406 16 Lakewood Dr, Vancouver BC - Apartment/Condo for Sale - MLS# R3105118

164 days on the market
$399,999
Est. Mortgage $1,770/mo
Listing updated:
EstateBlock checked:
Copper Place
1 Beds
1 Baths
585 sqft
684 $ /sqft
391.01 $ Maint. fee
1981 built
164 days on the market
$399,999
$410,000
Est. $1,770/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 406 16 Lakewood Drive

An affordable place close to Downtown! Top floor unit in a convenient location for anything you need. Strategically located near School, Park, Shops, Public Library and Health Center. Suite newly painted, facing quiet south side with partially renovated bathroom, new lights, bright and big living room, bedroom in good size, added metal security door make you safer. Available 1 Parking and 1 Storage.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Dishwasher, Refrigerator, Stove, Range Top
Interior Features Elevator, Storage
Heating Type Baseboard, Electric
Cooling Air Conditioning
Laundry Common Area
# of Kitchens 1
Flooring Laminate, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $399,999
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 585
Year Built 1981
Age Of Building 45
Building Type Apartment/Condo
Property Type Residential
Architecture Style Penthouse
Stories 1
Building Amenities Bike Room, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal, Water
Building Name Copper Place
Ownership Type Freehold Strata
Maintenance Fee $391.01
Community Features Shopping Nearby
Amenities Nearby Bike Room, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal, Water
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground, Rear Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Yes With Restrictions
Rental Suites None

Lot & Land

MLS® # R3105118
Area Vancouver East
Neighbourhood Hastings
City Vancouver
Postal Code V5L 4L1
Gross Taxes $1,281.92
Zoning RM-3A

Property Timeline

Status Date Price
R3105118 / Active 03-26-2026 $399,999
to view full Property History (4 earlier records)
Rooms
Floor Type Dimensions
Main Level Bedroom 12' x 12' ft
Main Level Dining Room 9'7 x 9'7 ft
Main Level Kitchen 8'2 x 8'2 ft
Main Level Living Room 12' x 12' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Laboutique 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.

Map & Neighbourhood

Public Schools

Elementary
Hastings Community Elementary School
0.79 km
Secondary
Templeton Secondary School
0.65 km

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

Private Schools

Elementary, Secondary
PALS Autism School
0.6 km
Elementary, Secondary
PALS Autism School
0.6 km

Closest Transit

Bus Stop
Eastbound Dundas St @ Lakewood Dr
0.02 km
Skytrain
Skytrain @ Vcc-Clark Stn
2.53 km

Crime Rate

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

Demographics

Post-Secondary Education
Average 28.8%
No Certificate/Degree
Above Average 17%
Owner Occupied
Average 63.3%
Employment Rate
Average 54.9%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Possible
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

56 / 100
Overall sell-speed score
Moderate pace expected
A
Price competition grade
Avg comparable: $440,799
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Possible — near transit
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How HASTINGS compares
This property
164 DOM
Listed
Hastings avg
Vancouver avg

406 16 Lakewood Drive has a sell-speed score of 56/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 10.2% below comparable active properties in Hastings, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5L 4L1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5L 4L1, 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 (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~3 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 (38 nearby)

  • Pho dundas · 86 m · Restaurant
  • Mcdonald's · 205 m · Fast Food
  • Scan-delicious · 323 m · Restaurant

Shopping (29 nearby)

  • Crank culture bicycle repair · 392 m · Bicycle Shop
  • Strathcona pharmacy · 395 m · Pharmacy
  • Mucker next door · 422 m · General

Groceries (18 nearby)

  • Moet's convenience stores · 81 m · Convenience
  • Dundas market · 112 m · Convenience
  • Templeton market · 215 m · Convenience

Cafes (16 nearby)

  • Far out coffee post · 103 m · Cafe
  • Jj bean · 291 m · Cafe
  • The pie shoppe · 350 m · Cafe

Healthcare (4 nearby)

  • Strathcona pharmacy · 395 m · Healthcare
  • Pharmachoice · 445 m · Healthcare
  • London drugs · 932 m · Healthcare

Transit (1 nearby)

