358 W 16th Street

North Vancouver · MLS® R3174874

223

2,678 sq ft · 7,000 sq ft lot · House · Single Family · built 1915 · 13 days on market

listed by Val Brennan, Oakwyn Realty Ltd.

realtor's description

Attention builders, developers and character-home enthusiasts! Introducing the Down Residence, a heritage "A" registered home showcasing Edwardian Arts and Crafts architecture with ocean and mountain views from the upper floor. Ideally located on a quiet street, steps from parks, schools and the vibrant Central Lonsdale corridor. Situated within the newly adopted Ground Oriented (GO) Zone, with an OCP designation of Low-Rise Neighbourhood 1, allowing up to four units per lot, subject to City approval. A unique opportunity to preserve North Vancouver's architectural history while exploring future development potential. Buyers to verify zoning, heritage requirements and redevelopment opportunities with the City of North Vancouver. Call today for your private appointment!

property details

type: House, Single Family
bedrooms: 2
bathrooms: 2
living area: 2,678 sq ft
lot: 7,000 sq ft
parking: 3
year built: 1915
property tax: $6,267 / yr
days on market: 13
MLS®: R3174874

features

Central location

the market here

listed now: 41 days; median for 321 houses for sale; this one 13 days

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

property tax by year

year	assessed	est. tax
2026	$1,711,000	$5,615

The listing shows $6,267 a year in property tax.

Estimate: the BC Assessment value times North Vancouver's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

monthly cost

$8,055/mo

Mortgage $7,533 · Tax $522

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

estimated payment

$7,533/ monthly

loan $1,383,200

25-year amortization

down payment20% · $345,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 27, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $876,726
property transfer tax: $32,580; BC general rate
cash to close: $378,380; down + PTT
total paid: $2,259,926

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.