Property Photos
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$429,000
For Sale
#401 16 Lakewood Drive, Vancouver, BC V5L 4L1
1
bed
1
bath
563
sqft
1
bed
1
bath
563
sqft
Estimated $1,650/mo.
Description
You'll love this fully renovated 1-bed, 1-bath unit located on the quiet west side of a well-managed building in vibrant East Vancouver. This bright 535 sq ft suite features a functional layout with a spacious living room, generous bedroom, and ample storage throughout. Enjoy city and mountain views from this top-floor home, no upstairs neighbours! The building has undergone significant updates, including all windows and doors replaced and full plumbing replacement. The unit comes with 1 secure parking stall and 1 storage locker. Shared laundry. Just 10 minutes to downtown, and steps from transit, shopping, and more. Check it out!
Property Details
| Property Type | Apartment/Condo |
| Bedrooms | 1 |
| Bathrooms | 1 |
Asking Price | $429,000 |
| Maintenance Fee | $365.97 |
| Previously Sold Date | 2017-May-31 |
Size of House Price per House SqFt Maint. Fee per SqFt | 563 sqft $762 $0.65 |
| Age of House | 44 years (1981) |
| Property Taxes | $1,281 (2024) |
| Ownership Interest | Freehold Strata |
| PID | 004-964-110 |
| Seller's Agent | Keller Williams Ocean Realty VanCentral |
Features & Amenities
| ✓ Central Location | ✓ Recreation Nearby |
| ✓ Shopping Nearby | ✓ Elevator |
| ✓ Storage | ✓ Common Area Laundry |
| ✓ Dishwasher | ✓ Refrigerator |
| ✓ Stove |
Room Information
MLS® Pricing History
Assessment History
| Year | Total | Land | Impr. | YoY Change | Taxes |
|---|---|---|---|---|---|
Mortgage Calculator
Emma Gray
Julo Mortgages
%
20.0% | $85,800
30 Years
Emma Gray
Julo Mortgages
The displayed rates are provided as guidance only, are not guaranteed, and are not to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.
Nearby Schools
| School Name | Address | Details |
|---|---|---|
Recent Building Permits
| Permit | PERMIT TYPE — COST | |
|---|---|---|
Market Statistics
Active Properties
| All Active | This Property | |
|---|---|---|
| Apartment | 1,250 | – |
| Median Asking Price | $875,000 | $429,000 |
| Median Price per SqFt | $650 | $762 |
| Median Days on Market | 28 | 8 |
Sold Properties
| Dec 2024 | Nov 2024 | Dec 2023 | |
|---|---|---|---|
Apartment (% change from Dec 2023) | 127 (↑5.2%) | 139 | 121 |
Median Selling Price (% change from Dec 2023) | $1,375,000 (↑8.1%) | $1,368,000 | $1,272,000 |
Median Price per SqFt (% change from Dec 2023) | $902 (↑7.8%) | $895 | $837 |
Median Days on Market | 38 | 35 | 31 |
Median Discount Off Ask | 2.8% | 2.6% | 2.2% |
New Listings | 365 | 380 | 398 |
Months of Inventory | 24.8 | 21.7 | 18.5 |
Seller's
← 5.0Balanced Market8.3 →
Buyer's
