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
Rooms
Floor
Type
Dimensions
Main Level
Foyer
3'7 x 3'7 ft
Main Level
Living Room
13'9 x 13'9 ft
Main Level
Kitchen
11'6 x 11'6 ft
Main Level
Primary Bedroom
11'2 x 11'2 ft
Main Level
Bedroom
8'1 x 8'1 ft
Main Level
Laundry
13'5 x 13'5 ft
Main Level
Patio
11'9 x 11'9 ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
No
#3
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 fee0
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 Payment0%
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
This Home
$2,888,000
Vancouver
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Main
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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
What are the closest top-rated schools to 5050 Main Street, Vancouver, BC?
The closest top-rated schools are John Oliver Secondary School and General Brock Elementary School.
Is 5050 Main Street, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 5050 Main Street, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $17,328.
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