$2,500,000
By car (off-peak)
Sold
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.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Heating Type | Radiant |
| # of Kitchens | 3 |
| Flooring | Laminate, Mixed, Tile |
| Foundation | Concrete Perimeter |
| Exterior Features | Balcony |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $2,400,000 |
|---|---|
| Total Bedrooms | 7 |
| Total Bathrooms | 5 |
| Full Bathrooms | 5 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 1926 |
| Year Built | 2012 |
| Age Of Building | 14 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Architecture Style | Laneway House |
| Stories | 3 |
| Ownership Type | Freehold NonStrata |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Detached |
| Total Parking Spaces | 1 |
| Rental Suites | Unauthorized Suite |
| Lot Size | 3267 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 33 |
| MLS® # | R3128565 |
| Area | Vancouver East |
| Neighbourhood | Collingwood VE |
| City | Vancouver |
| Postal Code | V5R 4J5 |
| Gross Taxes | $7,302.55 |
| Zoning | R1-1 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 10'3 x 10'3 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
| Below | No | #3 |
| Below | No | #3 |
| Above Level | Yes | #3 |
| Above Main 2 | No | #3 |
Listed by: eXp 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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
5045 Payne Street has a sell-speed score of 46/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 6.5% above comparable active properties in Collingwood VE. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5R 4J5, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 4.4 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Burnaby South, Burnaby (~4.2 km). Annual avg AQHI 2.2 — Low Risk.
Vancouver currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.
Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Calculate your commute
5045 Payne St, Vancouver, BC is ideally located for commuters. The property is 0.1 km from Joyce, with a 19 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Joyce Station @ Bay 3 (0.08 km). Walk Score Transit rating: Excellent Transit (84/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,422,000 | $708,000 | $2,130,000 |
-2.6%
|
| 2025 | $1,504,000 | $682,000 | $2,186,000 |
+0.3%
|
| 2024 | $1,506,000 | $674,000 | $2,180,000 |
+7.5%
|
| 2023 | $1,381,000 | $647,000 | $2,028,000 |
+6.6%
|
| 2022 | $1,295,000 | $607,000 | $1,902,000 | — |
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