Home Vancouver, BC Fairview VW 8 1040 W 7th Avenue

8 1040 W 7th Ave, Vancouver BC V6H 1B3 – Townhouse for Sale – MLS® R3180906

8 1040 W 7th Avenue, Vancouver, British Columbia V6H 1B3

Vancouver Townhouses for Sale

8 days on the market

$1,590,000

Est. monthly cost $7,542/mo

Updated with MLS® - Nov 11, 2026 at 04:20pm

2 Beds

3 Baths

1541 sqft

1032 $ /sqft

721.98 $ Maint. fee

1981 built

OPEN HOUSE

Photos

Enjoy breathtaking views of False Creek, Downtown Vancouver, and the North Shore mountains from your private rooftop deck, or relax beside the wood burning fireplace with city views. Located in the heart of Fairview, this beautifully renovated three level townhome offers approximately 1,541 sq.ft. in an intimate 10 unit complex. Featuring 2, possibly 3 bedrooms, 3 bathrooms, open concept living, and skylights throughout. The well maintained, rainscreened complex offers 1 parking space and 1 storage locker. Steps from Charleson Park and minutes from Granville Island, False Creek, and the Seawall. Experience the best of Vancouver living. Open Sun Nov 15th 2-4pm.

Open houses

15 Nov, 2026 (02:00 PM to 04:00 PM)

Building 24 fields Inside & out 11 fields Lot & land 8 fields

Building Details

Price	$1,590,000
Total Bedrooms	2
Total Bathrooms	3
Full Bathrooms	2
Half Bathrooms	1
Floor Area Total (sqft)	1541
Year Built	1981
Age Of Building	45
Building Type	Townhouse
Property Type	Residential
Architecture Style	3 Storey
Stories	3
Building Amenities	Trash, Maintenance Grounds, Management
Ownership Type	Freehold Strata
Maintenance Fee	$721.98
Amenities Nearby	Trash, Maintenance Grounds, Management
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Underground, Front Access
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Yes With Restrictions
Units In Development	10

Interior Features

Basement Finished Area (sqft)	289
Basement Features	Finished
Interior Features	Elevator, Storage
Fireplace	1
Heating Type	Electric
Laundry	In Unit
# of Kitchens	1
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
Roof	Torch-On
Structures	Residential Attached

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3180906
Area	Vancouver West
Neighbourhood	Fairview VW
City	Vancouver
Postal Code	V6H 1B3
Gross Taxes	$4,961.82
Zoning	FM-1

Property Timeline

Status	Date	Price
R3180906 / Active	11-03-2026	$1,590,000

Rooms

Floor	Type	Dimensions
Main Level	Kitchen	15'8 x 15'8 ft
Main Level	Dining Room	12' x 12' ft
Main Level	Living Room	15'5 x 15'5 ft
Below	Primary Bedroom	15'6 x 15'6 ft
Below	Bedroom	13'1 x 13'1 ft
Basement Level	Foyer	9'1 x 9'1 ft
Basement Level	Den	10'5 x 10'5 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#2
Below	Yes	#3
Below	Yes	#3

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, sell speed & climate

SkyTrain 0.91 km · Kitsilano Secondary School 7.2/10 · 2.67 km · crime average · sell-speed score 39/100 (may take longer) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (120 nearby)

The ups store · 163 m · Post Office
The dance shop · 167 m · Sports Shop
King & queen spa · 171 m · Beauty Shop

Restaurants (102 nearby)

John 3:16 malaysian delights · 161 m · Restaurant
Saucin staples · 162 m · Restaurant
Privé · 165 m · Restaurant

Cafes (44 nearby)

Chun fun how · 161 m · Cafe
Waves coffee house · 176 m · Cafe
Feng cha · 197 m · Cafe

Groceries (30 nearby)

Broadway liquor store · 230 m · Beverages
7-eleven · 556 m · Convenience
Dean's food store · 627 m · Convenience

Healthcare (15 nearby)

