1008 5470 Ormidale St, Vancouver BC V5R 0G6 – Condo for Sale – MLS® R3182955

1008 5470 Ormidale Street, Vancouver, British Columbia V5R 0G6

Today on the market
$479,000
Est. monthly cost $2,388/mo
Updated with MLS® -
Wall Centre Central Park
1 Beds
1 Baths
541 sqft
885 $ /sqft
310.16 $ Maint. fee
2018 built
NEW Below Assessment Value 32.2% cheaper than comps
Today on the market
$479,000
Est. $2,388/mo with 20% down
Updated with MLS® -

Property Details for 1008 5470 Ormidale Street

Below Assessment Value 32.2% cheaper than comps

WALL CENTRE CENTRAL PARK, Tower 3 — a bright and efficient one bedroom home with a versatile flex space in one of Metro Vancouver's best-connected communities. This well-planned 541 sq ft residence features an open-concept living and dining area, a modern kitchen with quartz countertops, stainless steel appliances and a gas range, a generously sized bedroom, and in-suite laundry. Residents enjoy an indoor pool, fitness centre, party and meeting rooms, and a rooftop garden. Central Park is directly across the street, and Joyce SkyTrain, Metrotown, Crystal Mall, schools, groceries and restaurants are moments away. One parking stall included. Excellent Tenant in place on a month-to-month basis. PRICED WELL BELOW BC ASSESSMENT $506,000! Contact listing agent to view.

Building Details

Price $479,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 541
Year Built 2018
Age Of Building 8
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Trash, Gas, Management, Recreation Facilities, Snow Removal, Water
Building Name Wall Centre Central Park
Ownership Type Freehold Strata
Maintenance Fee $310.16
Amenities Nearby Exercise Centre, Trash, Gas, Management, Recreation Facilities, Snow Removal, Water
Utility Type Electricity Connected, Water Connected
Utility Sewer Storm Sewer
Water (WaterSource) Public
Parking Type Garage Under Building
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Yes With Restrictions

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Playground
Structures Multi Family, Residential Attached

Lot & Land

Lot Size 541
MLS® # R3182955
Area Vancouver East
Neighbourhood Collingwood VE
City Vancouver
Postal Code V5R 0G6
Gross Taxes $1,772.81
Zoning RES

Property Timeline

Status Date Price
R3182955 / Active 11-10-2026 $479,000
Rooms
Floor Type Dimensions
Main Level Living Room 9'1 x 9'1 ft
Main Level Dining Room 5'4 x 5'4 ft
Main Level Kitchen 11'7 x 11'7 ft
Main Level Flex Room 5'3 x 5'3 ft
Main Level Foyer 3'7 x 3'7 ft
Main Level Bedroom 10'6 x 10'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Royal LePage Sussex

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.

About the building: Wall Centre Central Park Tower 3

5470 Ormidale Street, Collingwood VE, Vancouver

Wall Centre Central Park Tower 3 building details

Building

Built
2018
Homes
332 in 35 storeys
Construction
Concrete
Title
Freehold Strata
Strata plan
EPS4621
Managed by
First Service Residential
Parking
Garage: Underground
Lockers
Limited
Strata fee covers
Snow removalRecreation FacilityManagementHot WaterGasGardeningGarbage PickupCaretaker

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at Wall Centre Central Park Tower 3

For sale
3
Median ask
$480K
Median $/sqft
$885
Days on market
51
Sold, past year
14
This home

$885/sqft, in line with the building median of $885.

  • Structural warranty runs to 2028 under BC's 2-5-10 new-home warranty.

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map, sell speed & climate

SkyTrain 0.70 km · Windermere Community Secondary School 6.3/10 · 1.74 km · crime average · sell-speed score 74/100 (likely within weeks) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (63 nearby)

  • Blue coast japanese seafood cuisine · 9 m · Restaurant
  • Ban bu xian szechuan cuisine · 208 m · Restaurant
  • Michi craft kitchen · 224 m · Restaurant

Shopping (48 nearby)

  • La lucia hair salon · 281 m · Hairdresser
  • Maya's hair & skincare · 297 m · Beauty Shop
  • Kingsway barber · 316 m · Hairdresser

Groceries (19 nearby)

