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$615,000

203 988 W 16TH AVENUE

Vancouver · MLS® R3159892

1 bed · 1 bath · 679 sq ft · 1 parking

Condo · Single Family · built 1991 · 37 days on market

Listed by Aaron Tsang, eXp Realty

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. Ideal for first-time buyers, professionals, downsizers, or investors seeking a convenient Westside address with strong long-term value. Call today to arrange your private showing.

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 679 sq ft
Parking: 1
Year built: 1991
Property tax: $2,102 / yr
Strata fee: $456 / mo ($0.67 / sq ft)
Strata rules: Pets Allowed, Rentals Allowed With Restrictions
Days on market: 37
MLS®: R3159892

Buying in a building from 1982 to 2000: what to read first

Below typical for the area (-11%)

Price per sq ft: $906 vs $1,020 median for condos in Vancouver for sale (2066)

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.

Pets Allowed
Rentals Allowed With Restrictions
All

On market 37 days

Listed now: 41 days; median for 2066 condos for sale; this one 37 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Nearest public schools, by distance

Elementary L'Ecole Bilingue Elementary324 m
Elementary Emily Carr Elementary753 m
Secondary Eric Hamber Secondary1.9 km
Secondary Sir Charles Tupper Secondary2.4 km

The nearest school isn't always the catchment school. The Vancouver School Board doesn't publish catchment maps; check this address with the VSB school locator. School locations: City of Vancouver open data.

$3,311/mo

Mortgage $2,679 · Tax $175 · Strata $456

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

estimated payment

$2,679/ monthly

loan $492,000

25-year amortization

down payment20% · $123,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $311,849
property transfer tax: $10,300; BC general rate
cash to close: $133,300; down + PTT
total paid: $803,849

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.

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