4088 W 40th Ave, Vancouver, BC, MLS® R2833699

$3,180,000
Est. Mortgage /mo

Closed

$2,950,000
Closed at 30 Apr 2024
Listing price: $3,180,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
3 Beds
2 Baths
2 Stories
lot 5824 sqft
2515 sqft
1949 built
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Map
Street view
Schools
Crime
Commute
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4088 W 40th Ave, Vancouver, BC | MLS® R2833699 Property Details

Developer/investor alert! Vancouver Multiplex Plan! Rarely available well maintained 2 level home on a (52 X 112 = 5824 sqft) flat lot with a back lane. Sunny south facing backyard. No big trees & no oil tank on the property. Main floor has 2 bedrooms, living room, dining room, kitchen, and a sundeck in the back. Lower floor has a recreation room, a storage room as well as a studio suite with separate entrance. New furnace (2022) and A/C system (2022). Excellent location. Close to UBC, Southlands Elementary School, St. George's private school, Crofton House private school, Point Grey Secondary School, SW Marine drive, Kerrisdale, Pacific Spirit Park, golf courses, shopping, and transit. This is your perfect building lot / holding property in the prestigious Vancouver Westside Dunbar area!

General Info

Price $3,180,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2515
Lot Size 5824
Lot Size Depth Feet
Lot Size Frontage 52
Basement Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1949
Age Of Building 75
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2833699
Area Vancouver West
Neighbourhood Dunbar
City Vancouver
Gross Taxes $9,729.69
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 2
Heating Type Natural Gas, Wood
Cooling Air Conditioning

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Single, Lane Access
Total Parking Spaces 1

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Strata Restrictions -
Rental Restrictions -
Zoning RS-5
Rental Suites Unauthorized Suite
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX Crest Realty & RE/MAX Crest Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Secondary
Point Grey Secondary School
3.17 km
Elementary
Southlands Elementary School
Average
0.3 km
5.7/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
St George's School
1.36 km
10/10
Excellent
Elementary, Secondary
St George's School
1.36 km
10/10
Excellent

Closest Transit

Bus Stop
Westbound SW Marine Dr @ Camosun St
0.09 km
Skytrain
Skytrain @ Yvr-Airport Stn
4.78 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

4088 W 40th Avenue is serviced by Southlands Elementary School. The property with listing MLS® R2833699 is located 0.3 km from the school. Southlands Elementary School has a rating of Rating 5.7/10.

This home with address 4088 W 40th Avenue, Vancouver, BC is also serviced by Point Grey Secondary School and located 3.17 km from it. Point Grey Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 4088 W 40th Avenue is St George's School with School's rating Rating 10/10, located 1.36 km from this home.

The closest to this address 4088 W 40th Avenue Secondary independent school is St George's School with School's rating Rating 10/10, located 1.36 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 4088 W 40th Avenue, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS® R2833699 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 4088 W 40th Avenue are Above Average. Property misconduct rating adjacent to MLS® R2833699 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Westbound SW Marine Dr @ Camosun St in 0.09 km away from this listing with - MLS® R2833699.

56% of people with university certificate/degree live in this neighbourhood adjacent to the 4088 W 40th Avenue which is High in comparison with other BC neighbourhoods. 8% of population in this neighbourhood that is near the Listing MLS® R2833699 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 4088 W 40th Avenue, Vancouver, BC is $116395 which is High in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2833699 is $42317 which is High in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 40.4% which is Low.

Unemployment rate in the area around Real Estate Listing # R2833699 is 6.6 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 4088 W 40th Avenue Dunbar where population change between 2011 and 2016 was -2.8%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 4088 W 40th Avenue, Vancouver, BC is 3399.5 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 4088 W 40th Avenue is 3.1. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2833699 is 68.8% and it is Above Average. % of Married or living common law is around 62.7% and it is Above Average.

Average age of the population close to the 4088 W 40th Avenue is 40.8 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 4088 W 40th Avenue, Vancouver, BC is $3294287 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 4088 W 40th Avenue. $2457 owners spent in average for the dwelling. Tenants are paying $1822 in this district close to MLS® R2833699 and it is High comparing to other cities.

18.4% of Population in this district near the 4088 W 40th Avenue are Renters and it is Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 4088 W 40th Avenue, Vancouver, BC is 13.1%, it is Above Average, % of English speakers only is 81.2% and Below Average. % of Neither English nor French speakers close to home for sale 4088 W 40th Avenue, Vancouver, BC is 5.7% and it is High comparing to other BC cities.

18.3% of all population in the area around this property with the address 4088 W 40th Avenue, Vancouver, BC using Public Transport which is Above Average, 69.3% of using population are using Cars around MLS® R2833699, which is Below Average. 6% of people using Bicycles around the 4088 W 40th Avenue and it is High. 4% of population are walking which is Average

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $3,180,000
Vancouver $3,409,666
Dunbar $3,233,333
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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