3 E 40th Ave, Vancouver, BC

A freehold property, built 1916 on a 559 m² R1-1 lot with a rear lane. Older than 82% of the buildings on E 40th Ave.

Assessed 2026
$2,160,300
Zoning
R1-1
Lot
≈ 559 m²
Built
1916
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What the records show for 3 E 40th Ave

Street view

About 3 E 40th Ave

Assessed at $2,160,300 for 2026 (−11% on 2025). Assessed higher than 61% of the houses on E 40th Ave. The land is 99% of the value. The lot is larger than 87% of the lots in Riley Park. 1 building permit since 2017. The latest, from Sep 2018: new building, single detached house with suite ($1,028,000). School catchment: Van Horne Elementary and Eric Hamber Secondary. Oakridge-41st Avenue Station is 810 m away.

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

Assessment history of 3 E 40th Ave

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2026$2,160,300
Up 10% since 2021
20202026

Permits on this lot · 1 since 2017

Sep 2018 · New building, single detached house with suite$1,028,000

The lot and zoning

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Area≈ 559 m²
ZoningR1-1
Frontage and depth
What the zoning allows

Schools and parks near 3 E 40th Ave

Elementary catchmentVan Horne Elementary
Secondary catchmentEric Hamber Secondary
Sir Wm Van Horne Elementary371 m
General Brock Elementary790 m
John Oliver Secondary961 m
Columbia Park606 m
Cartier Park648 m

How catchments work

Transit near 3 E 40th Ave

Nearest SkyTrain: Oakridge-41st Avenue (Canada Line)810 m
Westbound W 41 Ave @ Ontario St · 41182 m
Eastbound E 41 Ave @ Ontario St · 41193 m
Eastbound W 41 Ave @ Manitoba St · 41255 m

Bus routes within 400 m: 3, 41, R4

Street, trees and terrain

City street trees in front4 · Crimean Linden, European Beech
Ground elevation≈ 87 m above sea level
Slope across the lotFlat, about 1 m
Nearest arterial roadE 41st Ave, 183 m

Crime near 3 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: 7 new-building permits and 3 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 3 E 40th Ave

What is 3 E 40th Ave assessed at?

$2,160,300 for 2026, from BC Assessment through the City’s property tax report.

When was 3 E 40th Ave built?

In 1916, according to BC Assessment. A major improvement is recorded in 1965.

What is the zoning of 3 E 40th Ave?

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

What can be built at 3 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 3 E 40th Ave in a floodplain?

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

Is 3 E 40th Ave on the Heritage Register?

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

What building permits has 3 E 40th Ave had?

The City has issued 1 permit since 2017. The latest, from Sep 2018: new building ($1,028,000). More

Which schools serve 3 E 40th Ave?

Elementary: Van Horne Elementary. Secondary: Eric Hamber Secondary. Placement depends on space: confirm with the school.

How far is the nearest SkyTrain station from 3 E 40th Ave?

Oakridge-41st Avenue Station is 810 m 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