Home Vancouver, BC Kerrisdale 2987 W 40th Avenue

2987 W 40th Ave, Vancouver BC - Single Family Residence for Sale - MLS# R3150386

52 days on the market

$4,988,000

Est. Mortgage $22,067/mo

Listing updated: Aug 14, 2026 at 11:30pm

EstateBlock checked: Sep 17, 2026 at 08:45am

6 Beds

5 Baths

3576 sqft

1395 $ /sqft

2024 built

52 days on the market

$4,988,000

Est. $22,067/mo with 20% down

Listing updated: Aug 14, 2026 at 11:30pm

EstateBlock checked: Sep 17, 2026 at 08:45am

Photos

Exterior Front Photo of 2987 W 40th Avenue, Vancouver, BC

Exterior Rear Photo of 2987 W 40th Avenue, Vancouver, BC

Living Room Photo of 2987 W 40th Avenue, Vancouver, BC

Family Room Photo of 2987 W 40th Avenue, Vancouver, BC

Dining Area Photo of 2987 W 40th Avenue, Vancouver, BC

Kitchen Photo of 2987 W 40th Avenue, Vancouver, BC

Kitchen Island Photo of 2987 W 40th Avenue, Vancouver, BC

Pantry Photo of 2987 W 40th Avenue, Vancouver, BC

Breakfast Nook Photo of 2987 W 40th Avenue, Vancouver, BC

Primary Bedroom Photo of 2987 W 40th Avenue, Vancouver, BC

Primary Bathroom Photo of 2987 W 40th Avenue, Vancouver, BC

Walk-In Closet Photo of 2987 W 40th Avenue, Vancouver, BC

Bedroom 2 Photo of 2987 W 40th Avenue, Vancouver, BC

Bedroom 3 Photo of 2987 W 40th Avenue, Vancouver, BC

Bedroom 4 Photo of 2987 W 40th Avenue, Vancouver, BC

Guest Bathroom Photo of 2987 W 40th Avenue, Vancouver, BC

Powder Room Photo of 2987 W 40th Avenue, Vancouver, BC

Office / Den Photo of 2987 W 40th Avenue, Vancouver, BC

Loft / Bonus Room Photo of 2987 W 40th Avenue, Vancouver, BC

Basement Recreation Room Photo of 2987 W 40th Avenue, Vancouver, BC

Laundry Room Photo of 2987 W 40th Avenue, Vancouver, BC

Mudroom Photo of 2987 W 40th Avenue, Vancouver, BC

Entry Foyer Photo of 2987 W 40th Avenue, Vancouver, BC

Hallway Photo of 2987 W 40th Avenue, Vancouver, BC

Staircase Photo of 2987 W 40th Avenue, Vancouver, BC

Garage Interior Photo of 2987 W 40th Avenue, Vancouver, BC

Outdoor Patio Photo of 2987 W 40th Avenue, Vancouver, BC

Outdoor Deck Photo of 2987 W 40th Avenue, Vancouver, BC

Backyard Photo of 2987 W 40th Avenue, Vancouver, BC

Front Yard Photo of 2987 W 40th Avenue, Vancouver, BC

Garden / Landscaping Photo of 2987 W 40th Avenue, Vancouver, BC

Swimming Pool Photo of 2987 W 40th Avenue, Vancouver, BC

Hot Tub / Spa Photo of 2987 W 40th Avenue, Vancouver, BC

Outdoor Kitchen Photo of 2987 W 40th Avenue, Vancouver, BC

Aerial View of 2987 W 40th Avenue, Vancouver, BC

Street View Photo of 2987 W 40th Avenue, Vancouver, BC

Neighborhood Park Photo Near 2987 W 40th Avenue, Vancouver, BC

Community Amenities Photo (Clubhouse) of 2987 W 40th Avenue, Vancouver, BC

Fitness Center Photo Near 2987 W 40th Avenue, Vancouver, BC

Playground / Recreational Area Near 2987 W 40th Avenue, Vancouver, BC

A rare opportunity to own one of Kerrisdale's most exceptional modern homes. This CHBA-certified Net-Zero residence blends award-winning Habihaus Studios with Scandinavian architecture, refined interiors by Form Collective & exceptional craftsmanship by Moment Construction. Offering an impressive 3550 SF—including an exceptionally rare 500 SF of additional living area achieved through its innovative Net-Zero design—the home features 6 BDRMS, 5 BTHRMS, soaring 10' ceilings, bespoke millwork, oversized triple-pane windows, A/C, HRV, a 12.74kW solar array, integrated Sonos, legal 2-BDRM suite & EV-ready 2-car garage. No GST. A remarkable blend of luxury, sustainability & architectural excellence in one of Vancouver's most coveted neighbourhoods. Call for a private viewing.

