Property Type: DuplexOwnership: Freehold

1 356 E 40TH AVENUE

Vancouver, BC V5W1L9

$1,949,900

4 bed3 bath1 parking1,571 sqftBuilt 2026
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Duplex
Lot size
33 x 125
Frontage
33 feet

Ownership & Fees

Property type
Duplex
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$3,800 (2024)

Interior

Heating
Radiant heat, Forced air
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
1 — covered indicated
Features
Garage

Listing Information

MLS®
R3118383
Listed
May 1, 2026
Time on market
On the market for 122 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Vancouver · Data source: CREA DDF.

Description

Discover this exceptional, brand-new 3 bed, 3 bath home with a large bonus top floor lounge room, crafted by the multi-award-winning design-build firm VictorEric. Custom-milled for modern living, it features an airy open-concept layout and a beautifully appointed kitchen with premium integrated appliances. Expansive north-facing windows fill the space with natural light, creating seamless indoor-outdoor living for effortless entertaining. Upstairs, well-proportioned bedrooms offer comfort and privacy, complemented by two elegantly finished bathrooms, including the spa-like ensuite. Enjoy elevated West Side living steps to Main Street, boutique shops, cafes, restaurants, QE Park, Oakridge, and the Canada Line. (id:63159)

Values & Trends

This listing

$1,241/sqft

Building average

No other active listings in this building

Vancouver average

$1,102/sqft

419 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Clear

17°C

Clear

Humidity 100%

Wind WNW 13 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

662,248

(2021 Census)

+4.9% since 2016

Density: 5,749.7/km²

Dwellings: 328,347

Median household income: $82,000

After-tax: $72,000

Immigrant population: 42.2%

Top countries of origin (% of total population)

  • China9.6% · 63,270
  • Philippines4.5% · 29,925
  • Hong Kong3.8% · 25,485
  • India2.2% · 14,640
  • United Kingdom1.9% · 12,895
  • Viet Nam1.8% · 12,115
  • Taiwan1.5% · 9,865
  • United States of America1.5% · 9,790

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

30

7/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
John Oliver SecondarySecondary482 m
Sir Wm Van Horne ElementaryElementary691 m
St Andrew's(Independent)Elementary800 m
General Brock ElementaryElementary828 m
Sir Alexander Mackenzie ElementaryElementary866 m
Sir Richard McBride AnnexElementary1.3 km
John Henderson ElementaryElementary1.3 km
General Wolfe ElementaryElementary1.6 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Westbound E 41 Ave @ Prince Edward St132 m
Eastbound E 41 Ave @ Sophia St152 m
Northbound Main St @ E 41 Ave248 m
Westbound E 41st Ave @ Main St251 m
Southbound Main St @ E 39 Ave272 m

Nearby Places

Restaurants (5+)

  • Koon Bo Seafood Restaurant · 5682 Fraser Street598 m
  • New Bhaia Sweet Shop and Restaurant · 5740 Fraser Street605 m
  • Infinity Kitchen · 5744 Fraser Street609 m
  • Dewan-E-Khass609 m
  • Jack's Fish & Chips · 5772 Fraser Street617 m

Cafes (5+)

  • C Market Coffee · 195 East 36th Avenue528 m
  • Green Leaf Bubble Tea · 5756 Fraser Street611 m
  • Boba Monster · 5766 Fraser Street613 m
  • L & G Bubble Tea · 5816 Fraser Street632 m
  • Tim Hortons · Fraser Street665 m

Grocery (2)

  • Thurga Grocery · 6027 Fraser Street728 m
  • Buy-Low Foods · 6095 Fraser Street765 m

Parks (2)

  • Cartier Park380 m
  • MacDonald Park497 m

Gyms (2)

  • Eastside Fitness622 m
  • The Bar Method · 4888 Main Street762 m

Pharmacies (2)

  • Naz's Pharmacy Fraser · 5990 Fraser Street709 m
  • Hello Pharmacy · 4882 Main Street774 m

Banks & ATMs (1)

  • Khalsa Credit Union · 5963 Fraser Street681 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($389,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,559,920.00
Periodic payment — Principal & Interest (monthly)$10,064.07
Additional monthly expenses (strata, tax, utilities, etc.)$395.67
Total monthly cost$10,459.74
Interest paid over 5-yr term$447,077.56
Balance at end of term$1,403,153.09

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$389,980
Stress test qualifying rate8.09%
Payment you must qualify for$11,995.24

Cash Needed at Closing

Minimum down payment$389,980
Estimated BC PTT$36,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$428,478

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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