Oakridge Real Estate Guide, Vancouver

Updated · By Jared Gibbons, REALTOR®

Quick facts · Oakridge VW sub-area

Typical sale price
Houses $2.62MTownhomes $1.54MCondos $908,000
Sold, Nov 2025 to Oct 2026
21 condos, 10 townhomes, 8 houses

Median prices from closed MLS® sales (Paragon).

On this page (11 sections)

Oakridge VW is the area around West 41st Avenue and Cambie Street in south-central Vancouver, centred on the Oakridge Municipal Town Centre and the Oakridge–41st Avenue Canada Line station; "VW" is the GVR board's Vancouver West suffix. Nearby areas: South Cambie, Langara, Marpole, Riley Park, Shaughnessy, Kerrisdale.

Where Oakridge sits

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This guide covers Oakridge's condo buildings, townhome complexes and land: what each source verifies, the local rules, and what buyers ask.

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Oakridge real estate: your questions answered

Which condo buildings can I actually buy in Oakridge today?

Oakridge Park's own towers are not completed stock yet.

Is Chelsea in Oakridge or West Vancouver?

Neither confusion is right: Chelsea by Cressey is on Cambie Street at West 31st Avenue in Vancouver, across from Queen Elizabeth Park, on the Oakridge corridor.

When can I move into Oakridge Park?

Developer reporting puts the first residential towers ready in early 2027, with phases delivering over several years; retail's first phase opened in 2026. A purchase today is a presale/assignment question, not a resale — with REDMA's 7-day rescission and GST as new construction.

Can I rent out an Oakridge condo?

Yes, long-term — strata rental-restriction bylaws have been void province-wide since November 24, 2022. Short-term rentals can still be restricted by bylaw and by City licensing.

When can I buy at Oakridge Park, and is any of it townhouses?

Any contract today is a REDMA presale — disclosure statement first, deposits in trust, 7-day rescission.

Which elementary school will my child attend?

It splits by address between Sir William Osler Elementary and Sir William Van Horne Elementary — the only two locator runs documented are 5970 Selkirk Street → Osler / Eric Hamber Secondary and 5855 Ontario Street → Van Horne / Eric Hamber Secondary. Run the specific address in the VSB locator before marketing or relying on a catchment.

Does the Empty Homes Tax apply to an Oakridge purchase?

If the home will sit vacant or be held as a secondary property, yes — 3% of assessed taxable value on homes declared or deemed vacant (City of Vancouver). Also calendar the City deadlines: advance taxes February 3, 2026, main taxes July 3, 2026, 5% penalty on unpaid balances.

Can a side-street house lot become a duplex or multiplex?

That is the R1-1 baseline: Minimum site area 306 m² for a house, a duplex or a 3–4-unit multiple dwelling, up to 6 strata or 8 secured rental units at the larger site areas — but lots inside Cambie Corridor designations follow the plan as well, so read both for the specific lot.

Is a house with a suite the same as a duplex?

No. A detached home with a secondary suite under the R1-1 schedule is a two-unit form class, but it is one title, not a strata half and not a fee-simple half — the halves of a true half duplex each carry their own title.

What is happening at Oakridge Park and when can I buy there?

Per the developers (QuadReal/Westbank), a 28-acre redevelopment with 3,000+ homes, a 9-acre park and a civic centre; retail's first phase opened in 2026 and the first residential towers were expected ready in early 2027 — developer-sourced, phase by phase, not City-verified.

Does the Empty Homes Tax apply to a vacant duplex half?

Vancouver's Empty Homes Tax is 3% of assessed value on homes declared or deemed empty, Vancouver only, with the annual declaration due February 3, 2026 — a vacant half is exactly the kind of home the declaration catches.

What Buyers & Sellers Say

Excerpts from Google reviews for Jared Gibbons, REALTOR® at Royal LePage Little Oak Realty (Suite 201 - 15272 Croydon Dr, Surrey). Quoted word for word; initials only.

