About 498 E 5th Avenue
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.
Property Details of 498 E 5th Avenue
| Price | $2,100,000 |
|---|---|
| Year Built | 1910 |
| Stories in Building | 2 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Floor Levels | 2 |
| Main Floor | 811 sqft |
| Total Size | 1,458 sqft |
| Bedrooms | 4 |
| Full Baths | 1 |
| Heating | Forced Air, Natural Gas |
| Basement | Full, Partially Finished |
| Title to Land | Freehold NonStrata |
| Property Taxes | $7,311 |
Amenities and Features
| Parking Type | Open, Side Access, Concrete |
|---|---|
| Parking Total | 1 |
| Site Influences | Central Location, Recreation Nearby |
| View | North Shore Mountains + City |
Lot Size
| Lot Area | 3,267 |
|---|---|
| Frontage | 50 |
| Depth | 49.5 x 66 |
Listing Details
| MLS® # | R3052676 |
|---|---|
| Status | Active |
| Listing Date | September 25th, 2025 |
| Address | 498 E 5th Avenue |
| Subdivision | Mount Pleasant VE |
| Area | Vancouver East |
| Province | BC |
| Listing Office | RE/MAX Crest Realty |