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Building & Condo information

Terraces at Oak Park

7555 Oak St

Vancouver East, V0V 0V0 VVESV - South Vancouver

Official Website: Marketers Website: Developers Website:
  • Levels: 3
  • Suites: 31
  • Status: Under Construction
  • Bldg#: 15296

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Building Info

Terraces at Oak Park - 7555 Oak Street, Vancouver, BC V0V 0V0, Canada. Crossroads are Oak Street and West 59th Avenue. Terraces at Oak Park is comprised of 31 City Homes across five stylishly-designed buildings. Each townhome-style unit has its own private, exterior entrance. Finely-crafted one, two, and three-bedroom City Homes, styled with designer features including: quartz countertops, contemporary kitchen packages, stainless steel appliances, and custom laminate flooring. Estimated completion in November 2021. Developed by Vanwell Homes.

At Terraces at Oak Park, location is key. The current redevelopment along the South Oak corridor brings a vibrant, bustling, and growing community featuring numerous parks, shops, and restaurants all located within walking distance or easily accessible by public transit. And, schools including Sir Wilfred Laurier Elementary and Sir Winston Churchill Secondary are just blocks away.

Sales Centre:
Official Website:
Phone: Polly Chui (604 - 1380) Fred Moy (830 - 3938)
Sales Address: 5771 Oak Street (at West 42nd Avenue) from 12:30pm – 5pm, closed on Fridays

Terraces at Oak Park Technical Info

Building Name Terraces at Oak Park
Address 7555 Oak St
City Vancouver East
Neighborhood South Vancouver
Listing Price Range N/A
Floors 3
Units in Development: 31
Units in Strata:31
Year Built 0000
Developer Vanwell Homes Ltd.
Official Website terracesatoakpark.
Restrictions Details

Terraces at Oak Park Building & Common Area Photos

Exterior - 7555 Oak St, Vancouver, BC V0V 0V0, Canada
Exterior - 7555 Oak St, Vancouver, BC V0V 0V0, Canada
Kitchen - 7555 Oak St, Vancouver, BC V0V 0V0, Canada
Bathroom - 7555 Oak St, Vancouver, BC V0V 0V0, Canada

Complex Site Map (Click image to enlarge)


Complex Site Map (Click image to enlarge)


Terraces at Oak Park Videos


Terraces at Oak Park Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex/Area

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  3. C Cambria - 6677 CAMBIE STREET -
  4. D Cambria - 6633 NORTH CAMBIE STREET -
  5. E Montgomery - 950 West 43rd AVE -
  6. F Elizabeth - 4867 Cambie STREET - EPP22091
  7. G Picasso Collection at Galleria - 8671 Hazelbridge WAY -
  8. H Fiorella - 3699 Sexsmith RD -
  9. I Cambie Station - 4128 Ash ST -
  10. J Edward By Mosaic - 388 WEST KING EDWARD AVENUE -
  11. K Main Street - 4118 Main STREET - VAP1439
  12. L River Green - 5111 Hollybridge AVE -
  13. M Eldorado - 2300 Kingsway AVE - BCP36569
  14. N Fusion - 3715 Commercial AVE -
  15. O Oval Gardens - 6511 NO 2 ROAD -
  16. P Latitude - 3485 Victoria DRIVE - EPS1252
  17. Q Tigris Garden - 9780 GENERAL CURRIE ROAD -
  18. R Paradigm - 3430 East Kent AVE -
  19. S Paris Annex - 47 West Hastings STREET - BCS3221
  20. T 60 W. Cordova - 60 West Cordova STREET -
  21. U Boheme - 1588 HASTINGS STREET -
  22. V Magnolia Grove - 10525 240 STREET -
  23. W Magnolia Grove - 10525 240TH STREET -
  24. X District 1452 - 1452 MCGILL ROAD - KAP90415
  25. Y Orion - 19106 MCMYN ROAD -
  26. Z Fremont Emerald - 2393 RANGER LANE - BCP50150
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May 2020 Market Insights

BCREA Housing Market Update (June 2020)

Province May sales were down 45% compared to May 2019. Listings are down 10% year-over-year.

Market Insights April 2020

April Sales in COVID-19 time were down 40% from same period last year. Listings were also down by 60% from the same period last year.

BCREA Housing Market Update (May 2020)

Sales across BC fell 50% in April. Listing are down by 43%

March 2020 Market Insights

March sales were up 46% above last year. Listings are down 35% from last year

Real Estate Related News Articles(Sun and Province) Search News  

# Article Publish Date Source
1 Conference Board of Canada foreseeable outlook for Canadian Real Estate economy

The Board’s Canadian Outlook Summary: Summer 2020, in contrast to projections made by institutions like the Canadian Mortgage and Housing Corporation, predicts less dramatic declines in housing prices, but its remaining insights track closely with projections that see the damage done to Canada’s economy at the hands of COVID-19 lingering well into 2021.

Conference Board releases mid-term outlook for Canadian real estate, economy #
2020/07/11 Mortgage Broker News
2 CRA’s eyeing tax audit for Canadian property transaction in the US

A Canadian taxpayer who is reassessed through this audit can face substantial tax penalties on top of interest, not to mention the professional and legal fees required to respond and object to the audit. There is also a possibility of prosecution for tax fraud or tax evasion. This article will break down the typical issues that could come up in a tax audit of undeclared real estate property or unreported real estate transactions.

CRA’s tax audit of U.S. real estate transactions #LesTwarog
2020/07/10 REM
3 Prices steady as resale home sales increase Metro Vancouver's June housing sales up month-over-month and 17 per cent above June 2019 with prices higher than a year ago

The total number of homes currently listed for sale on the MLS system in Metro Vancouver is 11,424. That's 23.7 per cent down from the 14,968 homes that were listed for sale in June 2019, but up 15.1% per cent from the 9,927 listed properties in May 2020.


For all property types, the sales-to-active listings ratio for June 2020 was 21.4 per cent. By property type, the ratio is 19.9 per cent for detached homes, 25.2 per cent for townhomes, and 21.3 per cent for apartments. Real estate insiders tend to describe the market as a “buyers’ market” when the sales-to-active-listings ratio is less than 12 per cent, and a “sellers’ market” when that ratio is above about 20 per cent for several months in a row.


Sales of detached homes in June reached 866, up 16.1 per cent from the 746 detached sales recorded in June 2019. The benchmark price for a detached home was $1,464,200, up 3.6 per cent from June 2019, and up 0.5 per cent from May 2020.

Prices steady as resale home in Metro Vancouver housing sales on June-Q2, incr
2020/07/08 Western Investor
4 RE/MAX: COVID-19 can’t slow demand in Toronto real estate market

COVID-19 has not significantly deterred buyers in Toronto due to the market-friendly monetary and fiscal conditions driven by the federal government and the Bank of Canada, according to a RE/MAX analysis.

While employment levels have fluctuated and businesses have placed themselves on hold over the last few months, “at the same time, there has been sustained activity in the number of buyers compared to available listings,” RE/MAX said. “This is one of the chief factors in supporting price growth relative to last year’s pace, despite shifting market conditions.”

RE/MAX: amidst the Pandemic Toronto Real estate market is growing #LesTwarog
2020/07/08 Mortgage Broker News
5 CoreLogic launches AI driven platform for real estate agents

CoreLogic said that OneHome streamlines communication between agents and home buyers during the purchase process, while also providing access to financing, insurance and home improvement providers.

OneHome streamlines communication between agents and home buyers #LesTwarog
2020/07/07 other
More News