This home move in ready, with a legal suite, offering great rental income now with massive long-term potential, as the zoning allows 8 stories within this transit area. Fantastic opportunity to invest or buy to live in a friendly, family-oriented neighborhood! Located just a short 5-minute walk to the Joyce-Collingwood station, it offers quick commuting and immediate access to diverse shops, restaurants, and amenities. The property has been well-maintained with a newer roof, newer windows, brand-new stairs, and a private, shaded backyard with a garden. A perfect choice for buyers looking for immediate cash flow, a future home or both.
| Basement Finished Area (sqft) | 953 |
|---|---|
| Basement Features | Full, Finished, Exterior Entry |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Fireplace | 1 |
| Heating Type | Forced Air, Natural Gas |
| # of Kitchens | 2 |
| Flooring | Hardwood, Laminate, Tile |
| Foundation | Concrete Perimeter |
| Exterior Features | No Outdoor Area, Private Yard |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $1,299,000 |
|---|---|
| Total Bedrooms | 5 |
| Total Bathrooms | 2 |
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 1910 |
| Year Built | 1956 |
| Age Of Building | 70 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Architecture Style | Rancher/Bungalow w/Bsmt. |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Utility Type | Community, Electricity Connected |
| Utility Sewer | Public Sewer |
| Water (WaterSource) | Public |
| Parking Type | Other, Front Access |
| Total Parking Spaces | 2 |
| Rental Suites | Legal Suite |
| Lot Size | 3267 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 33 |
| MLS® # | R3127035 |
| Area | Vancouver East |
| Neighbourhood | Collingwood VE |
| City | Vancouver |
| Postal Code | V5R 3Z9 |
| Gross Taxes | $7,925.57 |
| Zoning | RS-1 |
| Status | Date | Price |
|---|---|---|
| R3127035 / Active | 05-22-2026 | $1,299,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 18'2 x 18'2 ft |
| Main Level | Dining Room | 7'5 x 7'5 ft |
| Main Level | Kitchen | 9'9 x 9'9 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Basement | 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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Schools Near 4967 Spencer Street | |||||
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,356,000 | $61,000 | $1,417,000 |
-5.8%
|
| 2025 | $1,428,000 | $75,900 | $1,503,900 |
-0.7%
|
| 2024 | $1,431,000 | $83,900 | $1,514,900 |
+4.2%
|
| 2023 | $1,367,000 | $86,500 | $1,453,500 |
+8.8%
|
| 2022 | $1,248,000 | $88,100 | $1,336,100 | — |
Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar Single Family Residences average $1,691,667 across 3 active listings — this listing is 23.2% below the Vancouver average. This property is flagged as a Hot Deal (34.72% cheaper than comparables) based on its competitive pricing and market demand.
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