5195 Ruby Street, Vancouver, V5R 4K4 — photo 1

$3,298,000

5195 Ruby Street, Vancouver, V5R 4K4
Active
10 Bedrooms 4 Bathrooms 4,003 sqft Built 1910 Residential
1 Listing Signal Detected
Renovation RequiredNote

Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.

About This Property

Developers and Investors!!! Rarely available TOA Tier 2 development site in the heart of Joyce-Collingwood, one of Vancouver’s fastest-growing transit-oriented communities. This lot offers a high-density development potential of up to 4.0 FSR and 12 storeys, making it an exceptional opportunity. 10 Bed + 4 Bath home on a 59.5 x 132.7 CORNER LOT, features over 4000 Sq.Ft. of living space! 3 kitchens total and newer flooring put in on top floor suite. Investment, redevelop or hold for future redevelopment!

Property Details

MLS #

R3047904

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

RS-1

Bedrooms

10

Full Baths

4

Half Baths

0

Kitchens

3

Fireplaces

0

Living Area

4,003 sqft

Main Floor

1,407 sqft

Above Main

1,019 sqft

Basement

1,577 sqft fin.

Lot Size

7,895.65 sqft

Lot Dimensions

59.5 x 132.7

Frontage

59.5

Year Built

1910

Age

116 years

Roof

Asphalt

Construction

Frame Wood, Mixed (Exterior), Stucco, Wood Siding

Structure

Residential Detached

Parking Stalls

6

Garage Spaces

2

Parking Type

Additional Parking, Garage Double

Original Price

$3,900,000

Taxes

$10,833.3/yr

Listed

2025-09-15

MLS Area

Collingwood VE

City

Vancouver

Postal Code

V5R 4K4

Features & Finishes

Heating

Baseboard · Electric

Flooring

Hardwood · Mixed · Vinyl

Appliances

Washer · Dryer · Refrigerator · Stove

Patio / Porch

Patio · Deck

Exterior Features

Private Yard

Building & Community

Transit

1/2 BLK

Schools

CLOSE

Lot Features

Central Location, Recreation Nearby

Water Source

Public

Sewer

Sanitary Sewer

Utilities

Electricity Connected, Water Connected

Community

Shopping Nearby

Disclosures

Property Disclosure

Yes

Coordinates: 49.237508, -123.028747 · Map data © Google

8.9

Hot Deal

Deal Score out of 10

Strong value relative to the market with clear seller motivation signals.

Value vs market14% below market $/sqft
Days on market231 days — significantly stale, strong negotiation position
Price historyPrice dropped 15% from original ask — seller showing motivation
Market conditionsBuyer's market — avg 97% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$3,131,279

5.1% below asking price

Negotiation Range

$3,048,829$3,180,749

$131,920 spread

$3,048,829$3,298,000 ask

Based on 82 recent sales, a starting offer around $3,131,279 (5.1% below ask) is reasonable. Your negotiation range is $3,048,829 – $3,180,749.

What's factored in

Market baseline82 recent Vancouver sales closed at median 96.8% of list price
Price already reducedSeller dropped from 15% off original ask — indicates motivation
Extended market time231 days listed — well above market avg of 175 days, increased negotiation leverage

Based on 82 residential sales in Vancouver (last 60 days) · Updated May 4

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