  • Kwickpick convenience store · 383 m · Convenience
  • Han kook meats · 417 m · Butcher
  • Desi bazaar · 569 m · Supermarket

Cafes (16 nearby)

  • Starbucks · 229 m · Cafe
  • Sharetea · 248 m · Cafe
  • Jack's spot · 250 m · Cafe

Healthcare (5 nearby)

  • Supersave pharmacy · 559 m · Healthcare
  • Central park pharmacy · 586 m · Healthcare
  • Enhance rx · 594 m · Healthcare

Transit (2 nearby)

  • Skytrain @ joyce stn station · 700 m · Transit
  • Bus stop southbound patterson ave @ brandon st · 888 m · Transit

Public Schools

Elementary
Graham Bruce Community Elementary School
Average 0.89 km 6.1/10
Secondary
Windermere Community Secondary School
Average 1.74 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 2.12 km 10/10

Closest Transit

Bus Stop
Westbound Vanness Ave @ Boundary Rd
0.03 km
Skytrain
Skytrain @ Joyce Stn
0.70 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 39%
No Certificate/Degree
Below Average 11.8%
Owner Occupied
Average 68.5%
Employment Rate
Below Average 53.8%

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

Sell Speed & Competition

74 / 100
Overall sell-speed score
Likely within weeks
A+
Price competition grade
Avg comparable: $706,000
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Possible — near transit
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
0 DOM
Listed

1008 5470 Ormidale Street has a sell-speed score of 74/100, placing it in the "Expected to sell within weeks" band. The listing is priced 32.2% below comparable active properties in Collingwood VE, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

Climate Risk for V5R 0G6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5R 0G6, 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. Nearest station: Burnaby South, Burnaby (~3.5 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Vancouver currently sees ~1 day 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.

Schools NearBy

32 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Collingwood Neighbourhood School

Public

Grades Served

K-3

Catchment Info

—
N/A

Distance

599 m

École Inman Elementary

Public

Grades Served

K-7

Catchment Info

—
6.8 / 10

Distance

772 m

Dr. H. N. MacCorkindale Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.4 / 10

Distance

883 m

Graham Bruce Community Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
6.1 / 10

Distance

887 m

Sir Wilfred Grenfell Community

Public

Grades Served

—

Catchment Info

—
6.0 / 10

Distance

1.19 KM

Sir Wilfred Grenfell Community School

Public

Grades Served

K-7

Catchment Info

—
6.0 / 10

Distance

1.20 KM

Cascade Heights Elementary

Public

Grades Served

K-7

Catchment Info

—
6.7 / 10

Distance

1.29 KM

Chaffey-Burke Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.1 / 10

Distance

1.39 KM

Champlain Heights Community Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.5 / 10

