Property Type: Detached HouseOwnership: Freehold

7687 OAK STREET

Vancouver, BC V6P4A4

$1,890,000

5 bed3 bath2 parking2,508 sqftBuilt 1976
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Property Details

Property & Lot

Sub-type
House
Lot size
4,234.19 square feet
Frontage
33 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,719.96 (2025)

Interior

Heating
Forced air
Fireplace
Yes (2)

Parking

Total spaces
2 — covered indicated
Features
Garage

Listing Information

MLS®
R3156283
Listed
August 17, 2026
Time on market
On the market for 14 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Prime redevelopment opportunity in the highly desirable Oak Street corridor. This RM-8 zoned property offers excellent potential for multi-unit residential development in one of Vancouver´s most sought-after west side locations. Solid house with a metal roof and hardwood flooring. Conveniently situated near transit, parks, schools, shopping, and Richmond/YVR access. An exceptional opportunity for builders, investors, or future land assembly in a rapidly evolving neighborhood with strong long-term upside. Don´t miss it! (id:63159)

Values & Trends

This listing

$754/sqft

Building average

No other active listings in this building

Vancouver average

$1,166/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

22

4/9 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 Wilfrid Laurier ElementaryElementary478 m
Oakridge Montessori Children's Learning(Independent)Elementary594 m
Sir Winston Churchill SecondaryElementary635 m
David Lloyd George ElementaryElementary738 m
Tamim Academy of Vancouver(Independent)Elementary/Middle807 m
des ColibrisElementary946 m
St Anthony of Padua(Independent)Elementary1.3 km
Vancouver Montessori School(Independent)Elementary1.4 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
Southbound Oak St @ Park Dr98 m
Northbound Oak St @ Park Dr100 m
Southbound Oak St @ W 59 Ave153 m
Northbound Oak St @ W 59 Ave227 m
Southbound Oak St @ W 57 Ave391 m

Nearby Places

Restaurants (5+)

  • Rollzzy · 8265 Oak Street511 m
  • Daisho Sushi and Ramen · 8269 Oak Street516 m
  • Chuan Yue · Oak Street570 m
  • Lu Rou Fan Tasty · 8335 Oak Street575 m
  • Mirchi · 7964 Granville Street749 m

Cafes (1)

  • Krepa Cafe · 8030 Granville Street784 m

Parks (1)

  • Oak Park126 m

Banks & ATMs (1)

  • Primerica · 7932 Granville Street741 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($378,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,512,000.00
Periodic payment — Principal & Interest (monthly)$9,754.91
Additional monthly expenses (strata, tax, utilities, etc.)$935.00
Total monthly cost$10,689.91
Interest paid over 5-yr term$433,343.55
Balance at end of term$1,360,048.89

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$378,000
Stress test qualifying rate8.09%
Payment you must qualify for$11,626.75

Cash Needed at Closing

Minimum down payment$378,000
Estimated BC PTT$35,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$415,300

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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