8.6% price reduction

5045 Payne St, Vancouver, BC

$3,200,000
Est. Mortgage /mo

MLS® R3007110

6 Beds
5 Baths
2084 sqft
1536 $ /sqft
2012 Built
$3,200,000
$3,500,000
Est. /mo with 20% down
$1,536/sqft · Tax $6,918/2024
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

8.6% price reduction

Excellent location just steps to Joyce Skytrain Station. The main house has 3 bedrooms + 2 full bathrooms, with 2 bedrooms + 1 bathroom and 1 bedroom + 1 bathroom mortgage helper. 1 bedroom laneway house. Potential future high rise development. This property is part of a 5 lots land assembly located on Joyce Collingwood Area (5019–5039). Joyce Collingwood Station Precinct Plan 4.5 FSR – 14 Storey.

General Info

Price $3,200,000
Total Bedrooms 6
Total Bathrooms 5
Half Bathrooms 0
Floor Area Total (sqft) 2084
Lot Size 3267
Lot Size Depth Feet
Lot Size Frontage 33
Basement None
Basement Features -

Property Metrics

Year Built 2012
Age Of Building 13
Building Type Single Family Residence
Property Type Residential
Architecture Style Laneway House
Stories 3
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3007110
Building Name -
Area Vancouver East
Neighbourhood Collingwood VE
City Vancouver
Postal Code V5R 4J5
Price per Sqft $1,536
Gross Taxes $6,917.64
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Radiant

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Community, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Detached, Lane Access, Asphalt
Total Parking Spaces 1
Listed by: RE/MAX City Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood & Transit Info

Public Schools

Elementary
Graham Bruce Community Elementary School
0.53 km
Secondary
Windermere Community Secondary School
1.13 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St.Mary's School
0.27 km
Secondary
Vancouver Formosa Academy
1.27 km

Closest Transit

Bus Stop
Joyce Station @ Bay 2
0.09 km
Skytrain
Skytrain @ Joyce Stn
0.12 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Below Average
22.5%
No Certificate/Degree
Above Average
20.2%
Owner Occupied
Below Average
58.6%
Employment Rate
Above Average
70.3%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Possible
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $576
Maintenance fee 0
Financing 80% of the $3,200,000 asking price over 30 years at 4% results in approximately $12,798/month in total estimated carrying costs, $576 property tax.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $8,560/month in rental income, leaving a -$4,471/month cashflow at current carrying costs. Investors targeting break-even would need roughly 50% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $3,200,000
Vancouver Loading...
Collingwood VE Loading...
There are currently no comparable Single Family Residences active in Collingwood VE. The Vancouver-wide average for similar 6-bedroom properties is $2,475,333 (3 listings). This home is priced 29.3% above that benchmark. This property is flagged as a Hot Deal (8.6% price reduction) based on its competitive pricing and market demand.
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Property FAQs

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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