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481 W 40th Avenue
Cambie Vancouver V5Y 2R5

$2,990,000
Residential beds: 4 baths: 2.0 2,075 sq. ft. built: 1949

Status:
Active
Prop. Type:
Residential
MLS® Num:
R3141624
Bedrooms:
4
Bathrooms:
2
Year Built:
1949
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.
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Two Levels
Ownership:
Freehold NonStrata
Manufactured Type:
Year built:
1949 (Age: 77)
Living Area:
2,075 sq. ft.
Floor Area - Unfinished:
Floor Area - Detached 2nd Residence:
Building Area - Total:
2,075 sq. ft.
Levels:
Two
Rainscreen:
Bedrooms:
4 (Above Grd: 2)
Bathrooms:
2.0 (Full:2/Half:0)
Kitchens:
Rooms:
Taxes:
$14,455.3 / 2025
Lot Area:
6,539.12 sq. ft.
Lot Frontage:
52'10"
Lot Features:
Central Location, Near Golf Course, Lane Access, Recreation Nearby
Lot Details:
52.82 x 123.80
Exposure / Faces:
Rear Yard Exposure:
Pad Rental:
# or % of Rentals Allowed:
Water Supply:
Plan:
VAP7240
Construction Materials:
Frame Wood, Mixed (Exterior), Stucco
Foundation:
Basement:
Full Height:
Crawl Height:
Roof:
No. Floor Levels:
2.0
Floor Finish:
Floor Area Fin - Above Grade:
Floor Area Fin - Above Main:
0 sq. ft.
Floor Area Fin - Above Main 2:
0 sq. ft.
Floor Area Fin - Main:
1,113 sq. ft.
Floor Area Fin - Below Main:
Floor Area Fin - Below Grade:
Floor Area Fin - Basement:
Floor Area Fin - Total:
2,075 sq. ft.
Heating:
Fireplaces:
1
Fireplace Details:
Gas
# Of Garage Spaces:
1.0
Patio And Porch Features:
Sundeck
Parking Features:
Garage Single
Parking:
Garage Single
# Of Parking Spaces - Total:
# Of Covered Spaces:
Parking Total/Covered:
1 / 1
Flood Plain:
Suite:
Laundry In Unit
Shopping Nearby
1
Dishwasher, Refrigerator, Laundry In Unit
Washer/Dryer, Dishwasher, Refrigerator, Stove
In Unit
Floor
Type
Size
Other
Main
Main
Main
Main
Main
Bsmt
Bsmt
Bsmt
Bsmt
Bsmt
Floor
Ensuite
Pieces
Other
Main
Basement
Council Approval:
Income Per Annum:
Oper. Expenses:
Net Operating Income:
Age Restrictions:
No
Tax Utilities Included:
false
Dist to Public Trans:
Dist to School Bus:
Property Disclosure:
Fixtures Leased:
Fixtures Removed:
Home Owners Association:
No
Previous Price:
Original Price:
Land Lease:
No
Zoning:
Access to property:
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Telephone Service:
Electricity:
Yes
Fencing:
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Plumbing Details:
Sketch Attached:
Restrictions:
Larger map options:
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Listed by RE/MAX Crest Realty
Data was last updated July 1, 2026 at 08:40 PM (UTC)
Area Statistics
Listings on market:
202
Avg list price:
$1,691,950
Min list price:
$499,000
Max list price:
$7,800,000
Avg days on market:
57
Min days on market:
1
Max days on market:
952
Avg price per sq.ft.:
$1,258.19
These statistics are generated based on the current listing's property type and located in Cambie. Average values are derived using median calculations. This data is not produced by the MLS® system.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.