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7040 Ontario St, Vancouver, BC
A freehold property, built 1973 on a 498 m² R1-1 lot with a rear lane. Built in the same years as many buildings on Ontario St.
Assessed 2026
$2,694,000
Zoning
R1-1
Lot
≈ 498 m²
Built
1973
4 notes2 clear
What the records show for 7040 Ontario St
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R1-1 lot: fits a multiplex, 5 homes
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Assessed at $2,694,000, +50% since 2021
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Built before 1990: asbestos survey before renovating
Clear
Not on the Heritage Register
Clear
Outside the City floodplain
Street view
About 7040 Ontario St
Assessed at $2,694,000 for 2026 (−4% on 2025). Assessed higher than 81% of the houses on Ontario St. The lot is larger than 83% of the lots in Sunset. 1 building permit since 2017. The latest, from Oct 2020: new building, laneway house ($215,250). School catchment: Sexsmith Elementary and Sir Winston Churchill Secondary. Langara-49th Avenue Station is 960 m 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.
Permits on this lot · 1 since 2017
Oct 2020 · New building, laneway house$215,250
The lot and zoning
UnlockSchools and parks near 7040 Ontario St
Elementary catchmentSexsmith Elementary
Secondary catchmentSir Winston Churchill Secondary
J.W. Sexsmith Community Elementary437 m
John Henderson Elementary795 m
Pierre Elliott Trudeau Elementary947 m
Langara Golf Course462 m
Langara Park639 m
Transit near 7040 Ontario St
Nearest SkyTrain: Langara-49th Avenue (Canada Line)960 m
Southbound Main St @ E 54 Ave · 3282 m
Northbound Main St @ 54 Ave · 3312 m
Southbound Main St @ E 56 Ave · 3338 m
Bus routes within 400 m: 3
Street, trees and terrain
City street trees in front1 · European Ash
Ground elevation≈ 55 m above sea level
Slope across the lotFlat
Nearest arterial roadMain St, 292 m
Crime near 7040 Ontario St
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Crime near 7040 Ontario St
UnlockIncidents within 400 m in the last 12 months, by type: in the full report.
Rezoning and development nearby
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Rezoning and development nearby
UnlockWithin 300 m in the last two years: 4 new-building permits and 2 demolition permits.
New buildings nearby:
- 6879 Quebec St Jul 2025
- 155 E 54th Ave Oct 2026
- 7318 Ontario St Oct 2026
- 126 E 54th Ave Dec 2025
Rezoning applications within 800 m: in the full report.
In Sunset, the City issued 145 new-building permits and 81 demolition permits in the last two years. About the neighbourhood
Questions about 7040 Ontario St
What is 7040 Ontario St assessed at?
$2,694,000 for 2026, from BC Assessment through the City’s property tax report.
When was 7040 Ontario St built?
In 1973, according to BC Assessment.
What is the zoning of 7040 Ontario St?
It is zoned R1-1 under the Vancouver Zoning and Development By-law. More
What can be built at 7040 Ontario St?
Under R1-1 the lot appears to fit a multiplex, 5 homes. It has a rear lane, which a laneway home needs. More
Is 7040 Ontario St in a floodplain?
No. It is outside the floodplains designated by the City of Vancouver. More
Is 7040 Ontario St on the Heritage Register?
No. It is not listed on the Vancouver Heritage Register. More
What building permits has 7040 Ontario St had?
The City has issued 1 permit since 2017. The latest, from Oct 2020: new building ($215,250). More
Which schools serve 7040 Ontario St?
Elementary: Sexsmith Elementary. Secondary: Sir Winston Churchill Secondary. Placement depends on space: confirm with the school.
How far is the nearest SkyTrain station from 7040 Ontario St?
Langara-49th Avenue Station is 960 m away in a straight line.
Compare 7040 Ontario St with another address · Watch this address: email me when its records change
Other addresses on Ontario St
Full reportEvery record explained · PDF
Unlock $20Checked against City of Vancouver open data on October 21, 2026. How we check · Data sources · Glossary