Finlandia pharmacy and natural health centre · 193 m · Healthcare
Pharmasave · 230 m · Healthcare
Shoppers drug mart · 347 m · Healthcare

Transit (3 nearby)

Bus stop westbound w 2nd ave @ anderson st · 898 m · Transit
Skytrain @ olympic village stn station · 911 m · Transit
Skytrain @ broadway-city hall stn station · 977 m · Transit

Public Schools

Elementary
False Creek Elementary School: Average 0.26 km 6/10
Secondary
Kitsilano Secondary School: Above Average 2.67 km 7.2/10

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

Private Schools

Elementary,Secondary
Eaton Arrowsmith School (Vancouver) Ltd: 0.7 km
Secondary
Canada Royal Arts High School: Average 0.31 km 4.6/10

Closest Transit

Bus Stop
Eastbound Lameys Mill Rd @ Sitka Square: 0.16 km
Skytrain
Skytrain @ Olympic Village Stn: 0.91 km

Crime Rate

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

Demographics

Post-Secondary Education: Above Average 58.9%
No Certificate/Degree: Below Average 2.8%
Owner Occupied: Average 72.3%
Employment Rate: Below Average 33%

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

39 / 100

Overall sell-speed score

May take longer

Price competition grade

Avg comparable: $1,510,333

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.91 km from station

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How FAIRVIEW VW compares

This property

8 DOM

Very fast

Fairview VW avg

56 DOM

Average

Vancouver avg

56 DOM

Slower market

8 1040 W 7th Avenue has a sell-speed score of 39/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 5.3% above comparable active properties in Fairview VW. The local market is currently a Buyer's Market with a sales-to-active ratio of 11.1% and an area average of 56 days on market — buyers have more leverage. With 216 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 V6H 1B3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6H 1B3, 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 (~3.7 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.

Schools NearBy

48 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 240 m
False Creek Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	6.0 / 10	Distance 255 m
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 306 m
Queen Alexandra Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 459 m
St. Lawrence School	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 535 m
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	N/A	Distance 697 m
VISST	Independent	Grades Served —	Catchment Info —	9.9 / 10	Distance 771 m
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 875 m
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 959 m
Century High School	Independent	Grades Served 10-12	Catchment Info —	5.7 / 10	Distance 1.29 KM
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 1.37 KM
Edith Cavell Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 1.57 KM
Lord Tennyson Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 1.59 KM
Emily Carr Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 1.66 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 1.67 KM
Henry Hudson Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 1.68 KM
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 1.74 KM
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	N/A	Distance 1.77 KM
Westside Montessori	Independent	Grades Served K	Catchment Info —	N/A	Distance 1.83 KM
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 1.83 KM
St. Augustine's	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 1.86 KM
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 1.88 KM
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 1.91 KM
Vancouver Talmud Torah Elementary School	Independent	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 1.91 KM
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.00 KM
York House School	Independent	Grades Served K-12	Catchment Info —	9.3 / 10	Distance 2.03 KM
St. John's School	Independent	Grades Served K-12	Catchment Info —	9.8 / 10	Distance 2.04 KM
Little Flower Academy	Independent	Grades Served 8-12	Catchment Info —	10.0 / 10	Distance 2.13 KM
Fraser Academy	Independent	Grades Served 2-12	Catchment Info —	6.2 / 10	Distance 2.14 KM
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 2.16 KM
Shaughnessy Elementary School	Public	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 2.18 KM
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info —	2.1 / 10	Distance 2.33 KM
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 2.37 KM
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 2.39 KM
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 2.39 KM
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 2.39 KM
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 2.43 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 2.43 KM
Florence Nightingale Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.48 KM
Columbia College	Independent	Grades Served 11-12	Catchment Info —	N/A	Distance 2.48 KM
Sino Bright School BC	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 2.52 KM
General Wolfe Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.53 KM
Lord Roberts Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 2.56 KM
Kitsilano Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	7.2 / 10	Distance 2.67 KM
Vancouver Technical Secondary School	Public	Grades Served 8-12	Catchment Info —	7.1 / 10	Distance 2.68 KM
David Livingstone Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.68 KM
King George Secondary School	Public	Grades Served 8-12	Catchment Info —	6.2 / 10	Distance 2.83 KM
SelfDesign Learning Community (DL)	Independent	Grades Served —	Catchment Info —	5.7 / 10	Distance 2.94 KM

