498 E 5th Avenue
Vancouver East, Mount Pleasant VE, BC V5T 1H9
Description
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.
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Details for 498 E 5th Avenue
Contract
- Status
- Active
- MLS® Number
- R3112402
- List Price
- $1,698,000
- List Date
- 04/16/2026
- Expiry date
- 09/25/2026
Site
- Lot Size
- 3,267 sqft
- Lot Size
- 0.08 acres
- Frontage
- 49.5
- Direction
- North
- Ownership
- Freehold NonStrata
- Zoning
- RM4
- Parcel Number
- 800181442
- Annual Taxes
- $7,311
- Tax Year
- 2024
- View
- Yes
- Legal Description
- Lot 8, PL VAP268, DL 264A, Block 88
Exterior
- Lot Features
- Central Location, Recreation Nearby
History for 498 E 5th Avenue
| Status | Change | List price | Close price | DOM | Changed | MLS® | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| Active | First Recorded Entry | $1,698,000 | Login to view | 122 | 04/16/2026 11:32 AM | R3112402 | Login to view | RE/MAX Crest Realty |
| Terminated | Status | $1,799,000 | Login to view | 90 | 04/16/2026 11:09 AM | R3080282 | Login to view | RE/MAX Crest Realty |
| Active | First Recorded Entry | $1,799,000 | Login to view | — | 01/16/2026 11:08 AM | R3080282 | Login to view | RE/MAX Crest Realty |
| Terminated | Status | $1,799,000 | Login to view | 25 | 01/16/2026 10:05 AM | R3070677 | Login to view | RE/MAX Crest Realty |
| Active | First Recorded Entry | $1,799,000 | Login to view | — | 11/27/2025 11:53 AM | R3070677 | Login to view | RE/MAX Crest Realty |
| Terminated | Status | $2,100,000 | Login to view | 49 | 11/27/2025 11:52 AM | R3052681 | Login to view | RE/MAX Crest Realty |
| Active | First Recorded Entry | $2,100,000 | Login to view | — | 09/26/2025 10:40 AM | R3052681 | Login to view | RE/MAX Crest Realty |