Prime development opportunity in an unbeatable Fairview/Shaugnessy location. This 66’ wide corner lot is zoned R3-2, offering excellent potential for a duplex or possible multi-unit development (buyer to verify with the City of Vancouver). A rare, oversized CORNER lot with multiple frontage options, ideal for builders, developers, or long-term investors seeking flexibility and future upside. Enjoy a walkable urban lifestyle—steps to Meinhardt Fine Foods, local cafés, neighbourhood shops, and everyday conveniences. Excellent transit access and proximity to top schools, parks, and downtown Vancouver further enhance the appeal. A truly unique property with endless possibilities in one of Vancouver's most desirable and established neighbourhoods.
General Info
Price
$3,088,000
Total Bedrooms
3
Total Bathrooms
7
Half Bathrooms
0
Floor Area Total (sqft)
2817
Lot Size
6705.6
Lot Size Depth
Feet
Lot Size Frontage
66
Basement
Finished
Basement Features
-
Property Metrics
Year Built
1927
Age Of Building
99
Building Type
Single Family Residence
Property Type
Residential
Stories
2
Building Features
-
Structures
Residential Detached
Additional Details
MLS® #
R3075922
Building Name
-
Area
Vancouver West
Neighbourhood
Fairview VW
City
Vancouver
Postal Code
V6H 1S7
Price per Sqft
$1,096
Gross Taxes
$12,092.5
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Community Features
Shopping Nearby
Fixtures Included
-
Heating & Cooling
Fireplace
1
Heating Type
Electric, Radiant
Utilities
Utility Type
Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer
Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)
Public
Parking
Parking Type
Other, Lane Access, Side Access
Total Parking Spaces
1
Rooms
Floor
Type
Dimensions
Basement Level
Living Room
10'0 x 10'0 ft
Basement Level
Kitchen
10'0 x 10'0 ft
Basement Level
Bedroom
10'0 x 10'0 ft
Basement Level
Kitchen
10'0 x 10'0 ft
Basement Level
Living Room
17'0 x 17'0 ft
Main Level
Living Room
15'0 x 15'0 ft
Main Level
Kitchen
9'0 x 9'0 ft
Main Level
Bedroom
10'0 x 10'0 ft
Main Level
Living Room
10'0 x 10'0 ft
Main Level
Kitchen
10'0 x 10'0 ft
Main Level
Bedroom
10'0 x 10'0 ft
Above Level
Living Room
18'0 x 18'0 ft
Above Level
Living Room
18'0 x 18'0 ft
Bathrooms
Floor
Ensuite
Pieces
Basement
No
#3
Basement
No
#3
Main Level
No
#3
Main Level
No
#3
Above Level
No
#3
Listed by: Macdonald Realty Westmar
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 & Transit Info
Public Schools
Elementary
Emily Carr Elementary School
0.83 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Elementary
Blessed Sacrament School
0.76 km
Elementary, Secondary
York House School
1.22 km
Closest Transit
Bus Stop
Eastbound W 16 Ave @ Oak St
0.17 km
Skytrain
Skytrain @ Broadway-City Hall Stn
1.26 km
Crime Rate
Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average
Demographics
Post-Secondary Education
Above Average
51.6%
No Certificate/Degree
Below Average
3.7%
Owner Occupied
Below Average
46%
Employment Rate
Below Average
28.6%
Noise/ Power Lines
Road/Hwy Noise
Unlikely
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
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes$1,008
Maintenance fee0
A 20% down payment of $617,600 on this $3,088,000 listing yields an estimated mortgage of $11,794/month (30-year fixed, 4%). Total estimated housing cost: $12,802/month, $1,008 property tax.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:
Estimated Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment0%
With $10,702/month in estimated rental income against $13,027/month in mortgage payments, the monthly cashflow is -$2,325/month. A 36% down payment would reach break-even.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$3,088,000
Vancouver
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Fairview VW
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There are currently no comparable Single Family Residences active in Fairview VW. The Vancouver-wide average for similar 3-bedroom properties is $3,146,000 (4 listings). This home is priced 1.8% below that benchmark.
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
Property FAQs
What are the closest top-rated schools to 1131 W 16th Avenue, Vancouver, BC?
The closest top-rated schools are Emily Carr Elementary School and Blessed Sacrament School.
Is 1131 W 16th Avenue, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 1131 W 16th Avenue, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $18,528.
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