Oakridge Park, Vancouver: New Homes Coming in 2026

Oakridge Park is bringing more than 3,000 new homes to the heart of Vancouver's Cambie Corridor, and several residential towers in the master-planned community are still selling and under construction as of late 2026. For buyers watching the Oakridge area, that means a rare chance to get into a brand-new building in one of the city's most central, transit-connected neighbourhoods.

I'm Stephanie Wong, a real estate agent with Luxmore Realty working across Metro Vancouver, and clients ask me about Oakridge Park more than almost any other project right now. Here's where things actually stand, what's still available, and what it means for anyone thinking about buying new construction in this part of Vancouver.

Key Takeaways

• Oakridge Park spans 28 acres on the Cambie Corridor and will ultimately include more than 3,000 homes alongside office, retail and civic space, according to developer QuadReal.
• The retail and public portion of the site opened in spring 2025; several residential towers remain under construction or in active sales as of fall 2026.
• Metro Vancouver's apartment benchmark price was $682,500 in September 2026, down 6.2% year-over-year, according to Greater Vancouver REALTORS® — useful context for anyone comparing new-construction pricing at Oakridge to the resale market.
• The site sits directly on the Canada Line at the Oakridge-41st Avenue Station, within walking distance of Queen Elizabeth Park.

What's Happening at Oakridge Park Right Now

Oakridge Park is the redevelopment of the former Oakridge Centre shopping mall at Cambie Street and West 41st Avenue, led by QuadReal Property Group with residential sales and marketing handled by Westbank Pacific Realty. The finished site will cover roughly 5 million square feet across 28 acres, combining more than 3,000 residential homes with about 850,000 square feet of retail, 700,000 square feet of office space, and a 9-acre public park with a 1-kilometre running loop.

The retail and park portion opened to the public in spring 2025 with a mix of mainstream and luxury tenants, including internationally recognized jewellery and fashion brands. By late 2026, that part of the project has had more than a year to settle in, while several of the residential buildings — marketed individually under names tied to their architects, including towers designed by Sergio Castiglia and Piero Lissoni — are still in various stages of construction, move-in, or active presale.

For buyers, this matters because "Oakridge Park" isn't a single building with one closing date. It's a multi-phase community where different towers are at different points in construction and sales, which is worth confirming tower-by-tower before making an offer.

New Construction Pricing vs. the Resale Market in Vancouver

New-construction pricing in a project like Oakridge Park has to be weighed against where the broader Vancouver market sits today. According to Greater Vancouver REALTORS® (GVR), the composite benchmark price across all residential property types in Metro Vancouver was $1,075,900 in September 2026, down 5.5% from a year earlier and down roughly half a percent from August 2026. The apartment/condo benchmark specifically sat at $682,500, down 6.2% year-over-year.

GVR also reported a sales-to-active-listings ratio of 10.9% for September 2026, with 1,717 total residential sales against 16,394 active listings — a ratio that typically favours buyers over sellers. In practical terms, that softer resale backdrop has given buyers more room to negotiate on remaining new-construction inventory at Oakridge Park than they would have had during the Cambie Corridor's hottest presale years.

I always tell clients: a benchmark price is a regional average, not a quote for any specific unit. Pricing at Oakridge Park varies significantly by tower, floor, outlook and finish level, so the right comparison is always the specific listing, not the headline number.

Getting Around: Transit, Parks and Schools Near Oakridge Park

Part of what makes Oakridge Park attractive to buyers is the location itself. The site sits directly on top of the Canada Line's Oakridge-41st Avenue Station, which the City of Vancouver's own Cambie Corridor planning documents identify as a municipal town centre and a key transit hub where the Canada Line meets the West 41st Avenue corridor — putting Downtown Vancouver, Richmond, and Vancouver International Airport within a direct, no-transfer train ride.

Queen Elizabeth Park, Vancouver's second-largest park and home to the Bloedel Conservatory and Dancing Waters Plaza, borders the neighbourhood immediately to the north. Eric Hamber Secondary serves the surrounding area for public high school. The City's Cambie Corridor planning has also called for a new community centre and library as part of the Oakridge redevelopment, intended to serve the growing residential population moving into the corridor over the coming years.

For families and downsizers alike, that combination — rapid transit, a major park, and planned civic amenities, all walkable from the same block — is a big part of the pitch, and it's a combination that's genuinely hard to find elsewhere on Vancouver's west side.

Who New Construction at Oakridge Park Makes Sense For

Based on what I'm seeing from buyers in this market, a few groups tend to be the best fit for new construction at Oakridge Park:

Downsizers from nearby west-side neighbourhoods who want to stay in the area they know — close to Kerrisdale, Dunbar, and Cambie — without maintaining a house, and who value having retail, a park, and rapid transit within a short walk.

Professionals who commute downtown or to the airport and want a no-transfer Canada Line connection, trading a car-dependent commute for a train ride.

Longer-term investors watching the Cambie Corridor's continued build-out, though — as with any pre-construction or newly completed property — I'd encourage anyone considering Oakridge Park as an investment to speak with a mortgage professional and tax advisor about financing, presale assignment rules, and holding costs before committing, since no one can guarantee future appreciation or rental demand.

Frequently Asked Questions About Oakridge Park, Vancouver

Is Oakridge Park finished yet?
No. The retail, park, and public portion opened in spring 2025, but several of the residential towers were still under construction or in active sales as of late 2026. Confirm the status of any specific tower before making an offer.

How big is Oakridge Park?
The full site covers about 28 acres and roughly 5 million square feet, with more than 3,000 homes planned alongside office, retail, and park space, according to developer QuadReal.

What transit connects to Oakridge Park?
The Canada Line's Oakridge-41st Avenue Station sits directly on the site, offering a direct train connection to Downtown Vancouver, Richmond, and Vancouver International Airport.

Are new homes at Oakridge Park more expensive than resale condos elsewhere in Vancouver?
It depends on the specific tower and unit. Metro Vancouver's apartment benchmark price was $682,500 in September 2026 per Greater Vancouver REALTORS®, but new-construction pricing at Oakridge Park should be compared unit-by-unit against that regional figure rather than assumed to run higher or lower across the board.

What schools and parks are near Oakridge Park?
Eric Hamber Secondary serves the area for public high school, and Queen Elizabeth Park — Vancouver's second-largest park — borders the neighbourhood to the north.

Thinking About a Home at Oakridge Park?

Oakridge Park is one of the few places in Vancouver right now where you can still buy brand-new construction in a fully built-out, transit-connected neighbourhood rather than waiting years for a presale to break ground. With the retail and park portion already open and a softer overall resale market giving buyers more negotiating room, the next twelve months are a reasonable window to take a serious look — tower by tower, not just at the project as a whole.

If you'd like a clear-eyed read on which towers are still available, what's genuinely finished versus still under construction, and how pricing compares to resale options nearby, I'm happy to walk through it with you. Reach me directly at (778) 960-8269 or schedule a free consultation at stephaniewong.ca/contact.