A proposal for a new condo tower in the Oakridge neighbourhood of Vancouver is now in the pipeline, according to a new rezoning application published by the City this week.
The subject site is 5680 Oak Street, a square site at the northeast corner of the intersection with West 41st Avenue, directly adjacent to the Oakridge Transit Centre site that Grosvenor is redeveloping into the Mayfair West master-planned community.
5680 Oak Street is currently occupied by a Petro-Canada gas station and a 7-Eleven. The rezoning application makes no mention of the owner, but the property is owned by Suncor Energy Inc., which owns Petro-Canada, according to the Land Owner Transparency Registry. BC Assessment values the property at $7,990,200 in an assessment dated to July 1, 2025.
Suncor also has an active rezoning application for 1743 Burrard Street in Vancouver, another Petro-Canada gas station. It’s unclear if Suncor intends to follow through on their proposals, or if they just intend to secure entitlements and then dispose of the properties. Both applications were submitted on behalf of Suncor by JTA Development Consultants, who identify themselves in both applications as the Development Manager, with MCMP Architects as the architect.
5680 Oak Street in Vancouver and its surrounding context. (MCMP Architects)
The application is seeking to rezone the site from C-1 (Commercial) to CD-1 (Comprehensive Development) under the Cambie Corridor Plan. It also seeks an amendment of the Vancouver Official Development Plan, changing the generalized land use designation from Mixed-Use Mid-Rise to Mixed-Use High-Rise 1.
The proposal is for a 26-storey mixed-use tower that would reach a maximum height of 281 feet with a density of 10.92 FSR. The project would include 193 strata residential units with a suite mix of one studio unit, 93 one-bedroom units, 48 two-bedroom units, and 51 three-bedroom units. Average unit sizes are 492 sq. ft, 581 sq. ft, 820 sq. ft, and 981 sq. ft, respectively.
The rezoning application notes that, under the Cambie Corridor Plan, the tower floor plate guideline is 6,500 sq. ft, and that the proposed tower has a floor plate of 7,000 sq. ft, saying that “the site-specific conditions allow for a slightly larger floor plate without compromising tower separation or the reasonable development potential of adjacent sites” in this instance.
The residential component would sit above 4,070 sq. ft of retail space. There are no minimum parking requirements in the City of Vancouver now, but the proposal nonetheless includes 143 vehicle parking spaces along with 407 bicycle parking stalls. The building would have a five-level underground parkade.
Ground-level renderings of the tower proposed for 5680 Oak Street in Vancouver. (MCMP Architects)
“Situated within the Oakridge Municipal Town Centre, along the main arterial of West 41st Avenue, the site is a strong location for high-rise condominium living,” the rezoning application states. “Its close proximity to Cambie Street and a Sky Train station creates a highly urban context with access to major commercial destinations, public amenities, transit, and cycling routes, while nearby schools, parks, and recreation facilities support family living.”
“The proposal represents an important contribution to the evolution of the Cambie Corridor Plan, aligning with Vancouver's broader goals for increased urban density, sustainability, transit-oriented growth, and community activation,” the applicants stated elsewhere in the application. “The development will introduce a thoughtfully scaled 26-storey residential condominium tower that integrates into the surrounding high-density urban fabric.”
As for the architecture, the application states that the design is “contemporary yet understated” and makes use of “earthy materiality that complements the future towers around the site.” It also notes that “the project is defined through two distinct yet connected grid systems: one for the tower and one for the podium,” with the two grids establishing cohesion between the two components.
After publishing the rezoning application on Tuesday, the City of Vancouver will be holding the Q&A period for the proposal from Wednesday, December 2 to Tuesday, December 15.
