538 E 16TH AVE, Vancouver BC V5T 2V2, Vancouver, BC

$1,399,000
Est. Mortgage /mo

MLS® R2933875

Closed

$1,370,000
Closed at 13 Jan 2025
Listing price: $1,399,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
4 Beds
2 Baths
2 Stories
$ 0 Maint. Fee
1155 sqft
2005 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

RARE OPPORTUNITY to own this Spacious 4 bed, 2 bath duplex with self contained and internally connected suite on the main floor. Beautifully maintained with tons of great upgrades including, all new appliances new combi boiler, new blinds, light fixtures, cabinet and door hardware and fresh painting throughout. Live on the top floor and rent below with potential for $45,000-$50,000 in annual rental revenue the suite below complies with COV bylaws for legal airbnb. Finished detached garage flexes as a great office space. Amazing location with public transit, groceries, retail, bike trails, parks and so much more at your doorstep. Don't miss this one, they do not come up often. Call today!

General Info

Price $1,399,000
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1155
Lot Size 4026
Lot Size Depth -
Lot Size Frontage 33
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2005
Age Of Building 20
Building Type Half Duplex
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Cooktop
Building Features BuildingFeatures
Structures Duplex, Residential Attached

Additional Details

MLS # R2933875
Area Vancouver East
Neighbourhood Fraser VE
City Vancouver
Gross Taxes $5,694.87
Ownership Type Freehold Strata
Maintenance Fee 0
Community Features Shopping Nearby

Heating & Cooling

Fireplace 1
Heating Type Hot Water, Natural Gas, Radiant

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Single, Rear Access
Total Parking Spaces 1

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Strata Restrictions Pets Allowed,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Yes
Rental Restrictions -
Zoning RT-2
Rental Suites Legal Suite,Licensed Suite
# of Kitchens 2
Flooring Laminate, Tile
Foundation Concrete Perimeter
Interior Features Guest Suite, Storage
View -
View Description -
Units In Development 2
Exterior Features Garden
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Concrete

Property History

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Status Date Price
Sold 01-13-2025 $1,399,000
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Listed by: Keller Williams Realty VanCentral

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
Florence Nightingale Elementary School
0.45 km
No Rating

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
St.Patrick's Elementary School
0.8 km
Rating 6.5/10
Secondary
St.Patrick Regional Secondary School
0.89 km
No Rating

Closest Transit

Translink
Eastbound Kingsway @ Carolina St
0.14 km

538 E 16TH AVENUE, Vancouver BC V5T 2V2 is serviced by Florence Nightingale Elementary School. The property with listing MLS® R2933875 is located 0.45 km from the school. Florence Nightingale Elementary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 538 E 16TH AVENUE, Vancouver BC V5T 2V2 is St.Patrick's Elementary School with School's rating Rating 6.5/10, located 0.8 km from this home.

The closest to this address 538 E 16TH AVENUE, Vancouver BC V5T 2V2 Secondary independent school is St.Patrick Regional Secondary School with School's rating No Rating, located 0.89 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 - 538 E 16TH AVENUE, Vancouver BC V5T 2V2, 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® R2933875 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 538 E 16TH AVENUE, Vancouver BC V5T 2V2 are Above Average. Property misconduct rating adjacent to MLS® R2933875 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 Eastbound Kingsway @ Carolina St in 0.14 km away from this listing with - MLS® R2933875.

36.3% of people with university certificate/degree live in this neighbourhood adjacent to the 538 E 16TH AVENUE, Vancouver BC V5T 2V2 which is High in comparison with other BC neighbourhoods. 15% of population in this neighbourhood that is near the Listing MLS® R2933875 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 538 E 16TH AVENUE, Vancouver BC V5T 2V2, Vancouver, BC is $82816 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2933875 is $35072 which is Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 56.9% which is Average.

Unemployment rate in the area around Real Estate Listing # R2933875 is 7 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 538 E 16TH AVENUE, Vancouver BC V5T 2V2 Fraser VE where population change between 2011 and 2016 was -0.8%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 538 E 16TH AVENUE, Vancouver BC V5T 2V2, Vancouver, BC is 6664.3 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 538 E 16TH AVENUE, Vancouver BC V5T 2V2 is 2.9. This is Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2933875 is 61.7% and it is Above Average. % of Married or living common law is around 55% and it is Below Average.

Average age of the population close to the 538 E 16TH AVENUE, Vancouver BC V5T 2V2 is 38.4 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 538 E 16TH AVENUE, Vancouver BC V5T 2V2, Vancouver, BC is $1256278 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 538 E 16TH AVENUE, Vancouver BC V5T 2V2. $1597 owners spent in average for the dwelling. Tenants are paying $1288 in this district close to MLS® R2933875 and it is Above Average comparing to other cities.

41.1% of Population in this district near the 538 E 16TH AVENUE, Vancouver BC V5T 2V2 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 538 E 16TH AVENUE, Vancouver BC V5T 2V2, Vancouver, BC is 11.6%, it is Above Average, % of English speakers only is 81.3% and Below Average. % of Neither English nor French speakers close to home for sale 538 E 16TH AVENUE, Vancouver BC V5T 2V2, Vancouver, BC is 6.9% and it is High comparing to other BC cities.

26.5% of all population in the area around this property with the address 538 E 16TH AVENUE, Vancouver BC V5T 2V2, Vancouver, BC using Public Transport which is High, 52.6% of using population are using Cars around MLS® R2933875, which is Low. 9.4% of people using Bicycles around the 538 E 16TH AVENUE, Vancouver BC V5T 2V2 and it is High. 10% of population are walking which is Above Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,399,000
Vancouver $1,388,333
Fraser VE $1,365,000
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

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
Call or Text Now!
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