582 W 16th Ave, Vancouver, BC, MLS® R2926433

$2,249,000
Est. Mortgage /mo

Closed

$2,200,000
Closed at 07 Jan 2025
Listing price: $2,249,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
3 Beds
3 Baths
2 Stories
lot 4026 sqft
1697 sqft
1910 built
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Map
Street view
Schools
Crime
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582 W 16th Ave, Vancouver, BC | MLS® R2926433 Property Details

This rare 33x122' RM-4 zoned property located in prime Cambie village allows for the construction of up to four three-bedroom townhomes, utilizing a 1.45 FSR (with CoV approval) and potential for approximately 5,833 square feet of buildable. The property currently enjoys the stability of long-term tenants, making it an attractive investment or development opportunity. Cambie Village is ideally located close to downtown, YVR, and reliable transit options ensures convenience. The vibrant community boasts a wide array of shopping and dining establishments, and a strong sense of community. Families will appreciate the proximity of excellent local schools and parks, creating an ideal environment for both living and investing.

General Info

Price $2,249,000
Total Bedrooms 3
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 1697
Lot Size 4026
Lot Size Depth Feet
Lot Size Frontage 33
Basement Full, Finished, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1910
Age Of Building 115
Building Type Single Family Residence
Property Type Residential
Architecture Style Basement Entry
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2926433
Area Vancouver West
Neighbourhood Cambie
City Vancouver
Gross Taxes $7,998.26
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included 1

Heating & Cooling

Fireplace -
Heating Type Other

Utilities

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

Parking

Parking Type Other
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RM-4
Rental Suites Legal Suite
# of Kitchens 3
Flooring Other
Foundation Other
Locker -
View -
View Description -
Units In Development -
Exterior Features Private Yard
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX Select Properties & RE/MAX Select Properties

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
Edith Cavell Elementary School
Above Average
0.43 km
Rating 7.1/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Blessed Sacrament School
0.25 km
Rating 9.2/10
Secondary
St. John's International
0.82 km
No Rating

Closest Transit

Translink
Westbound W 16 Ave @ Cambie St
0.13 km

582 W 16th Avenue is serviced by Edith Cavell Elementary School. The property with listing MLS® R2926433 is located 0.43 km from the school. Edith Cavell Elementary School has a rating of Rating 7.1/10.

The closest Elementary independent school to this home for sale located at 582 W 16th Avenue is Blessed Sacrament School with School's rating Rating 9.2/10, located 0.25 km from this home.

The closest to this address 582 W 16th Avenue Secondary independent school is St. John's International with School's rating No Rating, located 0.82 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 - 582 W 16th Avenue, 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® R2926433 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 582 W 16th Avenue are Above Average. Property misconduct rating adjacent to MLS® R2926433 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 Westbound W 16 Ave @ Cambie St in 0.13 km away from this listing with - MLS® R2926433.

51.4% of people with university certificate/degree live in this neighbourhood adjacent to the 582 W 16th Avenue which is High in comparison with other BC neighbourhoods. 8.3% of population in this neighbourhood that is near the Listing MLS® R2926433 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 582 W 16th Avenue, Vancouver, BC is $83861 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2926433 is $43215 which is High in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 52.8% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2926433 is 6.7 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 582 W 16th Avenue Cambie where population change between 2011 and 2016 was 4.4%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 582 W 16th Avenue, Vancouver, BC is 4526.9 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 582 W 16th Avenue is 2.8. This is Below Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2926433 is 59.5% and it is Average. % of Married or living common law is around 54.1% and it is Below Average.

Average age of the population close to the 582 W 16th Avenue is 40.9 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 582 W 16th Avenue, Vancouver, BC is $1793194 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 582 W 16th Avenue. $1835 owners spent in average for the dwelling. Tenants are paying $1483 in this district close to MLS® R2926433 and it is High comparing to other cities.

42.9% of Population in this district near the 582 W 16th Avenue are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 582 W 16th Avenue, Vancouver, BC is 14.7%, it is Above Average, % of English speakers only is 82.4% and Below Average. % of French speakers adjacent to 582 W 16th Avenue only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 582 W 16th Avenue, Vancouver, BC is 2.9% and it is Above Average comparing to other BC cities.

29.5% of all population in the area around this property with the address 582 W 16th Avenue, Vancouver, BC using Public Transport which is High, 45.6% of using population are using Cars around MLS® R2926433, which is Low. 9.1% of people using Bicycles around the 582 W 16th Avenue and it is High. 14.7% 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
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $2,249,000
Vancouver $4,620,000
Cambie No comparables
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
Call or Text Now!
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