About this home

An affordable place close to Downtown! Top floor unit in a convenient location for anything you need. Strategically located near School, Park, Shops, Public Library and Health Center. Suite newly painted, facing quiet south side with partially renovated bathroom, new lights, bright and big living room, bedroom in good size, added metal security door make you safer. Available 1 Parking and 1 Storage.

Property details

1

Beds

1 full

Baths

585 ft²

Floor area

1981

Year built

1

Parking

$391/mo

Strata fee

$1,282/yr

Gross tax

Location & structure

Single Family

Type

Listed

March 31, 2026

Structure

Apartment

PID

004-964-080

Building amenities

Shared laundry

Features & inclusions

Appliances

Refrigerator, Dishwasher, Stove

Heating

Baseboard heaters, Electric

Cooling

Air Conditioned

Parking

Underground

Lot

Central location, Elevator

Community

Pets Allowed With Restrictions

Additional details

Common interest

Condo/Strata

Tax year

2025

Property analysisScored Jun 2

Buyer view7–10 year horizon

Average on carrying cost

$701/sqft vs area comp median $982/sqft (28.6% below, 20 comps). ⚠ Comp set is older than 60 days. Used area-level comps (sub-area had <5 matches).

On a 7 to 10 year hold, area appreciation vs current entry price matters most.

Strong value signals, score 85.7 of 100Based on 4 of 9 signals · score likely 63.4 to 100

Stale compsNo HPI coveragePrice history accruing

Price comparisons use asking prices from nearby active and recently removed listings. Sold prices are not available through public listing feeds.

Scores weight nine signals across price, market, carrying cost, and location data. Sources: BCRES listing feed, GVR MLS® HPI, TransLink, BC Geographic Warehouse, Vancouver Open Data, Statistics Canada (2021 Census). One input among many, not advice.

Nearby & Commute

10 min

walk to Bosa Foods

12 min

bike to VCC–Clark

38 min

walk to VCC–Clark

9 min

drive to downtown Vancouver

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 32%

Financial overview

A clearer view of the monthly and upfront costs connected to this home.

Monthly ownership costs

Estimated monthly total

Calculated estimate

$2,498

Principal and interest

Calculated estimate

$1,850

Property tax

Listing data

$107/mo

Strata fee

Listing data

$391/mo

Home insurance

Assumption

$150/mo

Purchase snapshot

List price

Listing data

$399,999

Down payment

Calculated estimate

$80,000 (20%)

Estimated mortgage

Calculated estimate

$319,999

Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.

Mortgage estimate

Using listing data

Est. monthly total

$2,498

/mo

Rate

%

Amortization

Principal and interest

$1,850

Property tax

$107

Strata fee

$391

P&I

Tax

Strata

Down payment

$80,000 (20%)

Stress test this mortgage

Get Pre-Approved

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Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $80,000 down (20%) on $399,999, Canadian semi-annual compounding. Property tax sourced from listing. Strata fee sourced from listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.

Detached	172	31.7%
Condo / Apartment	165	30.4%
Townhouse	80	14.7%
Duplex	51	9.4%
Half-duplex	50	9.2%
Other	25	4.6%

$10,000 to $14,999	5	2.0%
$15,000 to $19,999	10	3.9%
$20,000 to $24,999	15	5.9%
$25,000 to $29,999	10	3.9%
$30,000 to $34,999	10	3.9%
$35,000 to $39,999	10	3.9%
$40,000 to $44,999	10	3.9%
$45,000 to $49,999	10	3.9%
$50,000 to $59,999	35	13.7%
$60,000 to $69,999	25	9.8%
$70,000 to $79,999	20	7.8%
$80,000 to $89,999	20	7.8%
$90,000 to $99,999	20	7.8%
$100,000 to $124,999	15	5.9%
$125,000 to $149,999	10	3.9%
$150,000 to $199,999	25	9.8%
$200,000 and over	5	2.0%

Detached	172	31.7%
Condo / Apartment	165	30.4%
Townhouse	80	14.7%
Duplex	51	9.4%
Half-duplex	50	9.2%
Other	25	4.6%

$10,000 to $14,999	5	2.0%
$15,000 to $19,999	10	3.9%
$20,000 to $24,999	15	5.9%
$25,000 to $29,999	10	3.9%
$30,000 to $34,999	10	3.9%
$35,000 to $39,999	10	3.9%
$40,000 to $44,999	10	3.9%
$45,000 to $49,999	10	3.9%
$50,000 to $59,999	35	13.7%
$60,000 to $69,999	25	9.8%
$70,000 to $79,999	20	7.8%
$80,000 to $89,999	20	7.8%
$90,000 to $99,999	20	7.8%
$100,000 to $124,999	15	5.9%
$125,000 to $149,999	10	3.9%
$150,000 to $199,999	25	9.8%
$200,000 and over	5	2.0%

#406 – 16 LAKEWOOD Drive

#406 – 16 LAKEWOOD Drive

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