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Are you looking for a home delivered by an award-winning team to purchase with another family member? Discover QUINTET, a boutique collection of 5 modern East Vancouver townhomes by Costar Construction - 2024 Georgie Award Winner for Best Multiplex. This 'Armstrong' plan is a 4-bed, 3.5 bath home includes a private one-bed lock-off nanny/in-law suite w/ its own entrance, ensuite, laundry, and sink/wet bar. Features include Japan/Scandinavian-inspired interiors, Cosentino quartz, luxury oak-grain waterproof vinyl flooring, custom millwork, bespoke entertainment unit, oversized triple-glazed windows, stairway step lights, ensuite underfloor heating, & integrated Bosch appliances. Steps to Victoria Dr parks, shops, schools, & transit. EV Parking. NO STRATA FEES for 2 years for a limited time!
Open houses
11 Jul, 2026 (11:00 AM to 03:00 PM)
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Interior Features | Vaulted Ceiling(s) |
| Heating Type | Heat Pump |
| Cooling | Air Conditioning |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Flooring | Tile, Vinyl, Carpet |
| Foundation | Concrete Perimeter, Slab |
| Exterior Features | Garden |
|---|---|
| Roof | Asphalt |
| Structures | Residential Attached |
| Price | $1,329,900 |
|---|---|
| Total Bedrooms | 4 |
| Total Bathrooms | 4 |
| Full Bathrooms | 3 |
| Half Bathrooms | 1 |
| Floor Area Total (sqft) | 1518 |
| Year Built | 2026 |
| Age Of Building | 0 |
| Building Type | Townhouse |
| Property Type | Residential |
| Architecture Style | 3 Storey |
| Stories | 3 |
| Building Amenities | Bike Room, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal, Water |
| Building Name | Quintet |
| 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 |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Carport Single, Open, Rear Access |
| Total Parking Spaces | 1 |
| Strata Restrictions | Pets Allowed w/Rest.,Rentals Allowed |
| Pet Restrictions | Yes With Restrictions |
| Units In Development | 5 |
| MLS® # | R3120695 |
|---|---|
| Area | Vancouver East |
| Neighbourhood | Victoria VE |
| City | Vancouver |
| Postal Code | V5P 1J5 |
| Gross Taxes | 0 |
| Zoning | CD-1 |
| Floor | Type | Dimensions |
|---|---|---|
| Below | Foyer | 7'4 x 7'4 ft |
| Below | Recreation Room | 16'8 x 16'8 ft |
| Below | Bedroom | 11'3 x 11'3 ft |
| Main Level | Living Room | 12'8 x 12'8 ft |
| Main Level | Dining Room | 12'2 x 12'2 ft |
| Main Level | Kitchen | 11'3 x 11'3 ft |
| Above Level | Primary Bedroom | 10'7 x 10'7 ft |
| Above Level | Bedroom | 7'1 x 7'1 ft |
| Above Level | Bedroom | 7'0 x 7'0 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Below | No | #3 |
| Main Level | No | #2 |
| Above Level | No | #4 |
| Above Level | Yes | #3 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
1 2240 E 40th Avenue has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5P 1J5, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~3.2 km). Annual avg AQHI 2.2 — Low Risk.
Vancouver currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.
Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Calculate your commute
1 2240 E 40th Ave, Vancouver, BC is ideally located for commuters. The property is 1.6 km from 29th Ave, with a 35 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound E 41 Ave @ Gladstone St (0.11 km). Walk Score Transit rating: Good Transit (68/100).
Based on 3 comparable active townhouses in Victoria VE, the average asking price is $1,575,967. This listing is priced 15.6% below the neighbourhood average.
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