Property Type: Detached HouseOwnership: Freehold

3179 E 16TH AVENUE

Vancouver, BC V5M2M7

$2,599,000

8 bed6 bath0 parking3,056 sqftBuilt 2022
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Property Details

Property & Lot

Sub-type
House
Lot size
3,442.82 square feet
Frontage
33 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,316.88 (2025)

Interior

Basement
Full, Unknown, Unknown
Heating
Radiant heat, Electric, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (2)

Exterior & Lot

View
View

Parking

Total spaces
0

Listing Information

MLS®
R3142245
Listed
July 3, 2026
Time on market
On the market for 60 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Sutton Group-West Coast Realty · Data source: CREA DDF.

Description

Built in 2022, this modern home offers excellent flexibility and strong rental income potential. The top two floors feature 4 bedrooms and 3 bathrooms with a bright, functional layout and beautiful mountain views. The stylish kitchen is equipped with quartz countertops, stainless steel appliances, a wine cooler, and plenty of storage. The primary ensuite includes double sinks, a bathtub, and a separate shower. The basement offers two rental suites, plus a separate 2-bedroom laneway house, generating excellent rental income that can help cover approximately a $900K mortgage. Balance of 2-5-10 New Home Warranty. A great opportunity for homeowners and investors alike! (id:63159)

Values & Trends

This listing

$850/sqft

Building average

No other active listings in this building

Vancouver average

$1,165/sqft

1216 active listing(s)

Parking: Not indicatedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Detached (House) Market Stats — Vancouver

Monthly figures from the Fraser Valley Real Estate Board for Vancouver detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$2,303,200

Jul 2026

Average Sale Price

$2,623,974

Jul 2026

Monthly Sales

131

Jul 2026

Active Listings

1,316

Jul 2026

Sales-to-Active Ratio

10.0%

Jul 2026

Median Days to Contract

27 days

Jul 2026

MLS® HPI Benchmark Price

$2,657,400
$2,280,700
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

15°C

Clear

Humidity 100%

Wind NW 5 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

662,248

(2021 Census)

+4.9% since 2016

Density: 5,749.7/km²

Dwellings: 328,347

Median household income: $82,000

After-tax: $72,000

Immigrant population: 42.2%

Top countries of origin (% of total population)

  • China9.6% · 63,270
  • Philippines4.5% · 29,925
  • Hong Kong3.8% · 25,485
  • India2.2% · 14,640
  • United Kingdom1.9% · 12,895
  • Viet Nam1.8% · 12,115
  • Taiwan1.5% · 9,865
  • United States of America1.5% · 9,790

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

37

7/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
St Jude's(Independent)Elementary403 m
Nootka Community ElementaryElementary471 m
Renfrew Community ElementaryElementary637 m
Vancouver Christian(Independent)K-12639 m
Windermere Community SecondarySecondary950 m
Thunderbird šxʷəxʷaʔəs ElementaryElementary970 m
Westside Montessori Academy(Independent)Elementary981 m
Whytecliff Agile Learning Centre-Burnaby(Independent)Secondary1.1 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Southbound Rupert St @ E 16 Ave245 m
Northbound Rupert St @ E 17 Ave272 m
Northbound Rupert St @ Worthington Dr283 m
Southbound Rupert St @ Grandview Hwy322 m
Southbound Rupert St @ E 18 Ave333 m

Nearby Places

Restaurants (5+)

  • Phở Nhuận · 2989 Rupert Street293 m
  • Boston Pizza · 1333 Grandview Highway558 m
  • Ba Le Deli & Banh Mi · 3779 Rupert Street593 m
  • Pho Kitchen · 2915 Hebb Avenue619 m
  • Sushi Moon · 2893 Grandview Highway621 m

Cafes (5+)

  • ETEA cafe · 3281 East 22nd Avenue595 m
  • Tim Hortons · 2689 Rupert Street616 m
  • Cafe Episode628 m
  • Starbucks · 2905 Hebb Avenue659 m
  • Tim Hortons · 2889 East 12th Avenue671 m

Grocery (3)

  • Real Canadian Superstore · 3185 Grandview Highway351 m
  • Save-On-Foods · 2880 Bentall Street515 m
  • Chong Lee Market · 3818 Rupert Street653 m

Parks (2)

  • Renfrew Community Park · 2929 East 22nd Avenue594 m
  • Falaise Park · 3434 Falaise Avenue595 m

Shopping (1)

  • Canadian Tire · 2830 Bentall Street622 m

Gyms (1)

  • Oxygen Yoga & Fitness · 2888 East 12th Avenue714 m

Banks & ATMs (3)

  • BMO324 m
  • CIBC · 2675 Renfrew Street688 m
  • Instacoin ATM689 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($519,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,079,200.00
Periodic payment — Principal & Interest (monthly)$13,414.29
Additional monthly expenses (strata, tax, utilities, etc.)$929.41
Total monthly cost$14,343.70
Interest paid over 5-yr term$595,904.70
Balance at end of term$1,870,247.12

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$519,800
Stress test qualifying rate8.09%
Payment you must qualify for$15,988.32

Cash Needed at Closing

Minimum down payment$519,800
Estimated BC PTT$55,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$577,270

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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