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$2,190,000

5655 LANCASTER STREET

Vancouver · MLS® R3150466

8 bed · 4 bath · 2,426 sq ft · 6,100 sq ft lot · 4 parking

House · Single Family · built 1955 · 73 days on market

Listed by Jackson K.M. Yeung, Royal Pacific Realty (Kingsway) Ltd.

Realtor's description

Rarely available Big Lot 50'X 122', East Facing solid house sit in the heart of Collingwood with new installed metal roof, main floor with big sundeck, spacious kitchen, dinning area, huge living room, 4 bedrooms, 4 pcs bathroom and 2 pcs bathroom & laundry room. Separate basement with 2 suites, each with separate entrances, two bedrooms, 4 pcs bathroom, kitchen, dinning area, (one also with living area). Central location within walking distance to schools, transportation, restaurants, 15 minutes to Burnaby, Central Park, Metrotown. Good for own usage and hold for future development. Showing by appointment. Price For Sell! Do Not Miss!

Property details

Type: House, Single Family
Bedrooms: 8
Bathrooms: 4
Living area: 2,426 sq ft
Lot: 6,100 sq ft
Parking: 4
Year built: 1955
Property tax: $9,518 / yr
Days on market: 73
MLS®: R3150466

Features

Central location
All

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-11%)

2026 assessment: $2,053,500 · asking is +6.6%
Price per sq ft: $903 vs $1,012 median for houses in Vancouver for sale (1713)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 73 days · no price changes so far

The market here

Listed now: 56 days; median for 1823 houses for sale; this one 73 days

Houses in Vancouver. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$2,053,500	$6,905

The listing shows $9,518 a year in property tax.

Estimate: the BC Assessment value times Vancouver's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$10,335/mo

Mortgage $9,542 · Tax $793

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$9,542/ monthly

loan $1,752,000

25-year amortization

down payment20% · $438,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,110,486
property transfer tax: $43,700; BC general rate
cash to close: $481,700; down + PTT
total paid: $2,862,486

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

Lot outline: 565 m² (6,082 sq ft) · PID 014-330-504. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

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Location

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Schools

Catchment schools, Vancouver School Board

Elementary Weir Elementaryhomes in this catchment
500 m away · 2900 44th Ave E, Vancouver · 604-713-4771
Secondary Killarney Secondaryhomes in this catchment
900 m away · 6454 Killarney St, Vancouver · 604-713-8950

From the Vancouver School Board's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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