203 988 W 16th Ave, Vancouver BC – Condo for Sale – MLS® R3159892

203 988 W 16th Avenue, Vancouver, British Columbia V5Z 1T2

51 days on the market
$615,000
Est. Mortgage $2,721/mo
Listing updated:
EstateBlock checked:
The Oaks
1 Beds
1 Baths
679 sqft
906 $ /sqft
455.9 $ Maint. fee
1991 built
51 days on the market
$615,000
Est. $2,721/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 203 988 W 16th Avenue

Welcome to this well-maintained home in the desirable low-rise building The Oaks at 988 West 16th Avenue in South Cambie / Cambie Village. This unit offers a functional layout in a quiet, boutique 4-storey concrete building (built circa 1990, rain-screened). Residents enjoy a proactive strata, elevator access, in-suite laundry, and secure underground parking. Exceptional location just steps to shops, restaurants, cafés, Heather Park, Douglas Park, Vancouver General Hospital, and excellent transit options including the Canada Line and multiple bus routes. Walkable to City Square, Broadway Corridor, and easy access to downtown, UBC, and the airport. The popular school catchments are Emily Carr Elementary and Eric Hamber Secondary.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 1
Heating Type Baseboard, Electric, Natural Gas
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Asphalt
Structures Multi Family, Residential Attached

Building Details

Price $615,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 679
Year Built 1991
Age Of Building 35
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Recreation Facilities, Trash, Gas, Sewer, Water
Building Name The Oaks
Ownership Type Freehold Strata
Maintenance Fee $455.9
Amenities Nearby Recreation Facilities, Trash, Gas, Sewer, Water
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Lane Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Yes

Lot & Land

MLS® # R3159892
Area Vancouver West
Neighbourhood Cambie
City Vancouver
Postal Code V5Z 1T2
Gross Taxes $2,101.78
Zoning RM-4

Property Timeline

Status Date Price
R3159892 / Active 08-31-2026 $615,000
Rooms
Floor Type Dimensions
Main Level Foyer 6'6 x 6'6 ft
Main Level Dining Room 14'7 x 14'7 ft
Main Level Kitchen 8'10 x 8'10 ft
Main Level Living Room 11'1 x 11'1 ft
Main Level Utility 6'11 x 6'11 ft
Main Level Bedroom 10'5 x 10'5 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3

Listed by: eXp 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.

About the building: The Oaks

988 W 16th Avenue, Vancouver

The Oaks building details

Building

Built
1991
Homes
28
Construction
Frame - Wood
Title
Freehold Strata
Strata plan
VR2611
Managed by
Pacific Dawn
Parking
Garage: Underground
Lockers
Limited
Strata fee covers
ManagementGasGardeningGarbage PickupCaretaker

Bylaws on record

Pets
Allowed
Cats and dogs OK, max 2
Rentals
Allowed

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map & Neighbourhood

Public Schools

Elementary
Emily Carr Elementary School
Above Average 0.75 km 7.8/10

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

Private Schools

Elementary
Blessed Sacrament School
Above Average 0.51 km 8/10
Secondary
Canada Royal Arts High School
Average 0.83 km 4.6/10

Closest Transit

Bus Stop
Westbound W 16 Ave @ Oak St
0.06 km
Skytrain
Skytrain @ Broadway-City Hall Stn
1.06 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average 51.4%
No Certificate/Degree
Below Average 8.3%
Owner Occupied
Below Average 52.8%
Employment Rate
Average 59.5%

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

Sell Speed & Competition

50 / 100
Overall sell-speed score
Moderate pace expected
C
Price competition grade
Avg comparable: $548,580
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.06 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How CAMBIE compares
This property
51 DOM
Average
Cambie avg
49 DOM
Average
Vancouver avg
49 DOM
Faster market

203 988 W 16th Avenue has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 10.8% above comparable active properties in Cambie. The local market is currently a Balanced Market with a sales-to-active ratio of 16.1% and an area average of 49 days on market — conditions are balanced. With only 1245 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5Z 1T2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5Z 1T2, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS. Nearest station: Vancouver Clark Drive, Vancouver (~3.5 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Vancouver currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Restaurants (90 nearby)

  • De dutch · 69 m · Restaurant
  • Rayhan mediterranean restaurant · 78 m · Fast Food
  • Joon's kitchen · 144 m · Restaurant

Shopping (82 nearby)

