5045 PAYNE STREET
Vancouver, BC V5R4J5
$2,200,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 3,267 square feet
- Frontage
- 33 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $7,302.55 (2025)
Interior
- Heating
- Radiant heat
- Fireplace
- None
Parking
- Total spaces
- 1 — covered indicated
- Features
- Detached Garage
Listing Information
- MLS®
- R3128565
- Listed
- May 27, 2026
- Time on market
- On the market for 96 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: eXp Realty · Data source: CREA DDF.
Description
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. (id:63159)
Values & Trends
This listing
$1,142/sqft
Building average
—
No other active listings in this building
Vancouver average
$1,165/sqft
1216 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.
Detached (House) Market Stats — Vancouver
Monthly figures from the Fraser Valley Real Estate Board for Vancouver detached (house)listings — not specific to this property.
MLS® HPI Benchmark Price
$2,303,200
Jul 2026
Average Sale Price
$2,623,974
Jul 2026
Monthly Sales
131
Jul 2026
Active Listings
1,316
Jul 2026
Sales-to-Active Ratio
10.0%
Jul 2026
Median Days to Contract
27 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
67
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 | 274 m |
| St Mary's(Independent) | Elementary | 284 m |
| Graham Bruce Community Elementary | Elementary | 563 m |
| Sir Wilfred Grenfell Community | Elementary | 600 m |
| École Inman Elementary | Elementary | 959 m |
| Cascade Heights Elementary | Elementary | 1.1 km |
| Windermere Community Secondary | Secondary | 1.1 km |
| Dr H N Maccorkindale Elementary | Elementary | 1.2 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 |
|---|---|---|
| Joyce Station @ Bay 7 | — | 62 m |
| Joyce Station @ Bay 4 | — | 81 m |
| Joyce Station @ Bay 5 | — | 86 m |
| Joyce-Collingwood Station @ Platform 1 | — | 95 m |
| Joyce-Collingwood Station @ Platform 2 | — | 101 m |
Nearby Places
Restaurants (5+)
- Khan Sahab Kitchen · 4942 Joyce Street114 m
- 852 Kitchen · 4963 Joyce Street124 m
- Milk & Sugar BBQ Bar · 5103 Joyce Street127 m
- Sunflower Kitchen · 5125 Joyce Street144 m
- Sushi Taku · 4902 Joyce Street148 m
Cafes (5+)
- CoCo Fresh Tea & Juice · 5066 Joyce Street52 m
- Trees Organic Coffee · 5078 Joyce Street60 m
- Tim Hortons · 5081 Joyce Street90 m
- CoCo Fresh Tea & Juice · 3275 Kingsway613 m
- Milk & Sugar Cafe · 3365 Kingsway632 m
Grocery (5+)
- Kay Market · 5169 Joyce Street157 m
- Consumers Produce · 3388 Kingsway678 m
- Africana General Market · 3543 Kingsway722 m
- 88 Supermarket · 3328 Kingsway722 m
- Safeway · 3410 Kingsway741 m
Parks (5+)
- Melbourne Park · 3530 Vanness Avenue258 m
- Gaston Park · 3470 Crowley Drive274 m
- Carleton Park · 3450 Price Street383 m
- Price Park · 3650 Price Street471 m
- Aberdeen Park · 3525 Foster Avenue482 m
Gyms (5+)
- BUDō - Northwest Jiu-Jitsu Academy Vancouver · 3163 Kingsway667 m
- Vector Training Centre · 3121 Kingsway697 m
- Wu-Yi Tae Kwon Do · 3435 Kingsway703 m
- Odokan Karate · 3465 Kingsway710 m
- Orijin Yoga · 3665 Kingsway779 m
Pharmacies (3)
- Wellness Pharmacy143 m
- Unicare Pharmacy · 3325 Kingsway613 m
- Supersave Pharmacy · 3443 Kingsway705 m
Banks & ATMs (5+)
- Community Savings105 m
- CIBC · 3297 Kingsway609 m
- Vancity · 3305 Kingsway610 m
- RBC Royal Bank · 3318 Kingsway646 m
- Unnamed671 m
Nearby places data: © OpenStreetMap contributors.
School district: Vancouver (SD39)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($440,000) — 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.