5050 Main St, Vancouver, BC, MLS® R3075422

$2,888,000
Est. Mortgage /mo

NEW

$2,888,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
2 Beds
1 Baths
1 Stories
lot 3696 sqft
771 sqft
1953 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

5050 Main St, Vancouver, BC | MLS® R3075422 Property Details

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.

General Info

Price $2,888,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 771
Lot Size 3696
Lot Size Depth Feet
Lot Size Frontage 33
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1953
Age Of Building 73
Building Type Single Family Residence
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3075422
Area Vancouver East
Neighbourhood Main
City Vancouver
Gross Taxes $3,627.55
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 0
Heating Type Forced Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Detached, Side Access
Total Parking Spaces 2

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Strata Restrictions -
Rental Restrictions -
Zoning RT-2
Rental Suites None
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View 1
View Description SOME MOUNTAIN VIEWS
Units In Development -
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Royal LePage Sterling 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 Info

Public Schools

Secondary
John Oliver Secondary School
0.92 km
Elementary
General Brock Elementary School
Average
0.25 km
6.6/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St. Andrew's
1.41 km
Secondary
King David High School
1.74 km

Closest Transit

Bus Stop
Southbound Main St @ E 33 Ave
0.1 km
Skytrain
Skytrain @ Oakridge-41St Stn
1.26 km

Noise/ Power Lines

Road/Hwy Noise
Possible
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

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!

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $2,888,000
Vancouver $1,732,667
Main $2,888,000
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

No comparables

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

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