3491 W 40th Ave, Vancouver BC - Single Family Residence for Sale - MLS# R3155819

2 days on the market
$4,280,000
Est. Mortgage $18,935/mo
Listing updated:
EstateBlock checked:
4 Beds
5 Baths
3749 sqft
1142 $ /sqft
1996 built
NEW
2 days on the market
$4,280,000
Est. $18,935/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 3491 W 40th Avenue

Extensively renovated and thoughtfully updated, this beautiful Dunbar home offers a rare combination of space, privacy and quality. A corner property with a south-facing entrance, it features a warm West Coast-inspired interior blending natural wood tones with crisp white finishes. The main level offers 3 bedrooms, each with its own ensuite, ideal for family living. The lower level includes an additional bedroom, full bath, wet bar, wine cellar and ample storage. Comprehensive upgrades include kitchen cabinetry, appliances, bathrooms, lighting, windows and Hunter Douglas window coverings. Situated on a quiet, tree-lined street in sought-after Dunbar, close to schools, shopping, parks and everyday amenities. A wonderful opportunity for comfortable West Side living.

Interior Features

Basement Finished Area (sqft) 1096
Basement Features Full
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 1
Heating Type Forced Air
Cooling Air Conditioning
# of Kitchens 1
Flooring Hardwood
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Concrete
Structures Residential Detached

Building Details

Price $4,280,000
Total Bedrooms 4
Total Bathrooms 5
Full Bathrooms 4
Half Bathrooms 1
Floor Area Total (sqft) 3749
Year Built 1996
Age Of Building 30
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
Water (WaterSource) Public
Parking Type Garage Double, Side Access
Total Parking Spaces 4
Rental Suites None

Lot & Land

Lot Size 6254
Lot Size Depth Feet
Lot Size Frontage 61.62
MLS® # R3155819
Area Vancouver West
Neighbourhood Dunbar
City Vancouver
Postal Code V6N 3B5
Gross Taxes $17,875.5
Zoning RES

Property Timeline

Status Date Price
R3155819 / Active 08-14-2026 $4,280,000
Rooms
Floor Type Dimensions
Main Level Living Room 12'8 x 12'8 ft
Main Level Kitchen 13'4 x 13'4 ft
Main Level Dining Room 11'1 x 11'1 ft
Main Level Eating Area 12'0 x 12'0 ft
Main Level Family Room 15'1 x 15'1 ft
Main Level Office 10'0 x 10'0 ft
Above Level Primary Bedroom 12'8 x 12'8 ft
Above Level Bedroom 13'6 x 13'6 ft
Above Level Bedroom 12'0 x 12'0 ft
Above Level Den 10'4 x 10'4 ft
Below Recreation Room 17'0 x 17'0 ft
Below Bedroom 10'6 x 10'6 ft
Below Storage 10'0 x 10'0 ft
Below Media Room 15'0 x 15'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Above Level Yes #5
Above Level Yes #3
Above Level Yes #3
Basement No #4

Listed by: RE/MAX Crest 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
Point Grey Secondary School
Above Average 2.1 km 8.2/10
Elementary
Kerrisdale Elementary School
Above Average 0.53 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 0.37 km 9.8/10
Elementary, Secondary
Crofton House
Above Average 0.37 km 9.8/10

Closest Transit

Bus Stop
Westbound W 41 Ave @ Collingwood St
0.13 km
Skytrain
Skytrain @ Yvr-Airport Stn
4.67 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 56%
No Certificate/Degree
Below Average 8%
Owner Occupied
Below Average 40.4%
Employment Rate
Above Average 68.8%

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 — 4.67 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 DUNBAR compares
This property
2 DOM
Very fast
Dunbar avg
67 DOM
Average
Vancouver avg
67 DOM
Slower market

3491 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 3B5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6N 3B5, 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 (~5.9 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 (10 nearby)

  • Sunset tanning salon · 180 m · Beauty Shop
  • Musqueam · 185 m · Post Office
  • Southland pharmacy · 187 m · Pharmacy

Restaurants (4 nearby)

  • Crêpe & café · 145 m · Restaurant
  • Red tuna · 245 m · Restaurant
  • Papa john's · 255 m · Fast Food

Groceries (3 nearby)

  • New district wine beer spirits · 259 m · Beverages
  • H-mart · 273 m · Supermarket
  • Bread culture · 276 m · Bakery

