208 5288 MELBOURNE STREET
Vancouver, BC V5R6E6
$548,000
Amenities
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $451/mo
- Annual property tax
- $2,011.28 (2025)
Interior
- Heating
- Baseboard heaters
- Fireplace
- None
- Appliances
- All
Exterior & Lot
- Lot features
- Central location, Treed, Elevator
Building
- Parcel ID (PID)
- 024-221-104
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Underground
Restrictions & Policies
- Pets
- Allowed with restrictions
- Rentals
- Allowed with restrictions
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Listing Information
- MLS®
- R3158814
- Listed
- August 25, 2026
- Time on market
- On the market for 6 days
- Tax assessment year
- 2025
- Data last synced
- August 31, 2026
Listing provided by: Macdonald Realty · Data source: CREA DDF.
Description
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. Open House Sunday, August 30 11am -1pm (id:63159)
Values & Trends
This listing
$659/sqft
Building average
—
1 active listing(s)
Vancouver average
$1,095/sqft
2087 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Apartment Market Stats — Vancouver
Monthly figures from the Fraser Valley Real Estate Board for Vancouver apartmentlistings — not specific to this property.
MLS® HPI Benchmark Price
$729,200
Jul 2026
Average Sale Price
$892,419
Jul 2026
Monthly Sales
342
Jul 2026
Active Listings
2,222
Jul 2026
Sales-to-Active Ratio
15.0%
Jul 2026
Median Days to Contract
25 days
Jul 2026
MLS® HPI Benchmark Price
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
15°C
Clear
Humidity 100%
Wind NW 5 km/h
Tonight
14°
Tuesday
20°
Tuesday night
15°
Wednesday
19°
Wednesday night
14°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
662,248
(2021 Census)
+4.9% since 2016
Density: 5,749.7/km²
Dwellings: 328,347
Median household income: $82,000
After-tax: $72,000
Immigrant population: 42.2%
Top countries of origin (% of total population)
- China9.6% · 63,270
- Philippines4.5% · 29,925
- Hong Kong3.8% · 25,485
- India2.2% · 14,640
- United Kingdom1.9% · 12,895
- Viet Nam1.8% · 12,115
- Taiwan1.5% · 9,865
- United States of America1.5% · 9,790
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
56
7/9 categories nearby
Transit
33
5 stop(s) within 800m
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Collingwood Neighbourhood School | Elementary | 286 m |
| St Mary's(Independent) | Elementary | 409 m |
| Graham Bruce Community Elementary | Elementary | 701 m |
| École Inman Elementary | Elementary | 860 m |
| Sir Wilfred Grenfell Community | Elementary | 890 m |
| Dr H N Maccorkindale Elementary | Elementary | 942 m |
| Cascade Heights Elementary | Elementary | 1.2 km |
| Dr George M Weir Elementary | Elementary | 1.4 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
| Stop | Type | Distance |
|---|---|---|
| Eastbound Vanness Ave @ Melbourne St | — | 37 m |
| Westbound Vanness Ave @ Melbourne St | — | 45 m |
| Joyce Station @ Bay 4 | — | 263 m |
| Joyce Station @ Bay 5 | — | 303 m |
| Joyce-Collingwood Station @ Platform 2 | — | 339 m |
Nearby Places
Restaurants (5+)
- Japanese Bistro Kamome · 5228 Joyce Street325 m
- Blue Coast Japanese Seafood Cuisine · 3670 Vanness Avenue339 m
- Sunflower Kitchen · 5125 Joyce Street344 m
- Milk & Sugar BBQ Bar · 5103 Joyce Street347 m
- Chicko Chicken · 5171 Joyce Street352 m
Cafes (5+)
- Trees Organic Coffee · 5078 Joyce Street328 m
- CoCo Fresh Tea & Juice · 5066 Joyce Street333 m
- Tim Hortons · 5081 Joyce Street361 m
- Snackshot · 3595 Kingsway468 m
- Jack's Spot · 3615 Kingsway482 m
Grocery (5+)
- Kay Market · 5169 Joyce Street345 m
- Africana General Market · 3543 Kingsway451 m
- Consumers Produce · 3388 Kingsway549 m
- Desi Bazaar · 5757 Battison Street569 m
- Safeway · 3410 Kingsway582 m
Parks (5+)
- Melbourne Park · 3530 Vanness Avenue49 m
- Aberdeen Park · 3525 Foster Avenue193 m
- Gaston Park · 3470 Crowley Drive203 m
- Foster Park · 5501 Aberdeen Street254 m
- Price Park · 3650 Price Street505 m
Gyms (5+)
- Orijin Yoga · 3665 Kingsway489 m
- Odokan Karate · 3465 Kingsway490 m
- Wu-Yi Tae Kwon Do · 3435 Kingsway508 m
- BUDō - Northwest Jiu-Jitsu Academy Vancouver · 3163 Kingsway729 m
- Vector Training Centre · 3121 Kingsway777 m
Pharmacies (3)
- Wellness Pharmacy314 m
- Supersave Pharmacy · 3443 Kingsway506 m
- Unicare Pharmacy · 3325 Kingsway554 m
Banks & ATMs (5+)
- Community Savings301 m
- Bitcoin ATM Localcoin · 3527 Kingsway452 m
- Bitcoin ATM Coinsite · 3497 Kingsway467 m
- TD · 3399 Kingsway510 m
- Unnamed513 m
Nearby places data: © OpenStreetMap contributors.
School district: Vancouver (SD39)
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Explore More Homes
Mortgage & Ownership Cost Calculator
Minimum required: 5.4% ($29,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.