2985 W 16th Avenue — Vancouver West


$ 2,798,000 FOR SALE MLS# R3154218
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A well maintained family home in an exceptional west side location, offering flexibility, comfort and excellent income potential. 3 spacious bedrooms on the upper floor. Bonus 2 bedroom legal suite, ideal for rental income. Legal suite includes its own private laundry. Excellent main floor layout with a large family room and kitchen combination, practical and comfortable living space and a private backyard- perfect for relaxing and entertaining. This property also includes a double garage plus one additional parking space, for up too three vehicles. Heated hardwood floors throughout. Enjoy the best of Kitsilano right outside your door. This home is just minutes from Kits Beach, local shops, cafes, restaurants, while offering convenient access to UBC and a selection of nearby schools.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms4
Bathrooms4
Living Area2,575 sqft
Lot Area4,026 sqft
Property TypeResidential – Single Family Residence
MLS® R3154218
StatusActive
Listing BrokerRE/MAX Crest Realty

Property History

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

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Market Overview

Kitsilano · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes261
Median Asking Price $ 1,450,000 $ 2,798,000
Median Price per SqFt $1,113 $1,087
Median Days on Market 62
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 5 ▼89.6% 52 48
Median Selling Price $ 1,075,000 ▲23.0% $ 1,188,000 $ 874,000
Median Price per SqFt $854 ▼20.0% $1,054 $1,068
Median Days on Market 161518
Median Discount Off Ask 3.9%2.2%2.9%
New Listings 245363
Months of Inventory 5.7

At the current sales pace, it would take about 6 months to sell all the homes currently for sale here — a Balanced market.

SELLER'S
BALANCED
BUYER'S

Homes for sale and active buyers are fairly evenly matched, so neither side has a clear advantage.

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.

Kitsilano: Number of Sales

Kitsilano: Median Sold Price

Kitsilano: Median Sold Price per SqFt

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