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.
| View Description | City + North Shore Mountains |
|---|---|
| Structures | Land Only |
| Price | $1,698,000 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Community Features | Near Shopping |
| Utility Type | Sanitary Sewer Available, Storm Sewer Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Cable Connected |
| Water (WaterSource) | Public |
| Lot Size | 3267 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 49.5 |
| MLS® # | R3112402 |
| Area | Vancouver East |
| Neighbourhood | Mount Pleasant VE |
| City | Vancouver |
| Postal Code | V5T 1H9 |
| Gross Taxes | $7,310.97 |
| Zoning | RM4 |
| Status | Date | Price |
|---|---|---|
| R3112402 / Active | 04-16-2026 | $1,698,000 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Schools Near 498 E 5th Avenue | |||||
Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar properties average $1,206,967 across 5 active listings — this listing is 40.7% above the Vancouver average.
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