3716 W 16th Ave, Vancouver, BC | MLS^® R2982029 Property Details

Investor and Builder Alert! A rare chance to build multifamily housing with access from both 16th and 17th Avenue. This property features two 2-bedroom units and one 1-bedroom unit, each with its own kitchen, offering excellent flexibility and strong mortgage helper potential. Conveniently located just steps from restaurants, bus stops, supermarkets, clinics, and schools. Walking distance to Lord Byng Secondary (5 min) and Queen Elizabeth Elementary (7 min), with easy access to UBC via a 10-minute bus ride. School Catchment: Queen Elizabeth Elementary & Lord Byng Secondary.

General Info

Price $2,420,000

Total Bedrooms 5

Total Bathrooms 3

Half Bathrooms 0

Floor Area Total (sqft) 2129

Lot Size 3630

Lot Size Depth Feet

Lot Size Frontage 33

Basement Finished

Basement Features BasementFeatures

Property Metrics

Year Built 1926

Age Of Building 99

Building Type Single Family Residence

Property Type Residential

Architecture Style Basement Entry

Stories 3

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Oven, Range Top

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS^® # R2982029

Area Vancouver West

Neighbourhood Dunbar

City Vancouver

Gross Taxes $10,017.03

Ownership Type Freehold NonStrata

Maintenance Fee -

Heating & Cooling

Fireplace 2

Heating Type Forced Air, Hot Water

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Additional Parking, Lane Access, Rear Access

Total Parking Spaces 4

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Strata Restrictions -

Rental Restrictions -

Zoning RS1

Rental Suites Unauthorized Suite

# of Kitchens 3

Flooring Hardwood, Laminate

Foundation Concrete Perimeter

Locker -

View -

View Description -

Units In Development -

Sewer Public Sewer, Sanitary Sewer

Roof Other

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Flex Room	7'4 x 7'4 ft
Main Level	Living Room	13'9 x 13'9 ft
Main Level	Bedroom	12'5 x 12'5 ft
Main Level	Kitchen	13'3 x 13'3 ft
Main Level	Eating Area	7'1 x 7'1 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4
Above Level	No	#4
Below	No	#4

Listed by:

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

Queen Elizabeth Annex

1.14 km

Elementary

Queen Elizabeth Elementary School

Average

1.02 km

6.4/10

Secondary

Lord Byng Secondary School

0.39 km

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

Private Schools

Elementary

Our Lady of Perpetual Help School

0.99 km

Elementary, Secondary

West Point Grey Academy

1.39 km

Closest Transit

Bus Stop

Eastbound W 16 Ave @ Highbury St

0.05 km

Skytrain

Skytrain @ Yaletown-Roundhouse Stn

5.05 km

Noise/ Power Lines

Road/Hwy Noise

Possible

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 3716 W 16th Avenue, a stunning property nestled in the heart of Vancouver's vibrant Dunbar neighborhood, listed as MLS# R2982029. As we explore this beautiful community, I'm excited to share with you the unique features and benefits that make this area a great place to call home.

Education:

Just down the road, you'll find Queen Elizabeth Elementary School, which is only 1.02 km from our property. With a rating of 6.4/10, this school is a great option for families. If you're looking for an independent school, Our Lady of Perpetual Help School is just 0.99 km away, boasting a stellar rating of 10/10. For secondary education, West Point Grey Academy is a short 1.39 km away, also with a perfect 10/10 rating.

Safety:

The latest crime data from Statistics Canada (2020) reveals a total of 52,217 disturbances in this neighborhood. With a crime rate of 7,470.82, this area is considered Average compared to other Canadian cities. However, I'd like to emphasize that the year-over-year change in total crime rate is a commendable -14.94%. This is a testament to the community's efforts in maintaining a safe environment.

Demographics:

As we delve into the demographics of this neighborhood, you'll discover that 52.6% of residents hold a university certificate or degree, which is High in comparison to other BC neighborhoods. Conversely, only 10.2% of the population lacks a certificate or degree, making this a Low percentage compared to the average in BC. This suggests a well-educated and motivated community.

Transit:

Convenience is key when it comes to transportation. The closest bus station, Eastbound W 16 Ave @ Highbury St, is a mere 0.05 km away from our property, making it an ideal location for those who rely on public transportation.

Lifestyle Amenities:

Dunbar is renowned for its lush parks, beautiful beaches, and scenic trails. Our property is surrounded by an abundance of outdoor recreational opportunities. If you're a foodie, you'll love the variety of restaurants and coffee shops in the area. For shopping enthusiasts, nearby Kitsilano offers a range of shopping malls and grocery stores.

Real Estate Context:

The average dwelling value in this neighborhood is a staggering $2,729,934, making it High compared to other areas in British Columbia. As for owner payments, the average monthly expenses for homeowners are $2,289, while tenants pay an average of $1,693. This indicates a High owner payment and a Low tenant payment in comparison to other cities.

Community Insights:

With a population density of 3,730.1 people per square kilometer, this community is considered High in terms of population density. The average family size in the area is 3, which is Above Average. Moreover, 70.1% of families in this neighborhood have children, making it a great place for families. The average age of the population is 40.9, which is Average in comparison to other BC cities.

Unemployment and Income:

The unemployment rate in this area is a low 5.7%, which is Below Average compared to other province neighborhoods. The median household income is $92,818, making it Above Average in comparison to the BC average. Similarly, the median personal income is $37,262, also Above Average.

Language and Transportation:

As for language, 15% of the population speaks both English and French, making it Above Average. However, 79.7% of residents speak only English, which is Below Average. The percentage of neither English nor French speakers is 5.1%, which is High compared to other BC cities. When it comes to transportation, 22.5% of the population uses public transport, making it Above Average. Conversely, 62.8% rely on cars, which is Low.

In conclusion, 3716 W 16th Avenue, MLS# R2982029, is a stunning property in the heart of Vancouver's Dunbar neighborhood. With its excellent schools, Average crime rate, and High population density, this community offers a unique blend of convenience, amenities, and lifestyle options. Whether you're a family, retiree, or young professional, this property is sure to captivate your heart and provide a comfortable and secure living experience.