582 W 16th Avenue, Vancouver

582 W 16th Avenue, Vancouver, BC V5Z1S4 Photo 1

7 Photos

582 W 16th Avenue, Vancouver, BC V5Z1S4 Photo 2
582 W 16th Avenue, Vancouver, BC V5Z1S4 Photo 3
582 W 16th Avenue, Vancouver, BC V5Z1S4 Photo 4
582 W 16th Avenue, Vancouver, BC V5Z1S4 Photo 5
582 W 16th Avenue, Vancouver, BC V5Z1S4 Photo 6
582 W 16th Avenue, Vancouver, BC V5Z1S4 Photo 7
  • Bedrooms: 3
  • Bathrooms: 3
  • Living area: 1697 square feet
  • MLS®: r2843641
  • Type: Residential
  • Added: 96 days ago

Property Details

This rare 33x122' RM-4 zoned property located in prime Cambie village allows for the construction of up to four three-bedroom townhomes, utilizing a 1.45% FSR (with CoV approval) and potential for approximately 5,833 square feet of buildable. The property currently enjoys the stability of long-term tenants, making it an attractive investment or development opportunity. Cambie Village is ideally located close to downtown, YVR, and reliable transit options ensures convenience. The vibrant community boasts a wide array of shopping and dining establishments, and a strong sense of community. Families will appreciate the proximity of excellent local schools and parks, creating an ideal environment for both living and investing. (id:1945)

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Property Information

  • Tax Year: 2022
  • Basement: Finished, Full, Separate entrance
  • Year Built: 1910
  • Appliances: All
  • Living Area: 1697
  • Lot Features: Central location
  • Photos Count: 7
  • Lot Size Units: square feet
  • Parcel Number: 015-156-427
  • Bedrooms Total: 3
  • Structure Type: House
  • Common Interest: Freehold
  • Parking Features: Other
  • Street Dir Prefix: West
  • Tax Annual Amount: 7122.71
  • Lot Size Dimensions: 4026
  • Architectural Style: 2 Level
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Nearby Places

Name Type Address Distance
Park Theatre (Vancouver) It was acquired by Cineplex Entertainment in 2013 ... 0.3 km
City Square Mall City Square Shopping Mall and office complex was i... 0.5 km
Vancouver City Hall The building has a twelve storey tower (the point ... 0.5 km
BC Cancer Agency To reduce the mortality rate of people with cancer... 0.6 km
BC Cancer Research Centre With direct links to the cancer centres across the... 0.7 km
Vancouver General Hospital VGH is Canada's second largest hospital, after The... 0.7 km
Broadway–City Hall station The station is located at the intersection of Camb... 0.7 km
Vancouver Hospital and Health Sciences Centre VHHSC employs 9500 staff and utilizes 1000 volunte... 0.8 km
National Core for Neuroethics The Core's major research projects are focused on ... 0.8 km
Congregation Schara Tzedeck Its name is Hebrew for "Gates of Righteousness"... 0.8 km
King Edward station The station is designed to accommodate the future ... 0.8 km
Olympic Village station The use of the term "Olympic" has been licensed fo... 1.1 km
Similar Houses Stat in Vancouver
We have found 6 Houses that closely match the specifications of the property located at 582 W 16th Avenue with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 2,280,000 and 3,379,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the V5Z1S4 postal code area of Vancouver British Columbia Canada.
582 W 16th Avenue mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 582 W 16th Avenue. The current price of the property is $2,598,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $2,078,400. This would result in a monthly mortgage payment of $12,149 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 115
Bachelor's degree 270
University / Above bachelor level 15
University / Below bachelor level 15
Certificate of Qualification 15
College 70
Degree in medicine 35
University degree at bachelor level or above 440

Neighbourhood Marital Status Stat

Married 395
Widowed 25
Divorced 45
Separated 20
Never married 285
Living common law 155
Married or living common law 550
Not married and not living common law 370

Neighbourhood Construction Date

1961 to 1980 60
1981 to 1990 70
1991 to 2000 95
2001 to 2005 35
2006 to 2010 125
1960 or before 120
Comparison of 582 W 16th Avenue, Vancouver, BC with Nearby Houses
Nearby Cities Listings Avg. price
North Vancouver 471 $1.780.437
Qualicum Beach 162 $967.854
West Vancouver 338 $4.407.831
New Westminster 265 $1.474.465
Port Moody 105 $1.671.167
Coquitlam 503 $1.647.104
Richmond 732 $1.627.776
Delta 261 $1.745.025
Popular Cities Listings Avg. price
Burnaby 820 $1.399.109
Surrey 2539 $1.623.029
Langley 1000 $1.832.851
Abbotsford 688 $1.400.450
Nanaimo 708 $900.993
Chilliwack 555 $1.062.434
Maple Ridge 674 $1.478.969
Langford 387 $1.004.091
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