Home Vancouver, BC Collingwood VE 5430 Melbourne Street

5430 Melbourne St, Vancouver BC V5R 4L7 – House for Sale – MLS® R3145034

5430 Melbourne Street, Vancouver, British Columbia V5R 4L7

Vancouver Houses for Sale

127 days on the market

$1,899,900

Est. monthly cost $8,527/mo

Updated with MLS® - Nov 13, 2026 at 03:45pm

6 Beds

3 Baths

2824 sqft

673 $ /sqft

1976 built

8.4% price reduction

Photos

This 6 bedroom, 3 bathroom family home sits on 5,797 sq ft CORNER lot (54.91 x 107) and offers 2,824 sq ft of living space, configured with 3 bedrooms and 2 bathrooms (including one ensuite) up, plus a self contained 3 bedroom, 1 bathroom suite down. The home was previously renovated but will require work and fixes throughout. Versatile opportunity to update, hold as investment, or build new! Zoned R1-1 and located within Tier 3 of the Joyce-Collingwood Station Transit oriented area (400-800 m from the Skytrain station) the property carries meaningful future redevelopment upside under the City's TOA policy, in addition to other multiplex options under current zoning.

Building 19 fields Inside & out 10 fields Lot & land 10 fields

Building Details

Price	$1,899,900
Total Bedrooms	6
Total Bathrooms	3
Full Bathrooms	3
Half Bathrooms	0
Floor Area Total (sqft)	2824
Year Built	1976
Age Of Building	50
Building Type	Single Family Residence
Property Type	Residential
Stories	2
Ownership Type	Freehold NonStrata
Community Features	Shopping Nearby
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Other
Total Parking Spaces	3
Rental Suites	Unauthorized Suite

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Fireplace	2
Heating Type	Baseboard, Hot Water, Radiant
# of Kitchens	2
Flooring	Laminate, Mixed, Tile
Foundation	Slab

Exterior Features

Exterior Features	Private Yard
Roof	Asphalt
Structures	Residential Detached

Lot & Land

Lot Size	5797.53
Lot Size Depth	Feet
Lot Size Frontage	54.91
MLS^® #	R3145034
Area	Vancouver East
Neighbourhood	Collingwood VE
City	Vancouver
Postal Code	V5R 4L7
Gross Taxes	$10,448.1
Zoning	R1-1

Property Timeline

Status	Date	Price
R3145034 / Active	07-09-2026	$1,899,900

Rooms

Floor	Type	Dimensions
Main Level	Primary Bedroom	12'8 x 12'8 ft
Main Level	Bedroom	9'11 x 9'11 ft
Main Level	Bedroom	9'11 x 9'11 ft
Main Level	Dining Room	12'7 x 12'7 ft
Main Level	Kitchen	16'9 x 16'9 ft
Main Level	Living Room	15'7 x 15'7 ft
Below	Bedroom	13'11 x 13'11 ft
Below	Bedroom	12'1 x 12'1 ft
Below	Bedroom	9'3 x 9'3 ft
Below	Living Room	15'10 x 15'10 ft
Below	Kitchen	12'7 x 12'7 ft
Below	Den	8'4 x 8'4 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#3
Main Level	No	#4
Below	No	#4

Listed by: Sutton Group-West Coast 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, sell speed & climate

SkyTrain 0.48 km · Windermere Community Secondary School 6.3/10 · 1.57 km · crime average · sell-speed score 56/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (66 nearby)

Polarstar snacks · 267 m · Restaurant
Canffle · 292 m · Restaurant
Happy tree house bbq · 300 m · Restaurant

Shopping (52 nearby)

Cash for gold · 263 m · Jeweller
Sasa beauty spa · 263 m · Beauty Shop
Hair sketch · 274 m · Hairdresser

Groceries (19 nearby)

Kwickpick convenience store · 264 m · Convenience
Han kook meats · 316 m · Butcher
Desi bazaar · 372 m · Supermarket

