Home Vancouver, BC Hastings Sunrise 2798 Yale Street

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Rare 66'×125' ft R1-1 corner redevelopment site in a prime Hastings-Sunrise location. This 8,253 sq ft property with lane access represents a rare oversized redevelopment parcel and one of the most compelling development opportunities currently available in all of East Vancouver. This corner lot provides exceptional site flexibility, allowing builders and investors to explore multiple development pathways depending on design and approvals. Opportunities to secure redevelopment sites of this scale in Hastings-Sunrise are extremely limited. Ideally positioned steps from New Brighton Park, PNE, Hastings Street amenities, transit, and with quick access to Highway 1, with exceptional views of Burrard Inlet & North Shore Mountains. Zoning allows for up to 6 strata lots and 8,253 buildable SQ FT

Building 18 fields Inside & out 8 fields Lot & land 10 fields

Building Details

Price	$2,700,000
Total Bedrooms	6
Total Bathrooms	4
Full Bathrooms	3
Half Bathrooms	1
Floor Area Total (sqft)	4092
Year Built	1911
Age Of Building	115
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
Utility Sewer	Public Sewer
Water (WaterSource)	Public
Parking Type	Other, Lane Access
Total Parking Spaces	3

Interior Features

Basement Finished Area (sqft)	995
Basement Features	Unfinished
Heating Type	Natural Gas
# of Kitchens	2
Foundation	Concrete Perimeter

Exterior Features

View Description	Burrard Inlet & N/S Mountains
Roof	Asphalt
Structures	Residential Detached

Lot & Land

Lot Size	8252.98
Lot Size Depth	Feet
Lot Size Frontage	65.95
MLS^® #	R3178015
Area	Vancouver East
Neighbourhood	Hastings Sunrise
City	Vancouver
Postal Code	V5K 1C3
Gross Taxes	$13,724.2
Zoning	R1-1

Property Timeline

Status	Date	Price
R3178015 / Active	10-22-2026	$2,700,000
to view full Property History (6 earlier records)

Rooms

Floor	Type	Dimensions
Main Level	Living Room	14'9 x 14'9 ft
Main Level	Kitchen	16'2 x 16'2 ft
Main Level	Dining Room	16'6 x 16'6 ft
Main Level	Family Room	15'3 x 15'3 ft
Above Level	Primary Bedroom	16' x 16' ft
Above Level	Bedroom	13'4 x 13'4 ft
Above Level	Bedroom	12' x 12' ft
Above Level	Bedroom	13'5 x 13'5 ft
Above Level	Study	8'4 x 8'4 ft
Above Level	Hobby Room	22'6 x 22'6 ft
Above Level	Great Room	16' x 16' ft
Above Level	Other	16' x 16' ft
Basement Level	Living Room	19' x 19' ft
Basement Level	Kitchen	8' x 8' ft
Basement Level	Bedroom	9'2 x 9'2 ft
Basement Level	Bedroom	9' x 9' ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#2
Above Level	No	#4
Basement	No	#4
Basement	No	#4

Listed by: Macdonald 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, sell speed & climate

SkyTrain 3.37 km · Templeton Secondary School 6.7/10 · 1.63 km · crime average · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Transit (1 nearby)

Bus stop westbound dundas st @ n garden dr · 976 m · Transit

Public Schools

Elementary
Hastings Community Elementary School: Average 0.92 km 6.4/10
Secondary
Templeton Secondary School: Average 1.63 km 6.7/10

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

Private Schools

Elementary, Secondary
West Coast Christian School: Average 0.64 km 6/10
Elementary, Secondary
West Coast Christian School: Average 0.64 km 6/10

Closest Transit

Bus Stop
Westbound McGill St @ N Kaslo St: 0.19 km
Skytrain
Skytrain @ Rupert Stn: 3.37 km

Crime Rate

Total Crime Rate: Average
Violent Crime Rate: Below Average
Property Crime Rate: Above Average

Demographics

Post-Secondary Education: Below Average 24.5%
No Certificate/Degree: Above Average 22.5%
Owner Occupied: Below Average 49.2%
Employment Rate: Average 64.5%

Noise/ Power Lines

Road/Hwy Noise: Unlikely
Railway/Sky train Noise: Possible
Airport/Port Noise: Unlikely
Close to major Power Lines: Unlikely

Other

Agricultural Land Reserve (ALR): Unlikely
Flood Area: Unlikely
Close to Cemeteries: Unlikely

Sell Speed & Competition

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Possible — near transit

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How HASTINGS SUNRISE compares

This property

21 DOM

Listed

Climate Risk for V5K 1C3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5K 1C3, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.3 µg/m³ — meets Canada's CAAQS. Nearest station: North Vancouver Second Narrows, North Vancouver (~2.3 km). Annual avg AQHI 1.9 — Low Risk.

