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#5 – 1040 W 7th Ave, Vancouver, BC
Strata unit #5 at 1040 W 7th Ave: assessed at $1,236,000 in 2026. Assessed lower than 78% of the 10 units in the building.
Unit assessed 2026
$1,236,000
Change from last year
-6%
Strata lot
4
Built
1981
1 to check5 notes2 clear
Unit #5
UnlockAssessed 2026$1,236,000
Change from last year−6%
Within the buildingAssessed lower than 78% of the 10 units in the building
Strata lotLot 4, plan VAS932
Built1981
Value history, 7 years
Property tax, year by year
Permits filed under this unit numberNone since 2017
What the records show for the building at 1040 W 7th Ave
Note
Zoned R4-1
Note
Typical unit assessed at $1,317,000; the building +14% since 2021
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Built before 1990: asbestos survey before renovating
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Strata building, 10 units, built 1981
Note
Railway line about 142 m away
Clear
Not on the Heritage Register
Clear
Outside the City floodplain
Street view
About #5 – 1040 W 7th Ave
A 10-unit strata building, built 1981 on a 762 m² R4-1 lot with a rear lane. Older than 69% of the buildings on W 7th Ave. Units are assessed from $993,000 to $1,480,000; the typical unit is $1,317,000. 2 building permits since 2017. The latest, from May 2025: addition or alteration, multiple dwelling ($178,000). School catchment: False Creek Elementary and Kitsilano Secondary. Olympic Village Station is 920 m 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 #5 – 1040 W 7th Ave
UnlockWhole building, 10 units: units are assessed from $993,000 to $1,480,000, typical unit $1,317,000.
2026$13,070,000
Up 14% since 2021
Permits on this building · 2 since 2017
UnlockMay 2025 · Addition or alteration, multiple dwelling$178,000
1 more permit in the full report
Schools and parks near #5 – 1040 W 7th Ave
Elementary catchmentFalse Creek Elementary
Secondary catchmentKitsilano Secondary
False Creek Elementary253 m
L'Ecole Bilingue Elementary782 m
Elsie Roy Elementary901 m
Choklit Park105 m
Charleson Park348 m
Transit near #5 – 1040 W 7th Ave
Nearest SkyTrain: Olympic Village (Canada Line)920 m
Eastbound Lameys Mill Rd @ Sitka Square · 50171 m
Eastbound W Broadway @ Spruce St · 9, N9183 m
Westbound W Broadway @ Spruce St · 9, N9191 m
Bus routes within 400 m: 9, 50, 84, N9
Street, trees and terrain
City street trees in front1 · Mazzard Cherry
Ground elevation≈ 31 m above sea level
Slope across the lotSteep, about 9 m
Nearest arterial roadOak St, 90 m
Railway line142 m
Truck route123 m
Crime near #5 – 1040 W 7th Ave
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Crime near #5 – 1040 W 7th Ave
UnlockIncidents within 400 m in the last 12 months, by type: in the full report.
Rezoning and development nearby
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Rezoning and development nearby
UnlockRezoning applications within 800 m: in the full report.
In Fairview, the City issued 6 new-building permits and 12 demolition permits in the last two years. About the neighbourhood
Questions about #5 – 1040 W 7th Ave
What is #5 – 1040 W 7th Ave assessed at?
$1,236,000 for 2026, from BC Assessment through the City’s property tax report. Assessed lower than 78% of the 10 units in the building.
What is the strata lot number of #5 – 1040 W 7th Ave?
Strata lot 4 on strata plan VAS932.
When was #5 – 1040 W 7th Ave built?
In 1981, according to BC Assessment.
What is the zoning of #5 – 1040 W 7th Ave?
It is zoned R4-1 under the Vancouver Zoning and Development By-law. More
Is #5 – 1040 W 7th Ave in a floodplain?
No. It is outside the floodplains designated by the City of Vancouver. More
Is #5 – 1040 W 7th Ave on the Heritage Register?
No. It is not listed on the Vancouver Heritage Register. More
What building permits has #5 – 1040 W 7th Ave had?
The City has issued 2 permits since 2017. The latest, from May 2025: addition or alteration ($178,000). More
Which schools serve #5 – 1040 W 7th Ave?
Elementary: False Creek Elementary. Secondary: Kitsilano Secondary. Placement depends on space: confirm with the school.
How far is the nearest SkyTrain station from #5 – 1040 W 7th Ave?
Olympic Village Station is 920 m away in a straight line.
Compare #5 – 1040 W 7th Ave with another address · Watch this address: email me when its records change
Other units in 1040 W 7th Ave
Units in the building
Full reportEvery record explained · PDF
Unlock $20Checked against City of Vancouver open data on October 21, 2026. How we check · Data sources · Glossary