1537 W 40th Ave, Vancouver BC V6M 1V7 – House for Sale – MLS® R3178496

1537 W 40th Avenue, Vancouver, British Columbia V6M 1V7

11 days on the market
$3,888,000
Est. Mortgage $17,200/mo
Listing updated:
EstateBlock checked:
5 Beds
3 Baths
4103 sqft
948 $ /sqft
1928 built
18.2% cheaper than comps
11 days on the market
$3,888,000
Est. $17,200/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 1537 W 40th Avenue

18.2% cheaper than comps

Classic Shaughnessy character home on a generous 80’x140’ lot with beautifully manicured gardens. This 5-bedroom, 2.5-bath residence offers 4,103 sqft of traditional charm and space to reimagine. Gracious cross-hall living and dining rooms, family room and office on the main, with original hardwood floors, wainscotting, and elegant banister still intact. Upstairs are four generous bedrooms, and downstairs is a finished basement with rec rooms, laundry and ample storage. Double car garage. Centrally located with easy access to Downtown, Richmond, and YVR, plus just minutes to Kerrisdale, Oakridge, and Vancouver’s top schools. Potential future multi-family redevelopment with neighbouring properties. Easy to show by appointment

Interior Features

Basement Finished Area (sqft) 0
Basement Features Full
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 2
Heating Type Forced Air, Natural Gas
# of Kitchens 1
Flooring Hardwood
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $3,888,000
Total Bedrooms 5
Total Bathrooms 3
Full Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 4103
Year Built 1928
Age Of Building 98
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Double, Front Access
Total Parking Spaces 5

Lot & Land

Lot Size 11200
Lot Size Depth Feet
Lot Size Frontage 80
MLS® # R3178496
Area Vancouver West
Neighbourhood Shaughnessy
City Vancouver
Postal Code V6M 1V7
Gross Taxes $18,290.7
Zoning R1-1

Property Timeline

Status Date Price
R3178496 / Active 10-23-2026 $3,888,000
to view full Property History (3 earlier records)
Rooms
Floor Type Dimensions
Main Level Living Room 25'10 x 25'10 ft
Main Level Dining Room 15'8 x 15'8 ft
Main Level Kitchen 12'10 x 12'10 ft
Main Level Eating Area 10'1 x 10'1 ft
Main Level Family Room 15'8 x 15'8 ft
Main Level Office 15'8 x 15'8 ft
Main Level Bedroom 11'1 x 11'1 ft
Main Level Foyer 9'4 x 9'4 ft
Above Level Primary Bedroom 15'11 x 15'11 ft
Above Level Walk-In Closet 7'1 x 7'1 ft
Above Level Bedroom 13'8 x 13'8 ft
Above Level Bedroom 13'11 x 13'11 ft
Above Level Bedroom 10'10 x 10'10 ft
Above Level Solarium 8'8 x 8'8 ft
Below Recreation Room 22'6 x 22'6 ft
Below Games Room 17'9 x 17'9 ft
Below Laundry 9'0 x 9'0 ft
Below Storage 10'1 x 10'1 ft
Below Storage 17'5 x 17'5 ft
Bathrooms
Floor Ensuite Pieces
Above Level No #4
Below No #3
Main Level No #2

Listed by: Stilhavn Real Estate Services

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
Point Grey Secondary School
Above Average 0.94 km 8.2/10
Elementary
Quilchena Elementary School
Above Average 0.84 km 7.6/10

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

Private Schools

Elementary, Secondary
Vancouver College
Above Average 0.31 km 9.5/10
Elementary, Secondary
Vancouver College
Above Average 0.31 km 9.5/10

Closest Transit

Bus Stop
Southbound Granville St @ S Connaught Dr
0.05 km
Skytrain
Skytrain @ Oakridge-41St Stn
1.76 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 52.4%
No Certificate/Degree
Below Average 9.8%
Owner Occupied
Below Average 36.2%
Employment Rate
Above Average 67.9%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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

59 / 100
Overall sell-speed score
Moderate pace expected
A
Price competition grade
Avg comparable: $4,595,616
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.76 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How SHAUGHNESSY compares
This property
11 DOM
Very fast
Shaughnessy avg
67 DOM
Average
Vancouver avg
67 DOM
Slower market

1537 W 40th Avenue has a sell-speed score of 59/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 18.2% below comparable active properties in Shaughnessy, which is a strong competitive signal. The local market is currently a Buyer's Market with a sales-to-active ratio of 9.2% and an area average of 67 days on market — buyers have more leverage. With only 542 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V6M 1V7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6M 1V7, 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 A / Excellent

Annual avg PM2.5 4.1 µg/m³ — meets WHO 2021 guideline. Nearest station: Vancouver International Airport #2, Richmond (~5.6 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 (9 nearby)

  • Grand honour · 168 m · Restaurant
  • Tao's kitchen · 191 m · Restaurant
  • Kyuzo japanese restaurant · 200 m · Restaurant

Cafes (5 nearby)

  • Yee cafe · 163 m · Cafe
  • Cafe fortyone · 925 m · Cafe
  • The garden café at vandusen · 945 m · Cafe

Shopping (4 nearby)

  • Rbc · 141 m · Bank
  • Petit pont · 962 m · Clothes
  • Pharmasave · 976 m · Pharmacy

Groceries (2 nearby)

  • Sweet e's pastries and sweets · 942 m · Bakery
  • Breezy buys · 988 m · Convenience

Healthcare (1 nearby)

  • Pharmasave · 976 m · Healthcare

Transit (1 nearby)

