270 E 40th Ave, Vancouver, BC

A freehold property, built 2021 on a 375 m² R1-1 lot with a rear lane. The newest building on E 40th Ave.

Assessed 2026
$3,123,000
Zoning
R1-1
Lot
≈ 375 m²
Built
2021
1 to check5 notes3 clear
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What the records show for 270 E 40th Ave

Note

8 new buildings and 6 demolitions within 300 m

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What the record says
Permits issued in the last 24 months. Largest: 164 E 38TH AVENUE, $2,275,000.
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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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

Rebuilt in 2021 after a demolition

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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

4 permits on this lot since 2017

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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 $3,123,000, +101% 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

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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 270 E 40th Ave

Assessed at $3,123,000 for 2026 (−4% on 2025). Assessed higher than 88% of the houses on E 40th Ave. Rebuilt after a 2020 demolition. School catchment: Van Horne Elementary and John Oliver Secondary. Oakridge-41st Avenue Station is 1.2 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 270 E 40th Ave

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2026$3,123,000
Up 101% since 2021
20202026

Permits on this lot · 4 since 2017

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Feb 2021 · New building, single detached house with suite$700,000
3 more permits in the full report

The lot and zoning

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Area≈ 375 m²
ZoningR1-1
Rear laneYes
Frontage and depth
What the zoning allows

Schools and parks near 270 E 40th Ave
Elementary catchmentVan Horne Elementary
Secondary catchmentJohn Oliver Secondary
Sir Wm Van Horne Elementary572 m
John Oliver Secondary576 m
Vancouver Learning Network576 m
Cartier Park408 m
MacDonald Park516 m

How catchments work

Transit near 270 E 40th Ave
Nearest SkyTrain: Oakridge-41st Avenue (Canada Line)1.2 km
Northbound Main St @ E 41 Ave · 3144 m
Westbound E 41st Ave @ Main St · 41157 m
Southbound Main St @ E 39 Ave · 3162 m

Bus routes within 400 m: 3, 41, R4

Street, trees and terrain
City street trees in front1 · Kobus Magnolia
Ground elevation≈ 87 m above sea level
Slope across the lotGentle slope, about 2 m
Nearest arterial roadMain St, 122 m
Truck route122 m

Crime near 270 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: 8 new-building permits and 6 demolition permits.

New buildings nearby:

Rezoning applications within 800 m: in the full report.

In Riley Park, the City issued 139 new-building permits and 102 demolition permits in the last two years. About the neighbourhood

Questions about 270 E 40th Ave

What is 270 E 40th Ave assessed at?

$3,123,000 for 2026, from BC Assessment through the City’s property tax report.

When was 270 E 40th Ave built?

In 2021, according to BC Assessment.

What is the zoning of 270 E 40th Ave?

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

What can be built at 270 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 270 E 40th Ave in a floodplain?

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

Is 270 E 40th Ave on the Heritage Register?

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

Can 270 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 270 E 40th Ave had?

The City has issued 4 permits since 2017. The latest, from Feb 2021: new building ($700,000). More

Which schools serve 270 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 270 E 40th Ave?

Oakridge-41st Avenue Station is 1.2 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