$ 8,300,000

481 W 40th Avenue, Vancouver

Prime land value opportunity in the highly sought-after Oakridge neighbourhood. This property offers a livable and tenanted home with approx 2,082 sqft of living space, including a basement with 4 bedrooms and 2 bathrooms. Sold "As Is, Where Is," this is an exceptional holding, investment, or future redevelopment opportunity. Conveniently located at Cambie Corridor and minutes from Oakridge Park, Queen Elizabeth Park, Langara Golf Course, and VanDusen Botanical Garden, with shopping, restaurants, and daily amenities nearby. Easy access to the Canada Line at Oakridge-41st Ave Station and major bus routes. School catchment: Sir William Van Horne Elementary, Eric Hamber Secondary, and Langara College, all within 5-min drive. (id:1945)
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Property details for 481 W 40th Avenue, Vancouver

Type
Residential
Style
2 Level
Bedrooms
4
Bathrooms
2
Living Area
2,075 square feet
Lot Size
6539.12
Basement
Finished, Unknown, Unknown
Parking
Garage
Heating
Forced air, Natural gas
Ownership
Freehold
Annual Taxes
$14,455 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 481 W 40th Avenue

Active Listings
21
Min Price
$1,349,000
Max Price
$8,300,000
Avg Price
$2,648,186
Days on Market
99
days
Sold Listings
10
Min Sold Price
$1,499,000
Max Sold Price
$2,999,000
Avg Sold Price
$2,057,990
Days until Sold
93
days

Neighbourhood Census Data

Vancouver, British Columbia / Colombie-Britannique

Population
456
Median Age
43.4
Median Income
$29,952
Dwelling Value
$2,602,972

Housing Tenure

Owners 43%
Renters 58%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.4
Pop. Density: 4,672.1/km²
Avg Shelter Cost: $1,795/mo
Owners with Mortgage: 22.2%
Owners Spending 30%+: 29.4%
Tenants Spending 30%+: 50%
English only: 83.5%
English and French: 6.6%
Neither: 9.9%
Median Household Income: $56,448
Median Employment Income: $30,000

Price History

Listed
July 1, 2026
by RE/MAX Crest Realty
Current Price
$8,300,000
+177.6% from last change
Type
Residential
For Sale
Price Changes
1
Date Price Change
Current $8,300,000 +$5,310,000 (+177.6%)
Jul 8, 2026 $2,990,000 Listed

Contact Agent Get in touch about 481 W 40th Avenue, Vancouver

Agnes Lam
Agnes Lam
RE/MAX Crest Realty