1 2240 E 40 Ave, Vancouver, BC

$1,475,000
Est. Mortgage /mo

MLS® R3050810 · Quintet

4 Beds
4 Baths
1518 sqft
972 $ /sqft
576.26 $ Maint. fee
2026 Built
$1,475,000
Est. /mo with 20% down
$972/sqft
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

Property Details & Specs

Are you looking for a home delivered by an award-winning team 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 4-bed, 3.5 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 waterproof vinyl flooring, custom millwork, bespoke TV entertainment unit, oversized triple-glazed windows, stairway step lights, master ensuite underfloor heating, and integrated Bosch appliances. Steps to Victoria Drive parks, shops, schools, and transit. Call us to learn how you can save $40,000!

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 -

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 Bike Room, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal, Water
Building Features -
Structures Residential Attached

Additional Details

MLS® # R3050810
Building Name Quintet
Area Vancouver East
Neighbourhood Victoria VE
City Vancouver
Postal Code V5P 1J5
Price per Sqft $972
Gross Taxes 0
Ownership Type Freehold Strata
Maintenance Fee $576.26
Community Features Shopping Nearby
Amenities Nearby Bike Room, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal, Water
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 Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Open, Rear Access
Total Parking Spaces 1
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 & Transit 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

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
22.1%
No Certificate/Degree
Above Average
26.7%
Owner Occupied
Below Average
43.2%
Employment Rate
Above Average
72.2%

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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $0
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $6,210/month in total housing costs on this $1,475,000 property — $5,634 mortgage payment, $576 maintenance fee.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Based on $4,425/month estimated rent and $6,273/month in total housing costs, this property has a -$1,848/month cashflow. Break-even down payment: approximately 47%.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $1,475,000
Vancouver Loading...
Victoria VE Loading...
No active comparables were found in Victoria VE. Based on 15 similar Townhouses across Vancouver, the average asking price is $1,787,948 — this listing is 17.5% below the city-wide average.
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

Property FAQs

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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