Home Vancouver, BC Victoria VE 1 2240 E 40th Avenue

1 2240 E 40th Ave, Vancouver BC - Half Duplex for Sale - MLS# R3170027

Today on the market

$1,248,000

Est. Mortgage $5,521/mo

Listing updated: Sep 28, 2026 at 11:22am

EstateBlock checked: Sep 28, 2026 at 12:45pm

4 Beds

4 Baths

1515 sqft

824 $ /sqft

576.26 $ Maint. fee

2026 built

NEW OPEN HOUSE 28.7% cheaper than comps

Today on the market

$1,248,000

Est. $5,521/mo with 20% down

Listing updated: Sep 28, 2026 at 11:22am

EstateBlock checked: Sep 28, 2026 at 12:45pm

Photos

Exterior Front Photo of 1 2240 E 40th Avenue, Vancouver, BC

Exterior Rear Photo of 1 2240 E 40th Avenue, Vancouver, BC

Living Room Photo of 1 2240 E 40th Avenue, Vancouver, BC

Family Room Photo of 1 2240 E 40th Avenue, Vancouver, BC

Dining Area Photo of 1 2240 E 40th Avenue, Vancouver, BC

Kitchen Photo of 1 2240 E 40th Avenue, Vancouver, BC

Kitchen Island Photo of 1 2240 E 40th Avenue, Vancouver, BC

Pantry Photo of 1 2240 E 40th Avenue, Vancouver, BC

Breakfast Nook Photo of 1 2240 E 40th Avenue, Vancouver, BC

Primary Bedroom Photo of 1 2240 E 40th Avenue, Vancouver, BC

Primary Bathroom Photo of 1 2240 E 40th Avenue, Vancouver, BC

Walk-In Closet Photo of 1 2240 E 40th Avenue, Vancouver, BC

Bedroom 2 Photo of 1 2240 E 40th Avenue, Vancouver, BC

Bedroom 3 Photo of 1 2240 E 40th Avenue, Vancouver, BC

Bedroom 4 Photo of 1 2240 E 40th Avenue, Vancouver, BC

Guest Bathroom Photo of 1 2240 E 40th Avenue, Vancouver, BC

Powder Room Photo of 1 2240 E 40th Avenue, Vancouver, BC

Office / Den Photo of 1 2240 E 40th Avenue, Vancouver, BC

Loft / Bonus Room Photo of 1 2240 E 40th Avenue, Vancouver, BC

Basement Recreation Room Photo of 1 2240 E 40th Avenue, Vancouver, BC

Laundry Room Photo of 1 2240 E 40th Avenue, Vancouver, BC

Mudroom Photo of 1 2240 E 40th Avenue, Vancouver, BC

Entry Foyer Photo of 1 2240 E 40th Avenue, Vancouver, BC

Hallway Photo of 1 2240 E 40th Avenue, Vancouver, BC

Staircase Photo of 1 2240 E 40th Avenue, Vancouver, BC

Garage Interior Photo of 1 2240 E 40th Avenue, Vancouver, BC

Outdoor Patio Photo of 1 2240 E 40th Avenue, Vancouver, BC

Outdoor Deck Photo of 1 2240 E 40th Avenue, Vancouver, BC

Backyard Photo of 1 2240 E 40th Avenue, Vancouver, BC

Front Yard Photo of 1 2240 E 40th Avenue, Vancouver, BC

Garden / Landscaping Photo of 1 2240 E 40th Avenue, Vancouver, BC

Swimming Pool Photo of 1 2240 E 40th Avenue, Vancouver, BC

Hot Tub / Spa Photo of 1 2240 E 40th Avenue, Vancouver, BC

Outdoor Kitchen Photo of 1 2240 E 40th Avenue, Vancouver, BC

Aerial View of 1 2240 E 40th Avenue, Vancouver, BC

Street View Photo of 1 2240 E 40th Avenue, Vancouver, BC

Neighborhood Park Photo Near 1 2240 E 40th Avenue, Vancouver, BC

Community Amenities Photo (Clubhouse) of 1 2240 E 40th Avenue, Vancouver, BC

Fitness Center Photo Near 1 2240 E 40th Avenue, Vancouver, BC

Playground / Recreational Area Near 1 2240 E 40th Avenue, Vancouver, BC

