203 988 W 16th Avenue — Vancouver West


$ 615,000 FOR SALE MLS# R3159892
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Welcome to this well-maintained home in the desirable low-rise building The Oaks at 988 West 16th Avenue in South Cambie / Cambie Village. This unit offers a functional layout in a quiet, boutique 4-storey concrete building (built circa 1990, rain-screened). Residents enjoy a proactive strata, elevator access, in-suite laundry, and secure underground parking. Exceptional location just steps to shops, restaurants, cafés, Heather Park, Douglas Park, Vancouver General Hospital, and excellent transit options including the Canada Line and multiple bus routes. Walkable to City Square, Broadway Corridor, and easy access to downtown, UBC, and the airport. The popular school catchments are Emily Carr Elementary and Eric Hamber Secondary.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms1
Living Area679 sqft
Property TypeResidential – Apartment/Condo
MLS® R3159892
StatusActive
Listing BrokereXp Realty

Property History

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

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Market Overview

Cambie · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos77
Median Asking Price $ 1,028,000 $ 615,000
Median Price per SqFt $1,183 $906
Median Days on Market 90
Sold Properties Aug 2026Jul 2026Aug 2025
Condos 0 ▼100.0% 0 10
Median Selling Price ▼100.0% $ 982,500
Median Price per SqFt ▼100.0% $1,359
Median Days on Market 29
Median Discount Off Ask 2.1%
New Listings 15164
Months of Inventory 13.2

At the current sales pace, it would take about 13 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.