5 2240 E 40th Ave, Vancouver, BC | MLS^® R3070512 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. This 3-bed, 2.5 bath unit is a DETACHED coach-house-like townhome. 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 $1,250,000

Total Bedrooms 3

Total Bathrooms 2

Half Bathrooms 1

Floor Area Total (sqft) 1127

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

Stories 2

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove

Building Amenities Trash, Maintenance Grounds, Gas, Hot Water, Snow Removal

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS^® # R3070512

Area Vancouver East

Neighbourhood Victoria VE

City Vancouver

Gross Taxes 0

Ownership Type Freehold Strata

Maintenance Fee $354.29

Community Features Shopping Nearby

Amenities Nearby Trash, Maintenance Grounds, Gas, Hot Water, Snow Removal

Fixtures Included -

Heating & Cooling

Fireplace -

Heating Type Heat Pump

Cooling Central Air, Air Conditioning

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Open

Total Parking Spaces -

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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 -

View Description -

Units In Development 5

Exterior Features Garden

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Roof Asphalt

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	13'4 x 13'4 ft
Main Level	Dining Room	9'11 x 9'11 ft
Main Level	Kitchen	9'11 x 9'11 ft
Main Level	Pantry	3'0 x 3'0 ft
Above Level	Primary Bedroom	11'0 x 11'0 ft
Above Level	Bedroom	7'11 x 7'11 ft
Above Level	Bedroom	8'1 x 8'1 ft

Bathrooms

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

Listed by: Oakwyn Realty Ltd. & 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 5 2240 E 40th Avenue, Vancouver, BC - MLS^® R3070512

As we walk through the charming neighborhood of 5 2240 E 40th Avenue, Vancouver, BC, I'm excited to share with you the wonderful features of this property. Located in the heart of Vancouver, this home is perfect for families and individuals looking for a convenient and vibrant lifestyle.

Schools

Just a short 0.4 km walk from home, we have G. T. Cunningham Elementary School, which boasts a rating of 5.8/10. This school is a top choice for families, and its proximity to our home makes it an ideal option for kids. Additionally, Gladstone Secondary School is just 1.66 km away, and Corpus Christi School, an independent elementary school, is a mere 0.82 km from our doorstep. Vancouver Formosa Academy, an independent secondary school, is also nearby, located 1.06 km from our home.

Crime

According to the latest crime data from Statistics Canada (2020), our neighborhood has a crime rate of 7,470.82, which is considered Average compared to other Canadian cities. There were 52,217 volation disturbances in the area, but with a -14.94% year-over-year change, we can see that the crime rate is decreasing. This makes our neighborhood a safe and desirable place to live.

Demographics

The demographics of our neighborhood are diverse and thriving. With 22.1% of the population holding a university certificate or degree, this is Above Average compared to other BC neighborhoods. However, 26.7% of the population has no certificate or degree, which is also Above Average. The median household income is $65,609, which is Average compared to the British Columbia average. The median personal income is $24,312, which is Low compared to the BC average.

Transit

We're conveniently located near the Eastbound E 41 Ave @ Gladstone St bus station, just 0.12 km away from our home. This makes it easy to get around the city without a car.

Lifestyle Amenities

Our neighborhood is surrounded by plenty of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals. With a High population density per square kilometer (7,680.3), there's always something to do or see.

Real Estate Context

The average value of dwellings in our neighborhood is $1,330,325, which is High compared to other areas in British Columbia. The average owner payments are Above Average, with owners spending an average of $1,331 per month. Tenants are paying $1,118 per month, which is also Above Average.

Community

Our neighborhood is a vibrant and diverse community, with 43.8% of the population renting and 72.2% of families with children. The average age of the population is 41.5, which is Average compared to other BC cities. With a Low unemployment rate of 6.9%, our neighborhood is an attractive option for those looking for a stable and secure lifestyle.

Language

While English is the dominant language spoken in our neighborhood (79.6%), there is a growing population of French speakers (2.8%), and a significant number of Neither English nor French speakers (17.5%). This diversity makes our neighborhood a fascinating and inclusive place to live.

Transportation

With 34.3% of the population using public transport, 59.3% using cars, 2.6% using bicycles, and 3.3% walking, our neighborhood offers a range of transportation options.

Experience the Best of Vancouver

At 5 2240 E 40th Avenue, Vancouver, BC - MLS^® R3070512, we offer a unique blend of convenience, lifestyle, and community. Whether you're a family, individual, or investor, this property is the perfect choice for those looking to experience the best of Vancouver. Come and explore our neighborhood today!

5 2240 E 40th Ave, Vancouver, BC, MLS^® R3070512