Some homes you buy. This one you grow into. The Armstrong at QUINTET is the anchor of 5 boutique residences harmoniously located in Kensington-Cedar Cottage, built by Georgie Award winner (Best Multiplex Home) Costar Construction. 1,515sf, 4 beds & 3.5 baths over 3 levels, with a 1-bed suite and its own entrance: rental income today, room for parents or grown kids tomorrow. Bosch, Silestone, Dekton, Riobel, heat pump A/C & wool carpet in every bedroom. Your own fenced yard & covered porch, parking w/ EV. Walk to Kensington Park, T&T, Victoria Sq, local schools & 29th Ave SkyTrain. 2-5-10 warranty + 5-yr appliance warranty + NO strata fees for 2 years. Completion November 2026. Open House Saturday Oct 3, and Sunday Oct 4, 1~4pm.

Open houses

03 Oct, 2026 (12:00 PM to 03:00 PM)

04 Oct, 2026 (12:00 PM to 03:00 PM)

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Heating Type	Heat Pump
Cooling	Central Air
Laundry	In Unit
# of Kitchens	1
Foundation	Slab

Exterior Features

Exterior Features	Garden
Roof	Asphalt
Structures	Duplex, Residential Attached

Building Details

Price	$1,248,000
Total Bedrooms	4
Total Bathrooms	4
Full Bathrooms	3
Half Bathrooms	1
Floor Area Total (sqft)	1515
Year Built	2026
Age Of Building	0
Building Type	Half Duplex
Property Type	Residential
Stories	2
Building Amenities	Bike Room, Trash, Maintenance Grounds, Hot Water, Management, Other, Sewer, Snow Removal, Water
Ownership Type	Freehold Strata
Maintenance Fee	$576.26
Amenities Nearby	Bike Room, Trash, Maintenance Grounds, Hot Water, Management, Other, Sewer, Snow Removal, Water
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Open
Total Parking Spaces	1
Strata Restrictions	Pets Allowed,Rentals Allowed
Pet Restrictions	Yes
Units In Development	5

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3170027
Area	Vancouver East
Neighbourhood	Victoria VE
City	Vancouver
Postal Code	V5P 1J5
Gross Taxes	0
Zoning	CD-1

Property Timeline

Status	Date	Price
R3170027 / Active	09-28-2026	$1,248,000
to view full Property History (5 earlier records)

Rooms

Floor	Type	Dimensions
Main Level	Recreation Room	12'2 x 12'2 ft
Main Level	Bedroom	8'8 x 8'8 ft
Above Level	Kitchen	11'4 x 11'4 ft
Above Level	Dining Room	12'2 x 12'2 ft
Above Level	Living Room	12'2 x 12'2 ft
Abv Main 2	Primary Bedroom	9'4 x 9'4 ft
Abv Main 2	Bedroom	8'7 x 8'7 ft
Abv Main 2	Bedroom	8'7 x 8'7 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#3
Above Level	No	#2
Above Main 2	Yes	#3
Above Main 2	No	#3

Listed by: eXp 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.

Map & Neighbourhood

Public Schools

Secondary
Gladstone Secondary School: Average 1.66 km 6/10
Elementary
G. T. Cunningham Elementary School: Average 0.41 km 6.3/10

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

Private Schools

Elementary
Corpus Christi School: Above Average 0.82 km 10/10
Elementary,Secondary
Stratford Hall: Above Average 2.67 km 8.9/10

Closest Transit

Bus Stop
Eastbound E 41 Ave @ Gladstone St: 0.11 km
Skytrain
Skytrain @ 29Th Av Stn: 1.58 km

Crime Rate

Total Crime Rate: Average
Violent Crime Rate: Below Average
Property Crime Rate: Above Average

Demographics

Post-Secondary Education: Below Average 22.1%
No Certificate/Degree: Above Average 26.7%
Owner Occupied: Below Average 43.2%
Employment Rate: Above Average 72.2%

