5045 PAYNE STREET

5045 PAYNE STREET · Vancouver, Collingwood · House · 7 bed · 5 bath · $2,500,000 · MLS R3128565

Vancouver, British Columbia · Neighbourhood: Collingwood
C$2,500,000
For sale
5045 PAYNE STREET

5045 PAYNE STREET is located in Vancouver (Collingwood). Property snapshot: House, 7 bed, 5 bath, listed at $2,500,000, MLS R3128565. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Catc

List Price: $2,500,000
MLS: R3128565
Bedrooms: 7
Bathrooms: 5
Interior Size: 1,926 sqft
Days on Market: -
Days on Site: 13
Deal Score: 50/100
Catchment Schools: Catchment schools include Graham Bruce Community Elementary, Windermere Community Secondary
Price History: Latest recorded list price 2500000.00

Local Decision Guide

How should buyers evaluate 5045 PAYNE STREET?

Start by reading this listing in its Vancouver Collingwood context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

Vancouver listings should separate R1-1, RS, RT, laneway house and multiplex rules during review. R1-1 is an important low-density housing reform signal, but heritage, trees, underground servicing, parking, corner-lot conditions and existing building condition can all change the practical outcome.

Vancouver R1-1 / RS / RT / laneway quick checklist
  • Confirm whether zoning is R1-1, RS, RT or another district.
  • Review laneway house, multiplex, heritage, tree, parking and servicing rules separately.
  • Do not rely on lot size alone; corner-lot conditions, underground servicing and existing building condition can affect the plan.
What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 5045 PAYNE STREET?

This page shows a list price of $2,500,000 with MLS R3128565.

What type of home is this Vancouver, Collingwood listing?

The page shows House, 7 bed, 5 bath at 5045 PAYNE STREET. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 2500000.00.

Which catchment schools are associated with 5045 PAYNE STREET?

Catchment schools include Graham Bruce Community Elementary, Windermere Community Secondary. Catchment boundaries can change, so buyers should verify with the school district or their realtor before writing an offer.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

How should Vancouver listings be screened for R1-1, RS, RT, laneway and multiplex risk?

Vancouver listings should be checked against R1-1, RS, RT and other zoning, laneway house rules, multiplex rules, heritage, trees, parking, servicing and permits. Block-level and site-level constraints can change the outcome.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

Potential future high-rise development opportunity ideally located just 200 metres from the Joyce-Collingwood Station, offering exceptional convenience and easy access to transit. !! The main floor features 2 bedrooms and 1 bathroom, while the upper level offers a spacious primary bedroom with ensuite. The lower floor includes 1 bedroom, a flex room, and an additional bathroom - ideal for extended family living. Also below is a 2-bedroom, 1-bath mortgage helper, plus a separate 1-bedroom, 1-bath laneway home for added rental income or multigenerational living. This property is part of a 5-lot land assembly . Designated under the Joyce-Collingwood Station Precinct Plan with potential for up to 4.5 FSR and 14-storey development potential. (id:56153)

Property Details

House
Building Type
7
Bedrooms
5
Bathrooms
2012
Year Built
14 years
Age
13
Days on Site
3,267 sf
Lot Area
1,926 sqft
Interior Size
C$1,298
Price per Sqft

Transaction: For sale

Lot Frontage: 33 ft

Status: active

Listing ID: 29812511 (R3128565)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$2,500,000

Lot Area: 3,267 sf

Lot Frontage: 33 ft

PID: 028-638-247

Days on Site: 13 days

Added to BurnabyHouse: 2026-05-27

Updated on: 2026-06-07 08:00 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

Graham Bruce Community Elementary ELEMENTARY
Public · School District 39
3633 Tanner St, Vancouver, BC
Straight-line distance about 533.9 m
Windermere Community Secondary SECONDARY
Public · School District 39
3155 27th Ave E, Vancouver, BC
Straight-line distance about 1.1 km
Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
Kay Market
About 156.9 m away
5169 Joyce Street, Vancouver
Consumers Produce
About 677.6 m away
3388 Kingsway, Vancouver
Shopping Centres
London Square
About 697.2 m away
Skyway Towers
About 1.5 km away
Parks / Green Space
Melbourne Park
About 257.8 m away
3530 Vanness Avenue
Gaston Park
About 273.5 m away
3470 Crowley Drive
Rapid Transit Stations
Joyce Stn
About 92.5 m away

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

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Last Updated: Sun, 07 Jun 2026 07:02:19 PM PDT

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