5 2240 E 40th Ave, Vancouver, BC

$1,250,000
Est. Mortgage /mo

MLS# R3070512 · Quintet

3 Beds
3 Baths
1127 sqft
1109 $ /sqft
354.29 $ Maint. fee
2026 built
$1,250,000
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

Are you looking for a detached townhome delivered by an award-winning team to purchase with another family member? Discover QUINTET, a boutique collection of five modern East Vancouver townhomes by Costar Construction - 2024 Georgie Award Winner for Best Multiplex. This 3-bed, 3-bath home features two large outdoor spaces, Japan/Scandinavian-inspired interiors, premium Cosentino quartz, luxury oak-grain waterproof vinyl flooring, custom millwork, bespoke TV entertainment unit, oversized triple-glazed windows, stairway step lights, master ensuite underfloor heating, and integrated Bosch appliances. Steps to Victoria Drive, parks, shops, schools, and transit. Call us to learn how you can save $40,000!

General Info

Price $1,250,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 1127
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement 0
Basement Features None

Property Metrics

Year Built 2026
Age Of Building 0
Building Type Townhouse
Property Type Residential
Architecture Style Laneway House
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal, Water
Structures Residential Detached

Additional Details

MLS® # R3070512
Building Name Quintet
Area Vancouver East
Neighbourhood Victoria VE
City Vancouver
Postal Code V5P 1J5
Price per Sqft -
Gross Taxes 0
Ownership Type Freehold Strata
Maintenance Fee $354.29
Community Features Shopping Nearby
Amenities Nearby Bike Room, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal, Water
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Heat Pump
Cooling Central Air, Air Conditioning

Utilities

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

Parking

Parking Type Open
Total Parking Spaces -
Strata Restrictions No Restrictions
Rental Restrictions -
Zoning CD-1
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Carpet, Vinyl
Foundation Slab
Interior Features Vaulted Ceiling(s)
Locker -
View -
View Description -
Units In Development 5
Exterior Features Garden
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property Timeline

Status Date Price
R3070512 / Active 09-24-2025 $1,250,000
Rooms
Floor Type Dimensions
Main Level Living Room 13'4 x 13'4 ft
Main Level Dining Room 9'11 x 9'11 ft
Main Level Kitchen 9'11 x 9'11 ft
Main Level Pantry 3'0 x 3'0 ft
Above Level Primary Bedroom 11'0 x 11'0 ft
Above Level Bedroom 7'11 x 7'11 ft
Above Level Bedroom 8'1 x 8'1 ft
Bathrooms
Floor Ensuite Pieces
Above Level Yes #4
Above Level No #3
Main Level No #2
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.

Neighborhood & Transit Info

Public Schools

Secondary
Gladstone Secondary School
1.66 km
Elementary
G. T. Cunningham Elementary School
Average
0.4 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
0.12 km
Skytrain
Skytrain @ 29Th Av Stn
1.57 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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $0
Maintenance fee 0
Financing 80% of the $1,250,000 asking price over 30 years at 4% results in approximately $5,128/month in total estimated carrying costs, $354 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:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $3,750/month in rental income, leaving a -$1,432/month cashflow at current carrying costs. Investors targeting break-even would need roughly 45% 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 $1,250,000
Vancouver Loading...
Victoria VE Loading...
2 comparable Townhouses are currently active in Victoria VE, with a median asking price of $1,100,000. This property is listed 13.6% above the local average and 19% below the Vancouver 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 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 5 2240 E 40th Avenue, Vancouver, BC?
The closest top-rated schools are Gladstone Secondary School and G. T. Cunningham Elementary School.
Is 5 2240 E 40th Avenue, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 5 2240 E 40th Avenue, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $7,500.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

Earn Cashback

Potential Cashback for this listing if you buy with us

$0
out of $8,213
0 of 17 missions

Sign up on Estateblock.com

$411 / 5%

Buy with us & save on this property

Similar Townhouses for Sale in Victoria VE

Book a tour

Please complete the form. We will make the arrangements and give you a call, typically within 1-2 hours. Or Call Us 778-918-5990
Thank you Your message has been sent