Commercial Land for sale
498 E 5th Avenue, Mount Pleasant VE, Vancouver
$2,250,000
Features
Year Built
1910
Lot Size
3,267 sqft
Gross Property Tax
$7,310.97 /year
Building Type
Residential Mix
Zoning
RM4
Subject Property Width
49.5 ft
Subject Property Depth
66 ft
Permitted Land Use
Residential
Water Supply
Municipal
Sewer/Septic
Municipal/Community
Description
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.
MLS® Number C8069458