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$3,498,000

18-24 W 16TH AVENUE

Vancouver · MLS® R3167716

10 bed · 4 bath · 3,780 sq ft · 6,874 sq ft lot · 8 parking

House · Multi-family · built 1979 · 17 days on market

Listed by Adil Dinani, Royal LePage West Real Estate Services

Realtor's description

Parkside Living. ATTN: Investors & Homeowners - Outstanding Opportunity in the heart of Mount Pleasant! A beautifully renovated FOURPLEX on an oversized 6,874 SF (50x137.47) lot directly across from Mount Pleasant Park. Featuring 3,780 SF with four spacious homes generating $11,309/month in rental income. Beautifully updated with new flooring, ceramic bathroom finishes, kitchen cabinetry + appliances. Plenty of parking for all residents. Enjoy amazing mountain views in an excellent location walking distance to Cambie Village, Main Street, Broadway Skytrain and boutique shopping. School catchments: Simon Fraser Elementary + Eric Hamber Secondary. Perfect for multi generational living, savvy investors, or those looking to hold for future development. Don´t miss out!

Property details

Type: House, Multi-family
Bedrooms: 10
Bathrooms: 4
Living area: 3,780 sq ft
Lot: 6,874 sq ft
Parking: 8
Year built: 1979
Property tax: $16,263 / yr
Days on market: 17
MLS®: R3167716

Features

Central location
All

Price check

Below typical for the area (-8.3%)

Price per sq ft: $925 vs $1,009 median for houses in Vancouver for sale (1703)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 17 days

The market here

Listed now: 56 days; median for 1814 houses for sale; this one 17 days

Houses in Vancouver. Sale prices register 1 to 3 months after a sale closes.

Monthly cost

$16,596/mo

Mortgage $15,240 · Tax $1,355

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$15,240/ monthly

loan $2,798,400

25-year amortization

down payment20% · $699,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,773,735
property transfer tax: $92,900; BC general rate
cash to close: $792,500; down + PTT
total paid: $4,572,135

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

Lot outline: 643 m² (6,921 sq ft) · PID 014-211-530. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

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Location

VancouverGoogle Maps ↗

Schools

Catchment schools, Vancouver School Board

Elementary Fraser Elementaryhomes in this catchment
200 m away · 100 15th Ave W, Vancouver · 604-713-4946
Secondary Eric Hamber Secondaryhomes in this catchment
2.3 km away · 960 W. 33rd Avenue, Vancouver · 604-713-8927

From the Vancouver School Board's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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