437 W 40TH AVENUE
Vancouver, BC V5Y2R5
$2,990,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 6,313.8 square feet
- Frontage
- 51 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $12,976 (2025)
Interior
- Heating
- Forced air, Natural gas
- Fireplace
- Yes (1)
Parking
- Total spaces
- 2 — covered indicated
- Features
- Garage
Listing Information
- MLS®
- R3137557
- Listed
- June 18, 2026
- Time on market
- On the market for 74 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Sutton Group - Vancouver First Realty · Data source: CREA DDF.
Description
Attention Builders, Investors, and End Users! Exceptional opportunity in the highly sought-after Queen Blizabeth Park neighbourhood. Situated on a sunny south-facing, high-side level lot, this well-maintained family home offers tremendous potential to live, hold, renovate, or build. Prime West Side location just steps to the brand new Oakridge Park, parks, schools, and amenities. Enjoy convenient access to the Canada Line with direct connections to Downtown Vancouver, Richmond, and YVR Airport. Located on a quiet, tree-lined street surrounded by quality homes in one of Vancouver's most desirable communities. Rare opportunity in a prestigious neighbourhood. (id:63159)
Values & Trends
This listing
$1,412/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
70
8/9 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 |
|---|---|---|
| Sir Wm Van Horne Elementary | Elementary | 620 m |
| King David High School(Independent) | Secondary | 630 m |
| Secondaire Jules-Verne | K-12 | 670 m |
| Rose-des-vents | Elementary | 670 m |
| Dr Annie B Jamieson Elementary | Elementary | 941 m |
| Johnathan Academy(Independent) | Secondary | 980 m |
| Eric Hamber Secondary | Secondary | 1.0 km |
| General Brock 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 |
|---|---|---|
| Northbound Cambie St @ W 40 Ave | — | 122 m |
| Oakridge-41st Ave Station @ Bay 3 | — | 140 m |
| Southbound Cambie St @ W 41 Ave | — | 154 m |
| Oakridge-41st Avenue Station @ Platform 1 | — | 170 m |
| Oakridge-41st Avenue Station @ Platform 2 | — | 184 m |
Nearby Places
Restaurants (5+)
- Bonjour Banh Mi · 5556 Cambie Street110 m
- Hello Nori · 650 West 41st Avenue301 m
- Kamura Sushi · 5888 Cambie Street317 m
- Ash Street Bistro338 m
- España361 m
Cafes (5+)
- Starbucks · 5504 Cambie Street128 m
- Feast & Fallow · 305 West 41st Avenue181 m
- Mello Donuts389 m
- Boba Run394 m
- Beaucoup Bakery Cafe401 m
Grocery (1)
- Safeway462 m
Parks (2)
- Columbia Park383 m
- Queen Elizabeth Park741 m
Shopping (1)
- Oakridge Park · 650 West 41st Avenue455 m
Gyms (1)
- Oakridge Physiotherapy Centre · 6317 Cambie Street793 m
Pharmacies (1)
- yYoung Pharmacy · 5570 Cambie Street109 m
Banks & ATMs (5+)
- BMO103 m
- CIBC132 m
- TD · 511 West 41st Avenue193 m
- RBC · 583 West 41st Avenue241 m
- Scotiabank · 5812 Cambie Street276 m
Nearby places data: © OpenStreetMap contributors.
School district: Vancouver (SD39)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($598,000) — 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.





