Home Vancouver, BC Fraser VE 1070 E 40th Avenue

1070 E 40th Ave, Vancouver BC - Single Family Residence for Sale - MLS# R3170764

4 days on the market

$1,968,000

Est. Mortgage $8,706/mo

Listing updated: Sep 30, 2026 at 10:35am

EstateBlock checked: Oct 1, 2026 at 07:25pm

6 Beds

4 Baths

2902 sqft

678 $ /sqft

1987 built

NEW OPEN HOUSE

4 days on the market

$1,968,000

Est. $8,706/mo with 20% down

Listing updated: Sep 30, 2026 at 10:35am

EstateBlock checked: Oct 1, 2026 at 07:25pm

Photos

Exterior Front Photo of 1070 E 40th Avenue, Vancouver, BC

Exterior Rear Photo of 1070 E 40th Avenue, Vancouver, BC

Living Room Photo of 1070 E 40th Avenue, Vancouver, BC

Family Room Photo of 1070 E 40th Avenue, Vancouver, BC

Dining Area Photo of 1070 E 40th Avenue, Vancouver, BC

Kitchen Photo of 1070 E 40th Avenue, Vancouver, BC

Kitchen Island Photo of 1070 E 40th Avenue, Vancouver, BC

Pantry Photo of 1070 E 40th Avenue, Vancouver, BC

Breakfast Nook Photo of 1070 E 40th Avenue, Vancouver, BC

Primary Bedroom Photo of 1070 E 40th Avenue, Vancouver, BC

Primary Bathroom Photo of 1070 E 40th Avenue, Vancouver, BC

Walk-In Closet Photo of 1070 E 40th Avenue, Vancouver, BC

Bedroom 2 Photo of 1070 E 40th Avenue, Vancouver, BC

Bedroom 3 Photo of 1070 E 40th Avenue, Vancouver, BC

Bedroom 4 Photo of 1070 E 40th Avenue, Vancouver, BC

Guest Bathroom Photo of 1070 E 40th Avenue, Vancouver, BC

Powder Room Photo of 1070 E 40th Avenue, Vancouver, BC

Office / Den Photo of 1070 E 40th Avenue, Vancouver, BC

Loft / Bonus Room Photo of 1070 E 40th Avenue, Vancouver, BC

Basement Recreation Room Photo of 1070 E 40th Avenue, Vancouver, BC

Laundry Room Photo of 1070 E 40th Avenue, Vancouver, BC

Mudroom Photo of 1070 E 40th Avenue, Vancouver, BC

Entry Foyer Photo of 1070 E 40th Avenue, Vancouver, BC

Hallway Photo of 1070 E 40th Avenue, Vancouver, BC

Staircase Photo of 1070 E 40th Avenue, Vancouver, BC

Garage Interior Photo of 1070 E 40th Avenue, Vancouver, BC

Outdoor Patio Photo of 1070 E 40th Avenue, Vancouver, BC

Outdoor Deck Photo of 1070 E 40th Avenue, Vancouver, BC

Backyard Photo of 1070 E 40th Avenue, Vancouver, BC

Front Yard Photo of 1070 E 40th Avenue, Vancouver, BC

Garden / Landscaping Photo of 1070 E 40th Avenue, Vancouver, BC

Swimming Pool Photo of 1070 E 40th Avenue, Vancouver, BC

Hot Tub / Spa Photo of 1070 E 40th Avenue, Vancouver, BC

Outdoor Kitchen Photo of 1070 E 40th Avenue, Vancouver, BC

Aerial View of 1070 E 40th Avenue, Vancouver, BC

Street View Photo of 1070 E 40th Avenue, Vancouver, BC

Neighborhood Park Photo Near 1070 E 40th Avenue, Vancouver, BC

Community Amenities Photo (Clubhouse) of 1070 E 40th Avenue, Vancouver, BC

Fitness Center Photo Near 1070 E 40th Avenue, Vancouver, BC

Playground / Recreational Area Near 1070 E 40th Avenue, Vancouver, BC

Welcome to 1070 E 40th Ave, a well-maintained Vancouver home offering comfortable living and excellent income potential. Extensively updated in 2021 with a renovated kitchen and bathrooms, new flooring, and fresh interior paint. The functional main living area provides generous space for everyday family living, while the lower level features two separate rental accommodations — one 1-bedroom suite and one 2-bedroom suite — providing excellent mortgage-helper potential. Conveniently located close to schools, parks, shopping, restaurants and public transit, with easy access to major routes and everyday amenities. A great opportunity for families, investors, or buyers looking for a home with multiple income possibilities in a convenient Vancouver neighbourhood.