  • Connaught dry cleaners · 48 m · Laundry
  • Scrub depot · 100 m · Clothes
  • Oaksville laundromat · 137 m · Laundry

Cafes (34 nearby)

  • Comma cafe · 52 m · Cafe
  • Willow cafe & bakery · 329 m · Cafe
  • Velo star cafe · 447 m · Cafe

Groceries (18 nearby)

  • Sunshine market · 112 m · Supermarket
  • Max's deli · 123 m · Bakery
  • Broadway liquor store · 807 m · Beverages

Healthcare (13 nearby)

  • Pharmasave · 147 m · Healthcare
  • Shoppers drug mart · 479 m · Healthcare
  • Pharmasave · 716 m · Healthcare

Transit (1 nearby)

  • Bus stop westbound w king edward ave @ heather st · 936 m · Transit

Schools NearBy

52 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Blessed Sacrament School

Independent

Grades Served

K-7

Catchment Info

—
8.0 / 10

Distance

511 m

Emily Carr Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
7.8 / 10

Distance

748 m

Edith Cavell Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

805 m

Canada Royal Arts High School

Independent

Grades Served

—

Catchment Info

—
4.6 / 10

Distance

832 m

Queen Alexandra Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.7 / 10

Distance

918 m

Westside Montessori

Independent

Grades Served

K

Catchment Info

—
N/A

Distance

922 m

St. Lawrence School

Independent

Grades Served

—

Catchment Info

—
8.2 / 10

Distance

944 m

Vancouver Talmud Torah Elementary School

Independent

Grades Served

K-7

Catchment Info

—
8.4 / 10

Distance

995 m

VISST

Independent

Grades Served

—

Catchment Info

—
9.9 / 10

Distance

1.13 KM

False Creek Elementary

Public

Grades Served

—

Catchment Info

—
6.0 / 10

Distance

1.14 KM

False Creek Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.0 / 10

Distance

1.15 KM

Eaton Arrowsmith School (Vancouver) Ltd

Independent

Grades Served

—

Catchment Info

—
N/A

Distance

1.29 KM

Simon Fraser Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

1.32 KM

York House School

Independent

Grades Served

K-12

Catchment Info

—
9.3 / 10

Distance

1.38 KM

Little Flower Academy

Independent

Grades Served

8-12

Catchment Info

—
10.0 / 10

Distance

1.49 KM

Century High School

Independent

Grades Served

10-12

Catchment Info

—
5.7 / 10

Distance

1.57 KM

Shaughnessy Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.1 / 10

Distance

1.57 KM

Elsie Roy Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.8 / 10

Distance

1.73 KM

St.Patrick's Elementary School

Independent

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

1.74 KM

Lord Tennyson Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

1.78 KM

St.Patrick Regional Secondary School

Independent

Grades Served

8-12

Catchment Info

—
6.9 / 10

Distance

1.81 KM

General Wolfe Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.0 / 10

Distance

1.83 KM

St Patrick's

Independent

Grades Served

—

Catchment Info

—
8.3 / 10

Distance

1.83 KM

David Livingstone Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.0 / 10

Distance

2.16 KM

St. Augustine's

Independent

Grades Served

K-7

Catchment Info

—
8.9 / 10

Distance

2.18 KM

Claren Academy

Independent

Grades Served

—

Catchment Info

—
9.0 / 10

Distance

2.24 KM

St. John's School

Independent

Grades Served

K-12

Catchment Info

—
9.8 / 10

Distance

2.24 KM

Secondaire Jules-Verne

Public

Grades Served

—

Catchment Info

—
7.5 / 10

Distance

2.27 KM

Henry Hudson Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.2 / 10

Distance

2.32 KM

Fraser Academy

Independent

Grades Served

2-12

Catchment Info

—
6.2 / 10

Distance

2.33 KM

Rose-des-vents

Public

Grades Served

—

Catchment Info

—
7.5 / 10

Distance

2.33 KM

Florence Nightingale Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.0 / 10

Distance

2.35 KM

Vancouver College

Independent

Grades Served

K-12

Catchment Info

—
8.6 / 10

Distance

2.41 KM

Mount Pleasant Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.3 / 10

Distance

2.45 KM

The Westside School

Independent

Grades Served

K-9

Catchment Info

—
8.8 / 10

Distance

2.49 KM

St Francis Xavier

Independent

Grades Served

—

Catchment Info

—
9.6 / 10

Distance

2.50 KM

St. Francis Xavier

Independent

Grades Served

K-7

Catchment Info

—
9.6 / 10

Distance

2.53 KM

General Brock Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.5 / 10

Distance

2.54 KM

Prince of Wales Secondary School

Public

Grades Served

8-12

Catchment Info

—
8.4 / 10

