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$2,888,000

5050 MAIN STREET

Vancouver · MLS® R3075422

2 bed · 1 bath · 771 sq ft · 3,696 sq ft lot · 2 parking

House · Single Family · built 1953 · 278 days on market

Listed by Janice Bruni, Royal LePage Sterling Realty

Realtor's description

INVESTOR & BUILDER ALERT: This 3,696 sq. ft. lot (33' x 112') 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 Park, 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 (5064 & 5092 Main St) to maximize your footprint in this high-demand neighbourhood. Call today!

Property details

Type: House, Single Family
Bedrooms: 2
Bathrooms: 1
Living area: 771 sq ft
Lot: 3,696 sq ft
Parking: 2
Year built: 1953
Property tax: $3,628 / yr
Days on market: 278
MLS®: R3075422

Features

Central location
All

Price check

Price per sq ft: $3,746 vs $1,011 median for houses in Vancouver for sale (1695)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 278 days · no price changes so far

The market here

Listed now: 57 days; median for 1705 houses for sale; this one 278 days

Houses in Vancouver. Sale prices register 1 to 3 months after a sale closes.

Monthly cost

$12,885/mo

Mortgage $12,583 · Tax $302

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$12,583/ monthly

loan $2,310,400

25-year amortization

down payment20% · $577,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 8, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,464,422
property transfer tax: $64,640; BC general rate
cash to close: $642,240; down + PTT
total paid: $3,774,822

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

VancouverGoogle Maps ↗

Location

VancouverGoogle Maps ↗

Schools

Catchment schools, Vancouver School Board

Elementary Brock Elementaryhomes in this catchment
200 m away · 4860 Main St, Vancouver · 604-713-5245
Secondary John Oliver Secondaryhomes in this catchment
1.0 km away · 530 41st Ave E, Vancouver · 604-713-8938

From the Vancouver School Board's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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