$6,999,000

481 W 40TH AVENUE

Vancouver BC V5Y 2R5 - Cambie
4 bd
2 ba
2,075 sqft
Built 1949

About This Property

Prime land value opportunity in the highly sought-after Oakridge neighbourhood. This property offers a livable and tenanted home with approx 2,082 sqft of living space, including a basement with 4 bedrooms and 2 bathrooms. Sold "As Is, Where Is," this is an exceptional holding, investment, or future redevelopment opportunity. Conveniently located at Cambie…

Vinod Bashir
Vinod BashirPersonal Real Estate Corp

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Features

Garage Single
Shopping Nearby
Room measurements10 rooms▸
Living RoomMain · 13'0 × 18'8
Dining RoomMain · 10'9 × 11'9
KitchenMain · 9'6 × 15'0
Primary BedroomMain · 10'6 × 12'0
BedroomMain · 8'6 × 10'6
Living RoomBsmt · 13'0 × 25'0
KitchenBsmt · 9'0 × 14'0
BedroomBsmt · 10'0 × 13'0
BedroomBsmt · 11'0 × 11'1
LaundryBsmt · 4'6 × 10'4

Property Details

MLS NumberR3141624
Property TypeSingle Family Residence
Bedrooms4
Bathrooms2
Square Feet2,075
Lot Size6,539.12 sqft
Year Built1949
Parking Spaces1
HeatingForced Air, Natural Gas
Days on Market136
StatusActive
Listed ByRE/MAX Crest Realty

School Catchment

Elementary Van Horne
Secondary Hamber

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,800,000Median home value
$91,000Median household income
58.1%Owner-occupied
27%Single-detached homes
2.4Avg household size
42.4Median age
56.1%Bachelor's degree or higher (25-64)
56.7%Commute under 30 min
59.5%Drive to work
39%Foreign-born residents
5,611Neighbourhood population

Age

Under 15: 12.1%15 to 64: 66.1%65 and over: 21.8%
  • Under 1512.1%
  • 15 to 6466.1%
  • 65 and over21.8%

Household size

  • 1 person32.8%
  • 230.6%
  • 316.6%
  • 413.2%
  • 5 or more6.8%

Language spoken at home

52.8% English mother tongue

  • Cantonese12.9%
  • Mandarin6.5%
  • English + other4.3%
  • Tagalog3.3%
  • Spanish1.7%
  • Vietnamese1.6%
  • All others16.9%

Mother tongue, share of 5,525 residents.

How this pocket differs

  • more seniors 65+ than Cambie 21.8% vs 17.7%
  • more Tagalog speakers than Cambie 3.3% vs 2.2%
  • more Cantonese speakers than Cambie 12.9% vs 10.3%
  • Median dwelling value is notably higher than Metro Vancouver $1,800,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Monthly Cost Calculator

Estimated monthly cost $34,142
Mortgage payment$32,438
Property tax$1,205
Home insurance$500
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Nov 10

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