3 2240 E 40th Ave, Vancouver BC – Duplex for Sale – MLS® R3174769

3 2240 E 40th Avenue, Vancouver, British Columbia V5P 1J5

1 day on the market
$1,178,000
Est. Mortgage $5,211/mo
Listing updated:
EstateBlock checked:
3 Beds
4 Baths
1380 sqft
854 $ /sqft
520.76 $ Maint. fee
2026 built
NEW OPEN HOUSE
1 day on the market
$1,178,000
Est. $5,211/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 3 2240 E 40th Avenue

Picture it: coffee on the covered porch, the kids in your fenced yard, a swim at Kensington Park pool, then off to 29th Ave SkyTrain. This is The Davis at QUINTET, 5 boutique residences in Kensington-Cedar Cottage by Costar Construction, 2024 Georgie Award winner for Best Multiplex Home. 1,380 sf, 3 beds & 3.5 baths over 3 levels, plus a studio suite w/ private entry. Cook on a 5-burner gas range w/ Bosch integrated appliances, stay cool with heat pump A/C, unwind in a heated-floor ensuite. Parking w/ EV charger. Steps to shops, schools & T&T. 2-5-10 warranty, 5-yr extended appliance warranty + 2 yrs of strata fees (~$12,500) credited at closing. Est. Nov 2026. Easy to show.

Open houses

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

15 Oct, 2026 (11:00 AM to 03:00 PM)

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

18 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 $1,178,000
Total Bedrooms 3
Total Bathrooms 4
Full Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 1380
Year Built 2026
Age Of Building 0
Building Type Half Duplex
Property Type Residential
Stories 2
Building Amenities Bike Room, Trash, Management, Sewer, Snow Removal, Water
Ownership Type Freehold Strata
Maintenance Fee $520.76
Amenities Nearby Bike Room, Trash, Management, 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 None
Total Parking Spaces 0
Strata Restrictions Pets Allowed,Rentals Allowed
Pet Restrictions Yes
Units In Development 5

Lot & Land

Lot Size Depth Feet
MLS® # R3174769
Area Vancouver East
Neighbourhood Victoria VE
City Vancouver
Postal Code V5P 1J5
Gross Taxes 0
Zoning CD-1

Property Timeline

Status Date Price
R3174769 / Active 10-13-2026 $1,178,000
Rooms
Floor Type Dimensions
Main Level Recreation Room 15'8 x 15'8 ft
Above Level Living Room 11'4 x 11'4 ft
Above Level Dining Room 12'1 x 12'1 ft
Above Level Kitchen 12'1 x 12'1 ft
Abv Main 2 Primary Bedroom 10'4 x 10'4 ft
Abv Main 2 Bedroom 8'7 x 8'7 ft
Abv Main 2 Bedroom 7'11 x 7'11 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Above Level No #2
Above Main 2 No #3
Above Main 2 Yes #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

61 / 100
Overall sell-speed score
Moderate pace expected
A
Price competition grade
Avg comparable: $1,388,862
—
Market conditions
Market conditions unavailable
Flood Risk
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
1 DOM
Listed
Victoria VE avg
—
—
Vancouver avg
—
—

3 2240 E 40th Avenue has a sell-speed score of 61/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 17.9% below comparable active properties in Victoria 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 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. 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

—
N/A

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

—
N/A

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

—
N/A

Distance

1.98 KM

Collingwood Neighbourhood School

Public

Grades Served

K-3

Catchment Info

—
N/A

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

—
N/A

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

—
N/A

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 3 2240 E 40th Ave, Vancouver, BC

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

3 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 3 2240 E 40th Avenue

Walk Score Badge
Car-Dependent 91

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 68

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

Mortgage Calculator for 3 2240 E 40th Avenue

/month
Principal & Interest
Property Taxes $0
Maintenance fee 520.76
Based on a 30-year fixed at 4% interest with 20% down ($235,600), the estimated monthly payment for this listing is $5,020/month — $4,499 principal & interest, $521 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.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $3,357/month, this property runs a $1,713/month shortfall after mortgage and carrying costs. Break-even requires approximately 51% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 3 2240 E 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 — Victoria VE, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $1,178,000
Vancouver Loading...
Victoria VE Loading...

Based on 5 comparable active properties in Victoria VE, the average asking price is $1,434,546. This listing is priced 17.9% below the neighbourhood average.

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 3 2240 E 40th Avenue

Walk Score Badge
Car-Dependent 91

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 68

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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