498 E 5TH AVENUE
Vancouver, BC V5T1H9
$1,698,000
Property Details
Property & Lot
- Lot size
- 3,267 square feet
R5-3
Ownership & Fees
- Property type
- Land / Lot
- Annual property tax
- $7,310.97 (2024)
Interior
- Fireplace
- None
Listing Information
- MLS®
- C8077952
- Listed
- April 16, 2026
- Time on market
- On the market for 137 days
- Tax assessment year
- 2024
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Crest Realty · Data source: CREA DDF.
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. (id:63159)
Values & Trends
This listing
$756/sqft
Building average
—
No other active listings in this building
Vancouver average
$1,504/sqft
11 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
17°C
Clear
Humidity 100%
Wind WNW 13 km/h
Tonight
14°
Tuesday
20°
Tuesday night
15°
Wednesday
19°
Wednesday night
14°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
662,248
(2021 Census)
+4.9% since 2016
Density: 5,749.7/km²
Dwellings: 328,347
Median household income: $82,000
After-tax: $72,000
Immigrant population: 42.2%
Top countries of origin (% of total population)
- China9.6% · 63,270
- Philippines4.5% · 29,925
- Hong Kong3.8% · 25,485
- India2.2% · 14,640
- United Kingdom1.9% · 12,895
- Viet Nam1.8% · 12,115
- Taiwan1.5% · 9,865
- United States of America1.5% · 9,790
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
59
7/9 categories nearby
Transit
33
5 stop(s) within 800m
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| St Francis Xavier(Independent) | Elementary | 104 m |
| Mount Pleasant Elementary | Elementary | 211 m |
| Florence Nightingale Elementary | Elementary | 645 m |
| Columbia College(Independent) | Secondary | 742 m |
| St. Patrick Regional Secondary(Independent) | Secondary | 864 m |
| St Patrick's Elementary(Independent) | Elementary | 996 m |
| Queen Alexandra Elementary | Elementary | 1.3 km |
| Grandview ¿uuqinak’uuh Elementary | Elementary | 1.4 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
| Stop | Type | Distance |
|---|---|---|
| Westbound Great Northern Way @ Thornton St | — | 151 m |
| Westbound Great Northern Way @ Carolina Street | — | 177 m |
| Eastbound Great Northern Way @ Carolina St | — | 208 m |
| Eastbound Great Northern Way @ Brunswick St | — | 208 m |
| Westbound E Broadway @ St. George St | — | 378 m |
Nearby Places
Restaurants (5+)
- JEJU · 540 East Broadway419 m
- Thai Son · 373 East Broadway426 m
- Como Ultramar · 592 East Broadway427 m
- Sushi Yama · 371 East Broadway445 m
- Carp · 2516 Prince Edward Street453 m
Cafes (5+)
- Nemesis Coffee · 555 Great Northern Way127 m
- Kafka · 577 Great Northern Way251 m
- Paper Crane Coffee · 531 East Broadway375 m
- Moodbe Cafe · 381 East Broadway413 m
- AM Cafe · 2528 Guelph Street445 m
Grocery (5+)
- Sakuraya Japanese Supermarket · 517 East Broadway370 m
- Kim's Mart · 519 East Broadway370 m
- Save-On-Foods · 370 East Broadway520 m
- Jood Halal Meats And Grocery · 757 East Broadway541 m
- PriceSmart Foods · 288 East Broadway602 m
Parks (5+)
- Carolina Park176 m
- Unnamed208 m
- Guelph Park298 m
- Unnamed312 m
- Sahalli Park404 m
Gyms (5+)
- Pilates Process · 365 East Broadway453 m
- Lykopis Archery · 2180 Main Street538 m
- Rumble Boxing Studio · 168 Kingsway602 m
- Gracie Barra · 2440 Main Street614 m
- Progression Bouldering · 275e 10th Avenue Bikeway631 m
Pharmacies (5+)
- La Madonna · 428 East Broadway428 m
- Pharmasave · 2140 Main Street537 m
- Shoppers Drug Mart · 370 East Broadway555 m
- Mt Pleasant Pharmacy · 93 Kingsway556 m
- Indigo Pharmacy Mid-Main · 2205 Main Street584 m
Banks & ATMs (2)
- RBC453 m
- GVC Credit Union · 370 East Broadway488 m
Nearby places data: © OpenStreetMap contributors.
School district: Vancouver (SD39)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($339,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.