5050 Main Street

General property description

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.

Mortgage estimate

Tax from listing

Est. monthly total

$13,811

/mo

Rate

%

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Amortization

25 yr30 yr

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Principal and interest

$13,359

Property tax

$302

P&I

Tax

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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $577,600 down (20%) on $2,888,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.