Healthcare (1 nearby)

  • Southland pharmacy · 187 m · Healthcare

Transit (1 nearby)

  • Bus stop northbound dunbar st @ w 31 ave · 1000 m · Transit

Schools NearBy

17 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Crofton House

Independent

Grades Served

K-12

Catchment Info

9.5 / 10

Distance

372 m

Kerrisdale Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
8.0 / 10

Distance

528 m

Dr. George M. Weir Elementary School

Public

Grades Served

K-7

Catchment Info

6.3 / 10

Distance

928 m

Southlands Elementary School

Public

Grades Served

K-7

Catchment Info

6.3 / 10

Distance

1.18 KM

Lord Kitchener Elementary School

Public

Grades Served

K-7

Catchment Info

8.2 / 10

Distance

1.62 KM

St George's School

Independent

Grades Served

1-12

Catchment Info

9.4 / 10

Distance

1.81 KM

Trafalgar Elementary School

Public

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

1.98 KM

Prince of Wales Secondary School

Public

Grades Served

8-12

Catchment Info

8.4 / 10

Distance

2.05 KM

Point Grey Secondary

Public

Grades Served

Catchment Info

8.2 / 10

Distance

2.06 KM

Point Grey Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
8.2 / 10

Distance

2.10 KM

Quilchena Elementary School

Public

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

2.21 KM

Magee Secondary School

Public

Grades Served

8-12

Catchment Info

7.6 / 10

Distance

2.32 KM

Maple Grove Elementary School

Public

Grades Served

K-7

Catchment Info

7.7 / 10

Distance

2.39 KM

Carnarvon Community Elementary

Public

Grades Served

K-7

Catchment Info

7.7 / 10

Distance

2.39 KM

Lord Byng Secondary School

Public

Grades Served

8-12

Catchment Info

8.1 / 10

Distance

2.63 KM

Queen Elizabeth Elementary School

Public

Grades Served

K-7

Catchment Info

8.1 / 10

Distance

2.75 KM

Dr. R. E. McKechnie Elementary School

Public

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

2.92 KM

Pre-computed routes from 3491 W 40th Ave, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via YVR-Airport → Waterfront
    85 min
  • Metrotown, Burnaby via YVR-Airport → Metrotown
    103 min
  • SFU Burnaby via YVR-Airport → Production Way
    110 min
  • Richmond Centre via YVR-Airport → Brighouse
    72 min
  • YVR Airport
    59 min

By car (off-peak)

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

Calculate your commute

3491 W 40th Ave, Vancouver, BC is ideally located for commuters. The property is 4.7 km from YVR-Airport, with a 85 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound W 41 Ave @ Collingwood St (0.13 km). Walk Score Transit rating: Good Transit (63/100).

Walkability & Transit Near 3491 W 40th Avenue

Walk Score Badge
Car-Dependent 81

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 63

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
83

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 3491 W 40th Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 003-149-145).
Total Assessed Value (2026)
$3,994,000
-4.8% YoY
-0.2%/yr over 4 yr
2022 Value Trend 2026
Land
$2,986,000
Buildings
$1,008,000
Year Built
1995
Class
Residential Inclusive
Zoning
R1-1
Property Tax
$17,876
Year Land Improvements Total Assessed YOY Change
2026 $2,986,000 $1,008,000 $3,994,000
-4.8%
2025 $3,198,000 $998,000 $4,196,000
+0.8%
2024 $3,167,000 $995,000 $4,162,000
+1.9%
2023 $3,063,000 $1,020,000 $4,083,000
+1.5%
2022 $3,107,000 $915,000 $4,022,000

Mortgage Calculator for 3491 W 40th Avenue

/month
Principal & Interest
Property Taxes $1,490
Maintenance fee 0
Financing 80% of the $4,280,000 asking price over 30 years at 4% results in approximately $17,837/month in total estimated carrying costs, $1,490 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 $9,352/month in rental income, leaving a -$8,770/month cashflow at current carrying costs. Investors targeting break-even would need roughly 63% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 3491 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 — Dunbar, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $4,280,000
Vancouver Loading...
Dunbar Loading...

No active comparable properties are currently available for this property type in Vancouver. The price evaluation chart will update as similar listings enter the market.

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

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 3491 W 40th Avenue

Walk Score Badge
Car-Dependent 81

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 63

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
83

Bike Score - Very Bikeable

Biking is convenient for most trips

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