5045 Payne Street, Vancouver, BC
•Collingwood VE- $1,999,888
- 7 bed
- 5 bath
- 1926 sqft
- Built in 2012




This 6 bedroom, 3 bathroom family home sits on 5,797 sq ft CORNER lot (54.91 x 107) and offers 2,824 sq ft of living space, configured with 3 bedrooms and 2 bathrooms (including one ensuite) up, plus a self contained 3 bedroom, 1 bathroom suite down. The home was previously renovated but will require work and fixes throughout. Versatile opportunity to update, hold as investment, or build new! Zoned R1-1 and located within Tier 3 of the Joyce-Collingwood Station Transit oriented area (400-800 m from the Skytrain station) the property carries meaningful future redevelopment upside under the City's TOA policy, in addition to other multiplex options under current zoning.
This Single Family Residence home located at 5430 Melbourne Street, Vancouver is currently for sale and has been available on Strawhomes.com for 63 days. This property is listed at $1,999,900 with an estimated mortgage of $9,353* per month. It has 6 beds, 3 bathrooms, and is 2,824 square feet. The property was built in 1976. 5430 Melbourne Street, Vancouver BC V5R 4L7 is in the Collingwood VE Houses neighbourhood Vancouver. Killarney VE, Renfrew Heights and Champlain Heights are nearby neighborhoods.
| MLS® # | Date | Event | Price |
|---|---|---|---|
| XXXXXXXXXX | Xxx XX, XXXX | Listed | — |
| Year | Land + Improvements | Assessment |
|---|---|---|
| 2026 | $1,885,000 + $319,000 | $2,204,000 |
| Area | Avg. Price | Updated |
|---|---|---|
| This Home | $1,999,900 | Jul 9, 2026 |
| Vancouver | $1,949,580 | Oct 5, 2026 |
| Collingwood VE | $1,255,531 | Oct 5, 2026 |
If this detached house isn't quite what you're looking for, view the other 4,415 single family homes for sale in Vancouver
This freehold detached house was built in 1976 and is currently listed at $708 per square foot. The property sits on a 5,798 sq ft lot with 54.91 feet of frontage. The property offers 3 parking spaces, 2 fireplaces. Annual property taxes were assessed at $10,448 in 2025.
Located in the city of Vancouver, within the province of British Columbia, the address 5430 MELBOURNE STREET resides in the Collingwood VE neighbourhood of Vancouver.
Neighboring communities include Renfrew Heights, Killarney VE and Victoria VE. Melbourne has 3 homes currently on the market, while the district of Collingwood VE has 223 postings on the market. This is roughly 5.1% of Vancouver's total 4,415 listings on the market. In Collingwood VE, the average asking price for a detached house is $1,239,149, which translates to a monthly mortgage payment of around $5,795.* This is 0.6 times the average price of $1,963,927 for a similar detached house in the city of Vancouver.
The average Collingwood VE listed detached house is 1,365 sq ft, has 3 beds, and 2 baths.
In the area surrounding 5430 MELBOURNE STREET, detached houses outnumber townhouses on the market.
The monthly payment amount is an approximation calculated loan requiring a 20% down payment at a 5% rate for a 5-year mortgage term
MLS®#: R3145034 · $1,999,900 · 6 bedroom detached house in Collingwood VE Vancouver.
The list price of the House at 5430 Melbourne Street, Vancouver is $1,999,900 and has been listed on strawhomes.com. 5430 Melbourne Street, Vancouver, BC V5R 4L7 has 6 beds, 3 baths, and is 2,824 sq ft. This MLS® listing ID R3145034 was built in 1976. 5430 Melbourne Street, Vancouver is located in the city of Vancouver Houses for sale, and situated in a great neighbourhood called Collingwood VE Houses for sale.
This House is a detached property that is currently for sale and was listed on July 9, 2026, or listed 2 months ago on our web site. This detached house is for sale and is located in the neighbourhood of Collingwood VE. It was built in the year of 1976, or 50 years old. The full mailing address is 5430 Melbourne Street, Vancouver, BC, V5R 4L7. It has 6 beds & 3 baths. The list price of this detached house is $1,999,900 and the living area is 2,824 sq ft, or $708 per square foot. The lot is 5,798 sq ft.
The postal code V5R 4L7 has a few open houses in Vancouver British Columbia Canada. This Collingwood VE detached house for sale is one of Lower Mainlands best priced properties in the Collingwood VE neighbourhood.
If you would like to calculate your mortgage payment for this listing located at V5R 4L7 and need a mortgage calculator please see above.
For sellers wanting to get a home value of their house for sale near This MLS® listing ID R3145034, please contact us using make an appointment button below and then click to see what is my home worth button to have a Vancouver listing agent contact you with our selling system. Richard Morrison is a top real estate agent located in Vancouver Collingwood VE.
You can see Price History, house prices, Walk Score, and property disclosure above. The data relating to real estate on this website (MLS® R3145034) comes in part from the Vancouver MLS® Reciprocity program of either Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB).