3716 W 16th Avenue — Vancouver West


$ 2,299,000 FOR SALE MLS# R3119884
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Attention Investors and Visionaries! This rare land assembly or holding property offers unique dual-frontage access from both 16th and 17th Avenue—a developer's dream for multifamily housing. Currently, the residence is configured into three functional suites (two 2-bedroom and one 1-bedroom), each featuring a private kitchen to maximize rental yield or provide a substantial mortgage helper. Situated in the heart of a vibrant community, you are steps away from gourmet dining, transit, and essential services. Most notably, this home sits within the prestigious catchment of Lord Byng Secondary and Queen Elizabeth Elementary, both just a short stroll away. With UBC only a 10-minute transit ride from your door, the location is unbeatable for long-term appreciation.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms5
Bathrooms3
Living Area2,129 sqft
Lot Area3,630 sqft
Property TypeResidential – Single Family Residence
MLS® R3119884
StatusActive
Listing BrokerNu Stream Realty Inc.

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
Mmm 00, 0000 R0000000 $0,000,000 Price change
Mmm 00, 0000 R0000000 $0,000,000 Sold
3 events on record for this property

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Market Overview

Dunbar · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes134
Median Asking Price $ 3,050,000 $ 2,299,000
Median Price per SqFt $1,221 $1,080
Median Days on Market 79
Sold Properties Aug 2026Jul 2026Aug 2025
All Homes 1 ▼95.7% 2 23
Median Selling Price $ 2,900,000 ▲11.5% $ 3,109,000 $ 2,600,000
Median Price per SqFt $2,037 ▲61.0% $1,226 $1,265
Median Days on Market 139515
Median Discount Off Ask 3.3%3.7%4.8%
New Listings 14295
Months of Inventory 24.4

At the current sales pace, it would take about 24 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.

Dunbar: Number of Sales

Dunbar: Median Sold Price

Dunbar: Median Sold Price per SqFt

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