Home > All listings > 408 W 503 16th Avenue

$1,250,000

408 W 503 16th Avenue

Fairview VW, Vancouver, BC, V5Z 4N3

3 | 2 | 1 | 1,426 sq.ft. | Year Built: 1993 |

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Welcome to The Pacifica, an exceptional 3 bdrm 2 bthrm residence in the core of the sought-after Cambie neighborhood. This bright & airy home features soaring ceilings & open-concept layout flooded W/ natural light. The chef-inspired kitchen is equipped with granite counters, SS appliances, custom millwork cabinetry, & generous walk-in pantry. The thoughtfully designed split-bedroom floorplan offers added privacy. Retreat to the spacious primary suite with dual closets & beautifully renovated ensuite featuring a double vanity. Additional highlights include 1 parking & access to premium building amenities indoor pool, hot tub, sauna, steam room, guest suite, gym & party room. Just steps from amazing restaurants, shops, parks, transit, & top schools, this home truly has it all.

Property Info

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MLS®: R3025082

Listing Courtesy of FaithWilson Christies International Real Estate

Total Bedrooms 3

Total Bathrooms 2

Floor Space 1426 sq.ft.

Title Type Freehold Strata

Style 1 1/2 Storey

Date Listed XXXX-XX-XX

Property Type Condo

Listed Price $1,250,000

Unit Pricing $877/sq.ft.

Strata Fee $728.25

Tax Estimate $3,580/Year

Year Built 1993

Rooms

Main Bedrooms 13'2 * 12'5

Main Living Room 13'9 * 10'11

Main Dining Room 8'10 * 7'2

Main Kitchen 11'10 * 7'10

Main Bedrooms 12'7 * 9'11

Main Foyer 8'11 * 5'10

Main Den 6'5 * 5'11

Main Primary Bedroom 15'2 * 13'6

More Details

Storey 1

Floor Space Finished 1426.00 sq.ft.

Rules No Cats, No Dogs, No

Roof XXXXXXXXXXXXXXXX

Zoning CD-1

Floor Finish XXXXXXXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Parking Garage Under Building, Front Access

Parking Cover 1

Parking Total 1

Fuel Heating Electric

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

MLS Area Major: Vancouver West
Street Name: 16th
City: Vancouver
State Or Province: BC
Postal Code: V5Z 4N3
Property Type: Residential
Property Sub Type: Apartment/Condo

Taxes and HOA Information

Tax Year: 2024

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 2

Interior Features

Flooring: Laminate, Tile
Basement: None
Interior Features: Elevator

Exterior Features

Exterior Features: Garden, Playground, Balcony
Roof: Asphalt, Torch-On
Pool Features: Indoor

Property

Utilities

Sewer: Public Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 1993
Building Area Total: 1426
Living Area: 1426

Lot Information

Lot Features: Central Location, Private, Recreation Nearby, Wooded
Parcel Number: 018248233

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OPEN HOUSES

2025-07-19 01:30 PM - 03:00 PM

2025-07-20 01:30 PM - 03:00 PM

School Catchments

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City Introduction

Overview of Vancouver, BC, Canada

Population

Vancouver is the largest city in British Columbia, with a population of approximately 660,000 (2023). The Greater Vancouver area has over 2.6 million residents. Vancouver is one of Canada's most diverse cities, with significant Chinese, South Asian, and Filipino communities.

Economy

Key Industries: Technology, film production, tourism, port trade, and real estate.
Tech Hub: Known as the "Silicon Valley of the North," Vancouver is home to numerous tech companies and startups.
Film Industry: Vancouver is the third-largest film production center in North America, after Los Angeles and New York.
Port Trade: The Port of Vancouver is Canada's largest port, connecting Asian and North American markets.

Living Features

Natural Environment: Vancouver is renowned for its stunning natural scenery, including Stanley Park, English Bay, and the North Shore Mountains.
Climate: Mild winters and cool summers make it ideal for outdoor activities.
Education: Home to prestigious universities like the University of British Columbia (UBC) and Simon Fraser University (SFU).
Multiculturalism: A vibrant multicultural community with diverse dining and cultural events.

Real Estate Investment

Prices: Vancouver is one of Canada's most expensive cities, with detached homes averaging $2 million CAD and condos around $800,000 CAD (2023).

Opportunities:

Strong demand from immigrants and students ensures a robust rental market.
Limited land supply and population growth support long-term price appreciation.

Risks:

High prices and foreign buyer taxes (20%) may increase investment costs.
Vacancy taxes and property taxes are relatively high, requiring careful financial planning.

Verdict

Vancouver is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include Kitsilano and West End, while Downtown and Broadway corridor condos are attractive for investors.

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