  • 5 out of 5 stars

    “We had a great experience working with Jared. A family member from Vancouver Island recommended that we reach out to him to help us buy our first home in Port Coquitlam…”

    B.V. Google review

  • 5 out of 5 stars

    “Jared Gibbons is a fantastic realtor, gives great suggestions, is proactive, and thinking 3 steps ahead always. He’s well connected, well informed, and as a first time home-buyer I trusted him every step of the way…”

    M.C. Google review

  • 5 out of 5 stars

    “I was going to write a long heartfelt message, because Jared has been so exceptional to work with, but to simply put it - if you want to sell your home, or buy a house, you are going to want to work with Jared…”

    N.K. 27 Sep 2026 · Google review

Condo buildings in Oakridge VW

The City's Empty Homes Tax (3%) applies here.

Streets, schools and transit near Oakridge VW condos

  • Oakridge VW is the area around West 41st Avenue and Cambie Street in south-central Vancouver, centred on the Oakridge Municipal Town Centre and the Oakridge–41st Avenue Canada Line station; "VW" is the GVR board's Vancouver West suffix. Nearby areas: South Cambie, Langara, Marpole, Riley Park, Shaughnessy, Kerrisdale.
  • Planning framework: Oakridge is a Municipal Town Centre within the Cambie Corridor Plan (approved May 9, 2011); Phase 3 (approved 2018) extended townhouse and low-rise policy into the neighbourhood streets around the station. Citywide direction now comes from the Vancouver Official Development Plan, which replaced the Vancouver Plan on March 31, 2026.
  • Where condo stock concentrates: at the town centre itself (the Oakridge Park redevelopment at West 41st and Cambie) and along the Cambie corridor north and south of West 41st — the named buildings in. The side streets are post-war detached bungalows, many traded on land value under the corridor plan.
  • Transit: Oakridge–41st Avenue Station on the Canada Line (being rebuilt with the Oakridge Park development — new escalators, elevator, weather-protected entrance and direct underground mall access; TransLink expected completion in summer 2026 after temporary 11 p.m. closures) and the R4 41st Ave RapidBus along West 41st Avenue between Joyce–Collingwood Station and UBC.
  • Schools: the VSB lists two elementary schools inside Oakridge — Sir William Osler Elementary (5970 Selkirk Street) and Van Horne Elementary (5855 Ontario Street); locator runs for those two addresses returned Osler / Van Horne respectively, both feeding Eric Hamber Secondary as the regular secondary. Sir Wilfrid Laurier Elementary (7350 Laurel Street) serves the south side.
  • Anchors: Queen Elizabeth Park (52 hectares, 125 m above sea level, the city's highest point) is immediately northeast; Langara Golf Course (6706 Alberta Street) and Langara College (West 49th Avenue) sit just south; the BC Children's / BC Women's hospital campus is a short distance north on Oak Street.

Local rules that affect condo buyers in Oakridge VW

  • Vancouver Empty Homes Tax — 3%: homes declared or deemed vacant are taxed at 3% of assessed taxable value; the annual declaration was due February 3, 2026 and payment April 16, 2026. This is a City of Vancouver tax — it applies to every Oakridge condo held vacant, on top of the provincial speculation and vacancy tax where that applies.

Good to know about Oakridge VW condos

  • MLS data for Chelsea and West 41 Oakridge carries Area Minor "Cambie," with Oakridge VW listed only as a nearby neighbourhood — a buyer searching "Oakridge VW condos" on a portal can miss the corridor's entire completed shelf, and an agent quoting an "Oakridge condo count" is usually quoting Cambie data.
  • SnapStats simply does not cover Vancouver. The GVR September 2026 report's communities are Burnaby, New Westminster, Coquitlam, Port Coquitlam, Port Moody, Pitt Meadows and Maple Ridge only — any "Oakridge median" attributed to SnapStats does not exist.
  • The town centre's first towers mix strata with social housing from day one. Developer reporting puts the first five Oakridge Park towers at roughly 700 strata condos plus 180 social housing units, with the civic centre and further social housing completing in the first half of 2027 — the early resale market sits beside a substantial non-market population by design.
  • The west side of West 41st has a second master plan running. The former Oakridge Transit Centre depot (closed 2016) is Grosvenor's Mayfair West — approved in 2020, denser scheme advanced in 2026 — directly beside the Louis Brier / Weinberg seniors campus: years of construction next to the area's care hub, and land-value support for Oak Street sellers at the same time.
  • A new university campus opened inside the mall development. Fairleigh Dickinson University's Vancouver campus officially opened inside Oakridge Park on October 15, 2026 — a rental-demand anchor for corridor condos that no pre-2026 guide mentions.
  • The "seniors centre" at Oakridge Park is an amenity, not housing. The development's own leasing material lists "a senior's centre and a daycare" among its civic components — in a 3,000+ home project where no source identifies a single age-restricted unit.

