5078 Main Street, Vancouver, V5W 2R3 — photo 1

$2,888,000

5078 Main Street, Vancouver, V5W 2R3
Active
6 Bedrooms 3 Bathrooms 2,357 sqft Built 1986 Residential
2 Listing Signals Detected
Motivated SellerInfo

Seller language signals urgency — you may have more negotiation leverage than the list price suggests.

Renovation RequiredNote

Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.

About This Property

WOW !!! Attention Builders and Investors! Very Solid and livable House: Great location in the Heart of East Vancouver. One minute Life Circle, Long Term Holding. BUILDING LOT ZONED FOR A RENTAL/ RESIDENTIAL BUILDING. Nearby Schools: General Brock Elementary School, Sir William Van Horne Elementary School, John Oliver Secondary School, Eric Hamber Secondary School, and more. Other Nearby Oakridge Centre, BC Children's Hospital, Queen Elizabeth Park, Bon Cafe, and more. Potential for rezoning to an apartment. Great Investment Chance, Motivated seller, Try offers. ACT NOW IF YOU ARE SMART BUYERS!

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Property Details

MLS #

R3071084

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

RS1

Bedrooms

6

Full Baths

3

Half Baths

0

Kitchens

2

Fireplaces

1

Living Area

2,357 sqft

Main Floor

1,358 sqft

Above Main

999 sqft

Lot Size

3,696 sqft

Lot Dimensions

33 x 122

Frontage

33

Year Built

1986

Age

40 years

Roof

Concrete

Construction

Brick, Concrete Frame, Frame Wood, Brick (Exterior), Concrete (Exterior), Stucco

Structure

Residential Detached

Parking Stalls

2

Garage Spaces

2

Parking Type

Garage Double, Rear Access, Paver Block, Garage Door Opener

Original Price

$4,999,000

Taxes

$7,629.62/yr

Listed

2025-11-28

MLS Area

Main

City

Vancouver

Postal Code

V5W 2R3

Features & Finishes

Heating

Electric · Forced Air

Cooling / A/C

Central Air

Flooring

Hardwood · Laminate

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove · Microwave

Laundry

In Unit

Fireplace

Electric

Security

Security System · Smoke Detector(s) · Fire Sprinkler System

Interior Features

Storage

Exterior Features

Garden · Playground · Balcony · Private Yard

Building & Community

Transit

CLOSE

Schools

CLOSE

View

PARK MOUNTAIN VIEW

Lot Features

Central Location, Near Golf Course, Recreation Nearby

Fencing

Fenced

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Storm Sewer

Utilities

Community, Electricity Connected, Water Connected

Community

Retirement Community, Shopping Nearby

Building Amenities

Recreation Facilities

Disclosures

Property Disclosure

Yes

Coordinates: 49.239192, -123.101124 · Map data © Google

6.4

Fair Market

Deal Score out of 10

Priced at or near market value in current conditions.

Value vs market28% above market — check if justified
Days on market158 days — significantly stale, strong negotiation position
Price historyPrice dropped 42% from original ask — seller showing motivation
Market conditionsBuyer's market — avg 97% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$2,738,910

5.2% below asking price

Negotiation Range

$2,666,710$2,782,230

$115,520 spread

$2,666,710$2,888,000 ask

Based on 82 recent sales, a starting offer around $2,738,910 (5.2% below ask) is reasonable. Your negotiation range is $2,666,710 – $2,782,230.

What's factored in

Market baseline82 recent Vancouver sales closed at median 96.8% of list price
Price already reducedSeller dropped from 42% off original ask — indicates motivation
Extended market time158 days listed — well above market avg of 175 days, increased negotiation leverage

Based on 82 residential sales in Vancouver (last 60 days) · Updated May 4

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