NEW
INVESTOR & BUILDER ALERT: This 3,696 sq. ft. lot 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 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.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Foyer | 3'7 x 3'7 ft |
| Main Level | Living Room | 13'9 x 13'9 ft |
| Main Level | Kitchen | 11'6 x 11'6 ft |
| Main Level | Primary Bedroom | 11'2 x 11'2 ft |
| Main Level | Bedroom | 8'1 x 8'1 ft |
| Main Level | Laundry | 13'5 x 13'5 ft |
| Main Level | Patio | 11'9 x 11'9 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
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.
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Noise/ Power Lines
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Welcome to 5050 Main Street, Vancouver, BC - Your Dream Home Awaits!
As we step into the vibrant community of 5050 Main Street, Vancouver, BC, you'll discover a haven that perfectly blends convenience, comfort, and connection. With its prime location, this property is a treasure trove of opportunities, and I'm excited to share its unique features with you.
Education: Where Knowledge Meets Community
Just down the road, you'll find General Brock Elementary School, rated 6.6/10, and located just 0.25 km away from this stunning property with MLS# R3075422. General Brock Elementary School is a beloved institution in the area, offering a supportive learning environment that fosters growth and development.
Families love this area because of the excellent education system, and John Oliver Secondary School, with its No Rating, is another gem nearby, situated 0.92 km from home. St. Andrew's, an independent elementary school, and King David High School, an independent secondary school, are also within a short distance, making it easy to access top-notch education for your loved ones.
A Safe and Thriving Community
According to the latest crime statistics from Statistics Canada (2020), this neighbourhood boasts an Average crime rate of 7,470.82, with a notable decrease of 14.94% year-over-year. The area is generally considered safe, with a focus on community policing and neighborhood watch programs. With a fresh start, you can enjoy peace of mind knowing that your family is protected.
Let's walk you through the amenities and attractions that make 5050 Main Street a sought-after destination.
Transit and Commuting: Convenience at Your Doorstep
Just a short stroll away, the Southbound Main St @ E 33 Ave bus station is conveniently located 0.1 km from this property with MLS# R3075422. Commuting is a breeze, with easy access to major highways and public transportation. Whether you're headed to work or exploring the city, getting around has never been easier.
Demographics and Lifestyle: A Thriving Community
In this vibrant neighbourhood, 40.7% of residents hold a university certificate or degree, ranking High compared to other BC neighbourhoods. You'll feel right at home with a diversity of cultures and languages, including English (83.9%), French (9%), and other languages spoken by 7.1% of the population.
The median household income is $70,617, which is Average compared to the British Columbia average. With a median personal income of $33,227, you'll find a comfortable and affordable lifestyle. A low unemployment rate of 4.9% and a growing population make this an attractive area to call home.
Real Estate Context: A Prime Investment
With an average dwelling value of $1,806,306, this neighbourhood offers a prime opportunity for investment. The average owner payments are $1,661, and tenants pay $1,253, both ranking High compared to other cities. As a result, 38.4% of the population are renters, making it an attractive area for investors and homeowners alike.
Lifestyle and Amenities: A True Gem
In this vibrant community, you'll find a range of lifestyle amenities to suit every interest. Enjoy the nearby parks, beaches, trails, dog parks, and shopping malls, or explore the local restaurants, coffee shops, and grocery stores. With a hospital nearby, you'll have access to top-notch medical care when you need it.
In conclusion, 5050 Main Street, Vancouver, BC, is a hidden gem that offers a unique blend of convenience, comfort, and connection. With its prime location, excellent education system, safe and thriving community, convenient transit options, and a range of lifestyle amenities, this property is sure to capture your heart.
Don't miss this opportunity to make 5050 Main Street your dream home. Contact me today to schedule a viewing and experience the best of Vancouver living!
MLS# R3075422 - Your Dream Home Awaits!
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