2987 W 40TH AVENUE
Vancouver, BC V6N3B3
$4,988,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 4,257 square feet
- Frontage
- 33 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $17,364.8 (2025)
Interior
- Basement
- Finished, Unknown, Unknown
- Heating
- Heat Pump, Solar
- Fireplace
- None
Exterior & Lot
- View
- View
Parking
- Total spaces
- 2 — covered indicated
- Features
- Garage
Listing Information
- MLS®
- R3150386
- Listed
- July 28, 2026
- Time on market
- On the market for 35 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.
Description
A rare opportunity to own one of Kerrisdale's most exceptional modern homes. This CHBA-certified Net-Zero residence blends award-winning Habihaus Studios with Scandinavian architecture, refined interiors by Form Collective & exceptional craftsmanship by Moment Construction. Offering an impressive 3550 SF-including an exceptionally rare 500 SF of additional living area achieved through its innovative Net-Zero design-the home features 6 BDRMS, 5 BTHRMS, soaring 10' ceilings, bespoke millwork, oversized triple-pane windows, A/C, HRV, a 12.74kW solar array, integrated Sonos, legal 2-BDRM suite & EV-ready 2-car garage. No GST. A remarkable blend of luxury, sustainability & architectural excellence in one of Vancouver's most coveted neighbourhoods. Call for a private viewing. (id:63159)
Values & Trends
This listing
$1,395/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
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
22
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 |
|---|---|---|
| Kerrisdale Elementary | Elementary | 152 m |
| Crofton House(Independent) | K-12 | 284 m |
| Kerrisdale Annex | Elementary | 471 m |
| St Regis Secondary School(Independent) | Elementary | 1.1 km |
| Point Grey Secondary | Secondary | 1.4 km |
| Quilchena Elementary | Elementary | 1.5 km |
| Prince Of Wales Secondary | Elementary | 1.6 km |
| Trafalgar Elementary | Elementary | 1.7 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 |
|---|---|---|
| Eastbound W 41 Ave @ Carnarvon St | — | 140 m |
| Westbound W 41 Ave @ Carnarvon St | — | 148 m |
| Eastbound W 41 Ave @ Carnarvon St | — | 160 m |
| Westbound W 41 Ave @ Mackenzie St | — | 169 m |
| Westbound W 41 Ave @ Carnarvon St | — | 175 m |
Nearby Places
Restaurants (3)
- Crêpe & Café · 3500 West 41st Avenue726 m
- Lok's Chinese Restaurant · 2436 West 41st Avenue783 m
- Minerva's · 2411 West 41st Avenue791 m
Cafes (1)
- Cathy's · 5687 Balsam Street798 m
Parks (2)
- Malkin Park · 6001 Balaclava Street550 m
- Elm Park696 m
Gyms (1)
- J. Li Pilates Studio · 2989 West 41st Avenue107 m
Nearby places data: © OpenStreetMap contributors.
School district: Vancouver (SD39)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($997,600) — 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.