Open houses

03 Oct, 2026 (01:00 PM to 03:00 PM)

04 Oct, 2026 (01:00 PM to 03:00 PM)

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace	2
Heating Type	Baseboard, Hot Water
# of Kitchens	2
Flooring	Mixed
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
Roof	Concrete
Structures	Residential Detached

Building Details

Price	$1,968,000
Total Bedrooms	6
Total Bathrooms	4
Full Bathrooms	4
Half Bathrooms	0
Floor Area Total (sqft)	2902
Year Built	1987
Age Of Building	39
Building Type	Single Family Residence
Property Type	Residential
Stories	2
Ownership Type	Freehold NonStrata
Utility Type	Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Community, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Community
Parking Type	Garage Double
Total Parking Spaces	4
Rental Suites	Legal Suite,Unauthorized Suite

Lot & Land

Lot Size	4296.8
Lot Size Depth	Feet
Lot Size Frontage	33
MLS^® #	R3170764
Area	Vancouver East
Neighbourhood	Fraser VE
City	Vancouver
Postal Code	V5W 1M4
Gross Taxes	$8,987.31
Zoning	R-1

Property Timeline

Status	Date	Price
R3170764 / Active	09-28-2026	$1,968,000

Rooms

Floor	Type	Dimensions
Main Level	Foyer	11'11 x 11'11 ft
Main Level	Laundry	9'8 x 9'8 ft
Main Level	Kitchen	6'11 x 6'11 ft
Main Level	Dining Room	4'6 x 4'6 ft
Main Level	Living Room	11'8 x 11'8 ft
Main Level	Bedroom	9'0 x 9'0 ft
Main Level	Bedroom	10'1 x 10'1 ft
Main Level	Living Room	12'8 x 12'8 ft
Main Level	Bedroom	9'0 x 9'0 ft
Above Level	Dining Room	10'7 x 10'7 ft
Above Level	Family Room	16'10 x 16'10 ft
Above Level	Kitchen	16'0 x 16'0 ft
Above Level	Nook	7'10 x 7'10 ft
Above Level	Primary Bedroom	15'3 x 15'3 ft
Above Level	Bedroom	10'1 x 10'1 ft
Above Level	Bedroom	11'1 x 11'1 ft
Above Level	Recreation Room	16'4 x 16'4 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4
Main Level	No	#4
Above Level	No	#5
Above Level	Yes	#3

Listed by: LeHomes Realty Premier

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
John Oliver Secondary School: Average 0.75 km 5.5/10
Elementary
Sir Alexander Mackenzie Elementary School: Average 0.18 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
St Andrew's: Above Average 1.14 km 7.9/10
Elementary,Secondary
Stratford Hall: Above Average 2.8 km 8.9/10

Closest Transit

Bus Stop
Eastbound E 41 Ave @ Windsor St: 0.11 km
Skytrain
Skytrain @ Oakridge-41St Stn: 2.38 km

Crime Rate

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

Demographics

Post-Secondary Education: Average 28.3%
No Certificate/Degree: Above Average 18.1%
Owner Occupied: Below Average 53%
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

57 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $2,184,480

—

Market conditions

Market conditions unavailable

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 2.38 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 FRASER VE compares

This property

4 DOM

Listed

Fraser VE avg

—

Vancouver avg

—

1070 E 40th Avenue has a sell-speed score of 57/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 11% below comparable active properties in Fraser VE, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5W 1M4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5W 1M4, 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 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 (31 nearby)

