745 W 41ST AVENUE

Vancouver · MLS® R3125380

8 bed · 4 bath · 3,180 sq ft · 6,876 sq ft lot · 1 parking

House · Single Family · built 1951 · 143 days on market

Listed by Jason J S Wang, Sutton Group - 1st West Realty

Realtor's 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.

Property details

Type: House, Single Family
Bedrooms: 8
Bathrooms: 4
Living area: 3,180 sq ft
Lot: 6,876 sq ft
Parking: 1
Year built: 1951
Property tax: $28,020 / yr
Days on market: 143
MLS®: R3125380

Features

Central location

Price check

Above typical for the area (+12%)

2026 assessment: $2,966,000 · asking is +21%
Price per sq ft: $1,132 vs $1,010 median for houses in Vancouver for sale (1747)

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 143 days · no price changes so far

The market here

Listed now: 53 days; median for 1860 houses for sale; this one 143 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$2,966,000	$9,974

The listing shows $28,020 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

$18,015/mo

Mortgage $15,680 · Tax $2,335

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

estimated payment

$15,680/ monthly

loan $2,879,200

25-year amortization

down payment20% · $719,80020%+ 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: $1,824,949
property transfer tax: $97,950; BC general rate
cash to close: $817,750; down + PTT
total paid: $4,704,149

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: 637 m² (6,857 sq ft) · PID 010-165-801. 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 Jamieson Elementaryhomes in this catchment
700 m away · 6350 Tisdall Street, Vancouver · 604-713-5367
Secondary Eric Hamber Secondaryhomes in this catchment
700 m 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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