Interior Features

Basement Finished Area (sqft)	0
Basement Features	Finished
Fireplace	0
Heating Type	Heat Pump, Solar
# of Kitchens	3
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony, Private Yard
View Description	Treed views
Roof	Metal
Structures	Residential Detached

Building Details

Price	$4,988,000
Total Bedrooms	6
Total Bathrooms	5
Full Bathrooms	4
Half Bathrooms	1
Floor Area Total (sqft)	3576
Year Built	2024
Age Of Building	2
Building Type	Single Family Residence
Property Type	Residential
Stories	3
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, Lane Access, Rear Access
Total Parking Spaces	2
Rental Suites	Legal Suite

Lot & Land

Lot Size	4257
Lot Size Depth	Feet
Lot Size Frontage	33
MLS^® #	R3150386
Area	Vancouver West
Neighbourhood	Kerrisdale
City	Vancouver
Postal Code	V6N 3B3
Gross Taxes	$17,364.8
Zoning	R1-1

Property Timeline

Status	Date	Price
R3150386 / Active	07-27-2026	$4,988,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	12'4 x 12'4 ft
Main Level	Dining Room	10' x 10' ft
Main Level	Kitchen	18'3 x 18'3 ft
Main Level	Patio	23'5 x 23'5 ft
Main Level	Wok Kitchen	5'7 x 5'7 ft
Main Level	Office	11' x 11' ft
Main Level	Foyer	12'5 x 12'5 ft
Above Level	Primary Bedroom	18'4 x 18'4 ft
Above Level	Bedroom	10'2 x 10'2 ft
Above Level	Bedroom	13'10 x 13'10 ft
Above Level	Patio	22'6 x 22'6 ft
Abv Main 2	Bedroom	18'10 x 18'10 ft
Abv Main 2	Flex Room	10'10 x 10'10 ft
Abv Main 2	Storage	14'7 x 14'7 ft
Basement Level	Patio	10'3 x 10'3 ft
Basement Level	Media Room	12'10 x 12'10 ft
Basement Level	Kitchen	10'9 x 10'9 ft
Basement Level	Living Room	11' x 11' ft
Basement Level	Bedroom	10'5 x 10'5 ft
Basement Level	Bedroom	10'6 x 10'6 ft
Basement Level	Utility	9'8 x 9'8 ft

Bathrooms

Floor	Ensuite	Pieces
Above Level	Yes	#5
Above Level	No	#5
Above Main 2	Yes	#4
Main Level	No	#2
Basement	No	#3

Listed by: Oakwyn Realty Ltd. & Rennie & Associates Realty Ltd.

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 1.42 km 8.2/10
Elementary
Kerrisdale Elementary School: Above Average 0.15 km 8/10

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

Private Schools

Elementary, Secondary
Crofton House: Above Average 0.39 km 9.8/10
Elementary, Secondary
Crofton House: Above Average 0.39 km 9.8/10

Closest Transit

Bus Stop
Eastbound W 41 Ave @ Carnarvon St: 0.14 km
Skytrain
Skytrain @ Oakridge-41St Stn: 4.09 km

Crime Rate

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

Demographics

Post-Secondary Education: Above Average 54%
No Certificate/Degree: Below Average 8.9%
Owner Occupied: Below Average 41.8%
Employment Rate: Above Average 70.6%

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

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 — 4.09 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 KERRISDALE compares

This property

52 DOM

Average

Kerrisdale avg

67 DOM

Average

Vancouver avg

67 DOM

Slower market

2987 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 V6N 3B3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6N 3B3, 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 (~5.7 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

Shopping (16 nearby)

Senhora hair & beauty salon · 122 m · Hairdresser
House of jade · 175 m · Hairdresser
Bernie beauty salon · 801 m · Beauty Shop

Restaurants (12 nearby)

Crêpe & café · 723 m · Restaurant
Lok's chinese restaurant · 780 m · Restaurant
Minerva · 789 m · Restaurant

Groceries (6 nearby)

Butter baked goods · 713 m · Bakery
Saint germain bakery · 879 m · Bakery
Konbiniya japan centre · 910 m · Supermarket

Cafes (2 nearby)

Grandmama's cafe · 795 m · Cafe
Legato cafe · 972 m · Cafe

Healthcare (2 nearby)

Southland pharmacy · 811 m · Healthcare
Shoppers drug mart · 923 m · Healthcare

Transit (1 nearby)

