331 W 16TH AVE, Vancouver BC V5Y 1Z1, Vancouver, BC

$3,098,000
Est. Mortgage /mo

MLS® R2991099

$3,098,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
4 Beds
3 Baths
2 Stories
lot 6521 Square Feet
2825 sqft
1921 built
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Property details

This 50’ wide x 130.42’ deep property (6,521 square feet) with RT-5 zoning is full of potential under the proposed Broadway plan; you could possibly do a low rise rental apartment or 4 unit strata under the current zoning. With 2,825 square feet of existing interior space spread over three suites one rented and two owner occupied, suites have been recently updated (1-bedroom & 1-bathroom on the lower level; 2-bedrooms & 1-bathroom on the main level; and 1-bedroom & 1-bathroom on the upper level). This prime location is close to both Main and Cambie Streets, and offers easy access to shops, services, restaurants, grocers, rapid transit, excellent schools, parks, and recreation.

Location Details

Area Canada
State British Columbia
City Vancouver
Postal Code V5Y 1Z1

Property Metrics

Total Bedrooms 4
Full Baths 3
Stories 2
Floor Area Total (Sq.ft) 2825

Financial Details

List Price 3,098,000
Gross taxes 11,578
Gross Taxes Year 2,024
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Listed by: RE/MAX Select Properties, Paul Eviston PREC*

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Elementary
Simon Fraser Elementary School
Above Average
0.27 km
Rating 5.9/10

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
Blessed Sacrament School
Above Average
0.58 km
Rating 9.2/10
Elementary
Blessed Sacrament School
Above Average
0.58 km
Rating 9.2/10

Closest Transit

Translink
Northbound Cambie St @ W 16 Ave
0.22 km

331 W 16TH AVENUE, Vancouver BC V5Y 1Z1 is serviced by Simon Fraser Elementary School. The property with listing MLS® R2991099 is located 0.27 km from the school. Simon Fraser Elementary School has a rating of Rating 5.9/10.

The closest Elementary independent school to this home for sale located at 331 W 16TH AVENUE, Vancouver BC V5Y 1Z1 is Blessed Sacrament School with School's rating Rating 9.2/10, located 0.58 km from this home.

The closest to this address 331 W 16TH AVENUE, Vancouver BC V5Y 1Z1 Secondary independent school is Blessed Sacrament School with School's rating Rating 9.2/10, located 0.58 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 331 W 16TH AVENUE, Vancouver BC V5Y 1Z1, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS® R2991099 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 331 W 16TH AVENUE, Vancouver BC V5Y 1Z1 are Above Average. Property misconduct rating adjacent to MLS® R2991099 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Northbound Cambie St @ W 16 Ave in 0.22 km away from this listing with - MLS® R2991099.

54.7% of people with university certificate/degree live in this neighbourhood adjacent to the 331 W 16TH AVENUE, Vancouver BC V5Y 1Z1 which is High in comparison with other BC neighbourhoods. 3.5% of population in this neighbourhood that is near the Listing MLS® R2991099 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 331 W 16TH AVENUE, Vancouver BC V5Y 1Z1, Vancouver, BC is $67191 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2991099 is $43577 which is High in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 66% which is Above Average.

Unemployment rate in the area around Real Estate Listing # R2991099 is 4.6 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 331 W 16TH AVENUE, Vancouver BC V5Y 1Z1 where population change between 2011 and 2016 was 4.7%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 331 W 16TH AVENUE, Vancouver BC V5Y 1Z1, Vancouver, BC is 8254.2 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 331 W 16TH AVENUE, Vancouver BC V5Y 1Z1 is 2.4. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2991099 is 36.6% and it is Low. % of Married or living common law is around 49.7% and it is Below Average.

Average age of the population close to the 331 W 16TH AVENUE, Vancouver BC V5Y 1Z1 is 38.8 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 331 W 16TH AVENUE, Vancouver BC V5Y 1Z1, Vancouver, BC is $1031327 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 331 W 16TH AVENUE, Vancouver BC V5Y 1Z1. $1830 owners spent in average for the dwelling. Tenants are paying $1246 in this district close to MLS® R2991099 and it is Above Average comparing to other cities.

70.3% of Population in this district near the 331 W 16TH AVENUE, Vancouver BC V5Y 1Z1 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 331 W 16TH AVENUE, Vancouver BC V5Y 1Z1, Vancouver, BC is 16.7%, it is Above Average, % of English speakers only is 82.3% and Below Average. % of French speakers adjacent to 331 W 16TH AVENUE, Vancouver BC V5Y 1Z1 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 331 W 16TH AVENUE, Vancouver BC V5Y 1Z1, Vancouver, BC is 0.8% and it is Average comparing to other BC cities.

28.4% of all population in the area around this property with the address 331 W 16TH AVENUE, Vancouver BC V5Y 1Z1, Vancouver, BC using Public Transport which is High, 39.4% of using population are using Cars around MLS® R2991099, which is Low. 13.1% of people using Bicycles around the 331 W 16TH AVENUE, Vancouver BC V5Y 1Z1 and it is High. 17.7% of population are walking which is High

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
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