Vancouver Dossier

#1 – 312 E 40th Ave, Vancouver, BC

Strata unit #1 at 312 E 40th Ave: assessed at $1,821,000 in 2026. The lowest assessed of the 2 units in the building.

Unit assessed 2026

$1,821,000

Change from last year

-5%

Strata lot

2

Built

1941

1 to check7 notes3 clear

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Building report for 312 E 40th Ave: all 2 units · $20

Unit #1

Assessed 2026$1,821,000

Change from last year−5%

Within the buildingThe lowest assessed of the 2 units in the building

Strata lotLot 2, plan EPS10471

Value history, 3 years

Property tax, year by year

Permits filed under this unit numberNone since 2017

About strata records

What the records show for the building at 312 E 40th Ave

Note

Built before 1990: asbestos survey before renovating

Free preview

What the record says: Built 1941.
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.

The full report explains every finding like this one.

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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 2023 after a demolition

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

3 permits on this lot 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

Typical unit assessed at $1,876,000

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

Strata building, 3 units, built 1941

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

6 new buildings and 5 demolitions within 300 m

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

Part of a full report: what each record says, what it means and what to do

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What the record says, with its date and number
What it means for a buyer
What to ask the seller and your realtor
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Street view

About #1 – 312 E 40th Ave

A 3-unit strata building, built 1941 on a 382 m² R1-1 lot with a rear lane. Older than 78% of the buildings on E 40th Ave. Units are assessed from $1,821,000 to $1,876,000; the typical unit is $1,876,000. Rebuilt after a 2023 demolition. School catchment: Van Horne Elementary and John Oliver Secondary. Oakridge-41st Avenue Station is 1.3 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.

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Assessment history of #1 – 312 E 40th Ave

Whole building, 3 units: units are assessed from $1,821,000 to $1,876,000, typical unit $1,876,000.

2026$3,697,000

Permits on this building · 3 since 2017

Oct 2023 · New building, duplex$722,453

2 more permits in the full report

Schools and parks near #1 – 312 E 40th Ave

Elementary catchmentVan Horne Elementary

Secondary catchmentJohn Oliver Secondary

John Oliver Secondary516 m

Vancouver Learning Network516 m

Sir Wm Van Horne Elementary618 m

Cartier Park398 m

MacDonald Park494 m

How catchments work

Transit near #1 – 312 E 40th Ave

Nearest SkyTrain: Oakridge-41st Avenue (Canada Line)1.3 km

Eastbound E 41 Ave @ Sophia St · 41138 m

Westbound E 41 Ave @ Prince Edward St · 41154 m

Northbound Main St @ E 41 Ave · 3188 m

Bus routes within 400 m: 3, 41, R4

Street, trees and terrain

City street trees in frontNone recorded

Ground elevation≈ 87 m above sea level

Slope across the lotFlat

Nearest arterial roadE 41st Ave, 127 m

Truck route127 m

Crime near #1 – 312 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: 6 new-building permits and 5 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 #1 – 312 E 40th Ave

What is #1 – 312 E 40th Ave assessed at?

$1,821,000 for 2026, from BC Assessment through the City’s property tax report. The lowest assessed of the 2 units in the building.

What is the strata lot number of #1 – 312 E 40th Ave?

Strata lot 2 on strata plan EPS10471.

When was #1 – 312 E 40th Ave built?

In 1941, according to BC Assessment. A major improvement is recorded in 1955.

What is the zoning of #1 – 312 E 40th Ave?

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

Is #1 – 312 E 40th Ave in a floodplain?

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

Is #1 – 312 E 40th Ave on the Heritage Register?

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

Can #1 – 312 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. The strata bylaws can also ban it. More

What building permits has #1 – 312 E 40th Ave had?

The City has issued 3 permits since 2017. The latest, from Oct 2023: new building ($722,453). More

Which schools serve #1 – 312 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 #1 – 312 E 40th Ave?

Oakridge-41st Avenue Station is 1.3 km away in a straight line.

Compare #1 – 312 E 40th Ave with another address · Watch this address: email me when its records change

Other units in 312 E 40th Ave

Units in the building

#2 $1,876,000

All 2 units in the building

Full reportEvery record explained · PDF

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