Vancouver Dossier

2061 E 40th Ave, Vancouver, BC

A freehold property, built 2016 on a 428 m² R1-1 lot with a rear lane. Newer than 94% of the buildings on E 40th Ave.

Assessed 2026

$2,468,000

Zoning

R1-1

Lot

≈ 428 m²

Built

2016

2 to check4 notes2 clear

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What the records show for 2061 E 40th Ave

Note

13 new buildings and 12 demolitions within 300 m

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What the record says: Permits issued in the last 24 months. Largest: 2008 E 39TH AVENUE, $22,000,000.
What it means: The area is being rebuilt. Expect construction nearby for a while.
What to do: Visit on a weekday and ask about timelines for the largest projects.

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Check

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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Check

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.

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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 $2,468,000, +27% 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

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

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What the record says, with its date and number
What it means for a buyer
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Street view

About 2061 E 40th Ave

Assessed at $2,468,000 for 2026 (−3% on 2025). Assessed higher than 81% of the houses on E 40th Ave. The lot is larger than 76% of the lots in Kensington-Cedar Cottage. School catchment: Cunningham Elementary and Gladstone Secondary. Nanaimo Station is 1.7 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 2061 E 40th Ave

2026$2,468,000

Up 27% 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≈ 428 m²

Frontage and depth

What the zoning allows

Schools and parks near 2061 E 40th Ave

Elementary catchmentCunningham Elementary

Secondary catchmentGladstone Secondary

Tecumseh Elementary364 m

G T Cunningham Elementary566 m

Tecumseh Annex719 m

Jones Park280 m

Tecumseh Park642 m

How catchments work

Transit near 2061 E 40th Ave

Nearest SkyTrain: Nanaimo (Expo Line)1.7 km

Northbound Victoria Dr @ E 41 Ave · 20, N20146 m

Southbound Victoria Dr @ E 38 Ave · 20, N20168 m

Eastbound E 41 Ave @ Victoria Dr · R4178 m

Bus routes within 400 m: 20, 41, N20, R4

Street, trees and terrain

City street trees in front2 · Black Locust

Ground elevation≈ 93 m above sea level

Slope across the lotFlat

Nearest arterial roadVictoria Dr, 91 m

Truck route91 m

Crime near 2061 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: 13 new-building permits and 12 demolition permits.

New buildings nearby:

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 2061 E 40th Ave

What is 2061 E 40th Ave assessed at?

$2,468,000 for 2026, from BC Assessment through the City’s property tax report.

When was 2061 E 40th Ave built?

In 2016, according to BC Assessment.

What is the zoning of 2061 E 40th Ave?

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

What can be built at 2061 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 2061 E 40th Ave in a floodplain?

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

Is 2061 E 40th Ave on the Heritage Register?

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

Can 2061 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 2061 E 40th Ave had?

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

Which schools serve 2061 E 40th Ave?

Elementary: Cunningham Elementary. Secondary: Gladstone Secondary. Placement depends on space: confirm with the school.

How far is the nearest SkyTrain station from 2061 E 40th Ave?

Nanaimo Station is 1.7 km away in a straight line.

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Other addresses on E 40th Ave

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