448 W 41ST AVENUE, Vancouver
$8,990,000
This 7,327 sqft property in Vancouver is a detached single-family home on a lot the new rules make suitable for a multiplex. In Vancouver, most single-family lots fall under the R1-1 zone, which allows a multiplex of up to six units on many lots, and more on larger or corner sites. The final count depends on lot area, frontage, and whether you keep any existing character home, so each lot should be checked against the city's rules.
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!
How this price compares
This lot asks $1,227 per square foot of lot. That is 174% above the median of $447 across the 754 active lots VanPlex is showing in Vancouver, and puts it 741 of 754 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $8,990,000
- Lot size
- 7,327 sqft
- Lot dimensions
- 51.5 x 142.28
- Frontage
- 51.5 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1952
- Zoning
- R1-1
- MLS® area
- Oakridge VW
- MLS® number
- R3126627
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.