$2,299,000

3716 W 16TH AVENUE

Vancouver · MLS® R3119884

5 bed · 3 bath · 2,129 sq ft · 3,630 sq ft lot · 2 parking

House · Single Family · built 1926 · 157 days on market

Listed by Will Rao, Nu Stream Realty Inc.

Realtor's description

Attention Investors and Visionaries! This rare land assembly or holding property offers unique dual-frontage access from both 16th and 17th Avenue-a developer's dream for multifamily housing. Currently, the residence is configured into three functional suites (two 2-bedroom and one 1-bedroom), each featuring a private kitchen to maximize rental yield or provide a substantial mortgage helper. Situated in the heart of a vibrant community, you are steps away from gourmet dining, transit, and essential services. Most notably, this home sits within the prestigious catchment of Lord Byng Secondary and Queen Elizabeth Elementary, both just a short stroll away. With UBC only a 10-minute transit ride from your door, the location is unbeatable for long-term appreciation.

Property details

Type: House, Single Family
Bedrooms: 5
Bathrooms: 3
Living area: 2,129 sq ft
Lot: 3,630 sq ft
Parking: 2
Year built: 1926
Property tax: $11,153 / yr
Days on market: 157
MLS®: R3119884

Features

Central location
All

Price check

Typical for the area (+6.7%)

2026 assessment: $2,195,000 · asking is +4.7%
Price per sq ft: $1,080 vs $1,012 median for houses in Vancouver for sale (1715)

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 157 days · no price changes so far

The market here

Listed now: 56 days; median for 1825 houses for sale; this one 157 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$2,195,000	$7,381

The listing shows $11,153 a year in property tax.

Estimate: the BC Assessment value times 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

$10,946/mo

Mortgage $10,017 · Tax $929

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

estimated payment

$10,017/ monthly

loan $1,839,200

25-year amortization

down payment20% · $459,80020%+ 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: $1,165,757
property transfer tax: $46,970; BC general rate
cash to close: $506,770; down + PTT
total paid: $3,004,957

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: 337 m² (3,627 sq ft) · PID 011-633-808. 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 Queen Elizabeth Elementaryhomes in this catchment
1.0 km away · 4102 16th Ave W, Vancouver · 604-713-5408
Secondary Byng Secondaryhomes in this catchment
400 m away · 3939 16th Ave W, Vancouver · 604-713-8171

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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