481 W 40th Avenue, Vancouver
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 Corridor and minutes from Oakridge Park, Queen Elizabeth Park, Langara Golf Course, and VanDusen Botanical Garden, with shopping, restaurants, and daily amenities nearby. Easy access to the Canada Line at Oakridge-41st Ave Station and major bus routes. School catchment: Sir William Van Horne Elementary, Eric Hamber Secondary, and Langara College, all within 5-min drive. (id:1945)
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Property details for 481 W 40th Avenue, Vancouver
- Type
- Residential
- Style
- 2 Level
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 2,075 square feet
- Lot Size
- 6539.12
- Basement
- Finished, Unknown, Unknown
- Parking
- Garage
- Heating
- Forced air, Natural gas
- Ownership
- Freehold
- Annual Taxes
- $14,455 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 481 W 40th Avenue
Active Listings
21
Min Price
$1,349,000
Max Price
$8,300,000
Avg Price
$2,648,186
Days on Market
99
days
Sold Listings
10
Min Sold Price
$1,499,000
Max Sold Price
$2,999,000
Avg Sold Price
$2,057,990
Days until Sold
93
days
Neighbourhood Census Data
Vancouver, British Columbia / Colombie-Britannique
Population
456
Median Age
43.4
Median Income
$29,952
Dwelling Value
$2,602,972
Housing Tenure
Owners 43%
Renters 58%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.4
Pop. Density: 4,672.1/km²
Avg Shelter Cost: $1,795/mo
Owners with Mortgage: 22.2%
Owners Spending 30%+: 29.4%
Tenants Spending 30%+: 50%
English only: 83.5%
English and French: 6.6%
Neither: 9.9%
Median Household Income: $56,448
Median Employment Income: $30,000
Price History
Listed
July 1, 2026
by RE/MAX Crest Realty
Current Price
$8,300,000
+177.6% from last change
Type
Residential
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $8,300,000 | +$5,310,000 (+177.6%) |
| Jul 8, 2026 | $2,990,000 | Listed |