1405 W 40th Ave, Vancouver, BC

A freehold property, built 1926 on a 630 m² R1-1 lot with a rear lane. Older than 90% of the buildings on W 40th Ave.

Assessed 2026
$3,769,000
Zoning
R1-1
Lot
≈ 630 m²
Built
1926
2 to check3 notes2 clear

What the records show for 1405 W 40th Ave

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Street view

About 1405 W 40th Ave

Assessed at $3,769,000 for 2026 (−4% on 2025). Assessed higher than 16% of the houses on W 40th Ave. The land is 87% of the value. The lot is smaller than 79% of the lots in Shaughnessy. 1 building permit since 2017. The latest, from Aug 2025: addition or alteration, single detached house with suite ($50,000). School catchment: Osler Elementary and Eric Hamber Secondary. Oakridge-41st Avenue Station is 1.5 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.

Assessment history of 1405 W 40th Ave

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2026$3,769,000
Up 4% since 2021
20202026

Permits on this lot · 1 since 2017

Aug 2025 · Addition or alteration, single detached house with suite$50,000

The lot and zoning

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Area≈ 630 m²
ZoningR1-1
Frontage and depth
What the zoning allows

Schools and parks near 1405 W 40th Ave

Elementary catchmentOsler Elementary
Secondary catchmentEric Hamber Secondary
Vancouver College DL114 m
Vancouver College114 m
Sir William Osler Elementary637 m
VanDusen Botanical Garden602 m
Montgomery Park678 m

How catchments work

Transit near 1405 W 40th Ave

Nearest SkyTrain: Oakridge-41st Avenue (Canada Line)1.5 km
Westbound W 41 Ave @ Cartier St · 41140 m
Northbound Granville St @ W 41 Ave · 10, N10164 m
Eastbound W 41 Ave @ Granville St · R4167 m

Bus routes within 400 m: 10, 41, N10, R4

Street, trees and terrain

City street trees in front3 · Norway Maple, Common Hackberry
Ground elevation≈ 102 m above sea level
Slope across the lotFlat
Nearest arterial roadW 41st Ave, 144 m
Truck route144 m

Crime near 1405 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 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 1405 W 40th Ave

What is 1405 W 40th Ave assessed at?

$3,769,000 for 2026, from BC Assessment through the City’s property tax report.

When was 1405 W 40th Ave built?

In 1926, according to BC Assessment. A major improvement is recorded in 1996.

What is the zoning of 1405 W 40th Ave?

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

What can be built at 1405 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 1405 W 40th Ave in a floodplain?

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

Is 1405 W 40th Ave on the Heritage Register?

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

What building permits has 1405 W 40th Ave had?

The City has issued 1 permit since 2017. The latest, from Aug 2025: addition or alteration ($50,000). More

Which schools serve 1405 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 1405 W 40th Ave?

Oakridge-41st Avenue Station is 1.5 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