498 E 5th Ave, Vancouver, BC

$1,799,000
Est. Mortgage /mo

MLS® R3080282

0 sqft
$1,799,000
Est. /mo with 20% down
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 -
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 fee 0
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 Payment 0%
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

Beds Home Types Square Feet Lot Size Year Built
This Home $1,799,000
Vancouver Loading...
Mount Pleasant VE Loading...
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?

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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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