198 W 16th Ave, Vancouver, BC, MLS® R2862992

$1,879,900
Est. Mortgage /mo

Closed

$1,879,900
Closed at 15 May 2024
Listing price: $1,879,900
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
$ 390.55 Maint. Fee
1267 sqft
2024 built
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Map
Street view
Schools
Crime
Commute
Shop & Eat

198 W 16th Ave, Vancouver, BC | MLS® R2862992 Property Details

Mizan Developments presents a collection of five boutique 2 & 3 bedroom townhomes which integrates unique craftsman architecture and modern luxury to create an unparalleled level of comfort. Exceptional quality & attention to detail is evident throughout this project. The sought after 2 level floorplan with large living spaces and bedrooms located on 1 level are a fit for everyone's needs. Enjoy Vancouver's most vibrant neighborhood with the ability to walk to Cambie/Main Street amenities. This home has an EV capable garage parking and large secure storage locker. Enjoy the security of the 2/5/10 warranty and the quality of an established builder. School Catchment:Simon Fraser Elementary/Eric Hamber Secondary. Completion set for May/24. Open House Sat/Sun April 13th/14th 2-4pm

General Info

Price $1,879,900
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 1267
Lot Size 8031
Lot Size Depth Feet
Lot Size Frontage 54.5
Basement Crawl Space
Basement Features BasementFeatures

Property Metrics

Year Built 2024
Age Of Building 0
Building Type Townhouse
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Trash, Maintenance Grounds, Snow Removal
Building Features BuildingFeatures
Structures Residential Attached

Additional Details

MLS® # R2862992
Area Vancouver West
Neighbourhood Cambie
City Vancouver
Gross Taxes 0
Ownership Type Freehold Strata
Maintenance Fee $390.55
Amenities Nearby Bike Room, Trash, Maintenance Grounds, Snow Removal
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Natural Gas, Radiant
Cooling Central Air, Air Conditioning

Utilities

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

Parking

Parking Type Open, Lane Access, Garage Door Opener
Total Parking Spaces 1

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Strata Restrictions No Restrictions
Rental Restrictions -
Zoning RS-5
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile
Foundation Concrete Perimeter
Interior Features Storage
Locker 1
View 1
View Description North Shore Mountains
Units In Development 5
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Macdonald 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
Simon Fraser Elementary School
Average
0.12 km
5.9/10

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

Private Schools

Elementary
St.Patrick's Elementary School
0.61 km
6.5/10
Above Average
Secondary
St.Patrick Regional Secondary School
0.74 km

Closest Transit

Bus Stop
Northbound Cambie St @ W 16 Ave
0.39 km
Skytrain
Skytrain @ Broadway-City Hall Stn
0.78 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

198 W 16th Avenue is serviced by Simon Fraser Elementary School. The property with listing MLS® R2862992 is located 0.12 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 198 W 16th Avenue is St.Patrick's Elementary School with School's rating Rating 6.5/10, located 0.61 km from this home.

The closest to this address 198 W 16th Avenue Secondary independent school is St.Patrick Regional Secondary School with School's rating No Rating, located 0.74 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 - 198 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® R2862992 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 198 W 16th Avenue are Above Average. Property misconduct rating adjacent to MLS® R2862992 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 0.39 km away from this listing with - MLS® R2862992.

52.9% of people with university certificate/degree live in this neighbourhood adjacent to the 198 W 16th Avenue which is High in comparison with other BC neighbourhoods. 9.2% of population in this neighbourhood that is near the Listing MLS® R2862992 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 198 W 16th Avenue, Vancouver, BC is $86144 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2862992 is $42394 which is High in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 53.9% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2862992 is 3.5 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 198 W 16th Avenue Cambie where population change between 2011 and 2016 was 8.8%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 198 W 16th Avenue, Vancouver, BC is 6854.5 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 198 W 16th Avenue 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® R2862992 is 59.3% and it is Average. % of Married or living common law is around 55.8% and it is Below Average.

Average age of the population close to the 198 W 16th Avenue is 38.7 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 198 W 16th Avenue, Vancouver, BC is $1921715 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 198 W 16th Avenue. $2198 owners spent in average for the dwelling. Tenants are paying $1416 in this district close to MLS® R2862992 and it is High comparing to other cities.

48.9% of Population in this district near the 198 W 16th Avenue are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 198 W 16th Avenue, Vancouver, BC is 15.8%, it is Above Average, % of English speakers only is 81.4% and Below Average. % of Neither English nor French speakers close to home for sale 198 W 16th Avenue, Vancouver, BC is 2.9% and it is Above Average comparing to other BC cities.

28.6% of all population in the area around this property with the address 198 W 16th Avenue, Vancouver, BC using Public Transport which is High, 46.6% of using population are using Cars around MLS® R2862992, which is Low. 12.2% of people using Bicycles around the 198 W 16th Avenue and it is High. 10.3% of population are walking which is High

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 390.55
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 $1,879,900
Vancouver $1,422,000
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
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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