.7/km²
Dwellings: 328,347
Median household income: $82,000
After-tax: $72,000
Immigrant population: 42.2%
Top countries of origin (% of total population)
- China9.6% · 63,270
- Philippines4.5% · 29,925
- Hong Kong3.8% · 25,485
- India2.2% · 14,640
- United Kingdom1.9% · 12,895
- Viet Nam1.8% · 12,115
- Taiwan1.5% · 9,865
- United States of America1.5% · 9,790
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
37
5/9 categories nearby
Transit
33
5 stop(s) within 800m
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Lord Nelson Elementary | Elementary | 356 m |
| Chief Maquinna Elementary | Elementary | 454 m |
| Queen Victoria Annex | Elementary | 805 m |
| Norval-Morrisseau | Elementary | 927 m |
| Laura Secord Elementary | Elementary | 972 m |
| Templeton Secondary | Secondary | 978 m |
| St Francis of Assisi(Independent) | Elementary | 998 m |
| Notre Dame Regional Secondary(Independent) | Secondary | 1.0 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
| Stop | Type | Distance |
|---|---|---|
| Northbound Nanaimo St @ E 1st Ave | — | 16 m |
| Southbound Nanaimo St @ E 1st Ave | — | 100 m |
| Northbound Nanaimo St @ E 4th Ave | — | 336 m |
| Northbound Nanaimo St @ Charles St | — | 404 m |
| Southbound Nanaimo St @ William St | — | 405 m |
Nearby Places
Restaurants (5+)
- Song Huong · Nanaimo Street49 m
- Folietta · 1480 Nanaimo Street171 m
- Kook · 2800 East 1st Avenue769 m
- Fuku Ramen & Sushi · 2800 East 1st Avenue780 m
- Via Tevere · 1190 Victoria Drive795 m
Cafes (2)
- To Live For · 1508 Nanaimo Street132 m
- Mah Milk Bar · 1502 Victoria Drive689 m
Grocery (1)
- 大統華 T&T Supermarket · 2800 East 1st Avenue736 m
Parks (3)
- Garden Park · 1851 Garden Drive285 m
- Clinton Park · 2690 Grant Street406 m
- Victoria Park · 1425 Victoria Drive782 m
Pharmacies (1)
- Pharmasave · 2800 East 1st Avenue758 m
Nearby places data: © OpenStreetMap contributors.
School district: Vancouver (SD39)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($1,300,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.