1 2240 E 40th Ave, Vancouver BC - Townhouse for Sale - MLS# R3120695

$1,329,900
Est. Mortgage $5,883/mo
Quintet
4 Beds
4 Baths
1518 sqft
876 $ /sqft
576.26 $ Maint. fee
2026 built
$1,329,900
Est. $5,883/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 1 2240 E 40th Avenue

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!

Interior Features

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

Exterior Features Garden
Roof Asphalt
Structures Residential Attached

Building Details

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

Lot & Land

MLS® # R3120695
Area Vancouver East
Neighbourhood Victoria VE
City Vancouver
Postal Code V5P 1J5
Gross Taxes 0
Zoning CD-1

Property Timeline

Status Date Price
R3120695 / Active 05-05-2026 $1,329,900
Rooms
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
Bathrooms
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.

Map & Neighbourhood

Public Schools

Secondary
Gladstone Secondary School
1.66 km
Elementary
G. T. Cunningham Elementary School
Average
0.41 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
Above Average
0.82 km
10/10
Secondary
Vancouver Formosa Academy
1.06 km

Closest Transit

Bus Stop
Eastbound E 41 Ave @ Gladstone St
0.11 km
Skytrain
Skytrain @ 29Th Av Stn
1.58 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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 1 2240 E 40th Avenue

Mortgage Calculator for 1 2240 E 40th Avenue

/month
Principal & Interest
Property Taxes $0
Maintenance fee 576.26
A 20% down payment of $265,980 on this $1,329,900 listing yields an estimated mortgage of $5,079/month (30-year fixed, 4%). Total estimated housing cost: $5,655/month, $576 maintenance fee.
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%
With $3,989/month in estimated rental income against $5,712/month in mortgage payments, the monthly cashflow is -$1,723/month. A 48% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Victoria VE, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $1,329,900
Vancouver Loading...
Victoria VE Loading...

Based on 2 comparable active townhouses in Victoria VE, the average asking price is $1,542,633. This listing is priced 13.8% below the neighbourhood 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

Listing Agent & Brokerage

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

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