Buying at 5211 Grimmer Street
9 units at Oakterra have sold since 2020 at a median of $551,000, achieving 99.7% of asking in about 17 days. Here is what that means for what you will pay — and what to read before you offer.
Sellers here are achieving list price, so plan on paying asking rather than negotiating a discount.
What you will pay, by size
Sold figures are what buyers actually paid across all 9 sales. Asking is what is listed today — nothing at the moment.
| Type | Sold avg | Sold range | Asking now |
|---|---|---|---|
| 1 bedroom · ~631 sq ft | $501,400 | $452K – $610K | — |
| 2 bedroom · ~795 sq ft | $651,875 | $551K – $730K | — |
What to read before you offer
Whether Oakterra is a good building to buy into is decided by its documents, not its listing photos. These are the ones that matter, and what each is for.
Saeed Farahani obtains and reviews these with you as part of representing you on a purchase.
Common questions
Is Oakterra a good building to buy in?
No one can answer that honestly from the listing alone — it depends on what the documents say. The market record is a starting point: 9 units have sold here since 2020 at a median of $551,000, averaging 17 days on market and 99.7% of asking. What decides it is the strata minutes, the depreciation report and the Form B — whether work is approved but not yet levied, how healthy the contingency fund is, and whether the current fee reflects real costs. Saeed Farahani obtains and reviews those documents with you before you write an offer.
How much can I negotiate at Oakterra?
Not much. Units at Oakterra have sold at 99.7% of asking in about 17 days, which means sellers are generally achieving list price. Budget for paying asking rather than planning a discount, and be ready to move quickly.
What do units at Oakterra actually sell for?
9 sales since 2020, from $452,000 to $730,000, median $551,000. By size: 1-bed $501,400, 2-bed $651,875. That works out to about $805 per square foot. Asking prices on current listings are a separate question — what sold is what the market paid.
What is for sale at Oakterra right now?
Nothing is listed at Oakterra at the moment. Saeed can set up an alert so you hear about a listing here before it reaches the portals.
What amenities does Oakterra have?
Amenities, bylaws and strata details for Oakterra are set out in full on the building page, alongside current listings. This page covers the buying decision rather than repeating them.
Figures are drawn from recorded MLS® sales and current listings at Oakterra (BCS3628) from 2020 onward and describe the building, not any individual home. Nothing here is a substitute for reviewing the strata documents. See amenities, bylaws and current listings →
Why work with Saeed
Real estate expertise you can count on — reach out any time.