702 5288 Melbourne Street — Vancouver East


$ 449,988 FOR SALE MLS# R3131630
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This ultra-convenient location is steps from the SkyTrain, bus transit, Safeway, and tons of shops along Kingsway. THE HOME: Functional 1-Bed + Den layout featuring 517 sq ft of bright, South East-facing living space. Flooded with natural sunlight, the unit looks out over the peaceful inner courtyard which does NOT face the SkyTrain tracks. Relax on your private 53 sq ft patio. THE BUILDING: Great amenities including a gym, party room, and garden. Comes with 1 parking spot. Perfect for first-time buyers, rightsizing or investors! Room dimensions and floor area by 3Delevate. Buyer please verify if important.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms1
Living Area517 sqft
Property TypeResidential – Apartment/Condo
MLS® R3131630
StatusPending
Listing Broker1NE Collective Realty Inc.

Property History

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

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Market Overview

Collingwood VE · Vancouver East · Condos

Active PropertiesAll ActiveThis Property
Condos135
Median Asking Price $ 559,000 $ 449,988
Median Price per SqFt $884 $870
Median Days on Market 58
Sold Properties Sep 2026Aug 2026Sep 2025
Condos 1 ▼90.9% 12 11
Median Selling Price $ 488,200 ▼2.9% $ 446,500 $ 503,000
Median Price per SqFt $722 ▼15.5% $789 $854
Median Days on Market 102444
Median Discount Off Ask 2.4%1.9%5.1%
New Listings 23317
Months of Inventory 8.4

At the current sales pace, it would take about 8 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.