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Exceptional opportunity in the desirable Collingwood area! This fully renovated family home offers strong future upside with approval for 12-storey zoning, presenting incredible investment potential over the next 5 years. Currently generating approx. $4,000/month from two self-contained 2-bedroom suites, with the upper level also rentable for around $4,000/month. The bright and modern main living space features stylish finishes, spacious living and dining areas, a sleek contemporary kitchen, generous bedrooms, and updated bathrooms. Situated on a quiet street with ample parking and private yard, just a 5-minute walk to Joyce–Collingwood Station, schools, parks, shopping, and community centre. A rare turn-key investment with excellent rental income and redevelopment potential.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Finished, Exterior Entry |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Fireplace | 1 |
| Heating Type | Radiant |
| # of Kitchens | 3 |
| Flooring | Laminate, Tile |
| Foundation | Concrete Perimeter |
| Exterior Features | Balcony |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $2,199,000 |
|---|---|
| Total Bedrooms | 7 |
| Total Bathrooms | 4 |
| Full Bathrooms | 4 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 2392 |
| Year Built | 2002 |
| Age Of Building | 24 |
| 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 | Community, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Open, Front Access |
| Total Parking Spaces | 2 |
| Rental Suites | Unauthorized Suite |
| Lot Size | 3927.54 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 40 |
| MLS® # | R3109606 |
| Area | Vancouver East |
| Neighbourhood | Collingwood VE |
| City | Vancouver |
| Postal Code | V5R 4M3 |
| Gross Taxes | $9,554.83 |
| Zoning | R1-1 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 12'2 x 12'2 ft |
| Main Level | Dining Room | 12'2 x 12'2 ft |
| Main Level | Kitchen | 12'2 x 12'2 ft |
| Main Level | Primary Bedroom | 13'0 x 13'0 ft |
| Main Level | Bedroom | 9'5 x 9'5 ft |
| Main Level | Bedroom | 12'10 x 12'10 ft |
| Main Level | Walk-In Closet | 4'9 x 4'9 ft |
| Below | Living Room | 9'10 x 9'10 ft |
| Below | Kitchen | 10'0 x 10'0 ft |
| Below | Bedroom | 9'10 x 9'10 ft |
| Below | Bedroom | 9'10 x 9'10 ft |
| Below | Living Room | 12'1 x 12'1 ft |
| Below | Kitchen | 12'1 x 12'1 ft |
| Below | Bedroom | 8'6 x 8'6 ft |
| Below | Bedroom | 10'1 x 10'1 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #3 |
| Main Level | No | #4 |
| Below | No | #3 |
| Below | No | #3 |
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 |
|---|---|---|---|---|---|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,472,000 | $459,000 | $1,931,000 |
-4.0%
|
| 2025 | $1,557,000 | $454,000 | $2,011,000 |
+5.7%
|
| 2024 | $1,560,000 | $343,000 | $1,903,000 |
+8.1%
|
| 2023 | $1,430,000 | $330,000 | $1,760,000 |
+6.4%
|
| 2022 | $1,338,000 | $316,000 | $1,654,000 | — |
Based on 2 comparable active Single Family Residences in Collingwood VE, the average asking price is $1,999,667. This listing is priced 10% above the neighbourhood average.
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