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.
Address
498 E 5th Avenue
List Price
$2,250,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Area
Vancouver East
Sub-Area
Mount Pleasant VE
Bedrooms
4
Bathrooms
1
Floor Area
1,458 Sq. Ft.
Main Floor Area
811
Lot Size
3267 Sq. Ft.
Lot Size Dimensions
49.5 x 66
Lot Size (Acres)
0.08 Ac.
Lot Features
Central Location, Recreation Nearby
Lot Size Units
Square Feet
Total Building Area
2245
Frontage Length
49.5
Year Built
1910
MLS® Number
R3005533
Listing Brokerage
RE/MAX Crest Realty
Basement Area
Full, Partially Finished
Postal Code
V5T 1H9
Zoning
RM4
Ownership
Freehold NonStrata
Parking
Open, Side Access, Concrete
Parking Places (Total)
1
Tax Amount
$7,310.97
Tax Year
2024
Site Influences
Central Location, Recreation Nearby, Shopping Nearby
Community Features
Shopping Nearby
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air, Natural Gas
Laundry Features
In Unit
Other Structures
Workshop Attached
Levels
Two
Number Of Floors In Property
2
View
Yes
View Type
North Shore Mountains + City