18-24 W 16th Avenue — Vancouver West


$ 3,498,000 FOR SALE MLS# R3167716
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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 3-bedroom homes generating $11,309/month in rental income. Beautifully updated w/ new flooring, ceramic bathroom finishes, kitchen cabinetry + appliances. Plenty of parking for all residents. Enjoy amazing mountain views in an excellent location walking distance to Cambie Village, Main Street, Broadway Skytrain and boutique shopping. School catchments: Simon Fraser Elementary + Eric Hamber Secondary. Perfect for multi generational living, savvy investors, or those looking to hold for future development. Don’t miss out!
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms10
Bathrooms4
Living Area3,780 sqft
Lot Area6,874 sqft
Property TypeResidential Income – Quadruplex
MLS® R3167716
StatusActive
Listing BrokerRoyal LePage West Real Estate Services

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed

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Market Overview

Cambie · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes260
Median Asking Price $ 1,660,000 $ 3,498,000
Median Price per SqFt $1,216 $925
Median Days on Market 69
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 7 ▼53.3% 16 15
Median Selling Price $ 2,560,000 ▲96.9% $ 1,878,750 $ 1,300,000
Median Price per SqFt $1,264 ▲10.6% $1,165 $1,143
Median Days on Market 192242
Median Discount Off Ask 4.8%2.6%4.9%
New Listings 574922
Months of Inventory 14.1

At the current sales pace, it would take about 14 months to sell all the homes currently for sale here — a Buyer's market.

SELLER'S
BALANCED
BUYER'S

More homes are for sale than there are buyers, so buyers tend to have more choice and more room to negotiate on price.

What's this?

Months of inventory = the number of homes currently for sale ÷ the average number sold per month recently. As a rule of thumb, under 5 months favours sellers, 5–8 is balanced, and over 8 favours buyers.

Cambie: Number of Sales

Cambie: Median Sold Price

Cambie: Median Sold Price per SqFt

Aggregate market statistics from the MLS® for Cambie. Figures are medians and may reflect small sample sizes in a single neighbourhood. Not an appraisal — ask a team member to verify.