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.
Address
5050 Main Street
List Price
$2,888,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
Vancouver East
Sub-Area
Main
Bedrooms
2
Bathrooms
1
Floor Area
771 Sq. Ft.
Main Floor Area
771
Lot Size
3696 Sq. Ft.
Lot Size Dimensions
33 x 112
Lot Size (Acres)
0.08 Ac.
Lot Features
Central Location, Lane Access, Recreation Nearby
Lot Size Units
Square Feet
Total Building Area
771
Frontage Length
33
Year Built
1953
MLS® Number
R3075422
Listing Brokerage
Royal LePage Sterling Realty
Basement Area
None
Postal Code
V5W 2R3
Zoning
RT-2
Ownership
Freehold NonStrata
Parking
Detached, Side Access
Parking Places (Total)
2
Tax Amount
$3,627.55
Tax Year
2024
Site Influences
Central Location, Lane Access, Recreation Nearby, Shopping Nearby
Community Features
Shopping Nearby
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air
Levels
One
Number Of Floors In Property
1
Window Features
Window Coverings
View
Yes
View Type
SOME MOUNTAIN VIEWS