5045 Payne St, Vancouver BC - Single Family Residence for Sale - MLS# R3128565

104 days on the market
$2,200,000
Est. Mortgage $9,733/mo
Listing updated:
EstateBlock checked:
7 Beds
5 Baths
1926 sqft
1142 $ /sqft
2012 built
12.0% price reduction
104 days on the market
$2,200,000
$2,500,000
Est. $9,733/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 5045 Payne Street

12.0% price reduction

Excellent location!!! 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.

Interior Features

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

Exterior Features Balcony
Roof Asphalt
Structures Residential Detached

Building Details

Price $2,200,000
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 & Land

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

Property Timeline

Status Date Price
R3128565 / Active 05-25-2026 $2,200,000
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Living Room 10'3 x 10'3 ft
Bathrooms
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.

Map & Neighbourhood

Public Schools

Elementary
Graham Bruce Community Elementary School
Average 0.53 km 6.1/10
Secondary
Windermere Community Secondary School
Average 1.13 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 1.81 km 9.1/10
Secondary
Whytecliff Agile Learning Centre-Burnaby
Above Average 1.76 km 10/10

Closest Transit

Bus Stop
Joyce Station @ Bay 3
0.08 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

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
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
104 DOM
Listed
Collingwood VE avg
Vancouver avg

5045 Payne Street has a sell-speed score of 56/100, 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 4J5

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).

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 (~4.2 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 (66 nearby)

  • A&w · 83 m · Fast Food
  • Khan sahab kitchen · 115 m · Restaurant
  • 852 kitchen · 124 m · Restaurant

Shopping (53 nearby)

  • Tatak pinoy filipino store · 54 m · General
  • Bébé hair design · 127 m · Hairdresser
  • Popular laundromat · 131 m · Laundry

Groceries (20 nearby)

  • Khan market · 121 m · Butcher
  • Joyce way market · 130 m · Convenience
  • Bao bakery · 136 m · Bakery

Cafes (16 nearby)

  • Coco fresh tea & juice · 52 m · Cafe
  • Trees organic coffee · 60 m · Cafe
  • Tim hortons · 93 m · Cafe

Healthcare (4 nearby)

  • Wellness pharmacy · 143 m · Healthcare
  • Unicare pharmacy · 612 m · Healthcare
  • Supersave pharmacy · 705 m · Healthcare

Transit (2 nearby)

  • Skytrain @ joyce stn station · 116 m · Transit
  • Bus stop eastbound kingsway @ rupert st · 889 m · Transit

Schools NearBy

35 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Collingwood Neighbourhood School

Public

Grades Served

K-3

Catchment Info

0

Distance

271 m

Graham Bruce Community Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
6.1 / 10

