231 E 40th Ave, Vancouver, BC

A freehold property, built 1945 on a 527 m² R1-1 lot with a rear lane. Older than 76% of the buildings on E 40th Ave.

Assessed 2026
$2,508,000
Zoning
R1-1
Lot
≈ 527 m²
Built
1945
2 to check6 notes2 clear

What the records show for 231 E 40th Ave

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Street view

About 231 E 40th Ave

Assessed at $2,508,000 for 2026 (−4% on 2025). Assessed higher than 76% of the houses on E 40th Ave. The land is 88% of the value. The lot is larger than 83% of the lots in Riley Park. Rebuilt after a 2026 demolition. School catchment: Van Horne Elementary and John Oliver Secondary. Oakridge-41st Avenue Station is 1.1 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 231 E 40th Ave

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2026$2,508,000
Up 21% since 2021
20202026

Permits on this lot · 3 since 2017

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Aug 2026 · New building, multiple dwelling$978,000
2 more permits in the full report

The lot and zoning

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Area≈ 527 m²
ZoningR1-1
Frontage and depth
What the zoning allows

Schools and parks near 231 E 40th Ave

Elementary catchmentVan Horne Elementary
Secondary catchmentJohn Oliver Secondary
Sir Wm Van Horne Elementary557 m
John Oliver Secondary640 m
Vancouver Learning Network640 m
Cartier Park394 m
MacDonald Park571 m

How catchments work

Transit near 231 E 40th Ave

Nearest SkyTrain: Oakridge-41st Avenue (Canada Line)1.1 km
Southbound Main St @ E 39 Ave · 396 m
Northbound Main St @ E 39 Ave · 3135 m
Northbound Main St @ E 41 Ave · 3151 m

Bus routes within 400 m: 3, 41, R4

Street, trees and terrain

City street trees in front1 · Planting Site
Ground elevation≈ 82 m above sea level
Slope across the lotFlat, about 1 m
Nearest arterial roadMain St, 73 m
Truck route73 m

Crime near 231 E 40th 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: 11 new-building permits and 9 demolition permits.

New buildings nearby:

Rezoning applications within 800 m: in the full report.

In Riley Park, the City issued 144 new-building permits and 102 demolition permits in the last two years. About the neighbourhood

Questions about 231 E 40th Ave

What is 231 E 40th Ave assessed at?

$2,508,000 for 2026, from BC Assessment through the City’s property tax report.

When was 231 E 40th Ave built?

In 1945, according to BC Assessment. A major improvement is recorded in 2005.

What is the zoning of 231 E 40th Ave?

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

What can be built at 231 E 40th Ave?

Under R1-1 the lot appears to fit a multiplex, 5 homes. It has a rear lane, which a laneway home needs. More

Is 231 E 40th Ave in a floodplain?

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

Is 231 E 40th Ave on the Heritage Register?

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

What building permits has 231 E 40th Ave had?

The City has issued 3 permits since 2017. The latest, from Aug 2026: new building ($978,000). More

Which schools serve 231 E 40th Ave?

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

How far is the nearest SkyTrain station from 231 E 40th Ave?

Oakridge-41st Avenue Station is 1.1 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 21, 2026. How we check · Data sources · Glossary