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

Sell Speed & Competition

73 / 100

Overall sell-speed score

Likely within weeks

A+

Price competition grade

Avg comparable: $1,606,176

—

Market conditions

Market conditions unavailable

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 1.58 km from station

Road / Highway noise

Possible — major road nearby

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How VICTORIA VE compares

This property

0 DOM

Listed

Victoria VE avg

—

Vancouver avg

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1 2240 E 40th Avenue has a sell-speed score of 73/100, placing it in the "Expected to sell within weeks" band. The listing is priced 28.7% below comparable active properties in Victoria VE, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

Climate Risk for V5P 1J5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5P 1J5, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~3.2 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Vancouver currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Restaurants (58 nearby)

Sumi korean restaurant · 318 m · Restaurant
Happy sushi · 318 m · Restaurant
Jun yuan restaurant · 349 m · Restaurant

Shopping (31 nearby)

Vancity · 321 m · Bank
Bmo · 339 m · Bank
Ben hair salon · 357 m · Hairdresser

Groceries (22 nearby)

Mei yee bakery · 326 m · Bakery
Maxim's bakery · 368 m · Bakery
Osoyoos produce · 380 m · Supermarket

Healthcare (5 nearby)

London drugs · 401 m · Healthcare
I.d.a. · 765 m · Healthcare
Mj's natural pharmacy · 811 m · Healthcare

Cafes (4 nearby)

Tim hortons · 328 m · Cafe
Starbucks · 351 m · Cafe
El caracol mexican cafe · 520 m · Cafe

Transit (1 nearby)

Bus stop eastbound kingsway @ wales st · 885 m · Transit

Schools NearBy

48 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
G. T. Cunningham Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	6.3 / 10	Distance 408 m
Tecumseh Elementary School	Public	Grades Served K-7	Catchment Info —	6.1 / 10	Distance 553 m
Waverley Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 750 m
Corpus Christi School	Independent	Grades Served K-7	Catchment Info —	10.0 / 10	Distance 815 m
Tecumseh Annex	Public	Grades Served K-3	Catchment Info —	0	Distance 1.01 KM
John Norquay Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 1.18 KM
Sir Sandford Fleming Elementary School	Public	Grades Served K-7	Catchment Info —	5.1 / 10	Distance 1.39 KM
Sir Charles Kingsford-Smith School	Public	Grades Served K-7	Catchment Info —	5.4 / 10	Distance 1.42 KM
Sir Charles Kingsford-Smith	Public	Grades Served —	Catchment Info —	5.4 / 10	Distance 1.42 KM
Killarney Secondary School	Public	Grades Served 8-12	Catchment Info —	6.3 / 10	Distance 1.52 KM
Lord Selkirk Annex	Public	Grades Served K-4	Catchment Info —	3.5 / 10	Distance 1.55 KM
David Thompson Secondary School	Public	Grades Served 8-12	Catchment Info —	7.0 / 10	Distance 1.56 KM
Qawsain Knowledge House	Independent	Grades Served K-3	Catchment Info —	0	Distance 1.57 KM
Gladstone Secondary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 1.64 KM
Gladstone Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.0 / 10	Distance 1.66 KM
Sir Richard McBride Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 1.66 KM
Sir Alexander Mackenzie Elementary School	Public	Grades Served K-7	Catchment Info —	6.3 / 10	Distance 1.78 KM
Lord Selkirk Elementary School	Public	Grades Served K-7	Catchment Info —	6.1 / 10	Distance 1.87 KM
Sir James Douglas Elementary School	Public	Grades Served K-7	Catchment Info —	6.6 / 10	Distance 1.95 KM
Anne-Hebert	Public	Grades Served —	Catchment Info —	7.6 / 10	Distance 1.97 KM
Sir Richard McBride Annex	Public	Grades Served K-3	Catchment Info —	0	Distance 1.98 KM
Collingwood Neighbourhood School	Public	Grades Served K-3	Catchment Info —	0	Distance 2.11 KM
Lord Beaconsfield Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.12 KM
Sir Wilfred Grenfell Community	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 2.18 KM
Sir Wilfred Grenfell Community School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 2.19 KM
David Oppenheimer Elementary School	Public	Grades Served K-7	Catchment Info —	6.3 / 10	Distance 2.24 KM
Windermere Community Secondary School	Public	Grades Served 8-12	Catchment Info —	6.3 / 10	Distance 2.27 KM
Sir James Douglas Annex	Public	Grades Served K-3	Catchment Info —	0	Distance 2.27 KM
Dr. H. N. MacCorkindale Elementary School	Public	Grades Served K-7	Catchment Info —	6.4 / 10	Distance 2.31 KM
John Oliver Secondary School	Public	Grades Served 8-12	Catchment Info —	5.5 / 10	Distance 2.38 KM
Tyee Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.39 KM
Charles Dickens Annex	Public	Grades Served K-3	Catchment Info —	0	Distance 2.43 KM
Captain James Cook Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 2.45 KM
St.Joseph's School	Independent	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 2.59 KM
Nootka Community Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.62 KM
Walter Moberly Elementary School	Public	Grades Served K-7	Catchment Info —	5.0 / 10	Distance 2.63 KM
St Andrew's	Independent	Grades Served —	Catchment Info —	7.9 / 10	Distance 2.63 KM
St. Andrew's	Independent	Grades Served K-7	Catchment Info —	7.9 / 10	Distance 2.64 KM
Westside Montessori Academy	Independent	Grades Served K-7	Catchment Info —	9.1 / 10	Distance 2.64 KM
Stratford Hall	Independent	Grades Served —	Catchment Info —	8.7 / 10	Distance 2.67 KM
Graham Bruce Community Elementary School	Public	Grades Served K-7	Catchment Info —	6.1 / 10	Distance 2.71 KM
Stratford Hall School	Independent	Grades Served K-12	Catchment Info —	8.7 / 10	Distance 2.71 KM
John Henderson Elementary School	Public	Grades Served K-7	Catchment Info —	4.7 / 10	Distance 2.76 KM
Renfrew Community Elementary School	Public	Grades Served K-7	Catchment Info —	6.6 / 10	Distance 2.81 KM
Champlain Heights Community Elementary School	Public	Grades Served K-7	Catchment Info —	5.5 / 10	Distance 2.83 KM
St.Jude's School	Independent	Grades Served K-7	Catchment Info —	9.8 / 10	Distance 2.87 KM
Charles Dickens Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.87 KM
General Brock Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 2.99 KM

