4390 Nanaimo Street, Vancouver, V5N 5J1 — photo 1

$2,280,000

4390 Nanaimo Street, Vancouver, V5N 5J1
Active
0 Bedrooms 0 Bathrooms 2,059 sqft Built 1937 Residential
1 Listing Signal Detected
Renovation RequiredNote

Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.

About This Property

Attention to all developers and investors! This corner lot has excellent development potential! Centrally located and within the TOA (Transit Oriented Area) of Nanaimo Skytrain Station. Tier 2 - within 400m = Up to 12 storeys or up to 4.0 FSR. This is a 1.5 storey home with a basement and has 4 bedrooms and 1.5 bathrooms.

Fireplace

Property Details

MLS #

R3010106

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

R1-1

Bedrooms

0

Full Baths

0

Half Baths

0

Kitchens

0

Fireplaces

1

Living Area

2,059 sqft

Main Floor

933 sqft

Above Main

426 sqft

Basement

700 sqft fin.

Lot Size

3,673 sqft

Lot Dimensions

33.7 x 109

Frontage

33.7

Year Built

1937

Age

89 years

Roof

Asphalt

Construction

Frame Wood, Stucco

Structure

Residential Detached

Parking Stalls

2

Parking Type

Lane Access

Original Price

$2,280,000

Taxes

$7,287.48/yr

Listed

2025-06-02

MLS Area

Collingwood VE

City

Vancouver

Postal Code

V5N 5J1

Features & Finishes

Heating

Forced Air · Hot Water

Flooring

Mixed

Fireplace

Wood Burning

Exterior Features

No Outdoor Area

Building & Community

Lot Features

Central Location

Water Source

Public

Sewer

Sanitary Sewer, Storm Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Disclosures

Property Disclosure

Yes

Coordinates: 49.245579, -123.056249 · Map data © Google

5.3

Above Market

Deal Score out of 10

Priced above comparable sales — may have room to negotiate.

Value vs market16% above market — check if justified
Days on market337 days — significantly stale, strong negotiation position
Price historyNo price reduction — seller firm on price
Market conditionsBuyer's market — avg 97% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$2,154,749

5.5% below asking price

Negotiation Range

$2,097,749$2,188,949

$91,200 spread

$2,097,749$2,280,000 ask

Based on 82 recent sales, a starting offer around $2,154,749 (5.5% below ask) is reasonable. Your negotiation range is $2,097,749 – $2,188,949.

What's factored in

Market baseline82 recent Vancouver sales closed at median 96.8% of list price
Extended market time337 days listed — well above market avg of 175 days, increased negotiation leverage
Above-average DOM337d vs market avg of 175d — property may have a pricing or condition issue

Based on 82 residential sales in Vancouver (last 60 days) · Updated May 4

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