604-332-8063
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+13 more
$3,498,000

18-24 W 16TH AVENUE

Vancouver BC V5Y 1Y6 - Cambie
10 bd
4 ba
3,780 sqft
Built 1979

About This Property

Parkside Living. ATTN: Investors & Homeowners – Outstanding Opportunity in the heart of Mount Pleasant! A beautifully renovated FOURPLEX on an oversized 6,874 SF (50x137.47) lot directly across from Mount Pleasant Park. Featuring 3,780 SF with four spacious homes generating $11,309/month in rental income. Beautifully updated w/ new flooring, ceramic…

Property Details

MLS NumberR3167716
Property TypeQuadruplex
Bedrooms10
Bathrooms4
Square Feet3,780
Lot Size6,873.5 sqft
Year Built1979
Parking Spaces4
Days on Market37
StatusActive
Listed ByRoyal LePage West Real Estate Services

School Catchment

Elementary Fraser
Secondary Hamber

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$2,400,000Median home value
$106,000Median household income
50.8%Owner-occupied
22.7%Single-detached homes
2.4Avg household size
38.4Median age
64.2%Bachelor's degree or higher (25-64)
68%Commute under 30 min
53.5%Drive to work
25.7%Foreign-born residents
6,159Neighbourhood population

Age

Under 15: 15.2%15 to 64: 71%65 and over: 13.8%
  • Under 1515.2%
  • 15 to 6471%
  • 65 and over13.8%

Household size

  • 1 person29%
  • 234.2%
  • 316.2%
  • 414.4%
  • 5 or more6.2%

Language spoken at home

72.2% English mother tongue

  • Cantonese6.7%
  • Mandarin3%
  • English + other2.5%
  • French1.6%
  • Spanish1.5%
  • Japanese1.4%
  • All others11.1%

Mother tongue, share of 6,150 residents.

How this pocket differs

  • fewer seniors 65+ than Cambie 13.8% vs 17.7%
  • notably fewer Mandarin speakers than Cambie 3% vs 6.7%
  • notably fewer Cantonese speakers than Cambie 6.7% vs 10.3%
  • Median dwelling value is notably higher than Metro Vancouver $2,400,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Land & Development

Lot size6,916 sqft
Lot dimensions50 × 138 ft
Lot shapeRectangular
Transit-oriented potential (Bill 47 / TOA)
Transit areaTier 3within 800 m of a station
Max density3 FAR
Max height8 storeys
Est. buildable~20,681 sqft
Nearest stationMt. Pleasant Station778 m away

Within a provincially designated Transit-Oriented Area, this lot may support up to 3 FAR / 8 storeys regardless of base zoning. Provincial minimums and approximate — municipal rezoning, servicing and parking standards still apply.

Approximate lot lines (ParcelMap BC)

Zoning, lot dimensions and grade are approximate, from public data, and for reference only — verify with the City / Township of Langley before relying on them.

Monthly Cost Calculator

Estimated monthly cost $18,173
Mortgage payment$16,467
Property tax$1,355
Home insurance$350
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Oct 20

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