5454 Melbourne St, Vancouver BC - Single Family Residence for Sale - MLS# R3124925

$1,549,000
Est. Mortgage $6,853/mo
3 Beds
1 Baths
963 sqft
1609 $ /sqft
1949 built
$1,549,000
Est. $6,853/mo with 20% down
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

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Property Details for 5454 Melbourne Street

Attention builders! Prime 50X110.5 - 5,525sqft R1-1 zoned lot overlooking Foster Park close to Joyce Collingwood Station. A great location on a quiet street close to lots of amenities and transit. A great opportunity to develop or hold. Located in a transit-oriented areas - Density (FAR): Up to 3.0 / Allowable Height (Storeys): Up to 8

Interior Features

Basement Finished Area (sqft) 0
Basement Features Full
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Storage
Fireplace 1
Heating Type Forced Air
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden
Roof Asphalt
Structures Residential Detached

Building Details

Price $1,549,000
Total Bedrooms 3
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 963
Year Built 1949
Age Of Building 77
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Double, Side Access, Asphalt
Total Parking Spaces 4

Lot & Land

Lot Size 5525
Lot Size Depth Feet
Lot Size Frontage 50
MLS® # R3124925
Area Vancouver East
Neighbourhood Collingwood VE
City Vancouver
Postal Code V5R 4L7
Gross Taxes $7,744.42
Zoning R1-1

Property Timeline

Status Date Price
R3124925 / Active 05-19-2026 $1,549,000
R3078429 / Expired 01-12-2026 $1,699,900
R3042080 / Expired 09-02-2025 $1,699,900
R3021252 / Terminated 06-30-2025 $1,799,900
Rooms
Floor Type Dimensions
Main Level Foyer 4'9 x 4'9 ft
Main Level Living Room 15'3 x 15'3 ft
Main Level Dining Room 7'8 x 7'8 ft
Main Level Kitchen 8'11 x 8'11 ft
Main Level Bedroom 9'2 x 9'2 ft
Main Level Primary Bedroom 12'3 x 12'3 ft
Below Bedroom 10'11 x 10'11 ft
Below Utility 33'4 x 33'4 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Stilhavn Real Estate Services & Stilhavn Real Estate Services

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.

Map & Neighbourhood

Public Schools

Elementary
Graham Bruce Community Elementary School
Average
0.92 km
6.1/10
Secondary
Windermere Community Secondary School
Average
1.59 km
6.3/10

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

Private Schools

Elementary
Vancouver Christian
Above Average
2.27 km
9.1/10
Secondary
Whytecliff Agile Learning Centre-Burnaby
Above Average
2.18 km
10/10

Closest Transit

Bus Stop
Eastbound Vanness Ave @ Melbourne St
0.24 km
Skytrain
Skytrain @ Joyce Stn
0.51 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
24.7%
No Certificate/Degree
Above Average
17.3%
Owner Occupied
Average
62.9%
Employment Rate
Above Average
69%

Noise/ Power Lines

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

Other

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

Sell Speed & Competition

No data
Overall sell-speed score
Moderate pace expected
Price competition grade
No comparable data
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.51 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How COLLINGWOOD VE compares
This property
51 DOM
Listed
Collingwood VE avg
Vancouver avg

5454 Melbourne Street has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5R 4L7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5R 4L7, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

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.

Air Quality A / Excellent

Annual avg PM2.5 4.4 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Burnaby South, Burnaby (~3.8 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

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.

Precipitation Increasing

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.

Drought Stable

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.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 5454 Melbourne Street

Pre-computed routes from 5454 Melbourne St, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Joyce → Waterfront
    24 min
  • Metrotown, Burnaby via Joyce → Metrotown
    12 min
  • SFU Burnaby via Joyce → Production Way
    31 min
  • Richmond Centre via Joyce → Brighouse
    49 min
  • YVR Airport via Joyce → YVR-Airport
    50 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    10 min
  • Metrotown, Burnaby via Lougheed Hwy
    2 min
  • SFU Burnaby via Gaglardi Way
    10 min
  • Richmond Centre via No. 3 Rd
    13 min
  • YVR Airport via Bridgeport / Sea Island
    14 min

Calculate your commute

5454 Melbourne St, Vancouver, BC is ideally located for commuters. The property is 0.5 km from Joyce, with a 24 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Vanness Ave @ Melbourne St (0.24 km). Walk Score Transit rating: Excellent Transit (83/100).

Walkability & Transit Near 5454 Melbourne Street

Walk Score Badge
Car-Dependent 94

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 83

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
79

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 5454 Melbourne Street

2026 assessed value, sourced from City of Vancouver open data (PID 014-473-801).
Total Assessed Value (2026)
$1,796,100
-5.6% YoY
+3.2%/yr over 4 yr
2022 Value Trend 2026
Land
$1,767,000
Buildings
$29,100
Year Built
1949
Class
Residential Inclusive
Zoning
R1-1
Property Tax
$8,549
Year Land Improvements Total Assessed YOY Change
2026 $1,767,000 $29,100 $1,796,100
-5.6%
2025 $1,869,000 $33,100 $1,902,100
-0.2%
2024 $1,872,000 $34,700 $1,906,700
+8.9%
2023 $1,716,000 $34,400 $1,750,400
+10.5%
2022 $1,550,000 $34,400 $1,584,400

Mortgage Calculator for 5454 Melbourne Street

/month
Principal & Interest
Property Taxes $645
Maintenance fee 0
Financing 80% of the $1,549,000 asking price over 30 years at 4% results in approximately $6,561/month in total estimated carrying costs, $645 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $3,826/month in rental income, leaving a -$2,896/month cashflow at current carrying costs. Investors targeting break-even would need roughly 60% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Collingwood VE, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $1,549,000
Vancouver Loading...
Collingwood VE Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar Single Family Residences average $1,581,333 across 3 active listings — this listing is 2% below the Vancouver average.

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

Listing Agent & Brokerage

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

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Walkability & Transit Near 5454 Melbourne Street

Walk Score Badge
Car-Dependent 94

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 83

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
79

Bike Score - Very Bikeable

Biking is convenient for most trips

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