1562 W 40th Ave, Vancouver, BC | MLS^® R2949779 Property Details

23.8% price reduction

Luxurious Craftsman Mansion in Prestigious Shaughnessy. This exquisite 5-bedroom home sits on a 9,300 SQFT lot, offering unmatched elegance and comfort. Highlights include a gourmet kitchen with top-tier appliances, a wok kitchen, home theatre, wine cellar, radiant floor heating and air conditioning. The beautifully landscaped garden features a serene pavilion. It is located within the catchment of Quilchena Elementary and Point Grey Secondary, with easy access to Vancouver Downtown and Richmond. Perfect for refined living.

General Info

Price $4,950,000

Total Bedrooms 5

Total Bathrooms 5

Half Bathrooms 2

Floor Area Total (sqft) 3958

Lot Size 9300

Lot Size Depth Feet

Lot Size Frontage 93

Basement Full, Finished

Basement Features BasementFeatures

Property Metrics

Year Built 2012

Age Of Building 13

Building Type Single Family Residence

Property Type Residential

Stories 2

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS^® # R2949779

Area Vancouver West

Neighbourhood Shaughnessy

City Vancouver

Gross Taxes $33,569

Ownership Type Freehold NonStrata

Maintenance Fee -

Fixtures Included -

Heating & Cooling

Fireplace 1

Heating Type Radiant

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Triple, Rear Access

Total Parking Spaces 4

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Strata Restrictions -

Rental Restrictions -

Zoning R1-1

Rental Suites -

# of Kitchens 2

Flooring Mixed

Foundation Concrete Perimeter

Locker -

View -

View Description -

Units In Development -

Exterior Features Balcony

Sewer Public Sewer, Sanitary Sewer

Roof Metal

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	11'11 x 11'11 ft
Main Level	Office	15'1 x 15'1 ft
Main Level	Family Room	12'6 x 12'6 ft
Main Level	Dining Room	13'2 x 13'2 ft
Main Level	Kitchen	12'9 x 12'9 ft
Main Level	Eating Area	12'4 x 12'4 ft
Main Level	Wok Kitchen	12'11 x 12'11 ft
Above Level	Primary Bedroom	12'7 x 12'7 ft
Above Level	Bedroom	12'2 x 12'2 ft
Above Level	Bedroom	11'1 x 11'1 ft
Basement Level	Media Room	15'4 x 15'4 ft
Basement Level	Recreation Room	15'1 x 15'1 ft
Basement Level	Bedroom	13'5 x 13'5 ft
Basement Level	Bedroom	10'5 x 10'5 ft
Basement Level	Laundry	8'1 x 8'1 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#2
Above Level	Yes	#5
Above Level	Yes	#3
Above Level	Yes	#3
Basement	No	#3

Listed by: Amex Broadway West 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.

Neighborhood Info

Public Schools

Secondary

Point Grey Secondary School

0.92 km

Elementary

Quilchena Elementary School

Average

0.83 km

6.1/10

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

Private Schools

Elementary, Secondary

Vancouver College

0.36 km

Elementary, Secondary

Vancouver College

0.36 km

Closest Transit

Bus Stop

Southbound Granville St @ W 40 Ave

0.07 km

Skytrain

Skytrain @ Oakridge-41St Stn

1.79 km

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

Welcome to 1562 W 40th Avenue, a stunning property located in the heart of Vancouver, BC, listed as MLS^® R2949779

As we step into this beautiful community, you'll notice the excellent educational opportunities available to families. The property is serviced by Quilchena Elementary School, which is just a short 0.83 km away. This school boasts a rating of 6.1/10, making it a great choice for families who value academic excellence. Additionally, the property is also close to Point Grey Secondary School, with a rating of No Rating, which provides students with a range of academic and extracurricular opportunities.

For families who prefer a more independent education, Vancouver College is the closest elementary independent school, with a rating of 10/10, located just 0.36 km from this home for sale. Similarly, Vancouver College is the closest secondary independent school, also with a rating of 10/10, and located just 0.36 km from this address.

Now, let's take a look at the safety and security of the community. According to the latest crime statistics from Statistics Canada (2020), the neighbourhood surrounding 1562 W 40th Avenue, Vancouver, BC has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. The year-by-year change in the total crime rate is -14.94%, indicating a decrease in crime over time.

In terms of specific types of crime, the drug crime rate is Average, with a rating of 229.49 and 1,604 incidents in 2020. The year-by-year change in the illegal substances offences ranking is 1.58%. Property crimes in the neighbourhood are Above Average, with a rating of 5,020.27 and 35,089 incidents in 2020. The year-by-year change in the property misconduct rate is -20.80%. Violent crime rate is Below Average, with a rating of 1,311.69 and 9,168 incidents in 2020. The year-by-year change in the violent crime rate is 3.53%.

Conveniently located near public transportation

The closest Bus station is Southbound Granville St @ W 40 Ave, just 0.07 km away from this listing with MLS^® R2949779. This makes it easy for residents to commute to work, school, or other destinations.

Demographics and lifestyle

The neighbourhood surrounding 1562 W 40th Avenue, Vancouver, BC is characterized by a high level of educational attainment, with 52.4% of the population holding a university certificate or degree, which is High compared to other BC neighbourhoods. In contrast, 9.8% of the population has no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income is $143,155, which is High compared to the British Columbia average. The median personal income is $46,528, also High compared to the BC average. The percentage of households with a mortgage is 36.2%, which is Low.

Unemployment rate and population growth

The unemployment rate in the area is 3.9%, which is Low compared to other province neighbourhoods. The population change between 2011 and 2016 was -6.9%, which is Low compared to average growth rate of this region.

Community features and amenities

The community surrounding 1562 W 40th Avenue, Vancouver, BC is characterized by a mix of young and old, with an average age of 41.8. The average family size is 3.1, which is Above Average. The percentage of families with children is 67.9%, which is Above Average. The percentage of married or living common law is around 59%, which is Average.

The average value of dwellings in this neighbourhood is $3,564,977, which is High compared to other areas in British Columbia. The average owner payments are High, with owners spending $2,652 on average for their dwelling. Tenants are paying $2,006 in this district, also High compared to other cities.

Transportation and lifestyle

The percentage of population using Public Transport is 12.8%, which is Average. The percentage of using population are using Cars is 71.7%, which is Below Average. The percentage of people using Bicycles is 7.8%, which is High. The percentage of population are walking is 7.3%, which is Above Average.

1562 W 40th Avenue, Vancouver, BC MLS^® R2949779

This stunning property is a must-see for anyone looking for a home in the heart of Vancouver, BC. With its excellent educational opportunities, convenient location near public transportation, and desirable demographics, this property is sure to