3088 School Avenue, Vancouver, BC
•Collingwood VE- $2,149,000
- 7 bed
- 5 bath
- 3886 sqft
- Built in 1987





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 19 days. This property is listed at $2,075,000 with an estimated mortgage of $9,704* 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 | $2,075,000 | Jul 9, 2026 |
| Vancouver | $1,961,147 | Aug 5, 2026 |
| Collingwood VE | $1,245,685 | Aug 5, 2026 |
If this detached house isn't quite what you're looking for, view the other 4,686 houses for sale in Vancouver
This freehold detached house was built in 1976 and is currently listed at $735 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 5 homes currently on the market, while the district of Collingwood VE has 225 postings on the market. That's just 4.8% of the 4,686 total listings for sale in the city of Vancouver. In Collingwood VE, the average asking price for a detached house is $1,249,356, which translates to a monthly mortgage payment of around $5,843.* This is 0.6 times the average price of $1,972,466 for a similar detached house in the city of Vancouver.
Collingwood VE listed detached houses average 1,321 sq ft, 3 beds, and 2 baths.
The majority of properties for sale in the community around 5430 MELBOURNE STREET are detached houses, not townhouses.
The monthly payments provided are an approximation calculated for a mortgage loan with a down payment of 20% @ 5% interest rate over a 5-year mortgage term.
MLS®#: R3145034 · $2,075,000 · 6 bedroom detached house in Collingwood VE Vancouver.