5050 MAIN STREET
Vancouver, BC V5W2R3
$2,888,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 3,696 square feet
- Frontage
- 33 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,627.55 (2024)
Interior
- Heating
- Forced air
- Fireplace
- None
Exterior & Lot
- View
- View
Parking
- Total spaces
- 2 — covered indicated
- Features
- Detached Garage
Listing Information
- MLS®
- R3075422
- Listed
- January 2, 2026
- Time on market
- On the market for 241 days
- Tax assessment year
- 2024
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Sterling Realty · Data source: CREA DDF.
Description
INVESTOR & BUILDER ALERT: This 3,696 sq. ft. lot (33' x 112') in Vancouver´s premier Main Street corridor offers significant development potential under 2026 Small-Scale Multi-Unit Housing (SSMUH) mandates, allowing for increased density such as a multiplex or townhome project. Prospective buyers are advised to perform their own due diligence with the City of Vancouver regarding specific development potential, requirements and permits. Currently featuring a solid 2-bedroom rancher with mountain views and a detached garage, the property provides immediate holding income. Located steps from Nat Bailey Stadium, Queen Elizabeth Park, and Riley Park´s vibrant cafes, this site boasts exceptional transit access to Downtown and UBC. Purchase individually or as a strategic land assembly with adjacent properties (5064 & 5092 Main St) to maximize your footprint in this high-demand neighbourhood. Call today! (id:63159)
Values & Trends
This listing
$3,746/sqft
Building average
—
No other active listings in this building
Vancouver average
$1,163/sqft
1216 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.
Detached (House) Market Stats — Vancouver
Monthly figures from the Fraser Valley Real Estate Board for Vancouver detached (house)listings — not specific to this property.
MLS® HPI Benchmark Price
$2,303,200
Jul 2026
Average Sale Price
$2,623,974
Jul 2026
Monthly Sales
131
Jul 2026
Active Listings
1,316
Jul 2026
Sales-to-Active Ratio
10.0%
Jul 2026
Median Days to Contract
27 days
Jul 2026
MLS® HPI Benchmark Price
Source: Fraser Valley Real Estate Board (FVREB).
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 |
|---|---|---|
| General Brock Elementary | Elementary | 250 m |
| Sir Wm Van Horne Elementary | Elementary | 941 m |
| General Wolfe Elementary | Elementary | 959 m |
| John Oliver Secondary | Secondary | 1.0 km |
| Sir Alexander Mackenzie Elementary | Elementary | 1.2 km |
| Sir Richard McBride Annex | Elementary | 1.2 km |
| Sir Charles Tupper Secondary | Secondary | 1.2 km |
| David Livingstone Elementary | Elementary | 1.3 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 |
|---|---|---|
| Southbound Main St @ E 33 Ave | — | 100 m |
| Eastbound E 33 Ave @ Main St | — | 129 m |
| Westbound E 33 Ave @ Main St | — | 145 m |
| Northbound Main St @ E 36 Ave | — | 152 m |
| Southbound Main St @ E 36 Ave | — | 170 m |
Nearby Places
Restaurants (5+)
- Bon Cafe · 4909 Main Street121 m
- Oretachi Curry · 4855 Main Street208 m
- Haiyi Seafood Restaurant · 4818 Main Street298 m
- Ivy's Kitchen · 4598 Main Street451 m
- Corner 29 · 4488 Main Street583 m
Cafes (5+)
- C Market Coffee · 195 East 36th Avenue128 m
- Noct Coffee · 4807 Main Street283 m
- Breka Bakery & Café · 4554 Main Street497 m
- 101 Boba · 4458 Main Street628 m
- Blue Parrot Coffee680 m
Grocery (1)
- Nesters Market · 4475 Main Street615 m
Parks (5+)
- Cartier Park331 m
- Riley Park400 m
- Nat Bailey Stadium Park561 m
- Hillcrest Park794 m
- Queen Elizabeth Park798 m
Gyms (5+)
- The Bar Method · 4888 Main Street159 m
- Train by FW · 4825 Main Street249 m
- Core Community · 4785 Main Street351 m
- Squash BC · 4867 Ontario Street402 m
- Axe Capoeira Hillcrest · 4575 Clancy Loranger Way660 m
Pharmacies (3)
- Hello Pharmacy · 4882 Main Street171 m
- Pharmasave · 4628 Main Street405 m
- Mednow Pharmacy · 4484 Main Street596 m
Banks & ATMs (2)
- CIBC · 4493 Main Street591 m
- BMO · 4402 Main Street692 m
Nearby places data: © OpenStreetMap contributors.
School district: Vancouver (SD39)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($577,600) — 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.