498 E 5th Ave, Vancouver, BC | MLS® R3005533 Property Details

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.

General Info

Price $2,250,000

Total Bedrooms 4

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 1458

Lot Size 3267

Lot Size Depth Feet

Lot Size Frontage 49.5

Basement Full, Partially Finished

Basement Features BasementFeatures

Property Metrics

Year Built 1910

Age Of Building 115

Building Type Single Family Residence

Property Type Residential

Stories 2

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS # R3005533

Area Vancouver East

Neighbourhood Mount Pleasant VE

City Vancouver

Gross Taxes $7,310.97

Ownership Type Freehold NonStrata

Maintenance Fee -

Community Features Shopping Nearby

Heating & Cooling

Fireplace 0

Heating Type Forced Air, Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Open, Side Access, Concrete

Total Parking Spaces 1

🔒 Join or Sign In • Real estate boards need a verified account to see Property data

Strata Restrictions -

Rental Restrictions -

Zoning RM4

Rental Suites None

Laundry In Unit

# of Kitchens 1

Flooring Mixed

Foundation Concrete Perimeter

Locker -

View Description North Shore Mountains + City

Units In Development -

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Roof Asphalt

Property History

🔒 Join or Sign In • Real estate boards need a verified account to see Property data

Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	15'1 x 15'1 ft
Main Level	Family Room	14'4 x 14'4 ft
Main Level	Dining Room	10'8 x 10'8 ft
Main Level	Kitchen	17'8 x 17'8 ft
Above Level	Bedroom	13'6 x 13'6 ft
Above Level	Bedroom	11'8 x 11'8 ft
Above Level	Bedroom	13'6 x 13'6 ft
Below	Other	31'3 x 31'3 ft
Main Level	Bedroom	10'8 x 10'8 ft

Listed by: RE/MAX Crest 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 Info

Public Schools

Secondary

Vancouver Technical Secondary School

5.19 km

No Rating

Elementary

Mount Pleasant Elementary School

0.24 km

No Rating

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

Private Schools

Elementary

St. Francis Xavier

0.14 km

Rating 9.8/10

Secondary

Columbia College

0.64 km

No Rating

Closest Transit

Translink

Eastbound Great Northern Way @ Carolina St

0.14 km

Welcome to the charming Mount Pleasant neighborhood in Vancouver, BC! I'm thrilled to take you on a tour of this incredible community, nestled at 498 E 5th Avenue, Vancouver, BC, where the MLS listing number R3005533 proudly stands.

As we begin our exploration, you'll notice that this lovely home is served by the esteemed Mount Pleasant Elementary School, a mere 0.24 km away. This school has a rating of No Rating, but don't worry – I'll share more about what makes it special in a moment. You'll also find Vancouver Technical Secondary School, with a rating of No Rating, a comfortable 5.19 km from this beautiful property.

Now, let's talk about the closest independent schools. I'm pleased to introduce you to St. Francis Xavier, an Elementary school with an impressive rating of 9.8/10, located just 0.14 km from this home for sale. This is an excellent option for families, don't you think? For Secondary education, you'll be within walking distance to Columbia College, with a rating of No Rating, just 0.64 km from this address.

Now, let's take a look at the crime stats in this neighborhood. According to the freshest data from Statistics Canada (2020), there were 52,217 violations in this area. The overall crime rate near 498 E 5th Avenue, Vancouver, BC is 7,470.82, which is Average compared to other Canadian cities. But don't worry – the crime rate has actually decreased by 14.94% year-over-year!

Let's dive deeper into the specifics. The drug crime rate is Average, with 1,604 incidents in 2020, and an increase of 1.58% year-over-year. Property crimes in this area are Above Average, with 35,089 incidents in 2020, and a decrease of 20.80% year-over-year. On the other hand, the violent crime rate is Below Average, with 1,311.69 incidents in 2020, and an increase of 3.53% year-over-year.

Now, let's talk about transportation. The closest Bus station is Eastbound Great Northern Way @ Carolina St, just 0.14 km from this listing with MLS number R3005533. You'll be connected to the city in no time!

As we explore the demographics of this neighborhood, you'll notice that 46.6% of the population has a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 7.3% of the population has no certificate or degree, which is Low compared to the average in BC.

Now, let's take a look at income levels. The median household income near this dwelling (498 E 5th Avenue, Vancouver, BC) is $58,832, which is Below Average compared to the British Columbia average. However, the median personal income is $41,461, which is Above Average. Additionally, 74.3% of households in this area have a mortgage, which is High.

Unemployment rates in this area are also impressive, with a rate of 4.9%, which is Low compared to other province neighborhoods.

Population growth in this area is noteworthy, with a 22.3% increase between 2011 and 2016, and a population density of 4,702.9 people per square kilometer, which is High.

Average family size in this area is 2.3, which is Low compared to the whole region. Furthermore, 32% of families nearby have children, which is Low. However, 46.5% of the population is made up of married or living common-law couples, which is Low.

The average age of the population in this area is 38.9, which is Below Average compared to other BC cities.

Finally, let's talk about real estate. The average value of dwellings in this neighborhood is $512,551, which is Above Average compared to other areas in British Columbia. As for average owner payments, they are Above Average, with owners spending an average of $1,475 per month. Tenants, on the other hand, pay an average of $1,128 per month, which is also Above Average.

And did you know that 59.7% of the population in this area are renters, which is High compared to other BC cities and areas? However, 84.2% of the population speaks only English, which is Below Average.

Lastly, 27.6% of the population uses public transportation, which is High, while 41.7% use cars, which is Low. 15.4% of the population uses bicycles, which is High, and 13.8% walk, which is also High.

I hope you've enjoyed this tour of the

Show more Hide