Vancouver Dossier

1005 E 40th Ave, Vancouver, BC

A freehold property, built 1976 on a 407 m² R1-1 lot with a rear lane. Older than 66% of the buildings on E 40th Ave.

Assessed 2026

$1,839,000

Zoning

R1-1

Lot

≈ 407 m²

Built

1976

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What the records show for 1005 E 40th Ave

Note

Built before 1990: asbestos survey before renovating

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What the record says: Built 1976.
What it means: Buildings from before 1990 can contain asbestos in drywall compound, flooring, insulation and stucco. The City asks for a hazardous materials survey before it permits renovation or demolition of these buildings.
What to do: Budget for a hazardous materials survey and, if asbestos is found, removal by a certified contractor before any renovation.

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R1-1 lot: fits a multiplex, 3–4 homes, borderline

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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Note

No building permits on record since 2017

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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Note

Assessed at $1,839,000, +21% 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.

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Note

Value is almost all land

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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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.

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Clear

Not on the Heritage Register

Clear

Outside the City floodplain

Clear

Separated storm and sanitary sewers

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Street view

About 1005 E 40th Ave

Assessed at $1,839,000 for 2026 (−4% on 2025). Assessed higher than 17% of the houses on E 40th Ave. The land is 94% of the value. The lot is larger than 73% of the lots in Kensington-Cedar Cottage. School catchment: Mackenzie Elementary and John Oliver Secondary. Oakridge-41st Avenue Station is 2.3 km away.

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Each finding explained, full permit and value history, questions for the seller and a PDF for your agent.

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Assessment history of 1005 E 40th Ave

2026$1,839,000

Up 21% since 2021

Permits on this lot · none since 2017

The City has issued no building permits for this lot since 2017.

The lot and zoning

Area≈ 407 m²

Frontage and depth

What the zoning allows

Schools and parks near 1005 E 40th Ave

Elementary catchmentMackenzie Elementary

Secondary catchmentJohn Oliver Secondary

Sir Alexander Mackenzie StrongStart170 m

Sir Alexander Mackenzie Elementary170 m

John Oliver Secondary640 m

Memorial South Park345 m

Grays Park797 m

How catchments work

Transit near 1005 E 40th Ave

Nearest SkyTrain: Oakridge-41st Avenue (Canada Line)2.3 km

Westbound E 41 Ave @ Windsor St · 41130 m

Eastbound E 41 Ave @ Windsor St · 41140 m

Westbound E 41 Ave @ St. Catherines St · 41232 m

Bus routes within 400 m: 41

Street, trees and terrain

City street trees in front3 · Globehead Norway Maple, Hedge Maple

Ground elevation≈ 88 m above sea level

Slope across the lotFlat

Nearest arterial roadE 41st Ave, 129 m

Truck route129 m

Crime near 1005 E 40th Ave

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

Rezoning and development nearby

Within 300 m in the last two years: 3 new-building permits and 2 demolition permits.

New buildings nearby:

811 E 39th Ave Sep 2025
841 E 39th Ave Feb 2025

Rezoning applications within 800 m: in the full report.

In Kensington-Cedar Cottage, the City issued 213 new-building permits and 140 demolition permits in the last two years. About the neighbourhood

Questions about 1005 E 40th Ave

What is 1005 E 40th Ave assessed at?

$1,839,000 for 2026, from BC Assessment through the City’s property tax report.

When was 1005 E 40th Ave built?

In 1976, according to BC Assessment.

What is the zoning of 1005 E 40th Ave?

It is zoned R1-1 under the Vancouver Zoning and Development By-law. More

What can be built at 1005 E 40th Ave?

Under R1-1 the lot appears to fit a multiplex, 3–4 homes, right at the minimum size, so a survey decides. It has a rear lane, which a laneway home needs. More

Is 1005 E 40th Ave in a floodplain?

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

Is 1005 E 40th Ave on the Heritage Register?

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

Can 1005 E 40th 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. More

What building permits has 1005 E 40th Ave had?

None since 2017, when the City’s open permit records begin. More

Which schools serve 1005 E 40th Ave?

Elementary: Mackenzie Elementary. Secondary: John Oliver Secondary. Placement depends on space: confirm with the school.

How far is the nearest SkyTrain station from 1005 E 40th Ave?

Oakridge-41st Avenue Station is 2.3 km away in a straight line.

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Other addresses on E 40th Ave

Full reportEvery record explained · PDF

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