437 W 40th Ave, Vancouver BC - Single Family Residence for Sale - MLS# R3137557

$2,990,000
Est. Mortgage $13,228/mo
4 Beds
2 Baths
2118 sqft
1412 $ /sqft
1948 built
8.8% price reduction, 27.09% cheaper than comparables
$2,990,000
$3,280,000
Est. $13,228/mo with 20% down
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

Photos

Property Details for 437 W 40th Avenue

8.8% price reduction 27.09% cheaper than comparables

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.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Fireplace 1
Heating Type Forced Air, Natural Gas
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Asphalt
Structures Residential Detached

Building Details

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 & Land

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

Property Timeline

Status Date Price
R3137557 / Active 06-18-2026 $2,990,000
Rooms
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
Bathrooms
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.

Map & Neighbourhood

Public Schools

Elementary
Sir Wm Van Horne Elementary School
Above Average
0.66 km
7.2/10

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

Private Schools

Elementary
St. Andrew's
Above Average
1.57 km
7.9/10
Secondary
King David High School
Above Average
0.67 km
7.8/10

Closest Transit

Bus Stop
Oakridge-41st Ave Station @ Bay 6
0.14 km
Skytrain
Skytrain @ Oakridge-41St Stn
0.17 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
40.7%
No Certificate/Degree
Average
12.6%
Owner Occupied
Below Average
42.8%
Employment Rate
Average
62.4%

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

Sell Speed & Competition

72 / 100
Overall sell-speed score
Likely within weeks
A+
Price competition grade
Avg comparable: $3,799,991
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.17 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How CAMBIE compares
This property
21 DOM
Listed
Cambie avg
Vancouver avg

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.

Climate Risk for V5Y 2R5

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).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

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.

Air Quality B / Good

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.

Heat Low

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.

Precipitation Increasing

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.

Drought Stable

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.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 437 W 40th Avenue

Pre-computed routes from 437 W 40th Ave, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Oakridge-41st → Waterfront
    17 min
  • Metrotown, Burnaby via Oakridge-41st → Metrotown
    35 min
  • SFU Burnaby via Oakridge-41st → Production Way
    42 min
  • Richmond Centre via Oakridge-41st → Brighouse
    18 min
  • YVR Airport via Oakridge-41st → YVR-Airport
    19 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    7 min
  • Metrotown, Burnaby via Lougheed Hwy
    10 min
  • SFU Burnaby via Gaglardi Way
    17 min
  • Richmond Centre via No. 3 Rd
    9 min
  • YVR Airport via Bridgeport / Sea Island
    8 min

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).

Walkability & Transit Near 437 W 40th Avenue

Walk Score Badge
Car-Dependent 95

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 77

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
93

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 437 W 40th Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 010-681-639).
Total Assessed Value (2026)
$2,830,000
-12.4% YoY
-6.7%/yr over 4 yr
2022 Value Trend 2026
Land
$2,798,000
Buildings
$32,000
Year Built
1948
Class
Residential
Zoning
R5-1
Property Tax
$12,037
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

Mortgage Calculator for 437 W 40th Avenue

/month
Principal & Interest
Property Taxes $1,081
Maintenance fee 0
Financing 80% of the $2,990,000 asking price over 30 years at 4% results in approximately $12,501/month in total estimated carrying costs, $1,081 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $6,816/month in rental income, leaving a -$5,934/month cashflow at current carrying costs. Investors targeting break-even would need roughly 62% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Cambie, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $2,990,000
Vancouver Loading...
Cambie Loading...

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.

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

Listing Agent & Brokerage

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

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $18,218
0 of 38 missions

Sign up on Estateblock.com

$911 / 5.00%

Sign up on EstateBlock.com

$364 / 2.00%

Buy with us & save on this property

Walkability & Transit Near 437 W 40th Avenue

Walk Score Badge
Car-Dependent 95

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 77

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
93

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

Similar Single Family Residences for Sale in Cambie

Recently Sold Homes Near 437 W 40th Avenue