  • Bus stop eastbound e hastings st @ slocan st · 995 m · Transit

Schools NearBy

21 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Tillicum Community Annex

Public

Grades Served

K-4

Catchment Info

7.4 / 10

Distance

482 m

Templeton Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.7 / 10

Distance

651 m

Hastings Community Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
6.4 / 10

Distance

791 m

St Francis of Assisi

Independent

Grades Served

K-7

Catchment Info

8.9 / 10

Distance

902 m

Our Lady Of Sorrows

Independent

Grades Served

Catchment Info

9.7 / 10

Distance

964 m

Our Lady of Sorrows School

Independent

Grades Served

K-7

Catchment Info

9.7 / 10

Distance

1.02 KM

Britannia Community Secondary School

Public

Grades Served

8-12

Catchment Info

5.0 / 10

Distance

1.17 KM

West Coast Christian School

Independent

Grades Served

K-12

Catchment Info

6.0 / 10

Distance

1.22 KM

Britannia Community Elementary School

Public

Grades Served

K-7

Catchment Info

5.9 / 10

Distance

1.33 KM

Lord Nelson Elementary

Public

Grades Served

Catchment Info

6.9 / 10

Distance

1.34 KM

Lord Nelson Elementary School

Public

Grades Served

K-7

Catchment Info

6.9 / 10

Distance

1.35 KM

Notre Dame Regional Secondary School

Independent

Grades Served

8-12

Catchment Info

7.8 / 10

Distance

1.52 KM

Admiral Seymour Elementary School

Public

Grades Served

K-7

Catchment Info

0

Distance

1.52 KM

Dr. A. R. Lord Elementary School

Public

Grades Served

K-7

Catchment Info

6.0 / 10

Distance

1.67 KM

Queen Victoria Annex

Public

Grades Served

K-5

Catchment Info

6.4 / 10

Distance

1.94 KM

Chief Maquinna Elementary School

Public

Grades Served

K-7

Catchment Info

7.5 / 10

Distance

1.99 KM

Norval-Morrisseau

Public

Grades Served

Catchment Info

0

Distance

2.36 KM

Laura Secord Elementary School

Public

Grades Served

K-7

Catchment Info

7.1 / 10

Distance

2.54 KM

Sir John Franklin Community School

Public

Grades Served

K-7

Catchment Info

6.7 / 10

Distance

2.55 KM

Vancouver Technical Secondary

Public

Grades Served

Catchment Info

7.1 / 10

Distance

2.81 KM

Columbia College

Independent

Grades Served

11-12

Catchment Info

0

Distance

2.84 KM

Pre-computed routes from 406 16 Lakewood Dr, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via VCC-Clark → Waterfront
    48 min
  • Metrotown, Burnaby via VCC-Clark → Metrotown
    48 min
  • SFU Burnaby via VCC-Clark → Production Way
    49 min
  • Richmond Centre via VCC-Clark → Brighouse
    73 min
  • YVR Airport via VCC-Clark → YVR-Airport
    74 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    4 min
  • Metrotown, Burnaby via Lougheed Hwy
    9 min
  • SFU Burnaby via Gaglardi Way
    13 min
  • Richmond Centre via No. 3 Rd
    17 min
  • YVR Airport via Bridgeport / Sea Island
    16 min

Calculate your commute

406 16 Lakewood Dr, Vancouver, BC is ideally located for commuters. The property is 2.5 km from VCC-Clark, with a 48 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Dundas St @ Lakewood Dr (0.02 km). Walk Score Transit rating: Good Transit (67/100).

Walkability & Transit Near 406 16 Lakewood Drive

Walk Score Badge
Car-Dependent 95

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 67

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
76

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 406 16 Lakewood Drive

2026 assessed value, sourced from City of Vancouver open data (PID 004-964-080).
Total Assessed Value (2026)
$427,529
+4.0% YoY
+0.3%/yr over 4 yr
2022 Value Trend 2026
Land
$377,129
Buildings
$50,400
Year Built
1981
Class
Residential
Zoning
RM-3A
Property Tax
$1,438
Year Land Improvements Total Assessed YOY Change
2026 $377,129 $50,400 $427,529
+4.0%
2025 $363,000 $48,100 $411,100
+1.4%
2024 $358,000 $47,300 $405,300
-0.8%
2023 $361,000 $47,700 $408,700
-3.3%
2022 $351,000 $71,600 $422,600

Mortgage Calculator for 406 16 Lakewood Drive

/month
Principal & Interest
Property Taxes $107
Maintenance fee 391.01
Based on a 30-year fixed at 4% interest with 20% down ($80,000), the estimated monthly payment for this listing is $2,026/month — $1,528 principal & interest, $107 property tax, $391 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.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $1,519/month, this property runs a $553/month shortfall after mortgage and carrying costs. Break-even requires approximately 49% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 406 16 Lakewood Drive, 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 — Hastings, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $399,999
Vancouver Loading...
Hastings Loading...

Based on 9 comparable active apartments/condos in Hastings, the average asking price is $445,500. This listing is priced 10.2% below 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 Real Estate Board of Greater Vancouver 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 406 16 Lakewood Drive

Walk Score Badge
Car-Dependent 95

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 67

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
76

Bike Score - Very Bikeable

Biking is convenient for most trips

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