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1648 Nanaimo Street
homes for sale · Vancouver
$6,500,000

1648 Nanaimo Street

Vancouver · MLS® C8070450

13,986 sq ft lot · Land · Vacant Land · 485 days on market

listed by Joel Korn, Sutton Group-West Coast Realty

realtor's 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

property details

type
Land, Vacant Land
lot
13,986 sq ft
parking
0
property tax
$65,077 / yr
days on market
485
MLS®
C8070450

features

  • Lane

monthly cost

$34,030/mo
Mortgage $28,607 · Tax $5,423

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$28,607/ monthly
loan $5,200,000
25-year amortization
total interest
$3,382,220
property transfer tax
$243,000
BC general rate
cash to close
$1,543,000
down + PTT
total paid
$8,582,220
transfer tax

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

location

VancouverGoogle Maps ↗

Rapid transit: Commercial–Broadway SkyTrain station, 1.3 km (about 20 min walk); Renfrew SkyTrain station, 1.5 km (about 23 min walk).

schools

Catchment schools, Vancouver School Board

  • Elementary Nelson Elementaryhomes in this catchment

    400 m away · 1355 Garden Drive, Vancouver · 604-713-4595

  • Secondary Templeton Secondaryhomes in this catchment

    1000 m away · 727 Templeton Dr, Vancouver · 604-713-8984

From the Vancouver School Board's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Joel Korn
Sutton Group-West Coast Realty
604-722-4588call Joel
Powered by: REALTOR.ca

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property tax by year

yearassessedest. tax
2026$4,542,100$15,274

The listing shows $65,077 a year in property tax.

Estimate: the BC Assessment value times Vancouver's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

the market here

listed now
87 days
median for 25 homes for sale; this one 485 days

Homes in Vancouver. Sale prices register 1 to 3 months after a sale closes.

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location

lot outline: 462 m² (4,973 sq ft) · PID 011-278-048. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

VancouverGoogle Maps ↗

Rapid transit: Commercial–Broadway SkyTrain station, 1.3 km (about 20 min walk); Renfrew SkyTrain station, 1.5 km (about 23 min walk).

Drive times
  • Lord Nelson Elementary1 min
  • Templeton Secondary4 min
  • LaSalle College Vancouver4 min
  • Mount Saint Joseph Hospital8 min
  • Downtown Vancouver10 min
  • YVR airport27 min
82

Walkability 82/100 · Very walkable: most errands on foot

Within a 10 minute walk: 3 places to eat or drink, 1 cafe, 7 parks and playgrounds, 2 schools, 8 transit stops.

mihom score from OpenStreetMap places, by straight line distance.