208 5288 Melbourne St, Vancouver BC - Apartment/Condo for Sale - MLS# R3158814

26 days on the market
$548,000
Est. Mortgage $2,424/mo
Listing updated:
EstateBlock checked:
Emerald Park Place
2 Beds
1 Baths
831 sqft
659 $ /sqft
450.97 $ Maint. fee
1998 built
Motivated Sellers
26 days on the market
$548,000
Est. $2,424/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 208 5288 Melbourne Street

Motivated Sellers

MOTIVATED SELLER! Welcome to Emerald Park Place! This 2-bedroom, 1-bathroom home offers 831 sq. ft. of functional living space and is an excellent opportunity for buyers looking to renovate and add value. Features include a spacious living and dining area, in-suite laundry, a walk-in closet in the primary bedroom, and a covered balcony. Located in the heart of Collingwood, just steps to Joyce-Collingwood SkyTrain, parks, shopping, restaurants, and schools. Enjoy great building amenities including a fitness centre, clubhouse, bike storage, and secure underground parking. Perfect for first-time buyers, investors, or renovators looking to create their dream home in a well-managed concrete building.

Interior Features

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

Exterior Features

Exterior Features Garden, Balcony
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $548,000
Total Bedrooms 2
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 831
Year Built 1998
Age Of Building 28
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Caretaker, Trash, Maintenance Grounds, Management, Recreation Facilities, Snow Removal, Water
Building Name Emerald Park Place
Ownership Type Freehold Strata
Maintenance Fee $450.97
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Caretaker, Trash, Maintenance Grounds, Management, Recreation Facilities, Snow Removal, Water
Utility Type Community, Water Connected
Utility Sewer Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Front Access, Garage Door Opener
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Units In Development 246

Lot & Land

MLS® # R3158814
Area Vancouver East
Neighbourhood Collingwood VE
City Vancouver
Postal Code V5R 6E6
Gross Taxes $2,011.28
Zoning CD-1

Property Timeline

Status Date Price
R3158814 / Active 08-25-2026 $548,000
to view full Property History (2 earlier records)
Rooms
Floor Type Dimensions
Main Level Foyer 7'0 x 7'0 ft
Main Level Dining Room 10'2 x 10'2 ft
Main Level Living Room 12'7 x 12'7 ft
Main Level Primary Bedroom 9'11 x 9'11 ft
Main Level Walk-In Closet 8'7 x 8'7 ft
Main Level Bedroom 10'3 x 10'3 ft
Main Level Kitchen 9'0 x 9'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Macdonald 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.

Map & Neighbourhood

Public Schools

Elementary
Graham Bruce Community Elementary School
Average 0.7 km 6.1/10
Secondary
Windermere Community Secondary School
Average 1.42 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 2.05 km 9.1/10
Secondary
Whytecliff Agile Learning Centre-Burnaby
Above Average 1.96 km 10/10

Closest Transit

Bus Stop
Eastbound Vanness Ave @ Melbourne St
0.04 km
Skytrain
Skytrain @ Joyce Stn
0.36 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

61 / 100
Overall sell-speed score
Moderate pace expected
B+
Price competition grade
Avg comparable: $591,292
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
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
26 DOM
Listed
Collingwood VE avg
Vancouver avg

208 5288 Melbourne Street has a sell-speed score of 61/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 7.9% below comparable active properties in Collingwood VE, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5R 6E6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5R 6E6, 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 (~3.9 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.

Nearby Restaurants, Cafes & Shops

Restaurants (67 nearby)

  • Freshslice pizza · 314 m · Fast Food
  • A&w · 322 m · Fast Food
  • Subway · 322 m · Fast Food

Shopping (54 nearby)

  • Wellness pharmacy · 313 m · Pharmacy
  • Joyce hair design · 314 m · Hairdresser
  • Tatak pinoy filipino store · 343 m · General

Groceries (19 nearby)

  • Bao bakery · 344 m · Bakery
  • Kay market · 344 m · Supermarket
  • Sari sari store · 353 m · Convenience

Cafes (16 nearby)

  • Trees organic coffee · 328 m · Cafe
  • Coco fresh tea & juice · 332 m · Cafe
  • Sunflower bubble tea · 343 m · Cafe

Healthcare (6 nearby)

  • Wellness pharmacy · 313 m · Healthcare
  • Supersave pharmacy · 506 m · Healthcare
  • Unicare pharmacy · 552 m · Healthcare

Transit (2 nearby)

  • Skytrain @ joyce stn station · 356 m · Transit
  • Bus stop northbound tyne st @ e 45 ave · 858 m · Transit

Schools NearBy

37 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Collingwood Neighbourhood School

Public

Grades Served

K-3

Catchment Info

0

Distance

282 m

Graham Bruce Community Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
6.1 / 10

