28.5% price reduction

1562 W 40th Ave, Vancouver, BC

$4,650,000
Est. Mortgage /mo

MLS# R2949779

5 Beds
7 Baths
3958 sqft
1175 $ /sqft
2012 built
$4,650,000
$6,500,000
Est. /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

Property Details & Specs

28.5% price reduction

Luxurious Craftsman Mansion in Prestigious Shaughnessy. This exquisite 5-bedroom home sits on a 9,300 SQFT lot, offering unmatched elegance and comfort. Highlights include a gourmet kitchen with top-tier appliances, a wok kitchen, home theatre, wine cellar, radiant floor heating and air conditioning. The beautifully landscaped garden features a serene pavilion. It is located within the catchment of Quilchena Elementary and Point Grey Secondary, with easy access to Vancouver Downtown and Richmond. Perfect for refined living.

General Info

Price $4,650,000
Total Bedrooms 5
Total Bathrooms 5
Half Bathrooms 2
Floor Area Total (sqft) 3958
Lot Size 9300
Lot Size Depth Feet
Lot Size Frontage 93
Basement 1457
Basement Features Full, Finished

Property Metrics

Year Built 2012
Age Of Building 14
Building Type Single Family Residence
Property Type Residential
Stories 2
Structures Residential Detached

Additional Details

MLS® # R2949779
Building Name -
Area Vancouver West
Neighbourhood Shaughnessy
City Vancouver
Postal Code V6M 1V8
Price per Sqft -
Gross Taxes $33,569
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Radiant

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Triple, Rear Access
Total Parking Spaces 4
Strata Restrictions -
Rental Restrictions -
Zoning R1-1
Rental Suites -
# of Kitchens 2
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Metal

Property Timeline

Status Date Price
R2949779 / Active 12-09-2024 $4,650,000
Rooms
Floor Type Dimensions
Main Level Living Room 11'11 x 11'11 ft
Main Level Office 15'1 x 15'1 ft
Main Level Family Room 12'6 x 12'6 ft
Main Level Dining Room 13'2 x 13'2 ft
Main Level Kitchen 12'9 x 12'9 ft
Main Level Eating Area 12'4 x 12'4 ft
Main Level Wok Kitchen 12'11 x 12'11 ft
Above Level Primary Bedroom 12'7 x 12'7 ft
Above Level Bedroom 12'2 x 12'2 ft
Above Level Bedroom 11'1 x 11'1 ft
Basement Level Media Room 15'4 x 15'4 ft
Basement Level Recreation Room 15'1 x 15'1 ft
Basement Level Bedroom 13'5 x 13'5 ft
Basement Level Bedroom 10'5 x 10'5 ft
Basement Level Laundry 8'1 x 8'1 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Above Level Yes #5
Above Level Yes #3
Above Level Yes #3
Basement No #3
Listed by: Royal Pacific Realty Corp.

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
Point Grey Secondary School
0.92 km
Elementary
Quilchena Elementary School
Average
0.83 km
6.1/10

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

Private Schools

Elementary, Secondary
Vancouver College
Above Average
0.36 km
10/10
Elementary, Secondary
Vancouver College
Above Average
0.36 km
10/10

Closest Transit

Bus Stop
Southbound Granville St @ W 40 Ave
0.07 km
Skytrain
Skytrain @ Oakridge-41St Stn
1.79 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
52.4%
No Certificate/Degree
Below Average
9.8%
Owner Occupied
Below Average
36.2%
Employment Rate
Above Average
67.9%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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 $2,797
Maintenance fee 0
Financing 80% of the $4,650,000 asking price over 30 years at 4% results in approximately $20,557/month in total estimated carrying costs, $2,797 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:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $10,695/month in rental income, leaving a -$10,172/month cashflow at current carrying costs. Investors targeting break-even would need roughly 66% down.
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 $4,650,000
Vancouver Loading...
Shaughnessy Loading...
No active comparables are currently available for this property type in Vancouver. Pricing context may be limited at this time. This property is flagged as a Hot Deal (28.5% price reduction) 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 Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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

What are the closest top-rated schools to 1562 W 40th Avenue, Vancouver, BC?
The closest top-rated schools are Point Grey Secondary School and Quilchena Elementary School.
Is 1562 W 40th Avenue, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 1562 W 40th Avenue, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $27,900.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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