171 W 40th Ave, Vancouver, BC

A freehold property, built 1941 on a 379 m² R1-1 lot with a rear lane. Older than 77% of the buildings on W 40th Ave.

Assessed 2026
$3,257,000
Zoning
R1-1
Lot
≈ 379 m²
Built
1941
4 to check4 notes2 clear
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What the records show for 171 W 40th Ave

Note

Built before 1990: asbestos survey before renovating

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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.

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3 permits on this lot since 2017, 3 in the last 3 years

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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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R1-1 lot: fits a multiplex, 3–4 homes, borderline

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Built 1941: ask about a buried oil tank

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Combined sewer on this block

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Note

Rebuilt in 2024 after a demolition

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Assessed at $3,257,000, +66% since 2021

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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

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

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Street view

About 171 W 40th Ave

Assessed at $3,257,000 for 2026 (+28% on 2025). Assessed higher than 81% of the houses on W 40th Ave. Rebuilt after a 2024 demolition. School catchment: Van Horne Elementary and Eric Hamber Secondary. Oakridge-41st Avenue Station is 500 m 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 171 W 40th Ave

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2026$3,257,000
Up 66% since 2021
20202026

Permits on this lot · 3 since 2017

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Apr 2024 · New building, single detached house$1,225,000
2 more permits in the full report

The lot and zoning

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Area≈ 379 m²
ZoningR1-1
Rear laneYes
Frontage and depth
What the zoning allows

Schools and parks near 171 W 40th Ave
Elementary catchmentVan Horne Elementary
Secondary catchmentEric Hamber Secondary
Sir Wm Van Horne Elementary436 m
General Brock Elementary956 m
King David High School970 m
Columbia Park417 m
Queen Elizabeth Park694 m

How catchments work

Transit near 171 W 40th Ave
Nearest SkyTrain: Oakridge-41st Avenue (Canada Line)500 m
Westbound W 41 Ave @ Columbia St · 41203 m
Eastbound W 41 Ave @ Columbia St · 41229 m
Eastbound W 41 Ave @ Manitoba St · 41243 m

Bus routes within 400 m: 41, R4

Street, trees and terrain
City street trees in front1 · Pissard Plum
Ground elevation≈ 95 m above sea level
Slope across the lotGentle slope, about 2 m
Nearest arterial roadW 41st Ave, 183 m
SkyTrain guideway461 m

Crime near 171 W 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: 6 new-building permits and 1 demolition permit.

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 171 W 40th Ave

What is 171 W 40th Ave assessed at?

$3,257,000 for 2026, from BC Assessment through the City’s property tax report.

When was 171 W 40th Ave built?

In 1941, according to BC Assessment.

What is the zoning of 171 W 40th Ave?

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

What can be built at 171 W 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 171 W 40th Ave in a floodplain?

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

Is 171 W 40th Ave on the Heritage Register?

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

Can 171 W 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 171 W 40th Ave had?

The City has issued 3 permits since 2017. The latest, from Apr 2024: new building ($1,225,000). More

Which schools serve 171 W 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 171 W 40th Ave?

Oakridge-41st Avenue Station is 500 m away in a straight line.

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Other addresses on W 40th Ave

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