1406 W 40th Ave, Vancouver, BC

A freehold property, built 1927 on a 783 m² R1-1 lot with a rear lane. Older than 71% of the buildings on W 40th Ave.

Assessed 2026
$8,432,000
Zoning
R1-1
Lot
≈ 783 m²
Built
1927
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What the records show for 1406 W 40th Ave

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Street view

About 1406 W 40th Ave

Assessed at $8,432,000 for 2026 (−4% on 2025). One of the highest assessed houses on W 40th Ave, above 91% of them. 3 building permits since 2017. The latest, from Oct 2024: new building, laneway house ($250,000). 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 1406 W 40th Ave

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2026$8,432,000
Up 7% since 2021
20202026

Permits on this lot · 3 since 2017

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Oct 2024 · New building, laneway house$250,000
2 more permits in the full report

The lot and zoning

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Area≈ 783 m²
ZoningR1-1
Frontage and depth
What the zoning allows

Schools and parks near 1406 W 40th Ave

Elementary catchmentOsler Elementary
Secondary catchmentEric Hamber Secondary
Vancouver College DL93 m
Vancouver College93 m
Sir William Osler Elementary584 m
Montgomery Park635 m
VanDusen Botanical Garden647 m

How catchments work

Transit near 1406 W 40th Ave

Nearest SkyTrain: Oakridge-41st Avenue (Canada Line)1.5 km
Westbound W 41 Ave @ Cartier St · 4179 m
Eastbound W 41 Ave @ Granville St · R4113 m
Westbound W 41 Ave @ Granville St · 41141 m

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

Street, trees and terrain

City street trees in front3 · Norway Maple, Pacific Sunset Maple
Ground elevation≈ 101 m above sea level
Slope across the lotFlat
Nearest arterial roadW 41st Ave, 80 m
Truck route80 m

Crime near 1406 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 2 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 1406 W 40th Ave

What is 1406 W 40th Ave assessed at?

$8,432,000 for 2026, from BC Assessment through the City’s property tax report.

When was 1406 W 40th Ave built?

In 1927, according to BC Assessment. A major improvement is recorded in 2015.

What is the zoning of 1406 W 40th Ave?

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

What can be built at 1406 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 1406 W 40th Ave in a floodplain?

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

Is 1406 W 40th Ave on the Heritage Register?

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

What building permits has 1406 W 40th Ave had?

The City has issued 3 permits since 2017. The latest, from Oct 2024: new building ($250,000). More

Which schools serve 1406 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 1406 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 21, 2026. How we check · Data sources · Glossary