4540 W 3rd Ave, Vancouver, BC

A freehold property, built 1925 on a 731 m² R1-1 lot with a rear lane. Older than 88% of the buildings on W 3rd Ave.

Assessed 2026
$4,915,900
Zoning
R1-1
Lot
≈ 731 m²
Built
1925
3 to check5 notes2 clear
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What the records show for 4540 W 3rd Ave

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Street view

About 4540 W 3rd Ave

Assessed at $4,915,900 for 2026 (−7% on 2025). Assessed higher than 53% of the houses on W 3rd Ave. The land is 98% of the value. The lot is larger than 88% of the lots in West Point Grey. 1 building permit since 2017. The latest, from Jan 2026: new building, laneway house ($500,000). School catchment: Queen Mary Elementary and Byng Secondary.

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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 4540 W 3rd Ave

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2026$4,915,900
Up 4% since 2021
20202026

Permits on this lot · 1 since 2017

Jan 2026 · New building, laneway house$500,000

The lot and zoning

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Area≈ 731 m²
ZoningR1-1
Rear laneYes
Frontage and depth
What the zoning allows

Schools and parks near 4540 W 3rd Ave
Elementary catchmentQueen Mary Elementary
Secondary catchmentByng Secondary
Queen Mary Elementary456 m
West Point Grey Academy709 m
Pacific Spirit School907 m
Westmount Park373 m
Locarno Park414 m

How catchments work

Transit near 4540 W 3rd Ave
Nearest SkyTrain: Yaletown-Roundhouse (Canada Line)6.4 km
Westbound W 4th Ave @ Sasamat St · 4107 m
Eastbound W 4th Ave @ Tolmie St · 4, 44, 84131 m
Westbound W 4th Ave @ Trimble St · 4295 m

Bus routes within 400 m: 4, 44, 84

Street, trees and terrain
City street trees in front1 · Kobus Magnolia
Ground elevation≈ 56 m above sea level
Slope across the lotSloped, about 6 m
Nearest arterial roadW 4th Ave, 91 m
Truck route91 m

Crime near 4540 W 3rd 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: 11 new-building permits and 5 demolition permits.

New buildings nearby:

Rezoning applications within 800 m: in the full report.

In West Point Grey, the City issued 132 new-building permits and 67 demolition permits in the last two years. About the neighbourhood

Questions about 4540 W 3rd Ave

What is 4540 W 3rd Ave assessed at?

$4,915,900 for 2026, from BC Assessment through the City’s property tax report.

When was 4540 W 3rd Ave built?

In 1925, according to BC Assessment. A major improvement is recorded in 1970.

What is the zoning of 4540 W 3rd Ave?

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

What can be built at 4540 W 3rd Ave?

Under R1-1 the lot appears to fit a multiplex, 5 homes. It has a rear lane, which a laneway home needs. More

Is 4540 W 3rd Ave in a floodplain?

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

Is 4540 W 3rd Ave on the Heritage Register?

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

What building permits has 4540 W 3rd Ave had?

The City has issued 1 permit since 2017. The latest, from Jan 2026: new building ($500,000). More

Which schools serve 4540 W 3rd Ave?

Elementary: Queen Mary Elementary. Secondary: Byng Secondary. Placement depends on space: confirm with the school.

How far is the nearest SkyTrain station from 4540 W 3rd Ave?

Yaletown-Roundhouse Station is 6.4 km away in a straight line.

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Other addresses on W 3rd Ave

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Checked against City of Vancouver open data on October 21, 2026. How we check · Data sources · Glossary