5 531 E 16th Ave, Vancouver, BC, MLS® R3080727

$1,050,000
Est. Mortgage /mo

$1,050,000
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
2 Beds
2 Baths
2 Stories
$ 394.26 Maint. Fee
901 sqft
2017 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

5 531 E 16th Ave, Vancouver, BC | MLS® R3080727 Property Details

Welcome to The Hanna at 531 E 16th Ave in vibrant Mount Pleasant. This modern 2 bed, 2 bath townhouse features a bright living/dining area with oversized windows and a sleek kitchen with quartz counters, stainless appliances, gas range, pantry, and under-mount sink. The main floor offers a second bedroom and full bath with walk-in shower. Downstairs, the private master retreat includes an ensuite, laundry/storage, and French doors to a walk-out patio. One secured parking, shared bike locker, in-suite laundry, and pet/rental-friendly strata. Steps to Main & Fraser cafés, shops, and parks, near Florence Nightingale & Mount Pleasant Elementary, and Sir Charles Tupper Secondary, with quick access to transit. Come see this unique opportunity now!

General Info

Price $1,050,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 901
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2017
Age Of Building 9
Building Type Townhouse
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Bike Room, Trash, Maintenance Grounds, Management, Snow Removal
Building Features BuildingFeatures
Structures Residential Attached

Additional Details

MLS® # R3080727
Area Vancouver East
Neighbourhood Mount Pleasant VE
City Vancouver
Gross Taxes $2,937.41
Ownership Type Freehold Strata
Maintenance Fee $394.26
Community Features Shopping Nearby
Amenities Nearby Bike Room, Trash, Maintenance Grounds, Management, Snow Removal

Heating & Cooling

Fireplace 0
Heating Type Electric

Utilities

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

Parking

Parking Type Garage Under Building, Garage Door Opener
Total Parking Spaces 1

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Strata Restrictions Pets Allowed,Rentals Allowed
Pet Restrictions Yes
Rental Restrictions -
Zoning RES
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Mixed
Foundation Concrete Perimeter
View Description -
Units In Development 21
Exterior Features Balcony
Sewer Public Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Sutton Group - Vancouver First 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
Florence Nightingale Elementary School
0.41 km

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
0.8 km
6.5/10
Above Average
Secondary
St.Patrick Regional Secondary School
0.88 km

Closest Transit

Bus Stop
Eastbound Kingsway @ Carolina St
0.1 km
Skytrain
Skytrain @ Vcc-Clark Stn
1.34 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

Imagine strolling through the charming neighborhood of Mount Pleasant VE in Vancouver, BC. As we step into this vibrant community, you'll find yourself surrounded by eclectic shops, trendy cafes, and lush parks – the perfect blend of urban excitement and natural beauty. Let's dive into the details of this incredible neighborhood and explore what makes it so special.

Education

Just down the road from the 5 531 E 16th Avenue property, you'll find Florence Nightingale Elementary School, a short 0.41 km stroll away. This school offers a nurturing environment for young minds, with a rating that reflects its dedication to quality education. If you're looking for alternative options, St. Patrick's Elementary School is just a 0.8 km walk away, boasting a 6.5/10 rating. For secondary education, St. Patrick Regional Secondary School is a 0.88 km drive, providing a comprehensive education for students in the area.

Safety

As we explore the neighborhood, let's discuss the importance of safety. According to the latest crime statistics from Statistics Canada (2020), the area surrounding 5 531 E 16th Avenue, Vancouver, BC experiences an average crime rate compared to other Canadian cities. With a total of 52,217 incidents, the overall crime rate is 7,470.82 per 100,000 population, indicating a safe and secure environment. This is further supported by the low rate of violent crime, which is below average compared to other BC municipalities.

Demographics

As we delve into the demographics of the neighborhood, you'll notice a mix of young professionals, families, and long-time residents. According to the latest census data, 43.8% of the population holds a university certificate or degree, which is high compared to other BC neighborhoods. On the other hand, 7.6% of the population has no certificate or degree, indicating a strong emphasis on education. The median household income is $67,776, which is average compared to the British Columbia average. However, the median personal income is $41,259, which is above average.

Lifestyle Amenities

The neighborhood offers an abundance of lifestyle amenities, making it an ideal place to live. You'll find beautiful parks, such as Alexandra Park, and scenic beaches along the waterfront. The area is also home to trendy cafes, eclectic shops, and a variety of restaurants to suit every taste. With a high population density of 9,877.7 people per square kilometer, you'll never be far from the action.

Transit

Convenience is key in this neighborhood. The Eastbound Kingsway @ Carolina St bus station is just a 0.1 km walk away, providing easy access to public transportation. With 31.8% of the population using public transport, you can easily get around the city without a car. If you prefer to drive, the neighborhood is close to major highways, making commuting a breeze.

Real Estate Context

As we explore the real estate context, you'll find that the average value of dwellings in the neighborhood is $756,025, which is high compared to other areas in British Columbia. With 65.4% of the population renting, this is a great opportunity for investors or those looking for a turn-key property. The average owner payments are high, at $1,751 per month, while tenants pay an average of $1,196 per month. This is above average compared to other cities.

Insider Insights

As a seasoned realtor with over a decade of experience in British Columbia real estate, I can tell you that this neighborhood is a hidden gem. With its mix of urban excitement and natural beauty, it's the perfect place to call home. Whether you're a young professional, a family, or a retiree, there's something for everyone in this vibrant community.

Additional Information

For those interested in learning more about the neighborhood, I've included some additional information below:

  • Population change between 2011 and 2016: 7.8%, which is above average compared to the region.
  • Average size of families: 2.5, which is low compared to the whole region.
  • Percent of families with children: 40.3%, which is low.
  • Average age of the population: 38.5, which is below average compared to other BC cities.
  • Percent of English and French speakers: 13.6%, which is above average. English speakers only: 84.4%, which is below average.
  • Percent of Neither English nor French speakers: 1.9%, which is above average.

If you're looking for a neighborhood that offers the perfect blend of urban excitement and natural beauty, look no further than 5 531 E 16th Avenue, Vancouver, BC. This property, listed as MLS® R3080727, is a must-see

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 $1,050,000
Vancouver $893,166
Mount Pleasant VE 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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