Camy's pizza · 489 m · Fast Food
Koon bo seafood restaurant · 492 m · Restaurant
New bhaia sweet shop and restaurant · 524 m · Restaurant

Shopping (27 nearby)

Ursula salon of beauty · 399 m · Beauty Shop
Lc style lounge · 549 m · Hairdresser
Sun sun barber · 552 m · Hairdresser

Groceries (12 nearby)

Lucky's exotic bodega · 390 m · Convenience
Jak's beer wine spirits · 542 m · Beverages
Dhaka bazar plus butcher shop · 677 m · Butcher

Cafes (8 nearby)

Green leaf bubble tea · 529 m · Cafe
Boba monster · 531 m · Cafe
L & g bubble tea · 547 m · Cafe

Healthcare (5 nearby)

Naz's pharmacy fraser · 620 m · Healthcare
The medicine shoppe pharmacy · 754 m · Healthcare
Shoppers drug mart · 888 m · Healthcare

Gyms (1 nearby)

Kensington pool · 740 m · Gym

Transit (1 nearby)

Bus stop westbound e 33 ave @ knight st · 889 m · Transit

Schools NearBy

45 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Sir Alexander Mackenzie Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	6.3 / 10	Distance 185 m
John Oliver Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	5.5 / 10	Distance 751 m
Tecumseh Annex	Public	Grades Served K-3	Catchment Info —	0	Distance 809 m
Sir Sandford Fleming Elementary School	Public	Grades Served K-7	Catchment Info —	5.1 / 10	Distance 923 m
Sir Richard McBride Annex	Public	Grades Served K-3	Catchment Info —	0	Distance 941 m
St Andrew's	Independent	Grades Served —	Catchment Info —	7.9 / 10	Distance 1.14 KM
St. Andrew's	Independent	Grades Served K-7	Catchment Info —	7.9 / 10	Distance 1.15 KM
Tecumseh Elementary School	Public	Grades Served K-7	Catchment Info —	6.1 / 10	Distance 1.15 KM
Sir Richard McBride Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 1.18 KM
John Henderson Elementary School	Public	Grades Served K-7	Catchment Info —	4.7 / 10	Distance 1.47 KM
Lord Selkirk Annex	Public	Grades Served K-4	Catchment Info —	3.5 / 10	Distance 1.51 KM
General Brock Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 1.53 KM
David Thompson Secondary School	Public	Grades Served 8-12	Catchment Info —	7.0 / 10	Distance 1.65 KM
Sir Wm Van Horne Elementary School	Public	Grades Served K-7	Catchment Info —	7.2 / 10	Distance 1.68 KM
Charles Dickens Annex	Public	Grades Served K-3	Catchment Info —	0	Distance 1.86 KM
G. T. Cunningham Elementary School	Public	Grades Served K-7	Catchment Info —	6.3 / 10	Distance 1.90 KM
Corpus Christi School	Independent	Grades Served K-7	Catchment Info —	10.0 / 10	Distance 1.96 KM
Qawsain Knowledge House	Independent	Grades Served K-3	Catchment Info —	0	Distance 1.98 KM
Walter Moberly Elementary School	Public	Grades Served K-7	Catchment Info —	5.0 / 10	Distance 1.99 KM
Lord Selkirk Elementary School	Public	Grades Served K-7	Catchment Info —	6.1 / 10	Distance 2.09 KM
Waverley Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.10 KM
David Livingstone Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.19 KM
Sir James Douglas Annex	Public	Grades Served K-3	Catchment Info —	0	Distance 2.20 KM
General Wolfe Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.24 KM
Gladstone Secondary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 2.29 KM
Gladstone Secondary School	Public	Grades Served 8-12	Catchment Info —	6.0 / 10	Distance 2.31 KM
Tyee Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.32 KM
Pierre Elliott Trudeau Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 2.32 KM
Sir James Douglas Elementary School	Public	Grades Served K-7	Catchment Info —	6.6 / 10	Distance 2.39 KM
Charles Dickens Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.41 KM
Kerrisdale Annex	Public	Grades Served K-2	Catchment Info —	0	Distance 2.41 KM
Sir Charles Kingsford-Smith	Public	Grades Served —	Catchment Info —	5.4 / 10	Distance 2.42 KM
Sir Charles Kingsford-Smith School	Public	Grades Served K-7	Catchment Info —	5.4 / 10	Distance 2.43 KM
John Norquay Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.52 KM
St.Joseph's School	Independent	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 2.63 KM
J.W. Sexsmith Community Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 2.65 KM
Stratford Hall	Independent	Grades Served —	Catchment Info —	8.7 / 10	Distance 2.80 KM
Dr. Annie B. Jamieson Elementary School	Public	Grades Served K-7	Catchment Info —	8.3 / 10	Distance 2.81 KM
Dr Annie B Jamieson Elementary	Public	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.81 KM
Stratford Hall School	Independent	Grades Served K-12	Catchment Info —	8.7 / 10	Distance 2.85 KM
Secondaire Jules-Verne	Public	Grades Served —	Catchment Info —	7.5 / 10	Distance 2.87 KM
David Oppenheimer Elementary School	Public	Grades Served K-7	Catchment Info —	6.3 / 10	Distance 2.88 KM
Rose-des-vents	Public	Grades Served —	Catchment Info —	7.5 / 10	Distance 2.90 KM
King David High School	Independent	Grades Served 8-12	Catchment Info —	7.8 / 10	Distance 2.90 KM
Killarney Secondary School	Public	Grades Served 8-12	Catchment Info —	6.3 / 10	Distance 2.96 KM

