498 E 5th Ave, Vancouver BC - Single Family Residence for Sale - MLS# R3112399

$1,698,000
Est. Mortgage $7,512/mo
4 Beds
1 Baths
1458 sqft
1165 $ /sqft
1910 built
$1,698,000
Est. $7,512/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
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Property Details for 498 E 5th Avenue

Charming Character home on a Prime Mt. Pleasant Corner Lot presenting an outstanding opportunity for end users, 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. Reside in as-is, renovate, or hold and invest in the many development possibilities. Transit Orientated and nearby to the new Great Northern Way - Emily Carr SkyTrain station. The properties hillside placement provides exceptional City + North Shore Mountain view opportunities. Currently collecting rental revenue of $5,225/m.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Full, Partially Finished
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Fireplace 0
Heating Type Forced Air, Natural Gas
Laundry In Unit
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter

Exterior Features

View Description North Shore Mountains + City
Roof Asphalt
Structures Residential Detached

Building Details

Price $1,698,000
Total Bedrooms 4
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1458
Year Built 1910
Age Of Building 116
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Open, Side Access, Concrete
Total Parking Spaces 1
Rental Suites None

Lot & Land

Lot Size 3267
Lot Size Depth Feet
Lot Size Frontage 49.5
MLS® # R3112399
Area Vancouver East
Neighbourhood Mount Pleasant VE
City Vancouver
Postal Code V5T 1H9
Gross Taxes $7,310.97
Zoning R5-3

Property Timeline

Status Date Price
R3112399 / Pending 04-16-2026 $1,698,000
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.

Map & Neighbourhood

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
9.8/10
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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 498 E 5th Avenue

BC Assessment Value — 498 E 5th Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 015-391-311).
Total Assessed Value (2026)
$1,656,000
-4.7% YoY
0.0%/yr over 4 yr
2022 Value Trend 2026
Land
$1,591,000
Buildings
$65,000
Year Built
1910
Class
Residential
Zoning
R5-3
Property Tax
$8,046
Year Land Improvements Total Assessed YOY Change
2026 $1,591,000 $65,000 $1,656,000
-4.7%
2025 $1,689,000 $49,500 $1,738,500
-1.8%
2024 $1,715,000 $55,100 $1,770,100
+2.0%
2023 $1,678,000 $57,300 $1,735,300
+4.8%
2022 $1,599,000 $57,400 $1,656,400

Mortgage Calculator for 498 E 5th Avenue

/month
Principal & Interest
Property Taxes $609
Maintenance fee 0
A 20% down payment of $339,600 on this $1,698,000 listing yields an estimated mortgage of $6,485/month (30-year fixed, 4%). Total estimated housing cost: $7,094/month, $609 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
With $4,414/month in estimated rental income against $7,270/month in mortgage payments, the monthly cashflow is -$2,856/month. A 56% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Mount Pleasant VE, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $1,698,000
Vancouver Loading...
Mount Pleasant VE Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar Single Family Residences average $1,511,500 across 2 active listings — this listing is 12.3% 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 Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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