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For Sale · Vancouver

$598,000

208 5288 MELBOURNE STREET, Vancouver

Tour this home

Bedrooms

Bathrooms

831

Size

1998

Year built

About This Home

The details.

Welcome to Emerald Park Place! This 2-bedroom, 1-bathroom home offers 831 sq. ft. of functional living space and is an excellent opportunity for buyers looking to renovate and add value. Features include a spacious living and dining area, in-suite laundry, a walk-in closet in the primary bedroom, and a covered balcony. Located in the heart of Collingwood, just steps to Joyce-Collingwood SkyTrain, parks, shopping,...

Summarizing the highlights...

MLS® R3141439Listing courtesy of Macdonald RealtySee all units in this building View on map Street view

Property Details

Facts & features.

Property type: Single Family
Ownership: Strata
Year built: 1998
Size: 831 sqft
Parking: 1 space
Strata fee: $451 / monthly
MLS number: R3141439
Data source: Greater Vancouver REALTORS®

Market intelligence

Statistics and history.

Days on market

Typical in Vancouver: 12 days

Vancouver median asking

$699K

2,510 active listings

School score

9.8/10

Nearest schools, BC ranking 0-10

Est. rent / month

$2,551

From live asking rents in this market

Est. rental yield

5.12%

Gross, asking price vs asking rents

Price per sqft

$720

Based on 831 sqft interior

How fast is this listing moving?

FastSlow

Market demandBalanced

QuietHot

296 new this week of 2,510 active listings in Vancouver, blended with typical days on market.

Where this price sits in Vancouver

$295KThis listing$999K

Computed live from active MLS listings we track. Sold-price history and multi-year assessment history switch on when sold-data access arrives.

Coming Soon

Listing & sold history.

These sections unlock with our sold-data feed. They are reserved here so you know exactly what is on the way.

Sold history for this homeComing soon

Listing history (every time it hit the market)Coming soon

Days-on-market trend for this areaComing soon

Nearby sold comparisonsComing soon

July Value

What this home is worth.

Calculating a July Value estimate...

Location

Where it sits.

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Run The Numbers

Mortgage and cash flow

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization25 yr

Monthly mortgage payment

$2,797

$478,400 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)

$2,797

Cash flow

-$2,797

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

Vancouver right now

2,510

Active listings

296

New this week

$699,000

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

The immediate block around this home (right here): about 1,034 residents in 553 homes, 64,224 people/km² (dense urban).

Source: Statistics Canada 2021 Census, Vancouver, City (CY); block-level figures from dissemination area 59154137.

Schools

Nearby schools

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

no score data
Collingwood Neighbourhood School
310 m
public · elementary
9.8of 10
St Mary's
350 m
independent · elementary
Rank 30 of 1,272 in BC (2025/2026) · FSA literacy + numeracy
Performance history
- 2025/2026 · elementary · Score 9.8 · Rank 30/1,272
- 2024/2025 · elementary · Score 9.7 · Rank 42/1,269
- 2023/2024 · elementary · Score 9.7 · Rank 43/1,267
5.2of 10
Graham Bruce Community Elementary
640 m
public · elementary

Public records

What the city has on file.

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

1998
Year built (city records): $315,000
Assessed land value: $234,000
Assessed improvements: $549,000
Total assessed value: CD-1 (314)
Zoning district: $1,847
Property taxes (2026): Strata
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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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.