Bus stop dunbar loop @ bay 5 · 990 m · Transit

Schools NearBy

23 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Kerrisdale Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	8.0 / 10	Distance 151 m
Crofton House	Independent	Grades Served K-12	Catchment Info —	9.5 / 10	Distance 387 m
Dr. George M. Weir Elementary School	Public	Grades Served K-7	Catchment Info —	6.3 / 10	Distance 481 m
Point Grey Secondary	Public	Grades Served —	Catchment Info —	8.2 / 10	Distance 1.39 KM
Point Grey Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	8.2 / 10	Distance 1.42 KM
Prince of Wales Secondary School	Public	Grades Served 8-12	Catchment Info —	8.4 / 10	Distance 1.51 KM
Quilchena Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 1.54 KM
Trafalgar Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 1.63 KM
Magee Secondary School	Public	Grades Served 8-12	Catchment Info —	7.6 / 10	Distance 1.70 KM
Lord Kitchener Elementary School	Public	Grades Served K-7	Catchment Info —	8.2 / 10	Distance 1.74 KM
Maple Grove Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 1.75 KM
Southlands Elementary School	Public	Grades Served K-7	Catchment Info —	6.3 / 10	Distance 1.84 KM
Carnarvon Community Elementary	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.32 KM
St George's School	Independent	Grades Served 1-12	Catchment Info —	9.4 / 10	Distance 2.33 KM
Dr. R. E. McKechnie Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.48 KM
Shaughnessy Elementary School	Public	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 2.50 KM
Little Flower Academy	Independent	Grades Served 8-12	Catchment Info —	10.0 / 10	Distance 2.59 KM
Vancouver College	Independent	Grades Served K-12	Catchment Info —	8.6 / 10	Distance 2.65 KM
York House School	Independent	Grades Served K-12	Catchment Info —	9.3 / 10	Distance 2.70 KM
Lord Byng Secondary School	Public	Grades Served 8-12	Catchment Info —	8.1 / 10	Distance 2.89 KM
Sir William Osler Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.92 KM
SelfDesign Learning Community (DL)	Independent	Grades Served —	Catchment Info —	5.7 / 10	Distance 2.95 KM
Kitsilano Secondary School	Public	Grades Served 8-12	Catchment Info —	7.2 / 10	Distance 2.98 KM

Pre-computed routes from 2987 W 40th Ave, Vancouver, BC

2987 W 40th Ave, Vancouver, BC Oakridge-41st 4.1 km

64 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Oakridge-41st → Waterfront
64 min
Metrotown, Burnaby via Oakridge-41st → Metrotown
82 min
SFU Burnaby via Oakridge-41st → Production Way
89 min
Richmond Centre via Oakridge-41st → Brighouse
65 min
YVR Airport via Oakridge-41st → YVR-Airport
66 min

By car (off-peak)

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

Calculate your commute

2987 W 40th Ave, Vancouver, BC is ideally located for commuters. The property is 4.1 km from Oakridge-41st, with a 64 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound W 41 Ave @ Carnarvon St (0.14 km). Walk Score Transit rating: Good Transit (61/100).

Walkability & Transit Near 2987 W 40th Avenue

Car-Dependent 79

Walk Score - Very Walkable

Most errands can be accomplished on foot

Some Transit 61

Transit Score - Good Transit

Many nearby public transportation options

Somewhat
Bikeable 83

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 2987 W 40th Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 005-866-987).

Total Assessed Value (2026)

$4,264,000

+0.7% YoY

+16.6%/yr over 4 yr

2022 Value Trend 2026

Land

$2,216,000

Buildings

$2,048,000

Year Built

1976

Class

Residential Inclusive

Zoning

R1-1

Property Tax

$17,982

Year	Land	Improvements	Total Assessed	YOY Change
2026	$2,216,000	$2,048,000	$4,264,000	+0.7%
2025	$2,197,000	$2,038,000	$4,235,000	+60.0%
2024	$2,072,600	$574,000	$2,646,600	+14.7%
2023	$2,218,000	$89,100	$2,307,100	-0.1%
2022	$2,218,000	$92,300	$2,310,300	—

Mortgage Calculator for 2987 W 40th Avenue

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $1,447

Maintenance fee 0

Financing 80% of the $4,988,000 asking price over 30 years at 4% results in approximately $20,498/month in total estimated carrying costs, $1,447 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: Aug 14, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

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Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

This listing generates an estimated $12,038/month in rental income, leaving a -$8,792/month cashflow at current carrying costs. Investors targeting break-even would need roughly 57% down.

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

Estateblock Rent Estimate for 2987 W 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.