Vancouver Dossier

5040 Payne St, Vancouver, BC

A freehold property, built 1963 on a 436 m² RM-9B lot with a rear lane. Older than 58% of the buildings on Payne St.

Assessed 2026

$1,738,900

Zoning

RM-9B

Lot

≈ 436 m²

Built

1963

7 notes3 clear

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What the records show for 5040 Payne St

Note

Zoned RM-9B

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What the record says: Lot about 436 m², measured from the City lot outline. Zoning district RM-9B (RM).
What it means: The zoning district sets what can be built and how the property can be used.
What to do: Read the district schedule or ask the City if you plan changes.

The full report explains every finding like this one.

Note

No building permits on record since 2017

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Note

Assessed at $1,738,900, +32% since 2021

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Note

Value is almost all land

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Note

Built before 1990: asbestos survey before renovating

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Note

SkyTrain guideway about 110 m away

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Note

Short-term rentals: only in your principal residence

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Clear

Not on the Heritage Register

Clear

Outside the City floodplain

Clear

Separated storm and sanitary sewers

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What the record says, with its date and number
What it means for a buyer
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Street view

About 5040 Payne St

Assessed at $1,738,900 for 2026 (−6% on 2025). Assessed higher than 32% of the houses on Payne St. The land is 98% of the value. The lot is larger than 74% of the lots in Renfrew-Collingwood. School catchment: Bruce Elementary and Windermere Secondary. Joyce-Collingwood Station is 150 m away.

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Each finding explained, full permit and value history, questions for the seller and a PDF for your agent.

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Assessment history of 5040 Payne St

2026$1,738,900

Up 32% since 2021

Permits on this lot · none since 2017

The City has issued no building permits for this lot since 2017.

The lot and zoning

Area≈ 436 m²

Frontage and depth

What the zoning allows

Schools and parks near 5040 Payne St

Elementary catchmentBruce Elementary

Secondary catchmentWindermere Secondary

St Mary's314 m

Collingwood StrongStart Centre316 m

Prov. Early Intervention Resource Prg316 m

Melbourne Park272 m

Gaston Park298 m

How catchments work

Transit near 5040 Payne St

Nearest SkyTrain: Joyce-Collingwood (Expo Line)150 m

Joyce Station bus loop · 26, 27, 28, 41, R4110 m

Southbound Joyce St @ Wellington Ave · 27138 m

Westbound Wellington Ave @ Joyce St · 27192 m

Bus routes within 400 m: 26, 27, 28, 41, R4

Street, trees and terrain

City street trees in frontNone recorded

Ground elevation≈ 105 m above sea level

Slope across the lotFlat, about 1 m

Nearest arterial roadJoyce St, 105 m

SkyTrain guideway110 m

Truck route105 m

Crime near 5040 Payne St

Incidents within 400 m in the last 12 months, by type: in the full report.

Rezoning and development nearby

Within 300 m in the last two years: 1 new-building permit and 7 demolition permits.

New buildings nearby:

3380 Vanness Ave Mar 2026

Rezoning applications within 800 m: in the full report.

In Renfrew-Collingwood, the City issued 179 new-building permits and 105 demolition permits in the last two years. About the neighbourhood

Questions about 5040 Payne St

What is 5040 Payne St assessed at?

$1,738,900 for 2026, from BC Assessment through the City’s property tax report.

When was 5040 Payne St built?

In 1963, according to BC Assessment.

What is the zoning of 5040 Payne St?

It is zoned RM-9B under the Vancouver Zoning and Development By-law. More

What can be built at 5040 Payne St?

It is in a apartment (multiple dwelling) district (RM-9B). The district schedule sets the number of homes, height and floor area. More

Is 5040 Payne St in a floodplain?

No. It is outside the floodplains designated by the City of Vancouver. More

Is 5040 Payne St on the Heritage Register?

No. It is not listed on the Vancouver Heritage Register. More

Can 5040 Payne St be rented short term (Airbnb)?

Only as the owner’s or tenant’s principal residence, with a City business licence and a provincial registration number; a second home or investment unit cannot be rented for less than 90 days. More

What building permits has 5040 Payne St had?

None since 2017, when the City’s open permit records begin. More

Which schools serve 5040 Payne St?

Elementary: Bruce Elementary. Secondary: Windermere Secondary. Placement depends on space: confirm with the school.

How far is the nearest SkyTrain station from 5040 Payne St?

Joyce-Collingwood Station is 150 m away in a straight line.

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Other addresses on Payne St

Full reportEvery record explained · PDF

Checked against City of Vancouver open data on October 25, 2026. How we check · Data sources · Glossary