#5 – 1040 W 7th Ave vs 538 W 7th Ave
#5 – 1040 W 7th Ave is the older building (1981); 538 W 7th Ave was built in 2014. #5 – 1040 W 7th Ave is assessed at $1,236,000 and 538 W 7th Ave at $38,988,000; one is a whole strata building, so the values do not compare directly. Zoning: #5 – 1040 W 7th Ave is R4-1, 538 W 7th Ave is C-3A. #5 – 1040 W 7th Ave has 2 building permits since 2017, 538 W 7th Ave has 0. Neither is in a designated floodplain.
| #5 – 1040 W 7th Ave | 538 W 7th Ave | |
|---|---|---|
| Type | Strata unit | Strata, 52 units |
| Neighbourhood | Fairview | Fairview |
| Built | 1981 | 2014 |
| Assessed | $1,236,000 | $38,988,000 |
| Change from last year | −6% | 0% |
| Against the street | — | — |
| Lot | — | ≈ 1,192 m² |
| Zoning | R4-1 | C-3A |
| In a floodplain | No | No |
| On the Heritage Register | No | No |
| Permits since 2017 | 2 · May 2025 | 0 |
| Findings | 1 Check 6 Note | 6 Note |
| School catchment | False Creek Elementary | False Creek Elementary |
| Nearest SkyTrain | Olympic Village Station, 920 m | Olympic Village Station, 210 m |
The full report for each address explains every finding and shows the full permit and value history.