Potential future high-rise development opportunity ideally located 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. This property is part of a 5-lot land assembly . Designated under the Joyce-Collingwood Station Precinct Plan with potential for up to 4.5 FSR and 14-storey development potential.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Heating Type | Radiant |
| # of Kitchens | 3 |
| Flooring | Laminate, Mixed, Tile |
| Foundation | Concrete Perimeter |
| Exterior Features | Balcony |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $2,500,000 |
|---|---|
| Total Bedrooms | 7 |
| Total Bathrooms | 5 |
| Full Bathrooms | 5 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 1926 |
| Year Built | 2012 |
| Age Of Building | 14 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Architecture Style | Laneway House |
| Stories | 3 |
| Ownership Type | Freehold NonStrata |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Detached |
| Total Parking Spaces | 1 |
| Rental Suites | Unauthorized Suite |
| Lot Size | 3267 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 33 |
| MLS® # | R3128565 |
| Area | Vancouver East |
| Neighbourhood | Collingwood VE |
| City | Vancouver |
| Postal Code | V5R 4J5 |
| Gross Taxes | $7,302.55 |
| Zoning | R1-1 |
| Status | Date | Price |
|---|---|---|
| R3128565 / Active | 05-25-2026 | $2,500,000 |
| R3007110 / Expired | 05-23-2025 | $3,200,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 10'11 x 10'11 ft |
| Main Level | Dining Room | 10'11 x 10'11 ft |
| Main Level | Kitchen | 14'7 x 14'7 ft |
| Main Level | Bedroom | 10'2 x 10'2 ft |
| Main Level | Bedroom | 10'3 x 10'3 ft |
| Below | Bedroom | 7'9 x 7'9 ft |
| Below | Flex Room | 11'9 x 11'9 ft |
| Below | Foyer | 6'3 x 6'3 ft |
| Below | Bedroom | 6'11 x 6'11 ft |
| Below | Bedroom | 10'2 x 10'2 ft |
| Below | Kitchen | 12'3 x 12'3 ft |
| Above Level | Primary Bedroom | 10'2 x 10'2 ft |
| Main Level | Kitchen | 9'3 x 9'3 ft |
| Main Level | Living Room | 5'6 x 5'6 ft |
| Abv Main 2 | Bedroom | 10'1 x 10'1 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
| Below | No | #3 |
| Below | No | #3 |
| Above Level | Yes | #3 |
| Above Main 2 | No | #3 |
Listed by: eXp 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 5045 Payne Street | |||||
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,422,000 | $708,000 | $2,130,000 |
-2.6%
|
| 2025 | $1,504,000 | $682,000 | $2,186,000 |
+0.3%
|
| 2024 | $1,506,000 | $674,000 | $2,180,000 |
+7.5%
|
| 2023 | $1,381,000 | $647,000 | $2,028,000 |
+6.6%
|
| 2022 | $1,295,000 | $607,000 | $1,902,000 | — |
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