1 2240 E 40 Ave, Vancouver, BC, MLS® R3050810

$1,475,000
Est. Mortgage /mo

$1,475,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
4 Beds
4 Baths
3 Stories
$ 576.26 Maint. Fee
1518 sqft
2026 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

1 2240 E 40 Ave, Vancouver, BC | MLS® R3050810 Property Details

Are you looking for a Georgie Award winning home to purchase with another family member? Discover QUINTET, a boutique collection of five modern East Vancouver townhomes by Costar Construction - 2024 Georgie Award Winner for Best Multiplex. Each 3-bed, 3-bath home includes a private lock-off nanny or in-law suite with its own entrance, ensuite, laundry, and wet bar/kitchen. Features include Japan/Scandinavian-inspired interiors, premium Cosentino quartz, luxury oak-grain vinyl flooring, custom millwork, triple-glazed windows, and Bosch appliances. Steps to Victoria Drive parks, shops, schools, and transit. Please call for Appointments at 3195 Oak St.

General Info

Price $1,475,000
Total Bedrooms 4
Total Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 1518
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2026
Age Of Building 0
Building Type Townhouse
Property Type Residential
Architecture Style 3 Storey
Stories 3
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Trash, Maintenance Grounds, Hot Water, Management
Building Features BuildingFeatures
Structures Residential Attached

Additional Details

MLS® # R3050810
Area Vancouver East
Neighbourhood Victoria VE
City Vancouver
Gross Taxes 0
Ownership Type Freehold Strata
Maintenance Fee $576.26
Community Features Shopping Nearby
Amenities Nearby Trash, Maintenance Grounds, Hot Water, Management
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Heat Pump
Cooling Air Conditioning

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Open, Rear Access
Total Parking Spaces 1

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Strata Restrictions No Restrictions
Rental Restrictions -
Zoning CD-1
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Vinyl, Carpet
Foundation Concrete Perimeter
Locker 1
View -
View Description -
Units In Development 5
Exterior Features Garden
Sewer Sanitary Sewer, Storm Sewer

Property History

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Status Date Price
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Listed by: Oakwyn Realty Ltd. & Oakwyn 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.

Neighborhood Info

Public Schools

Secondary
Gladstone Secondary School
1.66 km
Elementary
G. T. Cunningham Elementary School
Average
0.4 km
5.8/10

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

Private Schools

Elementary
Corpus Christi School
0.82 km
Secondary
Vancouver Formosa Academy
1.06 km

Closest Transit

Bus Stop
Eastbound E 41 Ave @ Gladstone St
0.12 km
Skytrain
Skytrain @ 29Th Av Stn
1.57 km

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

Welcome to 1 2240 E 40 Avenue in Vancouver, BC, MLS® R3050810 - a charming neighborhood that offers a perfect blend of community spirit, convenience, and lifestyle luxury. As we walk through this beautiful area, I'm excited to share with you the highlights of this wonderful community.

Schools: A Strong Foundation for Families

The property at 1 2240 E 40 Avenue is serviced by G. T. Cunningham Elementary School, which is just a 0.4 km stroll away. With a rating of 5.8/10, this school provides a solid foundation for your child's education. Additionally, Gladstone Secondary School is nearby, located approximately 1.66 km from this home. We also have Corpus Christi School, an elementary independent school, with a rating of 10/10, located 0.82 km from this home. These educational institutions are a testament to the community's commitment to providing quality education for its residents.

Crime: A Safe and Peaceful Environment

The crime statistics for this neighborhood are reassuring, with an overall crime rate of 7,470.82 incidents per 100,000 population, which is Average compared to other Canadian cities. According to Statistics Canada's 2020 report, there were 52,217 violeance disturbances in this neighbourhood, indicating a relatively low crime rate. With a year-over-year change in the total crime rate of -14.94%, this neighborhood is becoming increasingly safer.

Demographics: A Diverse and Thriving Community

The demographics of this neighborhood are diverse and thriving, with 22.1% of residents holding a university certificate or degree, which is Above Average compared to other BC neighbourhoods. The median household income is $65,609, which is Average in comparison to the British Columbia average. With a low unemployment rate of 6.9% and a Below Average rate in comparison to other province neighbourhoods, this community is stable and prosperous.

Lifestyle Amenities: Convenience and Comfort

This neighborhood offers a range of lifestyle amenities that make it an ideal place to call home. The closest Bus station is Eastbound E 41 Ave @ Gladstone St, which is just 0.12 km away from this listing. With a population density per square kilometre of 7,680.3, which is High, you'll never be far from the action. The average size of families in this area is 3, which is Above Average, and 72.2% of families have children, making it a great place to raise a family.

Real Estate Context: Luxury and Affordability

The real estate market in this neighborhood is characterized by high Average value of dwellings, with $1,330,325 being the typical price point. This is High compared to other areas in British Columbia. With Average Owner payments of $1,331 and Tenants paying $1,118 on average, this neighborhood offers a range of housing options to suit different budgets.

Transportation: Convenient and Accessible

The transportation options in this neighborhood are convenient and accessible, with 34.3% of residents using Public Transport, which is High, and 59.3% using Cars, which is Low. 2.6% of residents use Bicycles, which is Above Average, and 3.3% walk, which is Average.

In conclusion, 1 2240 E 40 Avenue in Vancouver, BC, MLS® R3050810 is a wonderful neighborhood that offers a perfect blend of community spirit, convenience, and lifestyle luxury. With its strong schools, low crime rate, diverse demographics, and convenient lifestyle amenities, this neighborhood is an ideal place to call home.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,475,000
Vancouver $2,037,543
Victoria VE No comparables
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

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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