For Sale · Vancouver · Single Family

$2,500,000

5009 PAYNE STREET, Vancouver

Beds

Baths

1,959

Sq Ft

2006

Built

About This Home

The details.

INVESTOR ALERT & IDEAL FAMILY HOME! Original owner, this exceptionally well-maintained property was built in 2006. This above ground 3-level home features the bright upper level with 1 bedroom on main and 2 bedrooms on top, 2 full bathrooms, and a functional family-friendly layout. The ground level includes separate 2 sets of 1-bedroom suite, each with a private entrance. Excellent mortgage-helper potential. Walking distance to Joyce skytrain station and Kingsway commercial street. Family oriented home or land assembly opportunity. Also close to schools, parks, shopping, and everyday amenities. Do not miss out this good opportunity. (id:66635)

Summarizing the highlights...

MLS® R3145961Listing courtesy of RE/MAX City RealtyView on map Street view

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Year built: 2006
Size: 1,959 sqft
Lot size: 3,267 square feet
Parking: 3 spaces
MLS number: R3145961
Data source: Greater Vancouver REALTORS®

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$11,692

$2,000,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$11,692

Cash flow

-$11,692

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Vancouver right now

1,696

Active listings

1,819

New this week

$859,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Vancouver.

Household and demographic stats for Vancouver, from the Statistics Canada 2021 Census.

662,248
Population (2021): 39.6
Median age: 305,335
Households: 2.1
Avg household size: 45.5%
Home ownership: $82,000
Median household income

Vancouver neighbourhood guide Full census profile Vancouver market trends

Source: Statistics Canada 2021 Census, Vancouver, City (CY).

Schools

Nearby schools.

K-12 schools closest to this home, with straight-line distances.

St Mary's
independent · elementary
310 m
Collingwood Neighbourhood School
public · elementary
390 m
Graham Bruce Community Elementary
public · elementary
430 m
Sir Wilfred Grenfell Community
public · elementary
520 m
Sir Guy Carleton Community Elementary
public · elementary
710 m
École Inman Elementary
public · elementary
990 m

Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.

Public Records

What the city has on file.

Independent reference data for this property from the City of Vancouver assessment roll (2026 assessment).

2006
Year built (city records): $1,422,000
Assessed land value: $432,000
Assessed improvements: $1,854,000
Total assessed value: R1-1
Zoning district: $8,869
Property taxes (2026): Freehold land
Ownership class

Assessed values are the municipal tax assessment, not a market appraisal. Contains information licensed under the Open Government Licence, City of Vancouver.

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Rental Market

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Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.