The province-wide rules are on one page: BC condo buying rules.

Sources for the condo notes on Oakridge VW

Townhome complexes in Oakridge VW

Aperture — 759 West 41st Avenue. Strata

Concrete townhomes at the Oakridge–41st node (a current listing describes a detached concrete townhome with no shared walls, Building Type Townhouse, Ownership Type Freehold Strata, built 2017).

Chelsea by Cressey (townhouse component) — 4675 / 4685 Cambie Street

Two six-storey concrete apartment buildings (79 units in total including townhomes and penthouses, completed 2021).

Streets, schools and transit near Oakridge VW townhomes

  • Oakridge VW is the City of Vancouver area around West 41st Avenue and Cambie Street in south-central Vancouver, centred on the Oakridge Municipal Town Centre and the Oakridge–41st Avenue Canada Line station; "VW" is the GVR board's Vancouver West suffix. Nearby areas: South Cambie, Langara, Marpole, Riley Park, Shaughnessy, Kerrisdale.
  • The side streets are post-war detached bungalows, many traded on land value under the corridor plan.
  • Two sample addresses were actually run in the locator pass: 5970 Selkirk Street → Sir William Osler Elementary / Eric Hamber Secondary, and 5855 Ontario Street → Sir William Van Horne Elementary / Eric Hamber Secondary — so the elementary catchment splits Osler vs Van Horne by address and both samples feed Eric Hamber as the regular secondary.
  • Town centre and transit: the Oakridge Park redevelopment (QuadReal Property Group and Westbank) is a 28-acre project at West 41st and Cambie with 3,000+ homes for 6,000+ residents, a new 9-acre park, roughly 700,000 sq ft of office space, a 100,000 sq ft civic centre with a Vancouver Public Library branch, and retail whose first phase opened in 2026, with the first residential towers expected ready in early 2027 (developer-sourced figures). The Oakridge–41st Avenue Station upgrade (new escalators, elevator, weather-protected entrance, direct underground access into the mall) was expected complete in summer 2026; the R4 41st Ave RapidBus runs along West 41st Avenue from Joyce–Collingwood Station to UBC Exchange. Queen Elizabeth Park (52 hectares, 125 metres above sea level, the highest point in the city) is immediately northeast; Langara Golf Course and Langara College sit just south.

Local rules that affect townhome buyers in Oakridge VW

  • Form B diligence (the counted strata complex): Strata Property Act s. 59 — the Form B states the lot's monthly strata fees, amounts owing, approved special levies still payable, the CRF balance and an insurance summary, with the rules, current budget, any Rental Disclosure Statement and the most recent depreciation report attached; provided within 7 days, maximum $35 plus up to 25 cents per page. Oakhaus is a 2025 build — for a developer-held unit the disclosure-statement route applies instead; for a resale, the Form B package is the diligence.

