498 E 5th Ave, Vancouver, BC

$1,799,000
Est. Mortgage /mo

MLS® R3080279

4 Beds
1 Baths
1458 sqft
1234 $ /sqft
1910 Built
$1,799,000
Est. /mo with 20% down
$1,234/sqft · Tax $7,311/2024
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

Prime Mt. Pleasant Corner Lot at East 5th and St. George presenting an outstanding opportunity for investors and developers alike. Ideally situated on a quiet residential street within one of Vancouver’s most vibrant communities. Just steps to schools, parks, and all of the amenities found along Main Street. Short stroll to the Seawall, Olympic Village, False Creek Flats, and the new St. Paul's Hospital. Development opportunities abound with it's current RM4 zoning coupled with it's MNAA high-density designation within the Broadway Plan. Transit Orientated and within 200m from the new Great Northern Way - Emily Carr SkyTrain station. The sites hillside placement provides exceptional City + North Shore Mountain view opportunities. Currently collecting rental revenue of $5,225/m.

General Info

Price $1,799,000
Total Bedrooms 4
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1458
Lot Size 3267
Lot Size Depth Feet
Lot Size Frontage 49.5
Basement Full, Partially Finished
Basement Features -

Property Metrics

Year Built 1910
Age Of Building 116
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3080279
Building Name -
Area Vancouver East
Neighbourhood Mount Pleasant VE
City Vancouver
Postal Code V5T 1H9
Price per Sqft $1,234
Gross Taxes $7,310.97
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 0
Heating Type Forced Air, Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Open, Side Access, Concrete
Total Parking Spaces 1
Listed by: RE/MAX Crest Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood & Transit Info

Public Schools

Secondary
Vancouver Technical Secondary School
5.19 km
Elementary
Mount Pleasant Elementary School
0.24 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St. Francis Xavier
0.14 km
Secondary
Columbia College
0.64 km

Closest Transit

Bus Stop
Eastbound Great Northern Way @ Carolina St
0.14 km
Skytrain
Skytrain @ Vcc-Clark Stn
0.93 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average
46.6%
No Certificate/Degree
Below Average
7.3%
Owner Occupied
Above Average
74.3%
Employment Rate
Below Average
32%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $609
Maintenance fee 0
A 20% down payment of $359,800 on this $1,799,000 listing yields an estimated mortgage of $6,871/month (30-year fixed, 4%). Total estimated housing cost: $7,480/month, $609 property tax.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
With $4,677/month in estimated rental income against $7,667/month in mortgage payments, the monthly cashflow is -$2,990/month. A 55% down payment would reach break-even.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $1,799,000
Vancouver Loading...
Mount Pleasant VE Loading...
Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar Single Family Residences average $1,674,499 across 2 active listings — this listing is 7.4% above the Vancouver average.
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Property FAQs

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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