Pre-computed routes from 8 1040 W 7th Ave, Vancouver, BC

8 1040 W 7th Ave, Vancouver, BC Olympic Village 0.9 km

20 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Olympic Village → Waterfront
20 min
Metrotown, Burnaby via Olympic Village → Metrotown
38 min
SFU Burnaby via Olympic Village → Production Way
45 min
Richmond Centre via Olympic Village → Brighouse
33 min
YVR Airport via Olympic Village → YVR-Airport
34 min

By car (off-peak)

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

Calculate your commute

8 1040 W 7th Ave, Vancouver, BC is ideally located for commuters. The property is 0.9 km from Olympic Village, with a 20 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Lameys Mill Rd @ Sitka Square (0.16 km). Walk Score Transit rating: Excellent Transit (82/100).

Walkability & Transit Near 8 1040 W 7th Avenue

Walker's Paradise 99

Walk Score - Walker's Paradise

Daily errands do not require a car

Excellent Transit 82

Transit Score - Excellent Transit

Transit is convenient for most trips

BC Assessment Value — 8 1040 W 7th Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 006-218-105).

Total Assessed Value (2026)

$1,475,000

-7.2% YoY

+0.4%/yr over 4 yr

2022 Value Trend 2026

Land

$1,326,000

Buildings

$149,000

Year Built

1981

Class

Residential

Zoning

R4-1

Property Tax

$4,962

Year	Land	Improvements	Total Assessed	YOY Change
2026	$1,326,000	$149,000	$1,475,000	-7.2%
2025	$1,428,000	$161,000	$1,589,000	+1.1%
2024	$1,413,000	$159,000	$1,572,000	-1.4%
2023	$1,433,000	$161,000	$1,594,000	+9.9%
2022	$1,251,000	$199,000	$1,450,000	—

Costs & calculators

Monthly cost about $7,542/month · rent estimate $4,134/month · owning catches up with renting by year 29 · cash flow if rented −$3,668/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 8 1040 W 7th Avenue

$7,542 /month

Principal & Interest $6,407

Property Taxes $413

Maintenance fee $722

The estimated monthly cost of 8 1040 W 7th Avenue, Vancouver is $7,542: $6,407 principal and interest with 20% down over 30 years at 4.45%, plus $413 property tax and $722 strata 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

−$3,668 /month

Mortgage Payment $6,407

Monthly Cash Flow −$3,668

Break Even Down Payment 66%

Cap Rate -2.8%

Cash on Cash -13.8%

If 8 1040 W 7th Avenue, Vancouver were rented at $4,134 a month with 5% vacancy, it would fall $3,668 a month short of the mortgage and carrying costs; about 66% down would break even.

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

Estateblock Rent Estimate for 8 1040 W 7th Avenue, Vancouver

$4,134 / month

Rent $4,134

Own $7,542

Principal: $2,061/mo Interest, tax, insurance, fees: $5,481/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,725/mo (year 1) → ~$4,012/mo (year 20) → ~$5,984/mo (year 29).

Net cost to own at year 5 ~$5,481/mo About $1,347/mo more than renting

EstateBlock estimates 8 1040 W 7th Avenue, Vancouver would rent for about $4,134 a month.

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.

Rent vs own: 8 1040 W 7th Avenue

Rent vs own

Owning catches up by year 29

With 20% down ($318,000) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $113,352

Principal paid off by year 10 $254,893

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 8 1040 W 7th Avenue, Vancouver is cheaper at first, but owning catches up by year 29, with $113,352 of principal paid off by year 5 and $254,893 by year 10.