498 E 5th Avenue
Mount Pleasant VE Vancouver V5T 1H9

$2,250,000
Land Commercial

Main Photo: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
Photo 1: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
Photo 2: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
Photo 3: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
Photo 4: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
Photo 5: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
Photo 6: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
Photo 7: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
Photo 8: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
Photo 9: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
Photo 10: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
Photo 11: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
Photo 12: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
Photo 13: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
Photo 14: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
Photo 15: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
Photo 16: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
Photo 17: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
Photo 18: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
Photo 19: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
Photo 20: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
Photo 21: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
Photo 22: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
Photo 23: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
Photo 24: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
Photo 25: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8069458
Build. Type:
Mixed Use
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.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Land Commercial
Construction:
Frame Wood
Building Type:
Mixed Use
Year built:
1910 (Age: 115)
Living Area:
2,245 sq. ft.
Subject Property Depth:
66'
Subject Property Width:
49'6"
Lot Area:
3,484.8 sq. ft.
Acres Freehold:
3,485 sq. ft.
Zoning:
RM4
Potential to Redevelop:
CONTRAC L.R., No
Electricity:
Yes
Services Connected:
Electricity Connected, Garbage Collection
Sewer:
Public Sewer, Storm Sewer
Parcel Number:
015391311
Taxes:
$7,310.97 / 2024
No
No
Water Supply:
Public
Water Rights:
No
Roof:
Asphalt
Potential to Redevelop:
CONTRAC L.R., No
Env Assmt Phase:
No
Original Price:
$2,250,000
  • Photo 1: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
    Photo 1 of 25
  • Photo 2: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
    View of property location with a tree filled landscape
  • Photo 3: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
    Drone / aerial view of a tree filled landscape
  • Photo 4: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
    Aerial view of a tree filled landscape
  • Photo 5: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
    View of urban area
  • Photo 6: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
    Aerial view of property's location with skyline and property parcel outlined
  • Photo 7: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
    View of urban area featuring property parcel outlined
  • Photo 8: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
    View of stairs
  • Photo 9: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
    Foyer featuring stairs
  • Photo 10: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
    Living area with carpet flooring and a drop ceiling
  • Photo 11: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
    Dining space featuring light carpet, a chandelier, and baseboards
  • Photo 12: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
    Kitchen featuring white appliances, a sink, light countertops, light flooring, and brown cabinetry
  • Photo 13: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
    Bedroom with vaulted ceiling and light carpet
  • Photo 14: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
    Bedroom featuring light colored carpet
  • Photo 15: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
    Bedroom featuring vaulted ceiling, wood walls, and carpet
  • Photo 16: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
    Full bath featuring tile walls, vanity, toilet, a shower, and wainscoting
  • Photo 17: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
    Unfinished basement with electric panel, heating unit, and gas water heater
  • Photo 18: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
    Basement with washer and dryer
  • Photo 19: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
    Entrance foyer featuring stairway
  • Photo 20: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
    Living room featuring carpet and a paneled ceiling
  • Photo 21: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
    Dining room featuring light floors and wooden walls
  • Photo 22: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
    View of front of home featuring asphalt driveway and a fenced front yard
  • Photo 23: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
    Rear view of house featuring a fenced backyard and a porch
  • Photo 24: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
    Drone / aerial view
  • Photo 25: 498 E 5th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8069458
    Floor plan / room layout
Listed by RE/MAX Crest Realty
Data was last updated June 19, 2025 at 08:35 PM (UTC)