Distance

535 m

Sir Wilfred Grenfell Community

Public

Grades Served

Catchment Info

6.0 / 10

Distance

580 m

Sir Wilfred Grenfell Community School

Public

Grades Served

K-7

Catchment Info

6.0 / 10

Distance

588 m

École Inman Elementary

Public

Grades Served

K-7

Catchment Info

6.8 / 10

Distance

1.03 KM

Cascade Heights Elementary

Public

Grades Served

K-7

Catchment Info

6.7 / 10

Distance

1.06 KM

Windermere Community Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.3 / 10

Distance

1.13 KM

Dr. H. N. MacCorkindale Elementary School

Public

Grades Served

K-7

Catchment Info

6.4 / 10

Distance

1.22 KM

Renfrew Community Elementary School

Public

Grades Served

K-7

Catchment Info

6.6 / 10

Distance

1.41 KM

John Norquay Elementary School

Public

Grades Served

K-7

Catchment Info

6.9 / 10

Distance

1.57 KM

Whytecliff Agile Learning Centre-Burnaby

Independent

Grades Served

Catchment Info

10.0 / 10

Distance

1.76 KM

Vancouver Christian

Independent

Grades Served

Catchment Info

9.1 / 10

Distance

1.81 KM

Vancouver Christian School

Independent

Grades Served

K-6

Catchment Info

9.1 / 10

Distance

1.81 KM

Killarney Secondary School

Public

Grades Served

8-12

Catchment Info

6.3 / 10

Distance

1.82 KM

Chaffey-Burke Elementary School

Public

Grades Served

K-7

Catchment Info

7.1 / 10

Distance

1.89 KM

Nootka Community Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

1.90 KM

Moscrop Secondary School

Public

Grades Served

8-12

Catchment Info

7.4 / 10

Distance

1.94 KM

G. T. Cunningham Elementary School

Public

Grades Served

K-7

Catchment Info

6.3 / 10

Distance

1.99 KM

Champlain Heights Community Elementary School

Public

Grades Served

K-7

Catchment Info

5.5 / 10

Distance

1.99 KM

Waverley Elementary School

Public

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

2.18 KM

St.Jude's School

Independent

Grades Served

K-7

Catchment Info

9.8 / 10

Distance

2.19 KM

Lord Beaconsfield Elementary School

Public

Grades Served

K-7

Catchment Info

7.0 / 10

Distance

2.20 KM

Captain James Cook Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

2.21 KM

Corpus Christi School

Independent

Grades Served

K-7

Catchment Info

10.0 / 10

Distance

2.43 KM

Anne-Hebert

Public

Grades Served

Catchment Info

7.6 / 10

Distance

2.45 KM

Westside Montessori Academy

Independent

Grades Served

K-7

Catchment Info

9.1 / 10

Distance

2.47 KM

Gladstone Secondary

Public

Grades Served

Catchment Info

6.0 / 10

Distance

2.51 KM

Gladstone Secondary School

Public

Grades Served

8-12

Catchment Info

6.0 / 10

Distance

2.52 KM

Coquitlam College - Brookmere Secondary

Independent

Grades Served

Catchment Info

0

Distance

2.55 KM

Sir Charles Kingsford-Smith School

Public

Grades Served

K-7

Catchment Info

5.4 / 10

Distance

2.63 KM

Sir Charles Kingsford-Smith

Public

Grades Served

Catchment Info

5.4 / 10

Distance

2.65 KM

Champlain Heights Annex

Public

Grades Served

K-3

Catchment Info

0

Distance

2.72 KM

Suncrest Elementary School

Public

Grades Served

K-7

Catchment Info

7.4 / 10

Distance

2.73 KM

Tecumseh Elementary School

Public

Grades Served

K-7

Catchment Info

6.1 / 10

Distance

2.82 KM

Vancouver Technical Secondary

Public

Grades Served

Catchment Info

7.1 / 10

Distance

2.84 KM

Pre-computed routes from 5045 Payne St, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Joyce → Waterfront
    19 min
  • Metrotown, Burnaby via Joyce → Metrotown
    7 min
  • SFU Burnaby via Joyce → Production Way
    26 min
  • Richmond Centre via Joyce → Brighouse
    44 min
  • YVR Airport via Joyce → YVR-Airport
    45 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    9 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

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).

Walkability & Transit Near 5045 Payne Street

Walk Score Badge
Car-Dependent 88

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 84

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
71

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 5045 Payne Street

2026 assessed value, sourced from City of Vancouver open data (PID 028-638-247).
Total Assessed Value (2026)
$2,130,000
-2.6% YoY
+2.9%/yr over 4 yr
2022 Value Trend 2026
Land
$1,422,000
Buildings
$708,000
Year Built
2011
Class
Residential Inclusive
Zoning
R1-1
Property Tax
$7,650
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

Mortgage Calculator for 5045 Payne Street

/month
Principal & Interest
Property Taxes $609
Maintenance fee 0
A 20% down payment of $440,000 on this $2,200,000 listing yields an estimated mortgage of $8,403/month (30-year fixed, 4%). Total estimated housing cost: $9,012/month, $609 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
With $7,505/month in estimated rental income against $9,210/month in mortgage payments, the monthly cashflow is -$1,705/month. A 37% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 5045 Payne 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 $2,200,000
Vancouver Loading...
Collingwood VE Loading...

No active comparable properties are currently available for this property type in Vancouver. The price evaluation chart will update as similar listings enter the market. This property is flagged as a Hot Deal (12.0% 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

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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Walkability & Transit Near 5045 Payne Street

Walk Score Badge
Car-Dependent 88

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 84

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
71

Bike Score - Very Bikeable

Biking is convenient for most trips

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