Distance

697 m

Sir Wilfred Grenfell Community

Public

Grades Served

Catchment Info

6.0 / 10

Distance

870 m

Sir Wilfred Grenfell Community School

Public

Grades Served

K-7

Catchment Info

6.0 / 10

Distance

877 m

École Inman Elementary

Public

Grades Served

K-7

Catchment Info

6.8 / 10

Distance

923 m

Dr. H. N. MacCorkindale Elementary School

Public

Grades Served

K-7

Catchment Info

6.4 / 10

Distance

982 m

Cascade Heights Elementary

Public

Grades Served

K-7

Catchment Info

6.7 / 10

Distance

1.18 KM

Windermere Community Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.3 / 10

Distance

1.42 KM

Renfrew Community Elementary School

Public

Grades Served

K-7

Catchment Info

6.6 / 10

Distance

1.68 KM

Chaffey-Burke Elementary School

Public

Grades Served

K-7

Catchment Info

7.1 / 10

Distance

1.69 KM

Killarney Secondary School

Public

Grades Served

8-12

Catchment Info

6.3 / 10

Distance

1.73 KM

Champlain Heights Community Elementary School

Public

Grades Served

K-7

Catchment Info

5.5 / 10

Distance

1.74 KM

John Norquay Elementary School

Public

Grades Served

K-7

Catchment Info

6.9 / 10

Distance

1.79 KM

Moscrop Secondary School

Public

Grades Served

8-12

Catchment Info

7.4 / 10

Distance

1.88 KM

Whytecliff Agile Learning Centre-Burnaby

Independent

Grades Served

Catchment Info

10.0 / 10

Distance

1.96 KM

Captain James Cook Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

2.00 KM

Vancouver Christian

Independent

Grades Served

Catchment Info

9.1 / 10

Distance

2.05 KM

Vancouver Christian School

Independent

Grades Served

K-6

Catchment Info

9.1 / 10

Distance

2.05 KM

G. T. Cunningham Elementary School

Public

Grades Served

K-7

Catchment Info

6.3 / 10

Distance

2.13 KM

Nootka Community Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

2.18 KM

Waverley Elementary School

Public

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

2.20 KM

Anne-Hebert

Public

Grades Served

Catchment Info

7.6 / 10

Distance

2.31 KM

Corpus Christi School

Independent

Grades Served

K-7

Catchment Info

10.0 / 10

Distance

2.44 KM

Suncrest Elementary School

Public

Grades Served

K-7

Catchment Info

7.4 / 10

Distance

2.45 KM

St.Jude's School

Independent

Grades Served

K-7

Catchment Info

9.8 / 10

Distance

2.48 KM

Lord Beaconsfield Elementary School

Public

Grades Served

K-7

Catchment Info

7.0 / 10

Distance

2.48 KM

Champlain Heights Annex

Public

Grades Served

K-3

Catchment Info

0

Distance

2.48 KM

Sir Charles Kingsford-Smith School

Public

Grades Served

K-7

Catchment Info

5.4 / 10

Distance

2.57 KM

Sir Charles Kingsford-Smith

Public

Grades Served

Catchment Info

5.4 / 10

Distance

2.59 KM

Westside Montessori Academy

Independent

Grades Served

K-7

Catchment Info

9.1 / 10

Distance

2.75 KM

Gladstone Secondary

Public

Grades Served

Catchment Info

6.0 / 10

Distance

2.76 KM

Gladstone Secondary School

Public

Grades Served

8-12

Catchment Info

6.0 / 10

Distance

2.77 KM

Burnaby Youth Hub Secondary Program

Public

Grades Served

Catchment Info

2.7 / 10

Distance

2.81 KM

Coquitlam College - Brookmere Secondary

Independent

Grades Served

Catchment Info

0

Distance

2.83 KM

South Slope Elementary School

Public

Grades Served

K-7

Catchment Info

6.9 / 10

Distance

2.83 KM

BC Provincial School For The Deaf Elementary

Public

Grades Served

Catchment Info

6.2 / 10

Distance

2.85 KM

Tecumseh Elementary School

Public

Grades Served

K-7

Catchment Info

6.1 / 10

Distance

2.91 KM

Pre-computed routes from 208 5288 Melbourne St, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Joyce → Waterfront
    22 min
  • Metrotown, Burnaby via Joyce → Metrotown
    10 min
  • SFU Burnaby via Joyce → Production Way
    29 min
  • Richmond Centre via Joyce → Brighouse
    47 min
  • YVR Airport via Joyce → YVR-Airport
    48 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    10 min
  • Metrotown, Burnaby via Lougheed Hwy
    3 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

208 5288 Melbourne St, Vancouver, BC is ideally located for commuters. The property is 0.4 km from Joyce, with a 22 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Vanness Ave @ Melbourne St (0.04 km). Walk Score Transit rating: Excellent Transit (83/100).

Walkability & Transit Near 208 5288 Melbourne Street

Walk Score Badge
Car-Dependent 92

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
70

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 208 5288 Melbourne Street

2026 assessed value, sourced from City of Vancouver open data (PID 024-221-104).
Total Assessed Value (2026)
$630,000
-2.3% YoY
+3.9%/yr over 4 yr
2022 Value Trend 2026
Land
$343,000
Buildings
$287,000
Year Built
1998
Class
Comprehensive Development
Zoning
CD-1 (314)
Property Tax
$2,119
Year Land Improvements Total Assessed YOY Change
2026 $343,000 $287,000 $630,000
-2.3%
2025 $351,000 $294,000 $645,000
+2.4%
2024 $343,000 $287,000 $630,000
+5.2%
2023 $326,000 $273,000 $599,000
+10.9%
2022 $286,000 $254,000 $540,000

Mortgage Calculator for 208 5288 Melbourne Street

/month
Principal & Interest
Property Taxes $168
Maintenance fee 450.97
Financing 80% of the $548,000 asking price over 30 years at 4% results in approximately $2,712/month in total estimated carrying costs, $168 property tax, $451 maintenance fee.
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 $1,978/month in rental income, leaving a -$788/month cashflow at current carrying costs. Investors targeting break-even would need roughly 51% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 208 5288 Melbourne Street, Vancouver

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

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.

Price vs Neighbourhood Average — Collingwood VE, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $548,000
Vancouver Loading...
Collingwood VE Loading...

Based on 16 comparable active apartments/condos in Collingwood VE, the average asking price is $595,209. This listing is priced 7.9% below the neighbourhood average. This property is flagged as a Hot Deal (Motivated Sellers) 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

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

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Walkability & Transit Near 208 5288 Melbourne Street

Walk Score Badge
Car-Dependent 92

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
70

Bike Score - Very Bikeable

Biking is convenient for most trips

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