Property Type: Detached HouseOwnership: Freehold

408 W 41ST AVENUE

Vancouver, BC V5Y2S7

$6,000,000

4 bed2 bath2 parking2,770 sqftBuilt 1956
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Property Details

Property & Lot

Sub-type
House
Lot size
7,969.36 square feet
Frontage
56 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$17,443.8 (2025)

Interior

Basement
Partial, Unknown, Unknown
Heating
Forced air
Fireplace
None

Parking

Total spaces
2 — covered indicated
Features
Garage, Carport

Listing Information

MLS®
R3106759
Listed
April 3, 2026
Time on market
On the market for 151 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal Pacific Realty Corp. · Data source: CREA DDF.

Description

Court order sale. Prime and fantastic development property just steps across from the Oakridge Mall and Skytrain Station on West 41st Avenue. Located in the heart of the Oakridge Municipal Town Centre (Oakridge MTC) Development Plan area where mixed-use towers are currently being developed and under constructions. (id:63159)

Values & Trends

This listing

$2,166/sqft

Building average

No other active listings in this building

Vancouver average

$1,164/sqft

1216 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Detached (House) Market Stats — Vancouver

Monthly figures from the Fraser Valley Real Estate Board for Vancouver detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$2,303,200

Jul 2026

Average Sale Price

$2,623,974

Jul 2026

Monthly Sales

131

Jul 2026

Active Listings

1,316

Jul 2026

Sales-to-Active Ratio

10.0%

Jul 2026

Median Days to Contract

27 days

Jul 2026

MLS® HPI Benchmark Price

$2,657,400
$2,280,700
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

15°C

Clear

Humidity 100%

Wind NW 5 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

662,248

(2021 Census)

+4.9% since 2016

Density: 5,749.7/km²

Dwellings: 328,347

Median household income: $82,000

After-tax: $72,000

Immigrant population: 42.2%

Top countries of origin (% of total population)

  • China9.6% · 63,270
  • Philippines4.5% · 29,925
  • Hong Kong3.8% · 25,485
  • India2.2% · 14,640
  • United Kingdom1.9% · 12,895
  • Viet Nam1.8% · 12,115
  • Taiwan1.5% · 9,865
  • United States of America1.5% · 9,790

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

70

8/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Sir Wm Van Horne ElementaryElementary559 m
King David High School(Independent)Secondary615 m
Secondaire Jules-VerneK-12735 m
Rose-des-ventsElementary735 m
Dr Annie B Jamieson ElementaryElementary808 m
Johnathan Academy(Independent)Secondary969 m
Eric Hamber SecondarySecondary1.1 km
Sir William Osler ElementaryElementary1.4 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Oakridge-41st Ave Station @ Bay 324 m
Oakridge-41st Avenue Station @ Platform 1148 m
Oakridge-41st Avenue Station @ Platform 2165 m
Oakridge-41st Ave Station @ Bay 5192 m
Eastbound W 41 Ave @ Columbia St208 m

Nearby Places

Restaurants (5+)

  • Kamura Sushi · 5888 Cambie Street179 m
  • Bonjour Banh Mi · 5556 Cambie Street212 m
  • Hello Nori · 650 West 41st Avenue248 m
  • Feenie's259 m
  • Via Tevere260 m

Cafes (5+)

  • Feast & Fallow · 305 West 41st Avenue151 m
  • Starbucks · 5504 Cambie Street253 m
  • Mello Donuts293 m
  • Boba Run298 m
  • Beaucoup Bakery Cafe309 m

Grocery (1)

  • Safeway331 m

Parks (2)

  • Columbia Park249 m
  • Tisdall Park741 m

Shopping (1)

  • Oakridge Park · 650 West 41st Avenue358 m

Gyms (1)

  • Oakridge Physiotherapy Centre · 6317 Cambie Street640 m

Pharmacies (1)

  • yYoung Pharmacy · 5570 Cambie Street199 m

Banks & ATMs (5+)

  • CIBC146 m
  • Scotiabank · 5812 Cambie Street147 m
  • TD · 511 West 41st Avenue180 m
  • BMO186 m
  • RBC · 583 West 41st Avenue229 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,200,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$4,800,000.00
Periodic payment — Principal & Interest (monthly)$30,967.97
Additional monthly expenses (strata, tax, utilities, etc.)$1,592.65
Total monthly cost$32,560.62
Interest paid over 5-yr term$1,375,693.80
Balance at end of term$4,317,615.52

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,200,000
Stress test qualifying rate8.09%
Payment you must qualify for$36,910.32

Cash Needed at Closing

Minimum down payment$1,200,000
Estimated BC PTT$218,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,419,500

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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