$8,990,000

448 W 41ST AVENUE

Vancouver · MLS® R3126627

4 bed · 3 bath · 1,992 sq ft · 7,327 sq ft lot · 4 parking

House · Single Family · built 1952 · 141 days on market

Listed by Sherri Xi, RE/MAX Select Properties

Realtor's 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!

Property details

Type: House, Single Family
Bedrooms: 4
Bathrooms: 3
Living area: 1,992 sq ft
Lot: 7,327 sq ft
Parking: 4
Year built: 1952
Property tax: $15,641 / yr
Days on market: 141
MLS®: R3126627

Features

Central location

Price check

2026 assessment: $3,160,000 · asking is +184%
Price per sq ft: $4,513 vs $1,012 median for houses in Vancouver for sale (1712)
Last sold: $7,000,000 · May 6, 2023

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 141 days · no price changes so far

The market here

Listed now: 55 days; median for 1822 houses for sale; this one 141 days

Houses in Vancouver. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$3,160,000	$10,626

The listing shows $15,641 a year in property tax.

Estimate: the BC Assessment value times Vancouver's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$40,472/mo

Mortgage $39,169 · Tax $1,303

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$39,169/ monthly

loan $7,192,000

25-year amortization

down payment20% · $1,798,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $4,558,570
property transfer tax: $367,500; BC general rate
cash to close: $2,165,500; down + PTT
total paid: $11,750,570

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

Lot outline: 682 m² (7,341 sq ft) · PID 010-337-377. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

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Location

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Schools

Catchment schools, Vancouver School Board

Elementary Van Horne Elementaryhomes in this catchment
600 m away · 5855 Ontario St, Vancouver · 604-713-4965
Secondary Eric Hamber Secondaryhomes in this catchment
1.1 km away · 960 W. 33rd Avenue, Vancouver · 604-713-8927

From the Vancouver School Board's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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