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
-
Total Bathrooms
-
Half Bathrooms
-
Floor Area Total (sqft)
-
Lot Size
3267
Lot Size Depth
Feet
Lot Size Frontage
49.5
Basement Features
-
Property Metrics
Year Built
-
Age Of Building
-
Building Type
-
Property Type
Land
Stories
-
Building Features
-
Structures
Land Only
Additional Details
MLS® #
R3080282
Building Name
-
Area
Vancouver East
Neighbourhood
Mount Pleasant VE
City
Vancouver
Postal Code
V5T 1H9
Price per Sqft
-
Gross Taxes
$7,310.97
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Community Features
Near Shopping
Fixtures Included
-
Heating & Cooling
Fireplace
-
Utilities
Utility Type
Sanitary Sewer Available, Storm Sewer Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Cable Connected
Water (WaterSource)
Public
Parking
Total Parking Spaces
-
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 fee0
With a 20% down payment, buyers can expect an estimated $7,480/month in total housing costs on this $1,799,000 property — $6,871 mortgage payment, $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 Payment0%
Based on $4,677/month estimated rent and $7,667/month in total housing costs, this property has a -$2,990/month cashflow. Break-even down payment: approximately 55%.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$1,799,000
Vancouver
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Mount Pleasant VE
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No active comparables were found in Mount Pleasant VE. Based on 4 similar Lands across Vancouver, the average asking price is $1,301,633 — this listing is 38.2% above the city-wide 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
What are the closest top-rated schools to 498 E 5th Avenue, Vancouver, BC?
The closest top-rated schools are Vancouver Technical Secondary School and Mount Pleasant Elementary School.
Is 498 E 5th Avenue, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 498 E 5th Avenue, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $10,794.
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