Distance

2.60 KM

King David High School

Independent

Grades Served

8-12

Catchment Info

—
7.8 / 10

Distance

2.60 KM

Lowell High School

Independent

Grades Served

10-12

Catchment Info

—
N/A

Distance

2.62 KM

Pattison High School

Independent

Grades Served

9-12

Catchment Info

—
N/A

Distance

2.67 KM

Quilchena Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

2.80 KM

Columbia College

Independent

Grades Served

11-12

Catchment Info

—
N/A

Distance

2.80 KM

Kitsilano Secondary School

Public

Grades Served

8-12

Catchment Info

—
7.2 / 10

Distance

2.82 KM

Sir William Osler Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.0 / 10

Distance

2.87 KM

Trafalgar Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

2.88 KM

Kerrisdale Annex

Public

Grades Served

K-2

Catchment Info

—
N/A

Distance

2.89 KM

Point Grey Secondary School

Public

Grades Served

8-12

Catchment Info

—
8.2 / 10

Distance

2.89 KM

Vancouver Technical Secondary School

Public

Grades Served

8-12

Catchment Info

—
7.1 / 10

Distance

2.90 KM

Point Grey Secondary

Public

Grades Served

—

Catchment Info

—
8.2 / 10

Distance

2.93 KM

Columbia Academy

Independent

Grades Served

10-12

Catchment Info

—
N/A

Distance

2.99 KM

Pre-computed routes from 203 988 W 16th Ave, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Broadway-City Hall → Waterfront
    23 min
  • Metrotown, Burnaby via Broadway-City Hall → Metrotown
    41 min
  • SFU Burnaby via Broadway-City Hall → Production Way
    48 min
  • Richmond Centre via Broadway-City Hall → Brighouse
    34 min
  • YVR Airport via Broadway-City Hall → YVR-Airport
    35 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    4 min
  • Metrotown, Burnaby via Lougheed Hwy
    11 min
  • SFU Burnaby via Gaglardi Way
    18 min
  • Richmond Centre via No. 3 Rd
    12 min
  • YVR Airport via Bridgeport / Sea Island
    10 min

Calculate your commute

203 988 W 16th Ave, Vancouver, BC is ideally located for commuters. The property is 1.1 km from Broadway-City Hall, with a 23 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound W 16 Ave @ Oak St (0.06 km). Walk Score Transit rating: Good Transit (66/100).

Walkability & Transit Near 203 988 W 16th Avenue

Walk Score Badge
Car-Dependent 94

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 66

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
99

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 203 988 W 16th Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 015-813-061).
Total Assessed Value (2026)
$624,800
-0.7% YoY
+2.7%/yr over 4 yr
2022 Value Trend 2026
Land
$525,000
Buildings
$99,800
Year Built
1989
Class
Residential
Zoning
RM-4
Property Tax
$2,102
Year Land Improvements Total Assessed YOY Change
2026 $525,000 $99,800 $624,800
-0.7%
2025 $529,000 $100,000 $629,000
+0.0%
2024 $529,000 $100,000 $629,000
+5.3%
2023 $502,000 $95,400 $597,400
+6.5%
2022 $453,000 $108,000 $561,000 —

Mortgage Calculator for 203 988 W 16th Avenue

/month
Principal & Interest
Property Taxes $175
Maintenance fee 455.9
A 20% down payment of $123,000 on this $615,000 listing yields an estimated mortgage of $2,349/month (30-year fixed, 4%). Total estimated housing cost: $2,980/month, $175 property tax, $456 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $2,161/month in estimated rental income against $3,030/month in mortgage payments, the monthly cashflow is -$869/month. A 50% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 203 988 W 16th Avenue, Vancouver

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

—

Principal paid off by year 5 —
Principal paid off by year 10 —

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Cambie, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $615,000
Vancouver Loading...
Cambie Loading...

Based on 3 comparable active apartments/condos in Cambie, the average asking price is $554,833. This listing is priced 10.8% above the neighbourhood average.

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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 203 988 W 16th Avenue

Walk Score Badge
Car-Dependent 94

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 66

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
99

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

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701 8851 Lansdowne Road, Richmond, BC

1 Beds
1 Baths
785 sqft
1995 built
MLS® R3121419, Luxmore Realty