#507 – 1540 W 2nd Ave, Vancouver, BC

Strata unit #507 at 1540 W 2nd Ave: assessed at $1,088,000 in 2026. Assessed higher than 82% of the 90 units in the building.

Unit assessed 2026
$1,088,000
Change from last year
-1%
Strata lot
89
Built
2001
2 to check5 notes2 clear

Building report for 1540 W 2nd Ave: all 91 units · $20

Unit #507

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Assessed 2026$1,088,000
Change from last year−1%
Within the buildingAssessed higher than 82% of the 90 units in the building
Strata lotLot 89, plan LMS4510
Built2001
Floor, from the unit number5
Same stack, 4 units (…07)$901,000 – $1,274,000
Value history, 7 years
Property tax, year by year
Permits filed under this unit numberNone since 2017

About strata records

What the records show for the building at 1540 W 2nd Ave

Note

Zoned C-2A

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What the record says
Lot about 2,185 m², measured from the City lot outline. Zoning district C-2A (C).
What it means
The zoning district sets what can be built and how the property can be used.
What to do
Read the district schedule or ask the City if you plan changes.

The full report explains every finding like this one.

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6 permits on this lot since 2017, 3 in the last 3 years

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Combined sewer on this block

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

Note

Typical unit assessed at $30,408; the building ±0% since 2021

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

Note

Strata building, 91 units, built 2001

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

Note

Railway line about 40 m away

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

Note

Short-term rentals: only in your principal residence

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

Clear

Not on the Heritage Register

Clear

Outside the City floodplain

Part of a full report: what each record says, what it means and what to do

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Street view

About #507 – 1540 W 2nd Ave

A 91-unit strata building, built 2001 on a 2,185 m² C-2A lot with a rear lane. Newer than 65% of the buildings on W 2nd Ave. Units are assessed from $30,408 to $2,400,000; the typical unit is $30,408. 6 building permits since 2017. The latest, from Nov 2024: addition or alteration, restaurant - class 1 ($180,000). School catchment: Hudson Elementary and Kitsilano Secondary. Yaletown-Roundhouse Station is 1.4 km away.

Read every record and what to do next
Each finding explained, full permit and value history, questions for the seller and a PDF for your agent.

Assessment history of #507 – 1540 W 2nd Ave

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Whole building, 91 units: units are assessed from $30,408 to $2,400,000, typical unit $30,408.

2026$46,739,584
Up 0% since 2021
20202026

Permits on this building · 6 since 2017

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Nov 2024 · Addition or alteration, restaurant - class 1$180,000
5 more permits in the full report

Schools and parks near #507 – 1540 W 2nd Ave

Elementary catchmentHudson Elementary
Secondary catchmentKitsilano Secondary
Peak House683 m
Vancouver Alternate683 m
Continuing Ed SD 39683 m
Granville Loop Park285 m
Granville Island Water Park336 m

How catchments work

Transit near #507 – 1540 W 2nd Ave

Nearest SkyTrain: Yaletown-Roundhouse (Canada Line)1.4 km
Eastbound W 2nd Ave @ Fir St · 5036 m
Southbound Fir St @ W 2nd Ave · 5088 m
Eastbound W 2nd Ave @ Anderson St · 5096 m

Bus routes within 400 m: 4, 7, 10, 14, 16, 50, 84, N10, N17, N9

Street, trees and terrain

City street trees in front1 · Honeylocust
Ground elevation≈ 12 m above sea level
Elevation change across the siteabout 5 m
Nearest arterial roadGranville Bridge, 86 m
Railway line40 m
Truck route103 m

Crime near #507 – 1540 W 2nd Ave

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Incidents within 400 m in the last 12 months, by type: in the full report.

Rezoning and development nearby

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Within 300 m in the last two years: 1 new-building permit and 0 demolition permits.

New buildings nearby:

Rezoning applications within 800 m: in the full report.

In Fairview, the City issued 7 new-building permits and 9 demolition permits in the last two years. About the neighbourhood

Questions about #507 – 1540 W 2nd Ave

What is #507 – 1540 W 2nd Ave assessed at?

$1,088,000 for 2026, from BC Assessment through the City’s property tax report. Assessed higher than 82% of the 90 units in the building.

What is the strata lot number of #507 – 1540 W 2nd Ave?

Strata lot 89 on strata plan LMS4510.

When was #507 – 1540 W 2nd Ave built?

In 2001, according to BC Assessment.

What is the zoning of #507 – 1540 W 2nd Ave?

It is zoned C-2A under the Vancouver Zoning and Development By-law. More

Is #507 – 1540 W 2nd Ave in a floodplain?

No. It is outside the floodplains designated by the City of Vancouver. More

Is #507 – 1540 W 2nd Ave on the Heritage Register?

No. It is not listed on the Vancouver Heritage Register. More

Can #507 – 1540 W 2nd Ave be rented short term (Airbnb)?

Only as the owner’s or tenant’s principal residence, with a City business licence and a provincial registration number; a second home or investment unit cannot be rented for less than 90 days. The strata bylaws can also ban it. More

What building permits has #507 – 1540 W 2nd Ave had?

The City has issued 6 permits since 2017. The latest, from Nov 2024: addition or alteration ($180,000). More

Which schools serve #507 – 1540 W 2nd Ave?

Elementary: Hudson Elementary. Secondary: Kitsilano Secondary. Placement depends on space: confirm with the school.

How far is the nearest SkyTrain station from #507 – 1540 W 2nd Ave?

Yaletown-Roundhouse Station is 1.4 km away in a straight line.

Compare #507 – 1540 W 2nd Ave with another address · Watch this address: email me when its records change

Other units in 1540 W 2nd Ave

Same floor (5)

Same stack (units ending in 07)

All 91 units in the building

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Checked against City of Vancouver open data on October 25, 2026. How we check · Data sources · Glossary