Good to know about Oakridge VW townhomes

  • Oakhaus answers to two addresses. The project is listed at 135 West 41st Avenue and described at 128 Woodstock Avenue (41st at Manitoba) — searching only one address understates the project's listing history.
  • The first Oakridge Park resale market will sit beside non-market housing from day one. The first five towers were reported as roughly 700 strata condos plus 180 social housing units — the town centre's early resale market forms alongside a substantial non-market population, which belongs in pricing context, not as a surprise after completion.
  • The depot lands are the west side's next construction decade. Mayfair West (the former Oakridge Transit Centre at 929–989 West 41st Avenue) is an approved, advancing master plan — rezoning 2020, denser Grosvenor scheme in 2026 — which supports nearby land values and also promises years of construction next door. Disclose both sides.
  • The elementary split runs through the middle of the town centre. Osler vs Van Horne divides by address, while both documented samples feed Eric Hamber Secondary — "in Oakridge" and "in the Osler catchment" are different statements, and only an address-level locator run separates them.

The province-wide rules are on one page: BC townhome buying rules.

Sources for the townhome notes on Oakridge VW

Lots and land in Oakridge VW

  • Fee-simple lots

    Side-street house lots
    detached homes are mostly freehold, mid-century, on standard lots; many are bought for land value under the Cambie Corridor Plan. The side-street detached stock flanking Montgomery Park and the Osler catchment is the area's family-house pocket: post-war homes on standard lots, increasingly traded on land value plus rental/multiplex fallback rather than on the house itself.
    Serviced position
    these are City of Vancouver lots inside a built town-centre district; no per-lot serviced/unserviced position is stated.
    ALR vs non-ALR
    no ALR parcel in Oakridge VW is identified, and no ALR split is stated — this is urban Vancouver ground. A specific parcel's ALR status is a per-parcel check on ALC mapping in any event.

Development sites

  • Oakridge Park (the former Oakridge Centre lands), West 41st Avenue and Cambie Street — a 28-acre redevelopment site, not lots: developer facts (QuadReal Property Group and Westbank): the 28-acre redevelopment includes 3,000+ homes for 6,000+ residents, roughly 700,000 sq ft of office space, a 100,000 sq ft civic centre with a Vancouver Public Library branch, a new 9-acre park, and retail whose first phase opened in 2026, with the first residential towers expected ready in early 2027 (developer-sourced figures, not City-verified). The first five residential towers were reported as roughly 700 strata condos plus 180 social housing units, with the civic centre and further social housing completing in the first half of 2027.
  • Mayfair West (former Oakridge Transit Centre), 929–989 West 41st Avenue — an approved, advancing redevelopment site, not lots: west of Oak Street, the former trolley-bus depot — a roughly 14-acre site TransLink permanently closed in 2016 — is being redeveloped as "Mayfair West": City Council approved the site's redevelopment policy statement in 2015 and a rezoning in 2020, and developer Grosvenor (which acquired the site and its approved plans in 2022) advanced a revised, denser scheme in 2026 (developer-sourced for the scheme; the 2015 policy statement and 2020 rezoning are the City-verified portion).

Streets, schools and transit near Oakridge VW lots

  • Planning framework: Oakridge is planned as a Municipal Town Centre within the Cambie Corridor Plan, which Vancouver City Council approved on May 9, 2011, to guide transit-oriented growth along Cambie Street around the Canada Line stations, including Oakridge–41st Avenue. Cambie Corridor Phase 3 (approved 2018) extended land-use policy into the neighbourhood streets around the station, adding townhouse and low-rise forms off the arterials. Citywide land-use direction now comes from the Vancouver Official Development Plan, which replaced the Vancouver Plan on March 31, 2026.
  • Transit: the Canada Line's Oakridge–41st Avenue Station (being rebuilt as part of the Oakridge Park development — new accessible escalators, a new elevator, a renovated street-level entrance with a weather-protection canopy, public art, an updated R4 stop, and direct underground access into the mall; TransLink ran temporary early 11 p.m. closures through winter/spring 2026 and expected the upgrades complete in summer 2026), plus the R4 41st Ave RapidBus along West 41st Avenue from Joyce–Collingwood Station to UBC Exchange, stopping at Oakridge–41st Avenue.
  • Schools (SD39, Ministry-listed names): the VSB lists two elementary schools inside Oakridge itself — Sir William Osler Elementary (5970 Selkirk Street) and Van Horne Elementary (5855 Ontario Street) — with Sir Wilfrid Laurier Elementary (7350 Laurel Street) serving the south side of the wider area, and Eric Hamber Secondary (960 West 33rd Avenue) on the area's north side. Two sample addresses were actually run in the locator pass: 5970 Selkirk Street → Sir William Osler Elementary / Eric Hamber Secondary, and 5855 Ontario Street → Sir William Van Horne Elementary / Eric Hamber Secondary — so the elementary catchment splits Osler vs Van Horne by address and both samples feed Eric Hamber as the regular secondary (Sir Winston Churchill Secondary appeared only as the French Immersion secondary for the Selkirk Street sample).
  • Anchors: Queen Elizabeth Park — 52 hectares at 125 metres above sea level, the highest point in the City of Vancouver — is immediately northeast of the town centre; Langara Golf Course (6706 Alberta Street, the City's 18-hole municipal course) and Winona Park sit just south, as does Langara College at West 49th Avenue; Montgomery Park serves the Osler Elementary streets on the west side.

