Buyer-leaning, but thin
Only 6 detached homes sold in June. That gives buyers room to negotiate, but it also means one unusual sale can distort the monthly picture.
Call: 1.604.275.2997 Email: ron@thevpgroup.ca
Central, transit-connected, and changing quickly. Cambie gives buyers more negotiating room today, but every address needs its own zoning, condition, and nearby-development review.
Only 6 detached homes sold in June. That gives buyers room to negotiate, but it also means one unusual sale can distort the monthly picture.
Cambie’s $2.71 million benchmark sat below Vancouver West at $3.04 million and South Cambie at $4.02 million.
Condition, block quality, lot dimensions, suite income, zoning, and assembly potential can create large differences between nearby homes.
Broadway-City Hall, King Edward, and Oakridge-41st make downtown, Richmond, and YVR easier to reach without relying on a car.
Queen Elizabeth Park and Hillcrest Centre add gardens, trails, pools, fitness, ice, and year-round family recreation.
BC Children’s, BC Women’s, and G.F. Strong create exceptional access and a steady employment base nearby.
Interior blocks can feel calm and residential. Cambie, Oak, King Edward, and 41st carry more traffic, transit, and construction activity.
The City expects the broader Cambie Corridor to more than double in population over the plan horizon.
Many lower-density lots can support 3 to 6 strata homes, or up to 8 secured rental homes, depending on the site.
Cambie planning identifies more than 1,100 detached lots for possible townhouse or rowhouse redevelopment.
The Oakridge redevelopment adds housing, retail, offices, a community centre, library, childcare, and performance space.
Do not assume every Cambie lot has the same density. Check zoning, policy layers, frontage, trees, utilities, and nearby applications.
Review drainage, sewer, foundation, roof, wiring, plumbing, hazardous materials, and possible underground oil tanks.
Match renovations, suites, laneway homes, and additions against City permits and final inspections where available.
Return during rush hour, school pickup, evenings, and weekends to judge traffic, hospital activity, parking, and construction noise.
Market figures are from June 2026. Zoning, school boundaries, development applications, and project timelines can change. Confirm the current rules and records for the specific property before relying on them.
This charming 1940s bungalow, set on a quiet, tree-lined street, has been lovingly cared for and offers a warm, welcoming place to call home today. Ideal as a starter family home, the house blends classic character with everyday comfort in an established neighbourhood. Move in now or take advantage of the exceptional long-term potential. Centrally located three blocks from Queen Elizabeth Park, the location is hard to beat. Walk to the future Oakridge (two blocks away), Vancouver’s next major shopping & cultural destination. With easy access to the Canada Line, 41st Ave bus routes, and quick connections in every direction, you can be anywhere in the city in minutes. Whether you’re looking to settle into a premier neighbourhood or envision a future redevelopment, this is a rare opportunity.
Royal LePage Sussex
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Ron Parpara PREC - Vancouver Realtor
Old address: 1286 Homer St #400, Vancouver, BC V6B 2Y5
New address: 701 W Georgia St, Suite 1500, Vancouver, BC V7Y 1G5
(604) 275-2997, ron@thevpgroup.ca
