Property Type: Detached HouseOwnership: Freehold

745 W 41ST AVENUE

Vancouver, BC V5Z2N2

$3,599,000

8 bed4 bath1 parking3,180 sqftBuilt 1951
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Property Details

Property & Lot

Sub-type
House
Lot size
6,876 square feet
Frontage
57.3 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$28,020 (2024)

Interior

Basement
Full, Unknown, Unknown
Heating
Natural gas
Fireplace
None

Parking

Total spaces
1 — covered indicated
Features
Detached Garage

Listing Information

MLS®
R3125380
Listed
May 20, 2026
Time on market
On the market for 104 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: Sutton Group - 1st West Realty · Data source: CREA DDF.

Description

Developers and investors alert. Rare opportunity to secure a prime Oakridge development site directly across from Oakridge Park, Vancouver´s landmark master-planned urban centre. This 57.3´ x 120´ lot is steps to Oakridge-41st Avenue Canada Line Station and located in one of the Westside´s most active growth corridors. Current R1-1 zoning allows multiplex development, with potential for higher-density redevelopment through assembly under the Cambie Corridor and TOA policy framework, including up to 12 storeys / 4.0 FSR, subject to City approval. Currently generating approx. $106,200 annually, in rental income. A strategic holding, redevelopment, or assembly opportunity with exceptional long-term upside. Buyer to verify all development potential. (id:63159)

Values & Trends

This listing

$1,132/sqft

Building average

No other active listings in this building

Vancouver average

$1,165/sqft

1216 active listing(s)

Parking: 1 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

48

7/9 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)Secondary81 m
Secondaire Jules-VerneK-12287 m
Rose-des-ventsElementary287 m
Johnathan Academy(Independent)Secondary408 m
Eric Hamber SecondarySecondary736 m
Dr Annie B Jamieson ElementaryElementary746 m
Sir William Osler ElementaryElementary825 m
Vancouver College(Independent)K-12977 m

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
Eastbound W 41 Ave @ Willow St108 m
Westbound W 41st Ave @ Willow St151 m
Oakridge-41st Ave Station @ Bay 4330 m
Eastbound W 41 Ave @ Oak St350 m
Oakridge-41st Ave Station @ Bay 5384 m

Nearby Places

Restaurants (5+)

  • Ash Street Bistro244 m
  • Hello Nori · 650 West 41st Avenue335 m
  • España360 m
  • MaKaam Modern Artisan Thai Cuisine364 m
  • Santo Taco366 m

Cafes (5+)

  • Beaucoup Bakery Cafe360 m
  • Boba Run372 m
  • Mello Donuts373 m
  • Beaucoup Creamery380 m
  • Cafe FortyOne · 5750 Oak Street418 m

Grocery (1)

  • Safeway485 m

Parks (4)

  • Oak Meadows Park556 m
  • Montgomery Park687 m
  • Tisdall Park734 m
  • Columbia Park780 m

Shopping (1)

  • Oakridge Park · 650 West 41st Avenue360 m

Pharmacies (1)

  • yYoung Pharmacy · 5570 Cambie Street467 m

Banks & ATMs (5+)

  • Scotiabank · 650 West 41st Avenue344 m
  • RBC · 583 West 41st Avenue349 m
  • TD · 511 West 41st Avenue401 m
  • CIBC454 m
  • BMO470 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($719,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,879,200.00
Periodic payment — Principal & Interest (monthly)$18,575.62
Additional monthly expenses (strata, tax, utilities, etc.)$2,494.00
Total monthly cost$21,069.62
Interest paid over 5-yr term$825,187.00
Balance at end of term$2,589,849.71

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$719,800
Stress test qualifying rate8.09%
Payment you must qualify for$22,140.04

Cash Needed at Closing

Minimum down payment$719,800
Estimated BC PTT$97,950
Legal / closing costs (typical estimate)$1,500
Total cash needed$819,250

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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