498 E 5th Ave, Vancouver, BC
$1,799,000
Est. Mortgage /mo
MLS# R3080279
4
Beds
1
Baths
1458
sqft
1234
$
/sqft
1910
built
Property Details & Specs
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 Timeline
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 |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Above Level | No | #4 |
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 & Transit Info
Public Schools
- Secondary
- Vancouver Technical Secondary School
- 5.19 km
- Elementary
- Mount Pleasant Elementary School
- 0.24 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
- Elementary
- St. Francis Xavier
- Above Average
- 0.14 km
- Secondary
- Columbia College
- 0.64 km
Closest Transit
- Bus Stop
- Eastbound Great Northern Way @ Carolina St
- 0.14 km
- Skytrain
- Skytrain @ Vcc-Clark Stn
- 0.93 km
Crime Rate
- Total Crime Rate
- Average
- Violent Crime Rate
- Below Average
- Property Crime Rate
- Above Average
Demographics
- Post-Secondary Education
- Above Average
- 46.6%
- No Certificate/Degree
- Below Average
- 7.3%
- Owner Occupied
- Above Average
- 74.3%
- Employment Rate
- Below Average
- 32%
Noise/ Power Lines
- Road/Hwy Noise
- Unlikely
- Railway/Sky train Noise
- Unlikely
- Airport/Port Noise
- Unlikely
- Close to major Power Lines
- Unlikely
Other
- Agricultural Land Reserve (ALR)
- Unlikely
- Flood Area
- Unlikely
- Close to Cemeteries
- Unlikely
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes
$609
Maintenance fee
0
A 20% down payment of $359,800 on this $1,799,000 listing yields an estimated mortgage of $6,871/month (30-year fixed, 4%). Total estimated housing cost: $7,480/month, $609 property tax.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:
Estimated Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment
0%
With $4,677/month in estimated rental income against $7,667/month in mortgage payments, the monthly cashflow is -$2,990/month. A 55% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$1,799,000
Vancouver
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Mount Pleasant VE
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Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar Single Family Residences average $1,674,499 across 2 active listings — this listing is 7.4% above the Vancouver average.
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Listing Price Comparision
This house
$1,400,000
Surrey
Fleetwood Tynehead
$1,399,000
-6.38%
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Property FAQs
What are the closest top-rated schools to 498 E 5th Avenue, Vancouver, BC?
The closest top-rated schools are Vancouver Technical Secondary School and Mount Pleasant Elementary School.
Is 498 E 5th Avenue, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 498 E 5th Avenue, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $10,794.
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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
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