307 988 W 16TH AVE, Vancouver BC V5Z 1T2, Vancouver, BC

$599,900
Est. Mortgage /mo

MLS® R2907283

Closed

$599,900
Closed at 01 Oct 2024
Listing price: $599,900
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
1 Beds
1 Baths
1 Stories
$ 456.5 Maint. Fee
707 sqft
1991 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Introducing The Oaks: Perfect for 1st-time homebuyers and investors alike! This spacious 707 Sq.ft. 1-Bedroom residence features a thoughtfully crafted efficient layout. The primary bedroom easily accommodates a king-size bed and work desk, complemented by a private patio. Enjoy the added convenience of an underground parking spot, with the option for a complimentary locker rental through the strata, albeit with a short waitlist. Strategically positioned, relish in the proximity to VGH, Cambie, and South Granville shopping, diverse dining options, and the Canada Line for seamless commuting. With a fully rainscreened building, rest assured of the enduring quality and durability of your investment. Rental and pets friendly. Don't let this exceptional opportunity at The Oaks slip away!

General Info

Price $599,900
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 707
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1991
Age Of Building 33
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Caretaker, Maintenance Grounds, Gas, Management
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R2907283
Area Vancouver West
Neighbourhood Cambie
City Vancouver
Gross Taxes $1,621.42
Ownership Type Freehold Strata
Maintenance Fee $456.5
Community Features Gated, Shopping Nearby
Amenities Nearby Caretaker, Maintenance Grounds, Gas, Management
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Electric

Utilities

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

Parking

Parking Type Underground, Lane Access
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning RM-4
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Wall/Wall/Mixed
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
Sold 10-01-2024 $599,900
Show more

Listed by: RE/MAX Crest Realty

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
Emily Carr Elementary School
0.75 km
No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
Blessed Sacrament School
0.51 km
Rating 9.2/10
Secondary
St. John's International
1.23 km
No Rating

Closest Transit

Translink
Westbound W 16 Ave @ Oak St
0.06 km

307 988 W 16TH AVENUE, Vancouver BC V5Z 1T2 is serviced by Emily Carr Elementary School. The property with listing MLS® R2907283 is located 0.75 km from the school. Emily Carr Elementary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 307 988 W 16TH AVENUE, Vancouver BC V5Z 1T2 is Blessed Sacrament School with School's rating Rating 9.2/10, located 0.51 km from this home.

The closest to this address 307 988 W 16TH AVENUE, Vancouver BC V5Z 1T2 Secondary independent school is St. John's International with School's rating No Rating, located 1.23 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 307 988 W 16TH AVENUE, Vancouver BC V5Z 1T2, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS® R2907283 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 307 988 W 16TH AVENUE, Vancouver BC V5Z 1T2 are Above Average. Property misconduct rating adjacent to MLS® R2907283 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Westbound W 16 Ave @ Oak St in 0.06 km away from this listing with - MLS® R2907283.

51.4% of people with university certificate/degree live in this neighbourhood adjacent to the 307 988 W 16TH AVENUE, Vancouver BC V5Z 1T2 which is High in comparison with other BC neighbourhoods. 8.3% of population in this neighbourhood that is near the Listing MLS® R2907283 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 307 988 W 16TH AVENUE, Vancouver BC V5Z 1T2, Vancouver, BC is $83861 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2907283 is $43215 which is High in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 52.8% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2907283 is 6.7 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 307 988 W 16TH AVENUE, Vancouver BC V5Z 1T2 Cambie where population change between 2011 and 2016 was 4.4%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 307 988 W 16TH AVENUE, Vancouver BC V5Z 1T2, Vancouver, BC is 4526.9 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 307 988 W 16TH AVENUE, Vancouver BC V5Z 1T2 is 2.8. This is Below Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2907283 is 59.5% and it is Average. % of Married or living common law is around 54.1% and it is Below Average.

Average age of the population close to the 307 988 W 16TH AVENUE, Vancouver BC V5Z 1T2 is 40.9 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 307 988 W 16TH AVENUE, Vancouver BC V5Z 1T2, Vancouver, BC is $1793194 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 307 988 W 16TH AVENUE, Vancouver BC V5Z 1T2. $1835 owners spent in average for the dwelling. Tenants are paying $1483 in this district close to MLS® R2907283 and it is High comparing to other cities.

42.9% of Population in this district near the 307 988 W 16TH AVENUE, Vancouver BC V5Z 1T2 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 307 988 W 16TH AVENUE, Vancouver BC V5Z 1T2, Vancouver, BC is 14.7%, it is Above Average, % of English speakers only is 82.4% and Below Average. % of French speakers adjacent to 307 988 W 16TH AVENUE, Vancouver BC V5Z 1T2 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 307 988 W 16TH AVENUE, Vancouver BC V5Z 1T2, Vancouver, BC is 2.9% and it is Above Average comparing to other BC cities.

29.5% of all population in the area around this property with the address 307 988 W 16TH AVENUE, Vancouver BC V5Z 1T2, Vancouver, BC using Public Transport which is High, 45.6% of using population are using Cars around MLS® R2907283, which is Low. 9.1% of people using Bicycles around the 307 988 W 16TH AVENUE, Vancouver BC V5Z 1T2 and it is High. 14.7% of population are walking which is High

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 456.5
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $599,900
Vancouver $614,234
Cambie $549,900
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
Call or Text Now!
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