5092 Main Street, Vancouver, V5W 2R3 — photo 1

$2,888,000

5092 Main Street, Vancouver, V5W 2R3
Active
2 Bedrooms 1 Bathrooms 848 sqft Built 1948 Residential
1 Listing Signal Detected
Renovation RequiredNote

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

About This Property

INVESTOR & BUILDER ALERT: Prime 3,696 sq. ft. lot (33' x 112') in Vancouver’s coveted Riley Park. This site offers high-density potential under 2026 Small-Scale Multi-Unit Housing (SSMUH) mandates, allowing for multiplex or townhome projects. Prospective buyers must perform their own due diligence with the City regarding density and permits. Currently features a cute and cozy 2-bed rancher with mountain views and a detached garage—ideal for holding income. Steps from Nat Bailey Stadium and Queen Elizabeth Park with seamless transit to Downtown and UBC. Purchase individually or as a strategic land assembly with 5050 & 5064 Main St to maximize scale in this premier corridor. Secure your stake in one of Vancouver's most in-demand neighbourhoods. Call your agent today!

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Property Details

MLS #

R3075425

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

RT-2

Bedrooms

2

Full Baths

1

Half Baths

0

Kitchens

1

Fireplaces

1

Living Area

848 sqft

Main Floor

848 sqft

Lot Size

3,696 sqft

Lot Dimensions

33 x 112

Frontage

33

Year Built

1948

Age

78 years

Roof

Concrete

Construction

Frame Wood, Mixed (Exterior)

Structure

Residential Detached

Parking Stalls

2

Garage Size

13' x 20'

Parking Type

Open, Side Access

Original Price

$2,888,000

Taxes

$3,957.72/yr

Listed

2026-01-01

MLS Area

Main

City

Vancouver

Postal Code

V5W 2R3

Features & Finishes

Heating

Forced Air

Flooring

Mixed

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove

Fireplace

Wood Burning

Windows

Window Coverings

Building & Community

Transit

1 BLOCK

Schools

1 BLOCK

View

SOME MOUNTAIN VIEWS

Lot Features

Central Location, Lane Access, Recreation Nearby

Fencing

Fenced

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Storm Sewer

Utilities

Electricity Connected, Natural Gas Connected

Community

Shopping Nearby

Disclosures

Property Disclosure

No

Coordinates: 49.238985, -123.101239 · Map data © Google

5.3

Above Market

Deal Score out of 10

Priced above comparable sales — may have room to negotiate.

Value vs market257% above market — check if justified
Days on market123 days — significantly stale, strong negotiation position
Price historyNo price reduction — seller firm on price
Market conditionsBuyer's market — avg 97% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$2,743,789

5% below asking price

Negotiation Range

$2,671,589$2,787,109

$115,520 spread

$2,671,589$2,888,000 ask

Based on 82 recent sales, a starting offer around $2,743,789 (5% below ask) is reasonable. Your negotiation range is $2,671,589 – $2,787,109.

What's factored in

Market baseline82 recent Vancouver sales closed at median 96.8% of list price
Extended market time123 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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