Distance

1.55 KM

Moscrop Secondary School

Public

Grades Served

8-12

Catchment Info

—
7.4 / 10

Distance

1.73 KM

Windermere Community Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.3 / 10

Distance

1.74 KM

Killarney Secondary School

Public

Grades Served

8-12

Catchment Info

—
6.3 / 10

Distance

1.81 KM

Captain James Cook Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.2 / 10

Distance

1.91 KM

Renfrew Community Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.6 / 10

Distance

1.94 KM

Whytecliff Agile Learning Centre-Burnaby

Independent

Grades Served

—

Catchment Info

—
10.0 / 10

Distance

2.12 KM

John Norquay Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.9 / 10

Distance

2.13 KM

Suncrest Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.4 / 10

Distance

2.18 KM

Vancouver Christian

Independent

Grades Served

—

Catchment Info

—
9.1 / 10

Distance

2.27 KM

Vancouver Christian School

Independent

Grades Served

K-6

Catchment Info

—
9.1 / 10

Distance

2.27 KM

Champlain Heights Annex

Public

Grades Served

K-3

Catchment Info

—
N/A

Distance

2.32 KM

Anne-Hebert

Public

Grades Served

—

Catchment Info

—
7.6 / 10

Distance

2.32 KM

Waverley Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

2.38 KM

G. T. Cunningham Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.3 / 10

Distance

2.42 KM

Burnaby Youth Hub Secondary Program

Public

Grades Served

—

Catchment Info

—
2.7 / 10

Distance

2.46 KM

Nootka Community Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

2.49 KM

South Slope Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.9 / 10

Distance

2.51 KM

BC Provincial School For The Deaf Elementary

Public

Grades Served

—

Catchment Info

—
6.2 / 10

Distance

2.52 KM

Corpus Christi School

Independent

Grades Served

K-7

Catchment Info

—
10.0 / 10

Distance

2.62 KM

Sir Charles Kingsford-Smith School

Public

Grades Served

K-7

Catchment Info

—
5.4 / 10

Distance

2.68 KM

Sir Charles Kingsford-Smith

Public

Grades Served

—

Catchment Info

—
5.4 / 10

Distance

2.70 KM

St.Jude's School

Independent

Grades Served

K-7

Catchment Info

—
9.8 / 10

Distance

2.78 KM

Lord Beaconsfield Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.0 / 10

Distance

2.82 KM

Pre-computed routes from 1008 5470 Ormidale St, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Joyce → Waterfront
    26 min
  • Metrotown, Burnaby via Joyce → Metrotown
    14 min
  • SFU Burnaby via Joyce → Production Way
    33 min
  • Richmond Centre via Joyce → Brighouse
    51 min
  • YVR Airport via Joyce → YVR-Airport
    52 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
    15 min

Calculate your commute

1008 5470 Ormidale St, Vancouver, BC is ideally located for commuters. The property is 0.7 km from Joyce, with a 26 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Vanness Ave @ Boundary Rd (0.03 km).

BC Assessment Value — 1008 5470 Ormidale Street

2026 assessed value, sourced from City of Vancouver open data (PID 030-419-026).
Total Assessed Value (2026)
$527,000
-6.7% YoY
+0.7%/yr over 4 yr
2022 Value Trend 2026
Land
$349,000
Buildings
$178,000
Year Built
2018
Class
Comprehensive Development
Zoning
CD-1 (545)
Property Tax
$1,773
Year Land Improvements Total Assessed YOY Change
2026 $349,000 $178,000 $527,000
-6.7%
2025 $374,000 $191,000 $565,000
-2.1%
2024 $382,000 $195,000 $577,000
+1.6%
2023 $376,000 $192,000 $568,000
+10.7%
2022 $332,000 $181,000 $513,000 —

Costs & calculators

Monthly cost about $2,388/month · rent estimate $1,916/month · owning nets $47/month less than renting · cash flow if rented −$623/month

Mortgage Calculator for 1008 5470 Ormidale Street

30-year fixed
$2,388 /month
Principal & Interest $1,930
Property Taxes $148
Maintenance fee $310

The estimated monthly cost of 1008 5470 Ormidale Street, Vancouver is $2,388: $1,930 principal and interest with 20% down over 30 years at 4.45%, plus $148 property tax and $310 strata fee.

or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

−$623 /month
Mortgage Payment $1,930
Monthly Cash Flow −$623
Break Even Down Payment 46%
Cap Rate -1.6%
Cash on Cash -7.8%

If 1008 5470 Ormidale Street, Vancouver were rented at $1,916 a month with 5% vacancy, it would fall $623 a month short of the mortgage and carrying costs; about 46% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1008 5470 Ormidale Street, Vancouver

$1,916 / month
Rent $1,916
Own $2,388
Principal: $621/mo Interest, tax, insurance, fees: $1,767/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$520/mo (year 1) → ~$1,209/mo (year 20) → ~$1,803/mo (year 29).

Net cost to own at year 5 ~$1,767/mo About $149/mo less than renting

EstateBlock estimates 1008 5470 Ormidale Street, Vancouver would rent for about $1,916 a month.

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Rent vs own: 1008 5470 Ormidale Street

Rent vs own

Owning nets $47/mo less than renting

With 20% down ($95,800) at 4.45%: $1,869/mo net cost to own in year 1 vs $1,916/mo rent

Principal paid off by year 5 $34,148
Principal paid off by year 10 $76,788

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Owning 1008 5470 Ormidale Street, Vancouver nets about $47 a month less than renting it in year 1, with $34,148 of principal paid off by year 5 and $76,788 by year 10.

Price vs Neighbourhood Average — Collingwood VE, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $479,000
Vancouver Loading...
Collingwood VE Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar apartments/condos average $706,000 across 2 active listings — this listing is 32.2% below the Vancouver average. This property is flagged as a Hot Deal (Below Assessment Value, 32.2% cheaper than comparables) 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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