305 480 W 16th Ave, Vancouver, BC, MLS® R3070311

$1,699,900
Est. Mortgage /mo

NEW

$1,699,900
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
2 Beds
2 Baths
1 Stories
$ 724.47 Maint. Fee
941 sqft
2027 built
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Map
Street view
Schools
Crime
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305 480 W 16th Ave, Vancouver, BC | MLS® R3070311 Property Details

Welcome to W16, an exclusive collection of 53 masterfully crafted one, two, and three-bedroom homes from globally recognized architectural firm Olson Kundig. Located in the heart of Cambie Village, W16 is closely connected to Vancouver's downtown core, famous parks & green spaces and retail. This spacious 2-bedroom + den home features over 10 ft. ceilings and sophisticated kitchens with sleek Miele appliances & Stosa Cucine cabinetry. A tranquil bathroom design with luxurious in-floor heating, frameless glass shower with a built-in niche and a rainfall shower completes the ensuite's spa like experience. Visit the W16 Presentation Centre at 4033 Cambie Street, open Friday & Saturday from 11am-4pm, and Thursday-Sunday by private appointment.

General Info

Price $1,699,900
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 941
Lot Size -
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2027
Age Of Building 0
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Freezer, Microwave, Oven
Building Amenities Bike Room, Concierge, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities, Snow Removal, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3070311
Area Vancouver West
Neighbourhood Cambie
City Vancouver
Gross Taxes 0
Ownership Type Freehold Strata
Maintenance Fee $724.47
Community Features Shopping Nearby
Amenities Nearby Bike Room, Concierge, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities, Snow Removal, Water

Heating & Cooling

Fireplace 0
Heating Type Heat Pump
Cooling Central Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Underground, Guest, Garage Door Opener
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions -
Zoning -
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile
Foundation Slab
Interior Features Elevator
Locker -
View -
View Description -
Units In Development 53
Exterior Features Garden, Playground, Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Other, Torch-On

Property History

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Status Date Price
Show more

Listed by: Wesgroup Realty Ltd. & Wesgroup Realty Ltd.

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.

Neighborhood Info

Public Schools

Elementary
Simon Fraser Elementary School
Average
0.48 km
5.9/10

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

Private Schools

Elementary
Blessed Sacrament School
0.39 km
Secondary
St. John's International
0.76 km

Closest Transit

Bus Stop
Southbound Cambie St @ W 16 Ave
0.03 km
Skytrain
Skytrain @ Broadway-City Hall Stn
0.67 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to 305 480 W 16th Avenue, Vancouver, BC MLS® R3070311

As we step into this charming neighborhood, you'll find a perfect blend of community spirit and urban convenience. Nestled in the heart of Vancouver, this property is serviced by the excellent Simon Fraser Elementary School, just 0.48 km away. With a rating of 5.9/10, Simon Fraser Elementary School is a great choice for families who value quality education.

Just down the road, you'll find other top-notch schools, including Blessed Sacrament School, an independent elementary school with a rating of 9.2/10, located just 0.39 km away. For secondary education, St. John's International is the closest independent school, with a rating of No Rating, located 0.76 km from this home.

Now, let's talk about the safety of this neighborhood. According to Statistics Canada's 2020 report, there were 52,217 violation disturbances in this area, resulting in an overall crime rate of 7,470.82. This is considered Average compared to other Canadian cities. But don't worry, the year-by-year change in the total crime rate is a -14.94% decrease, indicating a safer environment for you and your loved ones.

When it comes to property crimes, the neighborhood surrounding 305 480 W 16th Avenue, Vancouver, BC MLS® R3070311, is Above Average, with a property misconduct rating of 5,020.27. However, the violent crime rate is Below Average, standing at 1,311.69, and the year-by-year change is a 3.53% increase.

Now, let's explore the lifestyle amenities this neighborhood has to offer. Just a short walk from home, you'll find the Southbound Cambie St @ W 16 Ave bus station, located 0.03 km away, making it easy to get around the city.

In terms of demographics, 52.9% of people in this neighborhood hold a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 9.2% of the population has no certificate or degree, which is Low compared to the average in BC.

The median household income in this neighborhood is $86,144, which is Above Average compared to the British Columbia average. Additionally, the median personal income is $42,394, which is High in comparison to the BC average. However, the percentage of households with a mortgage is 53.9%, which is Below Average.

Unemployment rate in the area is 3.5%, which is Low compared to other province neighborhoods. This makes it an attractive location for professionals and families.

This real estate is located in the Cambie neighborhood, where the population change between 2011 and 2016 was 8.8%, which is High compared to average growth rate of this region. The population density per square kilometer is 6,854.5, which is High.

The average size of families in this area is 2.9, which is Average compared to the whole region. The percentage of families with children is 59.3%, which is Average, while the percentage of married or living common law is 55.8%, which is Below Average.

The average age of the population is 38.7, which is Below Average compared to other BC cities. The average value of dwellings in this neighborhood is $1,921,715, which is High compared to other areas in British Columbia.

In terms of housing costs, the average owner payments are High in this area, with owners spending an average of $2,198 per dwelling. Tenants are paying $1,416 in this district, which is also High compared to other cities.

However, 48.9% of the population in this district are renters, which is High compared to other BC cities and areas.

The language spoken in this neighborhood is diverse, with 15.8% of the population speaking English and French, 81.4% speaking only English, and 2.9% speaking neither English nor French.

When it comes to transportation, 28.6% of the population uses public transport, which is High, while 46.6% use cars, which is Low. 12.2% of the population uses bicycles, which is High, and 10.3% walks, which is also High.

In conclusion, 305 480 W 16th Avenue, Vancouver, BC MLS® R3070311, is a fantastic opportunity for those seeking a safe, family-friendly neighborhood with excellent schools and a range of lifestyle amenities. With its High median household income, High median personal income, and Low unemployment rate, this neighborhood is an attractive choice for professionals and families alike.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,699,900
Vancouver $1,113,142
Cambie $1,245,695
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

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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