5009 Payne Street — Vancouver East


$ 2,500,000 FOR SALE MLS# R3145961
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INVESTOR ALERT & IDEAL FAMILY HOME! Original owner, this exceptionally well-maintained property was built in 2006. This above ground 3-level home features the bright upper level with 1 bedroom on main and 2 bedrooms on top, 2 full bathrooms, and a functional family-friendly layout. The ground level includes separate 2 sets of 1-bedroom suite, each with a private entrance. Excellent mortgage-helper potential. Walking distance to Joyce skytrain station and Kingsway commercial street. Family oriented home or land assembly opportunity. Also close to schools, parks, shopping, and everyday amenities. Do not miss out this good opportunity. Open House: July 19, Sun, 12-2pm.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

Property Details

Bedrooms5
Bathrooms4
Living Area1,959 sqft
Lot Area3,267 sqft
Property TypeResidential – Single Family Residence
MLS® R3145961
StatusActive
Listing BrokerRE/MAX City Realty

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
1 event on record for this property

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Market Overview

Collingwood VE · Vancouver East · All Homes

Active PropertiesAll ActiveThis Property
All Homes239
Median Asking Price $ 898,000 $ 2,500,000
Median Price per SqFt $889 $1,276
Median Days on Market 58
Sold Properties Aug 2026Jul 2026Aug 2025
All Homes 0 ▼100.0% 3 22
Median Selling Price ▼100.0% $ 749,800 $ 835,000
Median Price per SqFt ▼100.0% $771 $877
Median Days on Market 618
Median Discount Off Ask 0.8%2.6%
New Listings 42578
Months of Inventory 17.7

At the current sales pace, it would take about 18 months to sell all the homes currently for sale here — a Buyer's market.

SELLER'S
BALANCED
BUYER'S

More homes are for sale than there are buyers, so buyers tend to have more choice and more room to negotiate on price.

What's this?

Months of inventory = the number of homes currently for sale ÷ the average number sold per month recently. As a rule of thumb, under 5 months favours sellers, 5–8 is balanced, and over 8 favours buyers.

Collingwood VE: Number of Sales

Collingwood VE: Median Sold Price

Collingwood VE: Median Sold Price per SqFt

Aggregate market statistics from the MLS® for Collingwood VE. Figures are medians and may reflect small sample sizes in a single neighbourhood. Not an appraisal — ask a team member to verify.