1081 W 16th Ave, Vancouver, BC, MLS® R2852183

$3,408,888
Est. Mortgage /mo

$3,408,888
Est. Mortgage /mo
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
6 Beds
3 Baths
2 Stories
lot 6705 sqft
3257 sqft
1926 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

1081 W 16th Ave, Vancouver, BC | MLS® R2852183 Property Details

Great Opportunity to purchase with immense redevelopment potential. Transit oriented hub, rental program, multiplex opportunities. Buy, Hold, Redevelop. Emily Carr Elementary & Eric Hamber Secondary School Catchment. Can assemble with neighbouring property. Call Today!

General Info

Price $3,408,888
Total Bedrooms 6
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 3257
Lot Size 6705.6
Lot Size Depth Feet
Lot Size Frontage 66
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1926
Age Of Building 99
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2852183
Area Vancouver West
Neighbourhood Fairview VW
City Vancouver
Gross Taxes $12,570.8
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Forced Air

Utilities

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

Parking

Parking Type Carport Multiple, Rear Access
Total Parking Spaces 2

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Strata Restrictions -
Rental Restrictions -
Zoning RT-2
Rental Suites -
# of Kitchens 2
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Century 21 In Town Realty

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
Emily Carr Elementary School
0.81 km

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

Private Schools

Elementary
Blessed Sacrament School
0.68 km
Elementary, Secondary
York House School
1.28 km

Closest Transit

Translink
Eastbound W 16 Ave @ Oak St
0.1 km
Skytrain
Skytrain @ Broadway-City Hall Stn
1.19 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to 1081 W 16th Avenue, a stunning home for sale in the heart of Vancouver, BC. Located in the vibrant neighborhood of Fairview VW, this property boasts an unbeatable blend of comfort, convenience, and community spirit.

Education

When it comes to education, 1081 W 16th Avenue is surrounded by top-notch schools that cater to students of all ages. The property is just 0.81 km away from Emily Carr Elementary School, which has a rating of No Rating. However, if you're looking for an alternative, Blessed Sacrament School, an independent elementary school with a rating of 9.2/10, is just 0.68 km away. For secondary education, York House School, an independent secondary school with a rating of 10/10, is 1.28 km from the property.

Safety and Crime Statistics

According to the latest crime data from Statistics Canada (2020), the neighborhood surrounding 1081 W 16th Avenue, Vancouver, BC has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. The rate translates to 7,470.82 incidents per 100,000 population. While there were 52,217 disturbances in the neighborhood, the year-by-year change in the total crime rate is -14.94%. This indicates a decline in crime rates over the years.

In terms of specific types of crime, the drug crime rate is Average, with a rating of 229.49. There were 1,604 illegal substances lawbreaking disturbances in the city in 2020. The year-by-year change in the illegal substances offenses ranking is 1.58%. Property crimes in the neighborhood are Above Average, with a rating of 5,020.27. There were 35,089 property misconduct incidents in the neighborhood in 2020. The year-by-year change in the property misconduct rate is -20.80%. Violent lawbreaking disorders in the neighborhood are Below Average, with a rate of 1,311.69. There were 9,168 violent lawbreaking disorders in 2020.

Demographics

The neighborhood surrounding 1081 W 16th Avenue has a diverse population. According to the data, 51.6% of people in the neighborhood have a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 3.7% of the population in the neighborhood have no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income near the property is $59,975, which is Below Average compared to the British Columbia average. However, the median personal income near the property is $43,493, which is High compared to the BC average. The percentage of households with a mortgage in the neighborhood is 46%, which is Low.

Unemployment Rate and Population Growth

The unemployment rate in the area surrounding 1081 W 16th Avenue is 4.1%, which is Low compared to other province neighborhoods.

The population change between 2011 and 2016 in the neighborhood was 5.5%, which is Above Average compared to the average growth rate of the region.

Lifestyle and Transportation

The neighborhood surrounding 1081 W 16th Avenue is a haven for outdoor enthusiasts, with numerous parks, beaches, and trails nearby. The property is also close to the Eastbound W 16 Ave @ Oak St bus station, making it an ideal location for those who rely on public transportation.

Real Estate Context

The average value of dwellings in the neighborhood surrounding 1081 W 16th Avenue is $747,629, which is High compared to other areas in British Columbia. The average owner payments for the dwelling are Average, with owners spending $1,252 per month. Tenants, on the other hand, are paying $1,237 per month, which is Above Average compared to other cities.

In terms of ownership, 75.2% of the population in the neighborhood surrounding 1081 W 16th Avenue are renters, which is High compared to other BC cities and areas. The percentage of English and French speakers in the neighborhood is 15.4%, which is Above Average. However, the percentage of English speakers only is 83.5%, which is Below Average.

Conclusion

In conclusion, 1081 W 16th Avenue is a stunning property that offers a unique blend of comfort, convenience, and community spirit. With its proximity to top-notch schools, diverse population, and numerous lifestyle amenities, this property is an ideal choice for families, professionals, and outdoor enthusiasts alike. Whether you're a first-time buyer or a seasoned investor, 1081 W 16th Avenue is a fantastic opportunity to own a piece of Vancouver's vibrant real estate market.

**

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 $3,408,888
Vancouver $3,101,500
Fairview VW 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
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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