Heat Low

Vancouver currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Schools NearBy

24 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
West Coast Christian School	Independent	Grades Served K-12	Catchment Info —	6.0 / 10	Distance 635 m
Tillicum Community Annex	Public	Grades Served K-4	Catchment Info —	7.4 / 10	Distance 751 m
Hastings Community Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	6.4 / 10	Distance 924 m
Our Lady Of Sorrows	Independent	Grades Served —	Catchment Info —	9.7 / 10	Distance 1.22 KM
Our Lady of Sorrows School	Independent	Grades Served K-7	Catchment Info —	9.7 / 10	Distance 1.26 KM
Dr. A. R. Lord Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.32 KM
Notre Dame Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	7.8 / 10	Distance 1.60 KM
Templeton Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.7 / 10	Distance 1.63 KM
Sir John Franklin Community School	Public	Grades Served K-7	Catchment Info —	6.7 / 10	Distance 1.74 KM
St Francis of Assisi	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 2.01 KM
Lord Nelson Elementary	Public	Grades Served —	Catchment Info —	6.9 / 10	Distance 2.18 KM
Lord Nelson Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.19 KM
Britannia Community Secondary School	Public	Grades Served 8-12	Catchment Info —	5.0 / 10	Distance 2.35 KM
North Star Montessori Elementary School	Independent	Grades Served K	Catchment Info —	N/A	Distance 2.44 KM
Britannia Community Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.50 KM
Chief Maquinna Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 2.51 KM
Gilmore Community Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 2.52 KM
Norval-Morrisseau	Public	Grades Served —	Catchment Info —	N/A	Distance 2.71 KM
Fawkes Academy DL	Independent	Grades Served —	Catchment Info —	9.5 / 10	Distance 2.72 KM
Admiral Seymour Elementary School	Public	Grades Served K-7	Catchment Info —	N/A	Distance 2.75 KM
Kenneth Gordon	Independent	Grades Served —	Catchment Info —	5.6 / 10	Distance 2.80 KM
Lynnmour Elementary School	Public	Grades Served K-7	Catchment Info —	5.0 / 10	Distance 2.91 KM
Queen Victoria Annex	Public	Grades Served K-5	Catchment Info —	6.4 / 10	Distance 2.93 KM
Ridgeway Elementary School	Public	Grades Served K-7	Catchment Info —	6.4 / 10	Distance 2.95 KM

Pre-computed routes from 2798 Yale St, Vancouver, BC

2798 Yale St, Vancouver, BC Rupert 3.4 km

58 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Rupert → Waterfront
58 min
Metrotown, Burnaby via Rupert → Metrotown
58 min
SFU Burnaby via Rupert → Production Way
53 min
Richmond Centre via Rupert → Brighouse
83 min
YVR Airport via Rupert → YVR-Airport
84 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
6 min
Metrotown, Burnaby via Lougheed Hwy
9 min
SFU Burnaby via Gaglardi Way
12 min
Richmond Centre via No. 3 Rd
18 min
YVR Airport via Bridgeport / Sea Island
17 min

Calculate your commute

2798 Yale St, Vancouver, BC is ideally located for commuters. The property is 3.4 km from Rupert, with a 58 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound McGill St @ N Kaslo St (0.19 km). Walk Score Transit rating: Good Transit (59/100).

Walkability & Transit Near 2798 Yale Street

Somewhat Walkable 68

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot

Good Transit 59

Transit Score - Good Transit

Many nearby public transportation options

BC Assessment Value — 2798 Yale Street

2026 assessed value, sourced from City of Vancouver open data (PID 031-944-612).

Total Assessed Value (2026)

$3,144,000

-5.1% YoY

-2.9%/yr over 2 yr

2024 Value Trend 2026

Land

$3,134,000

Buildings

$10,000

Year Built

N/A

Class

Residential Inclusive

Zoning

R1-1

Property Tax

$13,724

Year	Land	Improvements	Total Assessed	YOY Change
2026	$3,134,000	$10,000	$3,144,000	-5.1%
2025	$3,304,000	$10,000	$3,314,000	-0.7%
2024	$3,328,000	$10,000	$3,338,000	—

Costs & calculators

Monthly cost about $12,024/month · rent estimate $6,479/month · owning catches up with renting by year 28 · cash flow if rented −$6,094/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 2798 Yale Street

$12,024 /month

Principal & Interest $10,880

Property Taxes $1,144

Maintenance fee $0

The estimated monthly cost of 2798 Yale Street, Vancouver is $12,024: $10,880 principal and interest with 20% down over 30 years at 4.45%, plus $1,144 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.

Investment Cashflow Calculator

−$6,094 /month

Mortgage Payment $10,880

Monthly Cash Flow −$6,094

Break Even Down Payment 65%

Cap Rate -2.7%

Cash on Cash -13.5%

If 2798 Yale Street, Vancouver were rented at $6,479 a month with 5% vacancy, it would fall $6,094 a month short of the mortgage and carrying costs; about 65% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 2798 Yale Street, Vancouver

$6,479 / month

Rent $6,479

Own $12,024

Principal: $3,499/mo Interest, tax, insurance, fees: $8,525/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$2,930/mo (year 1) → ~$6,813/mo (year 20) → ~$10,161/mo (year 29).

Net cost to own at year 5 ~$8,525/mo About $2,046/mo more than renting

EstateBlock estimates 2798 Yale Street, Vancouver would rent for about $6,479 a month.

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Rent vs own: 2798 Yale Street

Rent vs own

Owning catches up by year 28

With 20% down ($540,000) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $192,485

Principal paid off by year 10 $432,837

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 2798 Yale Street, Vancouver is cheaper at first, but owning catches up by year 28, with $192,485 of principal paid off by year 5 and $432,837 by year 10.