331 E 40th Ave, Vancouver, BC

A freehold property, built 1958 on a 390 m² R1-1 lot with a rear lane. Older than 56% of the buildings on E 40th Ave.

Assessed 2026
$1,959,100
Zoning
R1-1
Lot
≈ 390 m²
Built
1958
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What the records show for 331 E 40th Ave

Street view

About 331 E 40th Ave

Assessed at $1,959,100 for 2026 (−5% on 2025). Assessed higher than 40% of the houses on E 40th Ave. The land is 98% of the value. School catchment: Van Horne Elementary and John Oliver Secondary. Oakridge-41st Avenue Station is 1.3 km away.

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Assessment history of 331 E 40th Ave

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2026$1,959,100
Up 20% since 2021
20202026

Permits on this lot · none since 2017

The City has issued no building permits for this lot since 2017.

The lot and zoning

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Area≈ 390 m²
ZoningR1-1
Rear laneYes
Frontage and depth
What the zoning allows

Schools and parks near 331 E 40th Ave
Elementary catchmentVan Horne Elementary
Secondary catchmentJohn Oliver Secondary
John Oliver Secondary527 m
Vancouver Learning Network527 m
Sir Wm Van Horne Elementary666 m
Cartier Park337 m
MacDonald Park549 m

How catchments work

Transit near 331 E 40th Ave
Nearest SkyTrain: Oakridge-41st Avenue (Canada Line)1.3 km
Westbound E 41 Ave @ Prince Edward St · 41192 m
Eastbound E 41 Ave @ Sophia St · 41195 m
Southbound Main St @ E 39 Ave · 3220 m

Bus routes within 400 m: 3, 41, R4

Street, trees and terrain
City street trees in front1 · Worplesdon Sweetgum
Ground elevation≈ 85 m above sea level
Slope across the lotFlat, about 1 m
Nearest arterial roadE 41st Ave, 184 m

Crime near 331 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: 9 new-building permits and 8 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 331 E 40th Ave

What is 331 E 40th Ave assessed at?

$1,959,100 for 2026, from BC Assessment through the City’s property tax report.

When was 331 E 40th Ave built?

In 1958, according to BC Assessment. A major improvement is recorded in 1970.

What is the zoning of 331 E 40th Ave?

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

What can be built at 331 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 331 E 40th Ave in a floodplain?

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

Is 331 E 40th Ave on the Heritage Register?

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

What building permits has 331 E 40th Ave had?

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

Which schools serve 331 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 331 E 40th Ave?

Oakridge-41st Avenue Station is 1.3 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