621 5598 Ormidale Street — Vancouver East


$ 599,000 FOR SALE MLS# R3158859
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First time home buyer / Investors beware, BEST value two bedrooms concrete low rise in one of the most convenient location in Vancouver. Steps away from the beautiful natural forest of Central Park, 10 minutes walk to Joyce-Collingwood SkyTrain Station, quick access to Safeway and a great selection of food choices along Kingsway in the Collingwood Community. This unit contains two well sized bedrooms each with their own spacious closet, functional kitchen with a full size gas burner which opens into the living room. About 100 sqft of outdoor balcony space with gas hook-up, water and electrical access for every lifestyle. Open house 29/30 2-4pm, see you here.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms2
Bathrooms1
Living Area620 sqft
Property TypeResidential – Apartment/Condo
MLS® R3158859
StatusActive
Listing BrokerGrand Central Realty

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
Condos113
Median Asking Price $ 554,900 $ 599,000
Median Price per SqFt $875 $966
Median Days on Market 61
Sold Properties Aug 2026Jul 2026Aug 2025
Condos 0 ▼100.0% 2 10
Median Selling Price ▼100.0% $ 617,400 $ 512,500
Median Price per SqFt ▼100.0% $768 $928
Median Days on Market 614
Median Discount Off Ask 1.4%0.9%
New Listings 27263
Months of Inventory 14.7

At the current sales pace, it would take about 15 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.