5050 Main St, Vancouver, BC

$2,888,000
Est. Mortgage /mo

MLS® R3075422

2 Beds
1 Baths
771 sqft
3746 $ /sqft
1953 Built
$2,888,000
Est. /mo with 20% down
$3,746/sqft · Tax $3,628/2024
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

INVESTOR & BUILDER ALERT: This 3,696 sq. ft. lot in Vancouver’s premier Main Street corridor offers significant development potential under 2026 Small-Scale Multi-Unit Housing (SSMUH) mandates, allowing for increased density such as a multiplex or townhome project. Prospective buyers are advised to perform their own due diligence with the City of Vancouver regarding specific development potential, requirements and permits. Currently featuring a solid 2-bedroom rancher with mountain views and a detached garage, the property provides immediate holding income. Located steps from Nat Bailey Stadium, Queen Elizabeth and Riley Park’s vibrant cafes, this site boasts exceptional transit access to Downtown and UBC. Purchase individually or as a strategic land assembly with adjacent properties.

General Info

Price $2,888,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 771
Lot Size 3696
Lot Size Depth Feet
Lot Size Frontage 33
Basement None
Basement Features -

Property Metrics

Year Built 1953
Age Of Building 73
Building Type Single Family Residence
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3075422
Building Name -
Area Vancouver East
Neighbourhood Main
City Vancouver
Postal Code V5W 2R3
Price per Sqft $3,746
Gross Taxes $3,627.55
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 0
Heating Type Forced Air

Utilities

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

Parking

Parking Type Detached, Side Access
Total Parking Spaces 2
Listed by: Royal LePage Sterling 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
John Oliver Secondary School
0.92 km
Elementary
General Brock Elementary School
Average
0.25 km
6.6/10

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

Private Schools

Elementary
St. Andrew's
1.41 km
Secondary
King David High School
1.74 km

Closest Transit

Bus Stop
Southbound Main St @ E 33 Ave
0.1 km
Skytrain
Skytrain @ Oakridge-41St Stn
1.26 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
40.7%
No Certificate/Degree
Average
12.6%
Owner Occupied
Below Average
42.8%
Employment Rate
Average
62.4%

Noise/ Power Lines

Road/Hwy Noise
Possible
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 $302
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $11,332/month in total housing costs on this $2,888,000 property — $11,030 mortgage payment, $302 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 $6,931/month estimated rent and $11,572/month in total housing costs, this property has a -$4,641/month cashflow. Break-even down payment: approximately 54%.
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 $2,888,000
Vancouver Loading...
Main Loading...
No active comparables were found in Main. Based on 2 similar Single Family Residences across Vancouver, the average asking price is $1,732,667 — this listing is 66.7% 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

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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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