Property Type: Detached HouseOwnership: Freehold

469 W 40 AVENUE

Vancouver, BC V5Y2R5

$3,180,000

6 bed6 bath2 parking3,927 sqftBuilt 1989
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
6,437.6 square feet
Frontage
52 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$14,463.6 (2026)

Interior

Basement
Finished, Crawl space, Unknown
Heating
Radiant heat, Hot Water
Fireplace
Yes (3)

Parking

Total spaces
2 — covered indicated
Features
Garage

Listing Information

MLS®
R3158100
Listed
August 24, 2026
Time on market
On the market for 7 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Claridge Real Estate Advisors Inc. · Data source: CREA DDF.

Description

Excellent Vancouver West side-Oakridge/Cambie location. Existing house was built 36 years ago & contains 3927 SF living area with a total of 5 bedrooms (3 ensuites) & 5.5 bathrooms. Ensuite bedroom on main floor. 2-car garage with lane access. Bright front yard south facing. One bedroom, one full bathroom and a big rec room with separate entrance in basement; it can be easily turned into a 1-bedroom suite. Just half block to Cambie St / 1 block to 41st Cambie Skytrain station / Oakridge Mall - first class food court / luxurious shops. Designated TOA tier 1 area for redevelopment (potential 20-storey building with neighbours). School catchments: Sir William Van Horne Elementary/Eric Hamber Secondary. Renovate, move-in and hold for future redevelopment opportunity. Best value in town. (id:63159)

Values & Trends

This listing

$810/sqft

Building average

No other active listings in this building

Vancouver average

$1,166/sqft

1216 active listing(s)

Parking: 2 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

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

SchoolTypeDistance
King David High School(Independent)Secondary583 m
Rose-des-ventsElementary624 m
Secondaire Jules-VerneK-12624 m
Sir Wm Van Horne ElementaryElementary664 m
Dr Annie B Jamieson ElementaryElementary919 m
Johnathan Academy(Independent)Secondary932 m
Eric Hamber SecondarySecondary1.0 km
General Brock ElementaryElementary1.3 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

StopTypeDistance
Northbound Cambie St @ W 40 Ave74 m
Southbound Cambie St @ W 41 Ave106 m
Oakridge-41st Avenue Station @ Platform 1136 m
Oakridge-41st Ave Station @ Bay 3146 m
Oakridge-41st Avenue Station @ Platform 2147 m

Nearby Places

Restaurants (5+)

  • Bonjour Banh Mi · 5556 Cambie Street63 m
  • Hello Nori · 650 West 41st Avenue264 m
  • Ash Street Bistro293 m
  • Kamura Sushi · 5888 Cambie Street305 m
  • España330 m

Cafes (5+)

  • Starbucks · 5504 Cambie Street90 m
  • Feast & Fallow · 305 West 41st Avenue222 m
  • Mello Donuts360 m
  • Boba Run365 m
  • Beaucoup Bakery Cafe371 m

Grocery (1)

  • Safeway443 m

Parks (2)

  • Columbia Park408 m
  • Queen Elizabeth Park751 m

Shopping (1)

  • Oakridge Park · 650 West 41st Avenue424 m

Gyms (1)

  • Oakridge Physiotherapy Centre · 6317 Cambie Street786 m

Pharmacies (1)

  • yYoung Pharmacy · 5570 Cambie Street60 m

Banks & ATMs (5+)

  • BMO55 m
  • CIBC95 m
  • TD · 511 West 41st Avenue154 m
  • RBC · 583 West 41st Avenue199 m
  • Scotiabank · 650 West 41st Avenue247 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($636,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,544,000.00
Periodic payment — Principal & Interest (monthly)$16,413.02
Additional monthly expenses (strata, tax, utilities, etc.)$1,401.30
Total monthly cost$17,814.32
Interest paid over 5-yr term$729,117.71
Balance at end of term$2,288,336.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$636,000
Stress test qualifying rate8.09%
Payment you must qualify for$19,562.47

Cash Needed at Closing

Minimum down payment$636,000
Estimated BC PTT$77,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$714,500

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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