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$1,499,000

4561 NANAIMO STREET

Vancouver · MLS® R3158658

5 bed · 2 bath · 2,205 sq ft · 5,100 sq ft lot · 3 parking

House · Single Family · built 1950 · 43 days on market

Listed by Jackson Ng, RE/MAX Crest Realty

Spacious 5-Bedroom Bungalow on Generous Lot-a Rare Gem! With a legal 1-bedroom garden suite perfect for rental income. Bright upper 3-bedroom suite with park views, classic layout, wood floors and a sunny backyard for gardening or play. A valuable opportunity for families upsizing, investors, or developers. Recent updates include double glazed windows, roof, hot water tank & fire sprinkler system. This larger 50'x102' (5100 sq´) lot with back lane access can accommodate a laneway home in this prime East Vancouver location. Great amenities nearby and steps to parks, schools, restaurants, groceries, banking, and transit. Excellent long-term hold or development site, currently zoned for Duplex or coach house potential, inside TOD Tier 3 for future development upside! Buyer to verify with COV

Type: House, Single Family
Bedrooms: 5
Bathrooms: 2
Living area: 2,205 sq ft
Lot: 5,100 sq ft
Parking: 3
Year built: 1950
Property tax: $8,252 / yr
Days on market: 43
MLS®: R3158658

Below typical for the area (-33%)

2026 assessment: $1,701,500 · asking is -12%
Price per sq ft: $680 vs $1,011 median for houses in Vancouver for sale (1710)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Central location
All

On market 43 days

Listed now: 56 days; median for 1720 houses for sale; this one 43 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Vancouver School Board

Elementary Norquay Elementaryhomes in this catchment
Secondary Gladstone Secondaryhomes in this catchment

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.

$7,219/mo

Mortgage $6,531 · Tax $688

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$6,531/ monthly

loan $1,199,200

25-year amortization

down payment20% · $299,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $760,100
property transfer tax: $27,980; BC general rate
cash to close: $327,780; down + PTT
total paid: $1,959,300

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

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