$2,990,000

437 W 40TH AVENUE

Vancouver BC V5Y 2R5 - Cambie
4 bd
2 ba
2,118 sqft
Built 1948

About This Property

Attention Builders, Investors, and End Users! Exceptional opportunity in the highly sought-after Queen Blizabeth Park neighbourhood. Situated on a sunny south-facing, high-side level lot, this well-maintained family home offers tremendous potential to live, hold, renovate, or build. Prime West Side location just steps to the brand new Oakridge Park, parks,…

Features

Balcony
Garage Double
Rear Access
Shopping Nearby
Room measurements10 rooms
Living RoomMain · 14' × 19'
KitchenMain · 10' × 11'
Dining RoomMain · 10' × 11'
Eating AreaMain · 6' × 10'
Primary BedroomMain · 12' × 14'
BedroomMain · 11' × 12'
Recreation RoomBelow · 12' × 19'
BedroomBelow · 12' × 15'
BedroomBelow · 8' × 10'
OtherBelow · 6'2 × 9'

Property Details

MLS NumberR3137557
Property TypeSingle Family Residence
Bedrooms4
Bathrooms2
Square Feet2,118
Lot Size6,313.8 sqft
Year Built1948
Parking Spaces2
HeatingForced Air, Natural Gas
Days on Market65
StatusActive
Listed BySutton Group - Vancouver First Realty

School Catchment

Elementary Van Horne
Secondary Hamber

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,800,000Median home value
$91,000Median household income
58.1%Owner-occupied
27%Single-detached homes
2.4Avg household size
42.4Median age
56.1%Bachelor's degree or higher (25-64)
56.7%Commute under 30 min
59.5%Drive to work
39%Foreign-born residents
5,611Neighbourhood population

Age

Under 15: 12.1%15 to 64: 66.1%65 and over: 21.8%
  • Under 1512.1%
  • 15 to 6466.1%
  • 65 and over21.8%

Household size

  • 1 person32.8%
  • 230.6%
  • 316.6%
  • 413.2%
  • 5 or more6.8%

Language spoken at home

52.8% English mother tongue

  • Cantonese12.9%
  • Mandarin6.5%
  • English + other4.3%
  • Tagalog3.3%
  • Spanish1.7%
  • Vietnamese1.6%
  • All others16.9%

Mother tongue, share of 5,525 residents.

How this pocket differs

  • more seniors 65+ than Cambie 21.8% vs 17.7%
  • more Tagalog speakers than Cambie 3.3% vs 2.2%
  • more Cantonese speakers than Cambie 12.9% vs 10.3%
  • Median dwelling value is notably higher than Metro Vancouver $1,800,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Land & Development

Lot size6,307 sqft
Lot dimensions51 × 125 ft
Lot shapeRectangular
Transit-oriented potential (Bill 47 / TOA)
Transit areaTier 2within 400 m of a station
Max density4 FAR
Max height12 storeys
Est. buildable~25,147 sqft
Nearest stationOakridge-41st Avenue Station247 m away

Within a provincially designated Transit-Oriented Area, this lot may support up to 4 FAR / 12 storeys regardless of base zoning. Provincial minimums and approximate — municipal rezoning, servicing and parking standards still apply.

Approximate lot lines (ParcelMap BC)

Zoning, lot dimensions and grade are approximate, from public data, and for reference only — verify with the City / Township of Langley before relying on them.

Monthly Cost Calculator

Estimated monthly cost $15,022
Mortgage payment$13,641
Property tax$1,081
Home insurance$300
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Aug 19

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