5075 Payne Street — Vancouver East


$ 1,499,000 FOR SALE MLS# R3159741
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Well maintained 2 level home right in the heart of Joyce Collingwood. This 8 bedroom home, features 4 large bedrooms and a spacious rec room/enclosed porch upstairs with plenty of space for a growing family. Downstairs includes an authorized 4-bedroom suite offering exceptional rental income and functionality. Includes a single detached garage and additional parking in rear, a fenced front and back yard for your gardening and relaxation. Were in one of East Vans arguably most convenient locations with shopping, transit and Joyce Skytrain right at your doorstep, while still being an amazingly quiet street for top tier city living! Come experience Joyce Collingwood, and all this vibrant community has to offer.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms8
Bathrooms2
Living Area2,160 sqft
Lot Area3,267 sqft
Property TypeResidential – Single Family Residence
MLS® R3159741
StatusActive
Listing BrokerMultiple Realty Ltd.

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed

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Market Overview

Collingwood VE · Vancouver East · All Homes

Active PropertiesAll ActiveThis Property
All Homes226
Median Asking Price $ 968,950 $ 1,499,000
Median Price per SqFt $879 $694
Median Days on Market 67
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 53487
Months of Inventory 16.7

At the current sales pace, it would take about 17 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.