5230 Mckinnon Street, Vancouver, V5R 4C6 — photo 1

$3,088,000

5230 Mckinnon Street, Vancouver, V5R 4C6
Active
5 Bedrooms 3 Bathrooms 2,003 sqft Built 1986 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

Many options with this great property in prime, Joyce-Collingwood area of Vancouver. This well-maintained 5 bed, 3 bath home offers excellent flexibility; whether you're looking to move in and live, hold as investment property with solid rental income, or prime for future redevelopment. Currently zoned to allow multiple dwellings containing up to 4 dwelling units on this lot, with even further density allowed as part of the Joyce-Collingwood Station Precinct Plan and Transit-Oriented Development. Updates done throughout including 2 year-old roof. A rare opportunity with strong upside potential in one of the fastest growing areas of the city. Call today!

OtherFireplace

Property Details

MLS #

R3041826

Status

Active

Type

Residential

Sub-type

Single Family Residence

Style

Basement Entry

Ownership

Freehold NonStrata

Zoning

R1-1

Bedrooms

5

Full Baths

3

Half Baths

0

Kitchens

2

Fireplaces

1

Living Area

2,003 sqft

Main Floor

1,203 sqft

Basement

Yes

Lot Size

3,310 sqft

Lot Dimensions

33.3 x 99.4

Frontage

33.3

Year Built

1986

Age

39 years

Roof

Asphalt

Construction

Frame Wood, Mixed (Exterior)

Structure

Residential Detached

Parking Stalls

4

Garage Spaces

2

Parking Type

Additional Parking, Garage Double, Open, Front Access

Original Price

$3,088,000

Taxes

$7,356.87/yr

Listed

2025-09-01

MLS Area

Collingwood VE

City

Vancouver

Postal Code

V5R 4C6

Features & Finishes

Heating

Natural Gas

Flooring

Mixed

Laundry

In Unit

Fireplace

Other

Patio / Porch

Patio · Deck

Interior Features

Storage

Exterior Features

Balcony · Private Yard

Building & Community

Transit

1 block

Schools

1 block

Lot Features

Central Location, Recreation Nearby

Fencing

Fenced

Water Source

Public

Sewer

Public Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Community

Shopping Nearby

Disclosures

Property Disclosure

Yes

Coordinates: 49.236651, -123.035882 · Map data © Google

5.3

Above Market

Deal Score out of 10

Priced above comparable sales — may have room to negotiate.

Value vs market62% above market — check if justified
Days on market246 days — significantly stale, strong negotiation position
Price historyNo price reduction — seller firm on price
Market conditionsBuyer's market — avg 97% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$2,933,802

5% below asking price

Negotiation Range

$2,856,602$2,980,122

$123,520 spread

$2,856,602$3,088,000 ask

Based on 82 recent sales, a starting offer around $2,933,802 (5% below ask) is reasonable. Your negotiation range is $2,856,602 – $2,980,122.

What's factored in

Market baseline82 recent Vancouver sales closed at median 96.8% of list price
Extended market time246 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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