Property Type: Detached HouseOwnership: FreeholdNEW LISTING

5075 PAYNE STREET

Vancouver, BC V5R4J5

$1,499,000

8 bed2 bath3 parking2,160 sqftBuilt 1971
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Amenities

Also listed: Laundry - In Suite

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
$7,853.47 (2026)

Interior

Basement
Finished, Full, Unknown
Heating
Forced air, Natural gas
Fireplace
None
Appliances
Refrigerator, Stove, Washer & Dryer

Exterior & Lot

Lot features
Central location

Building

Parcel ID (PID)
011-985-607

Parking

Total spaces
3 — covered indicated
Features
Carport

Listing Information

MLS®
R3159741
Listed
August 28, 2026
Time on market
On the market for 3 days
Tax assessment year
2026
Data last synced
August 29, 2026

Listing provided by: Multiple Realty Ltd. · Data source: CREA DDF.

Description

Well maintained 2 level home right in the heart of Joyce Collingwood. This 8 bedroom home, features 4 large bedrooms and a spacious rec room/enclosed porch upstairs with plenty of space for a growing family. Downstairs includes an authorized 4-bedroom suite offering exceptional rental income and functionality. Includes a single detached garage and additional parking in rear, a fenced front and back yard for your gardening and relaxation. Were in one of East Vans arguably most convenient locations with shopping, transit and Joyce Skytrain right at your doorstep, while still being an amazingly quiet street for top tier city living! Come experience Joyce Collingwood, and all this vibrant community today! (id:63159)

Values & Trends

This listing

$694/sqft

Building average

No other active listings in this building

Vancouver average

$1,166/sqft

1216 active listing(s)

Parking: 3 stall(s) includedStorage locker: Not indicated

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

$2,657,400
$2,280,700
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

17°C

Clear

Humidity 100%

Wind WNW 13 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

SchoolTypeDistance
Collingwood Neighbourhood SchoolElementary255 m
St Mary's(Independent)Elementary264 m
Graham Bruce Community ElementaryElementary583 m
Sir Wilfred Grenfell CommunityElementary606 m
École Inman ElementaryElementary975 m
Cascade Heights ElementaryElementary1.1 km
Windermere Community SecondarySecondary1.1 km
Dr H N Maccorkindale ElementaryElementary1.2 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

StopTypeDistance
Joyce Station @ Bay 756 m
Joyce Station @ Bay 462 m
Joyce Station @ Bay 566 m
Joyce-Collingwood Station @ Platform 179 m
Joyce-Collingwood Station @ Platform 284 m

Nearby Places

Restaurants (5+)

  • Milk & Sugar BBQ Bar · 5103 Joyce Street109 m
  • Sunflower Kitchen · 5125 Joyce Street125 m
  • Khan Sahab Kitchen · 4942 Joyce Street130 m
  • 852 Kitchen · 4963 Joyce Street135 m
  • Chicko Chicken · 5171 Joyce Street149 m

Cafes (5+)

  • CoCo Fresh Tea & Juice · 5066 Joyce Street47 m
  • Trees Organic Coffee · 5078 Joyce Street48 m
  • Tim Hortons · 5081 Joyce Street81 m
  • CoCo Fresh Tea & Juice · 3275 Kingsway592 m
  • Milk & Sugar Cafe · 3365 Kingsway614 m

Grocery (5+)

  • Kay Market · 5169 Joyce Street138 m
  • Consumers Produce · 3388 Kingsway660 m
  • 88 Supermarket · 3328 Kingsway703 m
  • Africana General Market · 3543 Kingsway712 m
  • Safeway · 3410 Kingsway724 m

Parks (5+)

  • Melbourne Park · 3530 Vanness Avenue252 m
  • Gaston Park · 3470 Crowley Drive258 m
  • Carleton Park · 3450 Price Street397 m
  • Collingwood Park · 5275 McKinnon Street477 m
  • Aberdeen Park · 3525 Foster Avenue477 m

Gyms (5+)

  • BUDō - Northwest Jiu-Jitsu Academy Vancouver · 3163 Kingsway647 m
  • Vector Training Centre · 3121 Kingsway678 m
  • Wu-Yi Tae Kwon Do · 3435 Kingsway687 m
  • Odokan Karate · 3465 Kingsway696 m
  • Orijin Yoga · 3665 Kingsway775 m

Pharmacies (4)

  • Wellness Pharmacy123 m
  • Unicare Pharmacy · 3325 Kingsway593 m
  • Supersave Pharmacy · 3443 Kingsway690 m
  • The Medicine Shoppe · 3039 Kingsway787 m

Banks & ATMs (5+)

  • Community Savings85 m
  • CIBC · 3297 Kingsway589 m
  • Vancity · 3305 Kingsway590 m
  • RBC Royal Bank · 3318 Kingsway627 m
  • Unnamed652 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($124,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,199,200.00
Periodic payment — Principal & Interest (monthly)$7,736.83
Additional monthly expenses (strata, tax, utilities, etc.)$762.46
Total monthly cost$8,499.29
Interest paid over 5-yr term$343,694.17
Balance at end of term$1,078,684.28

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$124,900
Stress test qualifying rate8.09%
Payment you must qualify for$10,566.35

Cash Needed at Closing

Minimum down payment$124,900
Estimated BC PTT$27,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$154,380

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.

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