Cafes (16 nearby)

Tim hortons · 311 m · Cafe
Happy lemon · 318 m · Cafe
Snackshot · 321 m · Cafe

Healthcare (6 nearby)

Supersave pharmacy · 315 m · Healthcare
Wellness pharmacy · 418 m · Healthcare
Unicare pharmacy · 443 m · Healthcare

Transit (2 nearby)

Skytrain @ joyce stn station · 481 m · Transit
Bus stop westbound wellington ave @ mchardy st · 816 m · Transit

Public Schools

Elementary
Graham Bruce Community Elementary School: Average 0.89 km 6.1/10
Secondary
Windermere Community Secondary School: Average 1.57 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 2.24 km 9.1/10
Secondary
Whytecliff Agile Learning Centre-Burnaby: Above Average 2.15 km 10/10

Closest Transit

Bus Stop
Eastbound Vanness Ave @ Melbourne St: 0.21 km
Skytrain
Skytrain @ Joyce Stn: 0.48 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

56 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $1,892,817

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.48 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

127 DOM

Listed

5430 Melbourne Street has a sell-speed score of 56/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 0.4% above comparable active properties in Collingwood VE. 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. Nearest station: Burnaby South, Burnaby (~3.8 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

37 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 310 m
Dr. H. N. MacCorkindale Elementary School	Public	Grades Served K-7	Catchment Info —	6.4 / 10	Distance 785 m
Graham Bruce Community Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	6.1 / 10	Distance 895 m
Sir Wilfred Grenfell Community	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 1.02 KM
Sir Wilfred Grenfell Community School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.03 KM
École Inman Elementary	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 1.04 KM
Cascade Heights Elementary	Public	Grades Served K-7	Catchment Info —	6.7 / 10	Distance 1.38 KM
Champlain Heights Community Elementary School	Public	Grades Served K-7	Catchment Info —	5.5 / 10	Distance 1.55 KM
Killarney Secondary School	Public	Grades Served 8-12	Catchment Info —	6.3 / 10	Distance 1.56 KM
Windermere Community Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.3 / 10	Distance 1.57 KM
Chaffey-Burke Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 1.71 KM
Captain James Cook Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 1.80 KM
John Norquay Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 1.83 KM
Renfrew Community Elementary School	Public	Grades Served K-7	Catchment Info —	6.6 / 10	Distance 1.86 KM
Moscrop Secondary School	Public	Grades Served 8-12	Catchment Info —	7.4 / 10	Distance 2.01 KM
Waverley Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.08 KM
G. T. Cunningham Elementary School	Public	Grades Served K-7	Catchment Info —	6.3 / 10	Distance 2.10 KM
Anne-Hebert	Public	Grades Served —	Catchment Info —	7.6 / 10	Distance 2.13 KM
Whytecliff Agile Learning Centre-Burnaby	Independent	Grades Served —	Catchment Info —	10.0 / 10	Distance 2.15 KM
Vancouver Christian	Independent	Grades Served —	Catchment Info —	9.1 / 10	Distance 2.24 KM
Vancouver Christian School	Independent	Grades Served K-6	Catchment Info —	9.1 / 10	Distance 2.24 KM
Suncrest Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 2.28 KM
Champlain Heights Annex	Public	Grades Served K-3	Catchment Info —	N/A	Distance 2.29 KM
Corpus Christi School	Independent	Grades Served K-7	Catchment Info —	10.0 / 10	Distance 2.32 KM
Nootka Community Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.34 KM
Sir Charles Kingsford-Smith School	Public	Grades Served K-7	Catchment Info —	5.4 / 10	Distance 2.42 KM
Sir Charles Kingsford-Smith	Public	Grades Served —	Catchment Info —	5.4 / 10	Distance 2.44 KM
Lord Beaconsfield Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.59 KM
St.Jude's School	Independent	Grades Served K-7	Catchment Info —	9.8 / 10	Distance 2.63 KM
South Slope Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.72 KM
BC Provincial School For The Deaf Elementary	Public	Grades Served —	Catchment Info —	6.2 / 10	Distance 2.73 KM
Burnaby Youth Hub Secondary Program	Public	Grades Served —	Catchment Info —	2.7 / 10	Distance 2.74 KM
Gladstone Secondary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 2.82 KM
Gladstone Secondary School	Public	Grades Served 8-12	Catchment Info —	6.0 / 10	Distance 2.84 KM
Tecumseh Elementary School	Public	Grades Served K-7	Catchment Info —	6.1 / 10	Distance 2.84 KM
Westside Montessori Academy	Independent	Grades Served K-7	Catchment Info —	9.1 / 10	Distance 2.89 KM
Coquitlam College - Brookmere Secondary	Independent	Grades Served —	Catchment Info —	N/A	Distance 3.00 KM