Local rules that affect land buyers in Oakridge VW

  • Subdivision — Subdivision By-law No. 5208, fees under By-law No. 14538 (verified frame): subdivision of Vancouver land runs under Subdivision By-law No. 5208; its fee schedule sits in By-law No. 14538.
  • Multiplex / subdivision potential off-corridor — R1-1: for detached lots outside the corridor designations, the R1-1 multiplex rules apply: up to 6 strata units or 8 secured rental units under By-law No. 13817. Check which framework — corridor designation or R1-1 — governs the specific lot before pricing land value; the two routes price very differently.
  • Empty Homes Tax — vancouver only, 3%: the City's Empty Homes Tax charges 3% of assessed value on homes declared or deemed empty, with the annual declaration due February 3, 2026 and payment due April 16, 2026.
  • Property transfer tax — worked example (inputs + tier math): on a $2,000,000 land-value house-lot purchase, fully residential, no exemption — 1% on the first $200,000 ($2,000) + 2% on $200,000–$2,000,000 ($36,000) = $38,000. Anchors: $500K→$8,000; $800K cap→$14,000 ($6,000 fully qualifying FTHB); $1.0M→$18,000; $1.2M→$22,000; $1.5M→$28,000; $3.5M→$93,000 INCLUDING the further 2% tier over $3M (tiers: 1% to $200,000, 2% to $2,000,000, 3% above, plus a further 2% on the residential portion over $3,000,000).
  • Presales (REDMA) — the live frame at Oakridge Park and Mayfair West: a presale buyer must receive the developer's disclosure statement (REDMA s. 18, deposits held in trust) and has a 7-day rescission period from the later of signing or acknowledging it (REDMA s. 21). Confirm completion timing, strata formation and remaining developer obligations phase by phase — developer materials describe first residential readiness at Oakridge Park in early 2027, but phases deliver over several years.

Good to know about Oakridge VW lots

  • The town centre's land story is two master-plan sites, not a lot shelf. Oakridge Park (28 acres, QuadReal/Westbank) and Mayfair West (the roughly 14-acre former transit depot, Grosvenor) together will reshape every side-street lot value around them — and neither sells a single fee-simple lot. A buyer pricing a bungalow here is pricing corridor designation plus two construction decades, not a house.
  • The station-to-mall connection was a timeline, not a finished feature. TransLink expected the Oakridge–41st upgrade (escalators, elevator, weather-protected entrance, direct underground mall access) complete in summer 2026 after early-closure work through winter/spring 2026 — confirm the final handover state at listing time before selling the direct connection as a completed feature.
  • Institutional anchors shape the rental pool. Langara College just south, the Fairleigh Dickinson University Vancouver campus inside Oakridge Park, and the BC Children's/Women's hospital campus a short distance north on Oak Street — the demand base for holding a corridor lot with a rental/multiplex fallback.

The province-wide rules are on one page: BC land buying rules.

