5028 Payne St, Vancouver BC - Single Family Residence for Sale - MLS# R3015540

$4,590,000
Est. Mortgage $20,306/mo
4 Beds
4 Baths
1960 sqft
2342 $ /sqft
2000 built
$4,590,000
Est. $20,306/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

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Property Details for 5028 Payne Street

Developers and Investors! Fantastic opportunity in Vancouver’s Transit-Oriented Development (TOD) Tier 1 zone. This single-family home is ideally located just 200 metres from Joyce-Collingwood SkyTrain Station. Under new provincial legislation, the property qualifies for a multi-family development of up to 20 storeys, making it an exceptional site for high-density redevelopment.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 1
Heating Type Hot Water, Radiant
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Private Yard
Roof Asphalt
Structures Residential Detached

Building Details

Price $4,590,000
Total Bedrooms 4
Total Bathrooms 4
Full Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 1960
Year Built 2000
Age Of Building 25
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, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Triple, Rear Access
Total Parking Spaces 3

Lot & Land

Lot Size 3504.71
Lot Size Depth Feet
Lot Size Frontage 33.33
MLS® # R3015540
Area Vancouver East
Neighbourhood Collingwood VE
City Vancouver
Postal Code V5R 4J6
Gross Taxes $7,553.62
Zoning RM-9BN

Property Timeline

Status Date Price
R3015540 / Active 06-13-2025 $4,590,000
Rooms
Floor Type Dimensions
Main Level Living Room 12'7 x 12'7 ft
Main Level Dining Room 13'5 x 13'5 ft
Main Level Study 8'6 x 8'6 ft
Main Level Games Room 13' x 13' ft
Main Level Den 8'6 x 8'6 ft
Main Level Bedroom 11'9 x 11'9 ft
Above Level Living Room 11'11 x 11'11 ft
Above Level Kitchen 10' x 10' ft
Above Level Nook 10' x 10' ft
Above Level Primary Bedroom 10'2 x 10'2 ft
Above Level Bedroom 10' x 10' ft
Above Level Bedroom 10'9 x 10'9 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Main Level No #3
Above Level Yes #3
Above Level No #3

Listed by: Dracco Pacific Realty & Dracco Pacific 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 & Neighbourhood

Public Schools

Elementary
Graham Bruce Community Elementary School
0.47 km
Secondary
Windermere Community Secondary School
1.13 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St.Mary's School
Above Average
0.34 km
9.4/10
Secondary
Vancouver Formosa Academy
1.34 km

Closest Transit

Bus Stop
Southbound Joyce St @ Wellington Ave
0.12 km
Skytrain
Skytrain @ Joyce Stn
0.19 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Below Average
22.5%
No Certificate/Degree
Above Average
20.2%
Owner Occupied
Below Average
58.6%
Employment Rate
Above Average
70.3%

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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 5028 Payne Street

BC Assessment Value — 5028 Payne Street

2026 assessed value, sourced from City of Vancouver open data (PID 024-865-966).
Total Assessed Value (2026)
$1,756,000
-4.4% YoY
+2.5%/yr over 4 yr
2022 Value Trend 2026
Land
$1,465,000
Buildings
$291,000
Year Built
2000
Class
Residential
Zoning
RM-9B
Property Tax
$8,436
Year Land Improvements Total Assessed YOY Change
2026 $1,465,000 $291,000 $1,756,000
-4.4%
2025 $1,549,000 $287,000 $1,836,000
+0.1%
2024 $1,552,000 $283,000 $1,835,000
+8.1%
2023 $1,422,000 $276,000 $1,698,000
+6.7%
2022 $1,333,000 $258,000 $1,591,000

Mortgage Calculator for 5028 Payne Street

/month
Principal & Interest
Property Taxes $629
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $18,160/month in total housing costs on this $4,590,000 property — $17,531 mortgage payment, $629 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.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Based on $10,557/month estimated rent and $18,466/month in total housing costs, this property has a -$7,909/month cashflow. Break-even down payment: approximately 57%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Collingwood VE, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $4,590,000
Vancouver Loading...
Collingwood VE Loading...

No active comparable properties are currently available for this property type in Vancouver. The price evaluation chart will update as similar listings enter the market.

Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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