Pre-computed routes from 1070 E 40th Ave, Vancouver, BC

1070 E 40th Ave, Vancouver, BC Oakridge-41st 2.4 km

44 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Oakridge-41st → Waterfront
44 min
Metrotown, Burnaby via Oakridge-41st → Metrotown
62 min
SFU Burnaby via Oakridge-41st → Production Way
69 min
Richmond Centre via Oakridge-41st → Brighouse
45 min
YVR Airport via Oakridge-41st → YVR-Airport
46 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
7 min
Metrotown, Burnaby via Lougheed Hwy
7 min
SFU Burnaby via Gaglardi Way
15 min
Richmond Centre via No. 3 Rd
10 min
YVR Airport via Bridgeport / Sea Island
10 min

Calculate your commute

1070 E 40th Ave, Vancouver, BC is ideally located for commuters. The property is 2.4 km from Oakridge-41st, with a 44 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound E 41 Ave @ Windsor St (0.11 km). Walk Score Transit rating: Good Transit (65/100).

Walkability & Transit Near 1070 E 40th Avenue

Car-Dependent 85

Walk Score - Very Walkable

Most errands can be accomplished on foot

Some Transit 65

Transit Score - Good Transit

Many nearby public transportation options

Somewhat
Bikeable 87

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 1070 E 40th Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 007-290-985).

Total Assessed Value (2026)

$1,916,000

-4.2% YoY

+0.6%/yr over 4 yr

2022 Value Trend 2026

Land

$1,714,000

Buildings

$202,000

Year Built

1987

Class

Residential Inclusive

Zoning

R1-1

Property Tax

$8,987

Year	Land	Improvements	Total Assessed	YOY Change
2026	$1,714,000	$202,000	$1,916,000	-4.2%
2025	$1,798,000	$203,000	$2,001,000	-0.8%
2024	$1,816,000	$202,000	$2,018,000	+2.7%
2023	$1,759,000	$206,000	$1,965,000	+5.0%
2022	$1,672,000	$199,000	$1,871,000	—

Mortgage Calculator for 1070 E 40th Avenue

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $749

Maintenance fee 0

A 20% down payment of $393,600 on this $1,968,000 listing yields an estimated mortgage of $7,516/month (30-year fixed, 4%). Total estimated housing cost: $8,265/month, $749 property tax.

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 30, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

With $6,000/month in estimated rental income against $8,470/month in mortgage payments, the monthly cashflow is -$2,470/month. A 47% down payment would reach break-even.

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

Estateblock Rent Estimate for 1070 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.