Sources for the land notes on Oakridge VW

More Oakridge real estate

Duplexes and half duplexes in Oakridge VW

What a duplex looks like in Oakridge VW

  • The usual duplex form: The housing stock mixes post-war detached bungalows on the side streets with new condo towers and townhouses at Oakridge Park and along Cambie Street and 41st Avenue; detached homes are mostly freehold, mid-century, on standard lots, many bought for land value under the Cambie Corridor Plan.

Local rules that affect duplexes in Oakridge VW

  • The R1-1 District Schedule sets a minimum site area of 306 m² for a single detached house or a duplex and for a 3–4-unit multiple dwelling, 464 m² for 5 units and 557 m² for 6 to 8 units; a multiplex may have up to 6 strata units or up to 8 secured rental units, and a single detached house may include a secondary suite and a laneway house. Lots inside Cambie Corridor designations may carry different or additional options under the plan.

The province-wide rules are on one page: BC duplex and half-duplex buying rules.

Sources for the duplex notes on Oakridge VW

What's nearby Oakridge VW

Times are from OpenStreetMap routing, November 2026.

Transit

  • Nearest rapid-transit station by name, in the area: Oakridge–41st Avenue Station, Canada Line, at W 41st Ave and Cambie St — per TransLink's Buzzer.
  • Route R4 41st Ave RapidBus, TransLink: Joyce Station to UBC Exchange, along West 41st Avenue.
  • Route 15 Cambie, TransLink: TransLink's Buzzer names the 15 as stopping at King Edward, Oakridge–41st Avenue and Langara–49th Avenue stations.
  • Route 41 Joyce Station, TransLink: West 41st Avenue service, per TransLink's schedule page.

Parks and recreation

  • Queen Elizabeth Park, Vancouver: City park, 52 hectares at 125 m above sea level, with Bloedel Conservatory and quarry gardens, northeast of the town centre.
  • New park at Oakridge Centre, West 41st Avenue and Cambie Street: Park Board nine-acre public park, part at ground level, part on the mall roof.

Schools

  • Sir William Osler Elementary, grades K-7, 5970 Selkirk St, Vancouver, School District 39 (Vancouver); confirm the catchment with the district.
  • Sir Wm Van Horne Elementary, grades K-7, 5855 Ontario St, Vancouver, School District 39; confirm the catchment with the district.
  • Eric Hamber Secondary, grades 8-12, 960 W. 33rd Avenue, Vancouver, School District 39; confirm the catchment with the district.
  • Sir Wilfrid Laurier Elementary, grades K-7, 7350 Laurel St, Vancouver, School District 39; confirm the catchment with the district.

Measured walking and driving times

Measured on November 2, 2026 with OpenStreetMap routing (OSRM for driving, routed-foot for walking), from Oakridge Park, 650 W 41st Ave, Vancouver
ToHowMinutesDistance (km)
Oakridge–41st Avenue StationWalk40.3
Queen Elizabeth ParkDrive73.0

Sources for what’s nearby

What's nearby, building by building

Times are from OpenStreetMap routing from each building’s address, November 2026.

  • Oakhaus, 135 West 41st Avenue

    Transit
    Nearest rapid-transit station: Oakridge–41st Avenue Station, Canada Line, at W 41st Ave and Cambie St — per TransLink's Buzzer. Route R4 41st Ave RapidBus, TransLink: Joyce Station to UBC Exchange, along West 41st Avenue. Route 15 Cambie, TransLink: named in TransLink's Buzzer as stopping at Oakridge–41st Avenue Station.
    Parks and recreation
    Queen Elizabeth Park, Vancouver: City park, 52 hectares at 125 m above sea level, with Bloedel Conservatory and quarry gardens. New park at Oakridge Centre, West 41st Avenue and Cambie Street: Park Board nine-acre public park, part at ground level, part on the mall roof.
    Schools
    Sir William Osler Elementary, K-7, 5970 Selkirk St, Vancouver, School District 39. Sir Wm Van Horne Elementary, K-7, 5855 Ontario St, Vancouver, School District 39. Eric Hamber Secondary, 8-12, 960 W. 33rd Avenue, Vancouver, School District 39.

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