  • Bus stop westbound w 49 ave @ adera st · 992 m · Transit

Schools NearBy

34 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Vancouver College

Independent

Grades Served

K-12

Catchment Info

—
8.6 / 10

Distance

314 m

Sir William Osler Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.0 / 10

Distance

718 m

Quilchena Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
7.6 / 10

Distance

843 m

Point Grey Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
8.2 / 10

Distance

945 m

Maple Grove Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.7 / 10

Distance

969 m

Point Grey Secondary

Public

Grades Served

—

Catchment Info

—
8.2 / 10

Distance

975 m

Magee Secondary School

Public

Grades Served

8-12

Catchment Info

—
7.6 / 10

Distance

1.10 KM

Rose-des-vents

Public

Grades Served

—

Catchment Info

—
7.5 / 10

Distance

1.24 KM

King David High School

Independent

Grades Served

8-12

Catchment Info

—
7.8 / 10

Distance

1.25 KM

Secondaire Jules-Verne

Public

Grades Served

—

Catchment Info

—
7.5 / 10

Distance

1.28 KM

Little Flower Academy

Independent

Grades Served

8-12

Catchment Info

—
10.0 / 10

Distance

1.42 KM

Shaughnessy Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.1 / 10

Distance

1.45 KM

York House School

Independent

Grades Served

K-12

Catchment Info

—
9.3 / 10

Distance

1.49 KM

Dr. Annie B. Jamieson Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.3 / 10

Distance

1.66 KM

Prince of Wales Secondary School

Public

Grades Served

8-12

Catchment Info

—
8.4 / 10

Distance

1.67 KM

Dr Annie B Jamieson Elementary

Public

Grades Served

—

Catchment Info

—
8.3 / 10

Distance

1.67 KM

Vancouver Talmud Torah Elementary School

Independent

Grades Served

K-7

Catchment Info

—
8.4 / 10

Distance

1.68 KM

Westside Montessori

Independent

Grades Served

K

Catchment Info

—
N/A

Distance

1.69 KM

Kerrisdale Annex

Public

Grades Served

K-2

Catchment Info

—
N/A

Distance

1.78 KM

Emily Carr Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.8 / 10

Distance

1.87 KM

Sir Winston Churchill Secondary School

Public

Grades Served

8-12

Catchment Info

—
8.1 / 10

Distance

2.01 KM

Sir Wilfrid Laurier Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

2.17 KM

Dr. R. E. McKechnie Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

2.20 KM

Dr. George M. Weir Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.3 / 10

Distance

2.25 KM

Trafalgar Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

2.35 KM

Kerrisdale Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.0 / 10

Distance

2.49 KM

Sir Wm Van Horne Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.2 / 10

Distance

2.50 KM

Edith Cavell Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

2.54 KM

Crofton House

Independent

Grades Served

K-12

Catchment Info

—
9.5 / 10

Distance

2.69 KM

General Wolfe Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.0 / 10

Distance

2.83 KM

David Lloyd George Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.5 / 10

Distance

2.84 KM

Blessed Sacrament School

Independent

Grades Served

K-7

Catchment Info

—
8.0 / 10

Distance

2.92 KM

General Brock Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.5 / 10

Distance

2.97 KM

J.W. Sexsmith Community Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.8 / 10

Distance

2.98 KM

Pre-computed routes from 1537 W 40th Ave, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Oakridge-41st → Waterfront
    36 min
  • Metrotown, Burnaby via Oakridge-41st → Metrotown
    54 min
  • SFU Burnaby via Oakridge-41st → Production Way
    61 min
  • Richmond Centre via Oakridge-41st → Brighouse
    37 min
  • YVR Airport via Oakridge-41st → YVR-Airport
    38 min

By car (off-peak)

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

Calculate your commute

1537 W 40th Ave, Vancouver, BC is ideally located for commuters. The property is 1.8 km from Oakridge-41st, with a 36 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Granville St @ S Connaught Dr (0.05 km). Walk Score Transit rating: Good Transit (58/100).

Walkability & Transit Near 1537 W 40th Avenue

Walk Score Badge
Car-Dependent 70

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 58

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
72

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 1537 W 40th Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 011-124-784).
Total Assessed Value (2026)
$3,677,000
-11.9% YoY
-1.0%/yr over 4 yr
2022 Value Trend 2026
Land
$3,565,000
Buildings
$112,000
Year Built
1928
Class
Residential Inclusive
Zoning
R1-1
Property Tax
$16,355
Year Land Improvements Total Assessed YOY Change
2026 $3,565,000 $112,000 $3,677,000
-11.9%
2025 $4,060,000 $115,000 $4,175,000
+1.0%
2024 $4,012,000 $120,000 $4,132,000
+2.4%
2023 $3,916,000 $120,000 $4,036,000
+5.4%
2022 $3,710,000 $119,000 $3,829,000 —

Mortgage Calculator for 1537 W 40th Avenue

30-year fixed
/month
Principal & Interest
Property Taxes $1,524
Maintenance fee 0
A 20% down payment of $777,600 on this $3,888,000 listing yields an estimated mortgage of $14,850/month (30-year fixed, 4%). Total estimated housing cost: $16,374/month, $1,524 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.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $8,495/month in estimated rental income against $16,657/month in mortgage payments, the monthly cashflow is -$8,162/month. A 64% 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 1537 W 40th Avenue, Vancouver

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

—

Principal paid off by year 5 —
Principal paid off by year 10 —

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.

Price vs Neighbourhood Average — Shaughnessy, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $3,888,000
Vancouver Loading...
Shaughnessy Loading...

Based on 4 comparable active Single Family Residences in Shaughnessy, the average asking price is $4,752,000. This listing is priced 18.2% below the neighbourhood average. This property is flagged as a Hot Deal (18.2% cheaper than comparables) based on its competitive pricing and market demand.

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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 1537 W 40th Avenue

Walk Score Badge
Car-Dependent 70

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 58

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
72

Bike Score - Very Bikeable

Biking is convenient for most trips

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