Property Type: Detached HouseOwnership: Freehold

2177 E 40TH AVENUE

Vancouver, BC V5P1J4

$2,780,000

10 bed8 bath3 parking3,838 sqftBuilt 2018
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Style
2 Level
Lot size
4,620 square feet
Frontage
33 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$10,787.6 (2025)

Interior

Basement
Full, Separate entrance, Unknown
Heating
Radiant heat
Cooling / A/C
Air Conditioned
Fireplace
Yes (2)
Appliances
All, Oven - Built-In

Exterior & Lot

View
View
Lot features
Central location

Building

Parcel ID (PID)
013-711-725

Parking

Total spaces
3 — covered indicated
Features
Garage, Tandem

Listing Information

MLS®
R3110502
Listed
April 13, 2026
Time on market
On the market for 140 days
Tax assessment year
2025
Data last synced
August 31, 2026

Listing provided by: Sutton Group-West Coast Realty · Data source: CREA DDF.

Description

FIRST Owner; EXECUTIVE Family Home with LANEWAY on quiet tree-lined Victoria Drive neighbourhood. Expansive 33 x 140 ; 4,620 SF LOT. Deluxe 10 BED; 8 BATH; & 3 KITCHENS! Features : A/C & HRV, H/W on-demand, radiant heat, modern neutral tone finishings throughout, high ceilings, MAIN Floor Bedrm with Full Bath, gourmet kitchen, s/s appliance set, ABOVE 4 Bed 3 Bath, City & Mountain VIEW Master Bedrm, w/i closet with luxurious 5p Ensuite, Jack&Jill Ensuite, BSMT 2 Bed 1 Bath Rental Suite, plus Potential 1 Bed 1 Bath Suite with 2 separate independent entry, 2 Bed 2 Bath LANEWAY HOUSE, Single Garage + Tandem 2 Parking Gated Carpad. Cunningham Elementary & Gladstone Secondary school catchment. Victoria Drive restaurants, banks, & healthcare. *Showing by Appointment only: Sunday August 30, 12:30 to 2pm* (id:63159)

Values & Trends

This listing

$724/sqft

Building average

No other active listings in this building

Vancouver average

$1,166/sqft

1216 active listing(s)

Parking: 3 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.

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

$2,657,400
$2,280,700
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

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

48

6/9 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
Tecumseh ElementaryElementary478 m
G T Cunningham ElementaryElementary482 m
Tecumseh AnnexElementary859 m
Corpus Christi School(Independent)Elementary869 m
Waverley ElementaryElementary883 m
John Norquay ElementaryElementary1.2 km
Sir Sandford Fleming ElementaryElementary1.4 km
Dr George M Weir ElementaryElementary1.4 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 @ Gladstone St133 m
Eastbound E 41 Ave @ Gladstone St164 m
Northbound Victoria Dr @ E 41 Ave232 m
Eastbound E 41 Ave @ Victoria Dr239 m
Southbound Victoria Dr @ E 38 Ave260 m

Nearby Places

Restaurants (5+)

  • I Love Yao Yen Kitchen & Cafe Delicious Restaurant · 5550 Victoria Drive199 m
  • Sumi Korean Restaurant · 5628 Victoria Drive207 m
  • Happy Sushi · 5632 Victoria Drive209 m
  • Yoshida Sushi · 5589 Victoria Drive231 m
  • Dalat Vietnamese Cuisine · 5497 Victoria Drive231 m

Cafes (4)

  • Tim Hortons · 5698 Victoria Drive238 m
  • Starbucks239 m
  • El Caracol Mexican Cafe · 5190 Victoria Drive415 m
  • Hoi An Cafe · 5002 Victoria Drive554 m

Grocery (5+)

  • Osoyoos Produce · 5723 Victoria Drive304 m
  • K Goods Produce · 5733 Victoria Drive317 m
  • Doli Supermarket394 m
  • Consumer Food Market446 m
  • JJ Sri Lankan Store · 5125 Victoria Drive487 m

Parks (2)

  • Jones Park · 5350 Commercial Street382 m
  • Tecumseh Park724 m

Pharmacies (3)

  • Low-cost Western Pharmacy · 5579 Victoria Drive229 m
  • Healthside Pharmacy · 5448 Victoria Drive235 m
  • London Drugs · 5639 Victoria Drive292 m

Banks & ATMs (5+)

  • Vancity · 5672 Victoria Drive218 m
  • BMO · 5710 Victoria Drive266 m
  • CIBC285 m
  • CIBC · 5705 Victoria Drive298 m
  • Bitcoin ATM Localcoin · 5723 Victoria Drive311 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($556,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,224,000.00
Periodic payment — Principal & Interest (monthly)$14,348.49
Additional monthly expenses (strata, tax, utilities, etc.)$1,090.97
Total monthly cost$15,439.46
Interest paid over 5-yr term$637,404.79
Balance at end of term$2,000,495.19

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$556,000
Stress test qualifying rate8.09%
Payment you must qualify for$17,101.78

Cash Needed at Closing

Minimum down payment$556,000
Estimated BC PTT$61,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$618,900

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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