Exceptional Development Opportunity in Vancouver’s Westside Seize this rare opportunity to build a multiplex now or hold for future redevelopment in one of Vancouver’s most prestigious neighborhoods. This property falls within the Transit-Oriented Development (TOD) tier under the BC Provincial Plan, offering a strong potential for increased density and long-term value. Currently designated under Phase Three of the Cambie Corridor Plan, the site is ideal for townhouse development and may be suitable for land assembly with neighboring properties. Located just steps from Oakridge Mall, Queen Elizabeth Park, and the Canada Line station, this prime site offers unmatched convenience with quick access to downtown Vancouver, Langara College, top-ranking schools, and essential amenities.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Finished |
| Fireplace | 0 |
| Heating Type | Mixed, Other |
| Laundry | In Unit |
| # of Kitchens | 2 |
| Foundation | Concrete Perimeter |
| Exterior Features | Balcony |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $4,300,000 |
|---|---|
| Total Bedrooms | 3 |
| Total Bathrooms | 2 |
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 2551 |
| Year Built | 1949 |
| Age Of Building | 77 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Architecture Style | Basement Entry |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Utility Type | Electricity Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer |
| Water (WaterSource) | Public |
| Parking Type | RV Access/Parking |
| Total Parking Spaces | 4 |
| Rental Suites | Unauthorized Suite |
| Lot Size | 8342.88 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 52 |
| MLS® # | R3013547 |
| Area | Vancouver West |
| Neighbourhood | Oakridge VW |
| City | Vancouver |
| Postal Code | V5Y 2W6 |
| Gross Taxes | $19,154.8 |
| Zoning | RS-1 |
| Status | Date | Price |
|---|---|---|
| R3013547 / Active | 06-10-2025 | $4,300,000 |
| R2977541 / Sold | 05-30-2025 | $4,990,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 16' x 16' ft |
| Main Level | Dining Room | 15' x 15' ft |
| Main Level | Kitchen | 17' x 17' ft |
| Main Level | Primary Bedroom | 13' x 13' ft |
| Main Level | Family Room | 26' x 26' ft |
| Main Level | Bedroom | 12' x 12' ft |
| Below | Recreation Room | 16' x 16' ft |
| Below | Bedroom | 15' x 15' ft |
| Below | Kitchen | 8' x 8' ft |
| Below | Laundry | 7' x 7' ft |
| Below | Storage | 7' x 7' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
| Below | No | #3 |
Listed by: Sutton Premier 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
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Schools Near 438 W 45th Avenue | |||||
Calculate your commute (JS — not indexed, but keeps users on page)
438 W 45th Ave, Vancouver, BC is ideally located for commuters. The property is 0.4 km from Langara-49th, with a 22 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Cambie St @ W 45 Ave (0.1 km).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $3,576,000 | $10,000 | $3,586,000 |
-15.7%
|
| 2025 | $4,242,000 | $10,000 | $4,252,000 |
-4.1%
|
| 2024 | $4,425,000 | $10,000 | $4,435,000 |
-0.6%
|
| 2023 | $4,450,000 | $10,000 | $4,460,000 |
+10.3%
|
| 2022 | $4,034,000 | $10,000 | $4,044,000 | — |
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