1208 W 40th Ave, Vancouver, BC

A freehold property, built 1941 on a 799 m² R1-1 lot with a rear lane. Built in the same years as many buildings on W 40th Ave.

Assessed 2026
$4,728,000
Zoning
R1-1
Lot
≈ 799 m²
Built
1941
2 to check6 notes2 clear
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What the records show for 1208 W 40th Ave

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Street view

About 1208 W 40th Ave

Assessed at $4,728,000 for 2026 (+12% on 2025). Assessed higher than 46% of the houses on W 40th Ave. Rebuilt after a 2025 demolition. School catchment: Osler Elementary and Eric Hamber 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 1208 W 40th Ave

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2026$4,728,000
Up 26% since 2021
20202026

Permits on this lot · 4 since 2017

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May 2026 · New building, laneway house$500,000
3 more permits in the full report

The lot and zoning

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Area≈ 799 m²
ZoningR1-1
Rear laneYes
Frontage and depth
What the zoning allows

Schools and parks near 1208 W 40th Ave
Elementary catchmentOsler Elementary
Secondary catchmentEric Hamber Secondary
Vancouver College DL243 m
Vancouver College243 m
Pacific Torah Institute International407 m
Montgomery Park412 m
VanDusen Botanical Garden506 m

How catchments work

Transit near 1208 W 40th Ave
Nearest SkyTrain: Oakridge-41st Avenue (Canada Line)1.2 km
Westbound W 41 Ave @ Selkirk St · 4161 m
Eastbound W 41 Ave @ Selkirk St · 4178 m
Westbound W 41 Ave @ Oak St · 41287 m

Bus routes within 400 m: 17, 41, R4

Street, trees and terrain
City street trees in frontNone recorded
Ground elevation≈ 103 m above sea level
Slope across the lotFlat
Nearest arterial roadW 41st Ave, 70 m
Truck route70 m

Crime near 1208 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 8 demolition permits.

New buildings nearby:

Rezoning applications within 800 m: in the full report.

In Shaughnessy, the City issued 79 new-building permits and 43 demolition permits in the last two years. About the neighbourhood

Questions about 1208 W 40th Ave

What is 1208 W 40th Ave assessed at?

$4,728,000 for 2026, from BC Assessment through the City’s property tax report.

When was 1208 W 40th Ave built?

In 1941, according to BC Assessment. A major improvement is recorded in 1945.

What is the zoning of 1208 W 40th Ave?

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

What can be built at 1208 W 40th Ave?

Under R1-1 the lot appears to fit a multiplex, 6 homes (8 if all rental). It has a rear lane, which a laneway home needs. More

Is 1208 W 40th Ave in a floodplain?

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

Is 1208 W 40th Ave on the Heritage Register?

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

What building permits has 1208 W 40th Ave had?

The City has issued 4 permits since 2017. The latest, from May 2026: new building ($500,000). More

Which schools serve 1208 W 40th Ave?

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

How far is the nearest SkyTrain station from 1208 W 40th Ave?

Oakridge-41st Avenue Station is 1.2 km 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 21, 2026. How we check · Data sources · Glossary