3,267 sqft lot
Freehold NonStrata
RM4 zone
Public remarks
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.
Private remarks
Lot size and measurements as well as house age taken from BC Assessment. House size and measurements from Reangle. Buyers to verify all measurements to their own satisfaction. Main level bedroom does not have closet. Some interior listing photos taken prior to property being tenanted. Property tenanted for $5,223.64/m on m2m. Pls allow min. 48 hours notice for showings and do not walk property without app't.
Buyer agency compensation
1.3%
$2,250,000
Active
Listed
05/20/2025
Expiry date
Original price
Gross taxes (2024)
$7,310.97
Property transfer tax
$45,500.00
Last Updated: 05/23/2025 06:26 PM
Courtesy of RE/MAX Crest Realty
| Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| 498 5th Avenue | R3006665 | 05/23/2025 06:26 PM | 05/20/2025 | Active | $2,250,000 | Login to view | Josh Mulherin | RE/MAX Crest Realty |