Pre-computed routes from 1 2240 E 40th Ave, Vancouver, BC

1 2240 E 40th Ave, Vancouver, BC 29th Ave 1.6 km

35 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via 29th Ave → Waterfront
35 min
Metrotown, Burnaby via 29th Ave → Metrotown
27 min
SFU Burnaby via 29th Ave → Production Way
42 min
Richmond Centre via 29th Ave → Brighouse
60 min
YVR Airport via 29th Ave → YVR-Airport
61 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
8 min
Metrotown, Burnaby via Lougheed Hwy
5 min
SFU Burnaby via Gaglardi Way
13 min
Richmond Centre via No. 3 Rd
11 min
YVR Airport via Bridgeport / Sea Island
12 min

Calculate your commute

1 2240 E 40th Ave, Vancouver, BC is ideally located for commuters. The property is 1.6 km from 29th Ave, with a 35 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound E 41 Ave @ Gladstone St (0.11 km). Walk Score Transit rating: Good Transit (68/100).

Walkability & Transit Near 1 2240 E 40th Avenue

Car-Dependent 91

Walk Score - Walker's Paradise

Daily errands do not require a car

Some Transit 68

Transit Score - Good Transit

Many nearby public transportation options

Somewhat
Bikeable 72

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 1 2240 E 40th Avenue

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $0

Maintenance fee 576.26

With a 20% down payment, buyers can expect an estimated $5,343/month in total housing costs on this $1,248,000 property — $4,767 mortgage payment, $576 maintenance fee.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Listing data last synced: Sep 28, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

Based on $3,557/month estimated rent and $5,397/month in total housing costs, this property has a -$1,840/month cashflow. Break-even down payment: approximately 51%.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1 2240 E 40th Avenue, Vancouver

Buy Vs Rent Calculator

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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.