1239 W 40th Ave, Vancouver, BC

A freehold property, built 2019 on a 780 m² R1-1 lot with a rear lane. The newest building on W 40th Ave.

Assessed 2026
$6,937,000
Zoning
R1-1
Lot
≈ 780 m²
Built
2019
4 notes2 clear
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What the records show for 1239 W 40th Ave

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Street view

About 1239 W 40th Ave

Assessed at $6,937,000 for 2026 (−7% on 2025). Assessed higher than 86% of the houses on W 40th Ave. Rebuilt after a 2019 demolition. School catchment: Osler Elementary and Eric Hamber Secondary. Oakridge-41st Avenue Station is 1.3 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 1239 W 40th Ave

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2026$6,937,000
Up 58% since 2021
20202026

Permits on this lot · 4 since 2017

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May 2019 · Demolition, single detached house$15,000
3 more permits in the full report

The lot and zoning

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Area≈ 780 m²
ZoningR1-1
Rear laneYes
Frontage and depth
What the zoning allows

Schools and parks near 1239 W 40th Ave
Elementary catchmentOsler Elementary
Secondary catchmentEric Hamber Secondary
Vancouver College DL188 m
Vancouver College188 m
Pacific Torah Institute International485 m
VanDusen Botanical Garden464 m
Montgomery Park492 m

How catchments work

Transit near 1239 W 40th Ave
Nearest SkyTrain: Oakridge-41st Avenue (Canada Line)1.3 km
Westbound W 41 Ave @ Selkirk St · 41132 m
Eastbound W 41 Ave @ Selkirk St · 41150 m
Westbound W 41 Ave @ Cartier St · 41267 m

Bus routes within 400 m: 41, R4

Street, trees and terrain
City street trees in front2 · Night Purple Leaf Plum
Ground elevation≈ 104 m above sea level
Slope across the lotFlat
Nearest arterial roadW 41st Ave, 129 m
Truck route129 m

Crime near 1239 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: 5 new-building permits and 3 demolition permits.

New buildings nearby:

Rezoning applications within 800 m: in the full report.

In Shaughnessy, the City issued 78 new-building permits and 43 demolition permits in the last two years. About the neighbourhood

Questions about 1239 W 40th Ave

What is 1239 W 40th Ave assessed at?

$6,937,000 for 2026, from BC Assessment through the City’s property tax report.

When was 1239 W 40th Ave built?

In 2019, according to BC Assessment.

What is the zoning of 1239 W 40th Ave?

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

What can be built at 1239 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 1239 W 40th Ave in a floodplain?

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

Is 1239 W 40th Ave on the Heritage Register?

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

What building permits has 1239 W 40th Ave had?

The City has issued 4 permits since 2017. The latest, from May 2019: demolition ($15,000). More

Which schools serve 1239 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 1239 W 40th Ave?

Oakridge-41st Avenue Station is 1.3 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 25, 2026. How we check · Data sources · Glossary