5655 Lancaster Street — Vancouver East


$ 2,190,000 FOR SALE MLS# R3150466
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Rarely available Big Lot 50'X 122', East Facing solid house sit in the heart of Collingwood with new installed metal roof, main floor with big sundeck, spacious kitchen, dinning area, huge living room, 4 bedrooms, 4 pcs bathroom and 2 pcs bathroom & laundry room. Separate basement with 2 suites, each with separate entrances, two bedrooms, 4 pcs bathroom, kitchen, dinning area, (one also with living area). Central location within walking distance to schools, transportation, restaurants, 15 minutes to Burnaby, Central Park, Metrotown. Good for own usage and hold for future development. Showing by appointment. Price For Sell! Do Not Miss!
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms8
Bathrooms4
Living Area2,426 sqft
Lot Area6,100 sqft
Property TypeResidential – Single Family Residence
StyleRancher/Bungalow w/Bsmt.
MLS® R3150466
StatusActive
Listing BrokerRoyal Pacific Realty (Kingsway) Ltd.

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 $ 2,190,000
Median Price per SqFt $889 $903
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.