1562 W 40th Ave, Vancouver BC - Single Family Residence for Sale - MLS# R2949779

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Listing updated:
EstateBlock checked:
5 Beds
7 Baths
3958 sqft
975 $ /sqft
2012 built
Closed
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This property sold for
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Listing updated:
EstateBlock checked:

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Sold price & sold date
Original list price & price changes
Full photo gallery - 40 photos
Days on market & listing history

Map & Neighbourhood

Public Schools

Secondary
Point Grey Secondary School
Above Average 0.92 km 8.2/10
Elementary
Quilchena Elementary School
Above Average 0.83 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 0.36 km 9.5/10
Elementary, Secondary
Vancouver College
Above Average 0.36 km 9.5/10

Closest Transit

Bus Stop
Southbound Granville St @ W 40 Ave
0.07 km
Skytrain
Skytrain @ Oakridge-41St Stn
1.79 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

42 / 100
Overall sell-speed score
May take longer
Price competition grade
No comparable data
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.79 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
564 DOM
Slower than area
Shaughnessy avg
67 DOM
Average
Vancouver avg
67 DOM
Faster market

1562 W 40th Avenue has a sell-speed score of 42/100, placing it in the "May take longer than the area average to sell" band. The listing is has limited comparable pricing data available. 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 could take longer than the area average to sell.

Climate Risk for V6M 1V8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6M 1V8, 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 (BC ENV 2024). Nearest station: Vancouver International Airport #2, Richmond (~5.5 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 (10 nearby)

  • Grand honour · 128 m · Restaurant
  • Tao's kitchen · 149 m · Restaurant
  • Kyuzo japanese restaurant · 157 m · Restaurant

Shopping (5 nearby)

  • Rbc · 124 m · Bank
  • Petit pont · 924 m · Clothes
  • Pharmasave · 936 m · Pharmacy

Cafes (5 nearby)

  • Yee cafe · 119 m · Cafe
  • Adonia · 941 m · Cafe
  • Cafe fortyone · 949 m · Cafe

Groceries (3 nearby)

  • Sweet e's pastries and sweets · 902 m · Bakery
  • Breezy buys · 950 m · Convenience
  • Bc liquor store · 965 m · Beverages

Healthcare (1 nearby)

  • Pharmasave · 936 m · Healthcare

Transit (1 nearby)

  • Bus stop westbound w 49 ave @ hudson st · 996 m · Transit

Schools NearBy

33 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

358 m

Sir William Osler Elementary School

Public

Grades Served

K-7

Catchment Info

8.0 / 10

Distance

711 m

Quilchena Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
7.6 / 10

Distance

826 m

Maple Grove Elementary School

Public

Grades Served

K-7

Catchment Info

7.7 / 10

Distance

910 m

Point Grey Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
8.2 / 10

Distance

924 m

Point Grey Secondary

Public

Grades Served

Catchment Info

8.2 / 10

Distance

953 m

Magee Secondary School

Public

Grades Served

8-12

Catchment Info

7.6 / 10

Distance

1.04 KM

King David High School

Independent

Grades Served

8-12

Catchment Info

7.8 / 10

Distance

1.28 KM

Rose-des-vents

Public

Grades Served

Catchment Info

7.5 / 10

Distance

1.28 KM

Secondaire Jules-Verne

Public

Grades Served

Catchment Info

7.5 / 10

Distance

1.32 KM

Little Flower Academy

Independent

Grades Served

8-12

Catchment Info

10.0 / 10

Distance

1.47 KM

Shaughnessy Elementary School

Public

Grades Served

K-7

Catchment Info

8.1 / 10

Distance

1.49 KM

York House School

Independent

Grades Served

K-12

Catchment Info

9.3 / 10

Distance

1.54 KM

Dr. Annie B. Jamieson Elementary School

Public

Grades Served

K-7

Catchment Info

8.3 / 10

Distance

1.66 KM

Dr Annie B Jamieson Elementary

Public

Grades Served

Catchment Info

8.3 / 10

Distance

1.68 KM

Prince of Wales Secondary School

Public

Grades Served

8-12

Catchment Info

8.4 / 10

Distance

1.68 KM

Vancouver Talmud Torah Elementary School

Independent

Grades Served

K-7

Catchment Info

8.4 / 10

Distance

1.74 KM

Westside Montessori

Independent

Grades Served

K

Catchment Info

0

Distance

1.76 KM

Kerrisdale Annex

Public

Grades Served

K-2

Catchment Info

0

Distance

1.80 KM

Emily Carr Elementary School

Public

Grades Served

K-7

Catchment Info

7.8 / 10

Distance

1.93 KM

Sir Winston Churchill Secondary School

Public

Grades Served

8-12

Catchment Info

8.1 / 10

Distance

1.99 KM

Dr. R. E. McKechnie Elementary School

Public

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

2.14 KM

Sir Wilfrid Laurier Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

2.14 KM

Dr. George M. Weir Elementary School

Public

Grades Served

K-7

Catchment Info

6.3 / 10

Distance

2.21 KM

Trafalgar Elementary School

Public

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

2.36 KM

Kerrisdale Elementary School

Public

Grades Served

K-7

Catchment Info

8.0 / 10

Distance

2.45 KM

Sir Wm Van Horne Elementary School

Public

Grades Served

K-7

Catchment Info

7.2 / 10

Distance

2.52 KM

Edith Cavell Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

2.60 KM

Crofton House

Independent

Grades Served

K-12

Catchment Info

9.5 / 10

Distance

2.65 KM

David Lloyd George Elementary School

Public

Grades Served

K-7

Catchment Info

6.5 / 10

Distance

2.79 KM

General Wolfe Elementary School

Public

Grades Served

K-7

Catchment Info

7.0 / 10

Distance

2.89 KM

J.W. Sexsmith Community Elementary School

Public

Grades Served

K-7

Catchment Info

7.8 / 10

Distance

2.97 KM

Blessed Sacrament School

Independent

Grades Served

K-7

Catchment Info

8.0 / 10

Distance

2.98 KM

Pre-computed routes from 1562 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
    20 min
  • Richmond Centre via No. 3 Rd
    9 min
  • YVR Airport via Bridgeport / Sea Island
    6 min

Calculate your commute

1562 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 @ W 40 Ave (0.07 km). Walk Score Transit rating: Good Transit (61/100).

Walkability & Transit Near 1562 W 40th Avenue

Walk Score Badge
Car-Dependent 78

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 61

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
74

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 1562 W 40th Avenue

/month
Principal & Interest
Property Taxes $2,797
Maintenance fee 0
Financing 80% of the $3,860,000 asking price over 30 years at 4% results in approximately $17,540/month in total estimated carrying costs, $2,797 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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $8,434/month in rental income, leaving a -$9,387/month cashflow at current carrying costs. Investors targeting break-even would need roughly 71% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1562 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
Vancouver Loading...
Shaughnessy Loading...
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

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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 1562 W 40th Avenue

Walk Score Badge
Car-Dependent 78

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 61

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
74

Bike Score - Very Bikeable

Biking is convenient for most trips

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