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, schools, and amenities. Enjoy convenient access to the Canada Line with direct connections to Downtown Vancouver, Richmond, and YVR Airport. Located on a quiet, tree-lined street surrounded by quality homes in one of Vancouver's most desirable communities. Rare opportunity in a prestigious neighbourhood.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Fireplace | 1 |
| Heating Type | Forced Air, Natural Gas |
| # of Kitchens | 1 |
| Foundation | Concrete Perimeter |
| Exterior Features | Balcony |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $2,990,000 |
|---|---|
| Total Bedrooms | 4 |
| Total Bathrooms | 2 |
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 2118 |
| Year Built | 1948 |
| Age Of Building | 78 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected, Natural Gas Connected |
| Utility Sewer | Public Sewer |
| Water (WaterSource) | Public |
| Parking Type | Garage Double, Rear Access |
| Total Parking Spaces | 2 |
| Lot Size | 6313.8 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 51 |
| MLS® # | R3137557 |
| Area | Vancouver West |
| Neighbourhood | Cambie |
| City | Vancouver |
| Postal Code | V5Y 2R5 |
| Gross Taxes | $12,976 |
| Zoning | R1-1 |
| Status | Date | Price |
|---|---|---|
| R3137557 / Active | 06-18-2026 | $2,990,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 19' x 19' ft |
| Main Level | Kitchen | 11' x 11' ft |
| Main Level | Dining Room | 11' x 11' ft |
| Main Level | Eating Area | 10' x 10' ft |
| Main Level | Primary Bedroom | 14' x 14' ft |
| Main Level | Bedroom | 12' x 12' ft |
| Below | Recreation Room | 19' x 19' ft |
| Below | Bedroom | 15' x 15' ft |
| Below | Bedroom | 10' x 10' ft |
| Below | Other | 9' x 9' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Below | No | #4 |
Listed by: Sutton Group - Vancouver First 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.
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
437 W 40th Avenue has a sell-speed score of 72/100, placing it in the "Expected to sell within weeks" band. The listing is priced 27.1% below comparable active properties in Cambie, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5Y 2R5, 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 (~3.9 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 |
|---|---|---|---|---|---|
| Schools Near 437 W 40th Avenue | |||||
Calculate your commute
437 W 40th Ave, Vancouver, BC is ideally located for commuters. The property is 0.2 km from Oakridge-41st, with a 17 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Oakridge-41st Ave Station @ Bay 6 (0.14 km). Walk Score Transit rating: Excellent Transit (77/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $2,798,000 | $32,000 | $2,830,000 |
-12.4%
|
| 2025 | $3,220,000 | $10,000 | $3,230,000 |
-13.5%
|
| 2024 | $3,725,000 | $10,000 | $3,735,000 |
+0.0%
|
| 2023 | $3,725,000 | $10,000 | $3,735,000 |
+0.0%
|
| 2022 | $3,725,000 | $10,000 | $3,735,000 | — |
Based on 3 comparable active Single Family Residences in Cambie, the average asking price is $3,326,333. This listing is priced 10.1% below the neighbourhood average. This property is flagged as a Hot Deal (8.8% price reduction, 27.09% cheaper than comparables) based on its competitive pricing and market demand.
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