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.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Full |
| Heating Type | Natural Gas |
| # of Kitchens | 1 |
| Flooring | Mixed |
| Foundation | Concrete Perimeter |
| Exterior Features | No Outdoor Area |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $3,599,000 |
|---|---|
| Total Bedrooms | 8 |
| Total Bathrooms | 4 |
| Full Bathrooms | 4 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 3180 |
| Year Built | 1951 |
| Age Of Building | 75 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 1 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected, Natural Gas Connected |
| Utility Sewer | Public Sewer |
| Water (WaterSource) | Public |
| Parking Type | Detached, Rear Access |
| Total Parking Spaces | 1 |
| Rental Suites | Unauthorized Suite |
| Lot Size | 6876 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 57.3 |
| MLS® # | R3125380 |
| Area | Vancouver West |
| Neighbourhood | Cambie |
| City | Vancouver |
| Postal Code | V5Z 2N2 |
| Gross Taxes | $28,020 |
| Zoning | R1-1 |
| Status | Date | Price |
|---|---|---|
| R3125380 / Active | 05-19-2026 | $3,599,000 |
| R3021423 / Sold | 10-17-2025 | $3,500,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Bedroom | 11'10 x 11'10 ft |
| Main Level | Kitchen | 14'11 x 14'11 ft |
| Main Level | Bedroom | 11'6 x 11'6 ft |
| Main Level | Bedroom | 18'4 x 18'4 ft |
| Main Level | Bedroom | 12'2 x 12'2 ft |
| Main Level | Eating Area | 8'2 x 8'2 ft |
| Main Level | Primary Bedroom | 17'4 x 17'4 ft |
| Basement Level | Bedroom | 15'10 x 15'10 ft |
| Basement Level | Bedroom | 17'4 x 17'4 ft |
| Basement Level | Bedroom | 9'2 x 9'2 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
| Main Level | No | #3 |
| Main Level | No | #4 |
| Basement | No | #4 |
Listed by: Sutton Group - 1st West Realty
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
745 W 41st Avenue has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5Z 2N2, 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 (~4.3 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 |
|---|---|---|---|---|---|
| Schools Near 745 W 41st Avenue | |||||
Calculate your commute
745 W 41st Ave, Vancouver, BC is ideally located for commuters. The property is 0.4 km from Oakridge-41st, with a 20 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound W 41 Ave @ Willow St (0.11 km). Walk Score Transit rating: Excellent Transit (76/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $2,956,000 | $10,000 | $2,966,000 |
-15.6%
|
| 2025 | $3,506,000 | $10,000 | $3,516,000 |
-36.2%
|
| 2024 | $5,500,000 | $10,000 | $5,510,000 |
+0.0%
|
| 2023 | $5,500,000 | $10,000 | $5,510,000 |
+0.0%
|
| 2022 | $5,500,000 | $10,000 | $5,510,000 | — |
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