1239 W 40TH AVENUE
Vancouver, BC V6M1V3
$7,980,000
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 8,418.4 square feet
- Frontage
- 68 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $39,568.77 (2025)
Interior
- Basement
- Finished, Full, Unknown
- Heating
- Radiant heat, Hot Water
- Cooling / A/C
- Air Conditioned
- Fireplace
- Yes (1)
Parking
- Total spaces
- 4 — uncovered indicated
- Features
- Other
Listing Information
- MLS®
- R3151385
- Listed
- July 30, 2026
- Time on market
- On the market for 32 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Royal Pacific Realty (Kingsway) Ltd. · Data source: CREA DDF.
Description
Situated in prestigious Shaughnessy, this striking 2021 custom-built contemporary residence was designed by renowned Vancouver architect Loy Leyland and crafted as the builder's own home with uncompromising standards. Offering 5,920 SQFT of refined living space, the home features soaring 11' ceilings on the main and lower levels and 9' above, creating grand scale and natural light. Premium European finishes define the interior, including solid hardwood flooring, large-format marble slabs, and imported custom cabinetry. The chef's kitchen is equipped with top-tier Gaggenau and Miele appliances. German-engineered glazing enhances both performance and architectural presence. Fully integrated smart home control for lighting, motorized curtains, and security gate. Rare four-car garage. (id:63159)
Values & Trends
This listing
$1,348/sqft
Building average
—
No other active listings in this building
Vancouver average
$1,165/sqft
1216 active listing(s)
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.
Detached (House) Market Stats — Vancouver
Monthly figures from the Fraser Valley Real Estate Board for Vancouver detached (house)listings — not specific to this property.
MLS® HPI Benchmark Price
$2,303,200
Jul 2026
Average Sale Price
$2,623,974
Jul 2026
Monthly Sales
131
Jul 2026
Active Listings
1,316
Jul 2026
Sales-to-Active Ratio
10.0%
Jul 2026
Median Days to Contract
27 days
Jul 2026
MLS® HPI Benchmark Price
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
15°C
Clear
Humidity 100%
Wind NW 5 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
26
4/9 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
| School | Type | Distance |
|---|---|---|
| Vancouver College(Independent) | K-12 | 197 m |
| Sir William Osler Elementary | Elementary | 452 m |
| Johnathan Academy(Independent) | Secondary | 488 m |
| Secondaire Jules-Verne | K-12 | 789 m |
| Rose-des-vents | Elementary | 789 m |
| Eric Hamber Secondary | Secondary | 793 m |
| King David High School(Independent) | Secondary | 821 m |
| Dr Annie B Jamieson Elementary | Elementary | 1.3 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
| Stop | Type | Distance |
|---|---|---|
| Westbound W 41 Ave @ Selkirk St | — | 134 m |
| Eastbound W 41 Ave @ Selkirk St | — | 152 m |
| Westbound W 41 Ave @ Cartier St | — | 267 m |
| Westbound W 41 Ave @ Oak St | — | 364 m |
| Eastbound W 41 Ave @ Granville St | — | 372 m |
Nearby Places
Restaurants (4)
- Shaughnessy Restaurant · 5251 Oak Street469 m
- Grand Honour · 5701 Granville Street476 m
- Tao's Kitchen · 5701 Granville Street482 m
- Kyuzo Japanese Restaurant · 5701 Granville Street487 m
Cafes (3)
- Cafe FortyOne · 5750 Oak Street459 m
- Yee Cafe · 5701 Granville Street489 m
- The Garden Café at VanDusen593 m
Parks (2)
- Montgomery Park507 m
- Oak Meadows Park669 m
Banks & ATMs (2)
- RBC Royal Bank · 5688 Granville Street421 m
- Scotiabank · 1576 West 41st Avenue550 m
Nearby places data: © OpenStreetMap contributors.
School district: Vancouver (SD39)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($1,596,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.