Property Type: Detached HouseOwnership: Freehold

3491 W 40TH AVENUE

Vancouver, BC V6N3B5

$4,280,000

4 bed5 bath4 parking3,749 sqftBuilt 1996
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Property Details

Property & Lot

Sub-type
House
Style
2 Level
Lot size
6,254 square feet
Frontage
61.7 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$17,875.5 (2026)

Interior

Basement
Full, Unknown, Unknown
Heating
Forced air
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)
Appliances
All

Exterior & Lot

Lot features
Central location

Building

Security
Security system, Smoke Detectors
Parcel ID (PID)
003-149-145

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R3155819
Listed
August 14, 2026
Time on market
On the market for 17 days
Tax assessment year
2026
Data last synced
August 31, 2026

Listing provided by: RE/MAX Crest Realty · Data source: CREA DDF.

Description

Extensively renovated and thoughtfully updated, this beautiful Dunbar home offers a rare combination of space, privacy and quality. A corner property with a south-facing entrance, it features a warm West Coast-inspired interior blending natural wood tones with crisp white finishes. The main level offers 3 bedrooms, each with its own ensuite, ideal for family living. The lower level includes an additional bedroom, full bath, wet bar, wine cellar and ample storage. Comprehensive upgrades include kitchen cabinetry, appliances, bathrooms, lighting, windows and Hunter Douglas window coverings. Situated on a quiet, tree-lined street in sought-after Dunbar, close to schools, shopping, parks and everyday amenities. A wonderful opportunity for comfortable West Side living. (id:63159)

Values & Trends

This listing

$1,142/sqft

Building average

No other active listings in this building

Vancouver average

$1,165/sqft

1216 active listing(s)

Parking: 4 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

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

41

5/9 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
Crofton House(Independent)K-12451 m
Kerrisdale AnnexElementary493 m
Kerrisdale ElementaryElementary529 m
Southlands ElementaryElementary1.2 km
Immaculate Conception School(Independent)Elementary1.4 km
Lord Kitchener ElementaryElementary1.6 km
St. George's School(Independent)K-121.8 km
St Regis Secondary School(Independent)Elementary1.8 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
Eastbound W 41 Ave @ Collingwood St132 m
Westbound W 41 Ave @ Collingwood St133 m
Dunbar Loop @ Bay 7225 m
Dunbar Loop @ Bay 6266 m
Southbound Dunbar St @ W 39 Ave268 m

Nearby Places

Restaurants (3)

  • Crêpe & Café · 3500 West 41st Avenue145 m
  • Red Tuna246 m
  • Pink Elephant Cafe · 5601 Dunbar Street274 m

Grocery (2)

  • Save-On-Foods · 3535 West 41st Avenue172 m
  • H-Mart · 5557 Dunbar Street274 m

Parks (1)

  • Malkin Park · 6001 Balaclava Street560 m

Gyms (1)

  • J. Li Pilates Studio · 2989 West 41st Avenue670 m

Pharmacies (1)

  • Southland Pharmacy187 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($856,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,424,000.00
Periodic payment — Principal & Interest (monthly)$22,090.49
Additional monthly expenses (strata, tax, utilities, etc.)$1,676.63
Total monthly cost$23,767.11
Interest paid over 5-yr term$981,328.24
Balance at end of term$3,079,899.07

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$856,000
Stress test qualifying rate8.09%
Payment you must qualify for$26,329.36

Cash Needed at Closing

Minimum down payment$856,000
Estimated BC PTT$132,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$989,500

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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