Oakridge

Overview

Anchored by two swiftly moving Canada Line stations and the $5-billion Oakridge Park redevelopment slated to open in late 2025, Oakridge real estate is stepping into the spotlight as Vancouver’s next signature live-work-shop district. Once dominated by tidy 1950s bungalows, the neighbourhood is now welcoming sleek concrete towers, verdant rooftop parks, and Canada’s largest community centre under one roof—all while preserving the quiet tree-lined streets that long-time residents cherish. Homes for sale in Oakridge rarely linger on the market, thanks to its enviable mid-city location, top-ranked schools, and a surging supply of brand-new inventory aimed at downsizers and young families alike.

Locals love the easy weekend ritual of brunch at Seasons in the Park, a stroll through the best parks in Oakridge, and a ten-minute SkyTrain ride downtown for a Canucks game. Add in growing cultural amenities like the new Civic Centre, and it’s no surprise Oakridge properties remain a favourite with investors eyeing the Cambie Corridor’s next chapter.

Location & Boundaries

Oakridge sits in the geographic heart of Vancouver’s West Side. West 41st Avenue forms the northern edge, West 57th the southern; Granville Street frames the west while Main Street meets the eastern boundary. Oak Street and Cambie Street bisect the area north-south, funnelling commuters toward the city core, YVR, and Richmond. Measuring just over 4 km², the neighbourhood keeps daily errands within a short drive or pleasant bike ride.

Housing & Pricing

Detached lots remain sizable by city standards—typically 50 × 120 feet—yet redevelopment along major corridors is shifting land use toward mid-rise and tower forms. At the upper end, the benchmark price for a detached house in Oakridge reached $3,210,000 (REBGV 2025-07), reflecting premium land value near rapid transit.

Condo living is exploding, with master-planned towers delivering everything from micro-suites to sprawling penthouses. The area’s July benchmark of $984,000 (REBGV 2025-07) still undercuts neighbouring Fairview and Kits, making entry easier for first-time buyers chasing Oakridge condo prices 2025.

Transit & Accessibility

The Canada Line delivers downtown in 12 minutes from Oakridge-41st and Langara-49th stations, while south-bound trains reach YVR in under 20. RapidBus R4 along 41st Avenue connects to UBC, and upgraded AAA cycling lanes make the Cambie Corridor a safe spine for two-wheeled commuters. A Walk Score of 61 and Transit Score of 72 confirm a car-optional lifestyle, especially once Oakridge Park’s 1-million-square-foot retail core reopens.

Parks & Recreation

Green space is Oakridge’s quiet super-power. Queen Elizabeth Park crowns the north with quarry gardens, disc golf, and panoramic city views. Locals jog the perimeter trails before ducking into the Bloedel Conservatory’s tropical warmth on rainy days. Columbia, Tisdall, and Oak Meadows parks scatter playgrounds, off-leash areas, and community gardens, while the best parks in Oakridge will soon include five acres of elevated public parkland atop Oakridge Park’s retail podium.

Schools & Amenities

Families are spoiled for choice: Jamieson and Van Horne elementaries funnel into renowned Sir Winston Churchill Secondary and its International Baccalaureate program. Independent options such as Vancouver College and Crofton House are minutes away by car. Langara College anchors 49th Avenue with 23,000 students, bringing youthful energy and an extra coffee scene to the south end.

Oakridge Real Estate Market Trends & Data

Inventory remains tight at barely two months of supply, and attached homes now benchmark at $1,580,000 (REBGV 2025-07). Year-over-year, total Oakridge sales volumes are up 9 per cent, while the sale-to-list ratio hovers near 38 per cent—deep in seller’s-market territory.

Price resilience surprised even seasoned agents: detached values dipped only 1.8 per cent during 2024’s rate-hike cycle, then bounced back 4.5 per cent in early 2025. Analysts attribute stability to end-user demand, limited greenfield land, and pre-sale absorption levels that saw three towers sell out within 90 days. Savvy investors tracking Oakridge condo prices 2025 note that pre-construction units are commanding a 10 per cent premium over completed resales, mirroring trends observed in Cambie-adjacent markets.

Key Takeaways

• Transit-oriented redevelopment will add roughly 3,000 new homes and a civic centre by 2027.
• Detached lots still offer generous frontage, but RS zoning along major routes is rapidly converting to multifamily.
• Walkability and park access blend with top schools—rare for a neighbourhood only 12 minutes from downtown.

FAQs

Is Oakridge good for families? Absolutely—low-traffic side streets, quality schools, and soon-to-open community facilities make it a magnet for young and multigenerational households.

When will Oakridge Park reopen? The phased grand opening is scheduled for late 2025, with retail, parkland, and the new civic centre rolling out between Q4 2025 and Q2 2026.

How competitive is the housing market? Months of inventory have hovered around two for most of 2025, so buyers should be pre-approved and ready to act quickly.

Need personalised real-estate advice for Oakridge? Reach out any time.

This guide is for educational purposes only. Statistics, prices, and scores are believed accurate at time of writing but may change without notice. Nothing here is legal or financial advice—always verify information and consult qualified professionals before acting.