Property Type: Detached HouseOwnership: Freehold

448 W 41ST AVENUE

Vancouver, BC V5Y2S7

$8,990,000

4 bed3 bath4 parking1,992 sqftBuilt 1952
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Property Details

Property & Lot

Sub-type
House
Lot size
7,327 square feet
Frontage
51.6 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$15,641 (2025)

Interior

Basement
Finished, Full, Separate entrance
Heating
Forced air, Natural gas
Fireplace
Yes (1)

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R3126627
Listed
May 22, 2026
Time on market
On the market for 102 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX Select Properties · Data source: CREA DDF.

Description

7,327 SF Prime High-Density Development Lot on W 41st Ave! Fantastic holding & development property situated in the absolute heart of the high-density Oakridge Municipal Town Centre (MTC) Plan area. Unbeatable transit-oriented location directly opposite the transformative Oakridge Park mega-redevelopment and Skytrain Station. The surrounding skyline is actively reshaping with iconic mixed-use towers upwards of 18+ storeys currently under construction. A solid older home on-site offers excellent holding revenue while you secure your development permits. Do not miss this rare opportunity to build in Vancouver´s premier development corridor! (id:63159)

Values & Trends

This listing

$4,513/sqft

Building average

No other active listings in this building

Vancouver average

$1,162/sqft

1216 active listing(s)

Parking: 4 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

Mainly Clear

15°C

Mainly Clear

Humidity 100%

Wind ESE 13 km/h

Today

20°

Tonight

15°

Wednesday

17°

Wednesday night

14°

Thursday

18°

Thursday night

13°

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
King David High School(Independent)Secondary577 m
Sir Wm Van Horne ElementaryElementary597 m
Secondaire Jules-VerneK-12700 m
Rose-des-ventsElementary700 m
Dr Annie B Jamieson ElementaryElementary788 m
Johnathan Academy(Independent)Secondary930 m
Eric Hamber SecondarySecondary1.1 km
Sir William Osler ElementaryElementary1.3 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 329 m
Oakridge-41st Avenue Station @ Platform 1112 m
Oakridge-41st Avenue Station @ Platform 2128 m
Oakridge-41st Ave Station @ Bay 5155 m
Southbound Cambie St @ W 41 Ave188 m

Nearby Places

Restaurants (5+)

  • Kamura Sushi · 5888 Cambie Street159 m
  • Bonjour Banh Mi · 5556 Cambie Street193 m
  • Hello Nori · 650 West 41st Avenue210 m
  • Feenie's228 m
  • Via Tevere229 m

Cafes (5+)

  • Feast & Fallow · 305 West 41st Avenue187 m
  • Starbucks · 5504 Cambie Street236 m
  • Mello Donuts260 m
  • Boba Run265 m
  • Beaucoup Bakery Cafe275 m

Grocery (1)

  • Safeway310 m

Parks (2)

  • Columbia Park278 m
  • Tisdall Park724 m

Shopping (1)

  • Oakridge Park · 650 West 41st Avenue326 m

Gyms (1)

  • Oakridge Physiotherapy Centre · 6317 Cambie Street633 m

Pharmacies (1)

  • yYoung Pharmacy · 5570 Cambie Street178 m

Banks & ATMs (5+)

  • CIBC117 m
  • Scotiabank · 5812 Cambie Street122 m
  • TD · 511 West 41st Avenue143 m
  • BMO165 m
  • RBC · 583 West 41st Avenue191 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,798,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$7,192,000.00
Periodic payment — Principal & Interest (monthly)$46,400.34
Additional monthly expenses (strata, tax, utilities, etc.)$1,403.42
Total monthly cost$47,803.76
Interest paid over 5-yr term$2,061,247.87
Balance at end of term$6,469,227.26

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,798,000
Stress test qualifying rate8.09%
Payment you must qualify for$55,303.96

Cash Needed at Closing

Minimum down payment$1,798,000
Estimated BC PTT$367,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$2,167,000

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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