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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!
| Basement Finished Area (sqft) | 996 |
|---|---|
| Basement Features | Full, Finished, Exterior Entry |
| Fireplace | 1 |
| Heating Type | Forced Air, Natural Gas |
| # of Kitchens | 2 |
| Foundation | Concrete Perimeter |
| Roof | Asphalt |
|---|---|
| Structures | Residential Detached |
| Price | $8,990,000 |
|---|---|
| Total Bedrooms | 4 |
| Total Bathrooms | 3 |
| Full Bathrooms | 2 |
| Half Bathrooms | 1 |
| Floor Area Total (sqft) | 1992 |
| Year Built | 1952 |
| Age Of Building | 74 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Architecture Style | Rancher/Bungalow w/Bsmt. |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Carport Multiple, Garage Double, Lane Access, Rear Access |
| Total Parking Spaces | 4 |
| Lot Size | 7327 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 51.5 |
| MLS® # | R3126627 |
| Area | Vancouver West |
| Neighbourhood | Oakridge VW |
| City | Vancouver |
| Postal Code | V5Y 2S7 |
| Gross Taxes | $15,641 |
| Zoning | R1-1 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 17'2 x 17'2 ft |
| Main Level | Dining Room | 10'6 x 10'6 ft |
| Main Level | Kitchen | 14'0 x 14'0 ft |
| Main Level | Primary Bedroom | 11'2 x 11'2 ft |
| Main Level | Bedroom | 13'2 x 13'2 ft |
| Basement Level | Living Room | 16'10 x 16'10 ft |
| Basement Level | Kitchen | 16'11 x 16'11 ft |
| Basement Level | Bedroom | 9'8 x 9'8 ft |
| Basement Level | Bedroom | 9'3 x 9'3 ft |
| Basement Level | Laundry | 10'0 x 10'0 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #4 |
| Main Level | No | #2 |
| Basement | No | #4 |
Listed by: RE/MAX Select Properties
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
448 W 41st Avenue has a sell-speed score of 32/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 33.3% above comparable active properties in Oakridge VW. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5Y 2S7, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~4 km). Annual avg AQHI 2.2 — Low Risk.
Vancouver currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.
Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Calculate your commute
448 W 41st Ave, Vancouver, BC is ideally located for commuters. The property is 0.1 km from Oakridge-41st, with a 16 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound W 41 Ave @ Cambie St (0.06 km). Walk Score Transit rating: Excellent Transit (78/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $3,150,000 | $10,000 | $3,160,000 |
-15.6%
|
| 2025 | $3,736,000 | $10,000 | $3,746,000 |
-36.2%
|
| 2024 | $5,861,000 | $10,000 | $5,871,000 |
+115.5%
|
| 2023 | $2,690,000 | $34,400 | $2,724,400 |
+7.8%
|
| 2022 | $2,493,000 | $34,400 | $2,527,400 | — |
Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar Single Family Residences average $2,658,555 across 5 active listings — this listing is 238.2% above the Vancouver average.
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