Pre-computed routes from 5430 Melbourne St, Vancouver, BC

5430 Melbourne St, Vancouver, BC Joyce 0.5 km

24 min

Downtown Vancouver Waterfront Station

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

5430 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 (0.21 km). Walk Score Transit rating: Excellent Transit (83/100).

Walkability & Transit Near 5430 Melbourne Street

Walker's Paradise 94

Walk Score - Walker's Paradise

Daily errands do not require a car

Excellent Transit 83

Transit Score - Excellent Transit

Transit is convenient for most trips

Very Bikeable 79

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 5430 Melbourne Street

2026 assessed value, sourced from City of Vancouver open data (PID 005-750-075).

Total Assessed Value (2026)

$2,204,000

-4.2% YoY

+3.0%/yr over 4 yr

2022 Value Trend 2026

Land

$1,885,000

Buildings

$319,000

Year Built

1976

Class

Residential Inclusive

Zoning

R1-1

Property Tax

$10,786

Year	Land	Improvements	Total Assessed	YOY Change
2026	$1,885,000	$319,000	$2,204,000	-4.2%
2025	$1,993,000	$308,000	$2,301,000	+0.2%
2024	$1,997,000	$299,000	$2,296,000	+7.8%
2023	$1,830,000	$300,000	$2,130,000	+8.8%
2022	$1,654,000	$304,000	$1,958,000	—

Costs & calculators

Monthly cost about $8,527/month · rent estimate $6,139/month · owning catches up with renting by year 8 · cash flow if rented −$2,892/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 5430 Melbourne Street

$8,527 /month

Principal & Interest $7,656

Property Taxes $871

Maintenance fee $0

The estimated monthly cost of 5430 Melbourne Street, Vancouver is $8,527: $7,656 principal and interest with 20% down over 30 years at 4.45%, plus $871 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.

Investment Cashflow Calculator

−$2,892 /month

Mortgage Payment $7,656

Monthly Cash Flow −$2,892

Break Even Down Payment 51%

Cap Rate -1.8%

Cash on Cash -9.1%

If 5430 Melbourne Street, Vancouver were rented at $6,139 a month with 5% vacancy, it would fall $2,892 a month short of the mortgage and carrying costs; about 51% 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 5430 Melbourne Street, Vancouver

$6,139 / month

Rent $6,139

Own $8,527

Principal: $2,462/mo Interest, tax, insurance, fees: $6,065/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$2,061/mo (year 1) → ~$4,794/mo (year 20) → ~$7,150/mo (year 29).

Net cost to own at year 5 ~$6,065/mo About $74/mo less than renting

EstateBlock estimates 5430 Melbourne Street, Vancouver would rent for about $6,139 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: 5430 Melbourne Street

Rent vs own

Owning catches up by year 8

With 20% down ($379,980) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $135,445

Principal paid off by year 10 $304,573

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.

Renting 5430 Melbourne Street, Vancouver is cheaper at first, but owning catches up by year 8, with $135,445 of principal paid off by year 5 and $304,573 by year 10.