1667 W 40TH AVE, Vancouver BC V6M 1W1, Vancouver, BC

$7,660,000
Est. Mortgage /mo

MLS® R3011913

OPEN HOUSE

$7,660,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
4 Beds
5 Baths
2 Stories
lot 17500 sqft
4596 sqft
1926 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Exceptional Investment & Redevelopment Opportunity in Prestigious Shaughnessy! Discover luxury living in one of Vancouver’s most sought-after neighbourhoods. This elegant 4-bedroom, 5-bathroom home with a private outdoor pool sits on a generous 17,500 sq ft lot and is already confirmed to be eligible for redevelopment under the City of Vancouver’s R1-1 zoning (letter available upon request). Whether you're seeking a family home, a luxury rental, or a future redevelopment project, the options are vast and lucrative. Ideally located near top schools including LFA, Crofton House, York House, and Point Grey Secondary, and just minutes to UBC. Government assessment as of July 1, 2024: $7,710,000 (buyers to verify). Open House: Saturday & Sunday, 2–4 PM.

Open houses

21 Jun, 2025 (01:00 PM to 03:00 PM)

21 Jun, 2025 (01:00 PM to 03:00 PM)

22 Jun, 2025 (01:00 PM to 03:00 PM)

28 Jun, 2025 (01:00 PM to 03:00 PM)

General Info

Price $7,660,000
Total Bedrooms 4
Total Bathrooms 4
Half Bathrooms 1
Floor Area Total (sqft) 4596
Lot Size 17500
Lot Size Depth Feet
Lot Size Frontage 100
Basement Finished, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1926
Age Of Building 99
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R3011913
Area Vancouver West
Neighbourhood Shaughnessy
City Vancouver
Gross Taxes $37,476.7
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 2
Heating Type Hot Water, Mixed, Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Septic Tank, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Detached, Open, Lane Access
Total Parking Spaces 6

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Strata Restrictions -
Rental Restrictions -
Zoning R1-1
Rental Suites -
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features Garden, Private Yard
Sewer Public Sewer, Septic Tank, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
Active - $7,660,000
Active - $7,660,000
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Listed by: Royal Pacific Realty Corp.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Secondary
Point Grey Secondary School
0.7 km
No Rating
Elementary
Quilchena Elementary School
Average
0.6 km
Rating 6.1/10

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary, Secondary
Vancouver College
0.55 km
Rating 10/10
Elementary, Secondary
Vancouver College
0.55 km
Rating 10/10

Closest Transit

Translink
Eastbound W 41 Ave @ Adera St
0.19 km

1667 W 40TH AVENUE, Vancouver BC V6M 1W1 is serviced by Quilchena Elementary School. The property with listing MLS® R3011913 is located 0.6 km from the school. Quilchena Elementary School has a rating of Rating 6.1/10.

This home with address 1667 W 40TH AVENUE, Vancouver BC V6M 1W1, Vancouver, BC is also serviced by Point Grey Secondary School and located 0.7 km from it. Point Grey Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 1667 W 40TH AVENUE, Vancouver BC V6M 1W1 is Vancouver College with School's rating Rating 10/10, located 0.55 km from this home.

The closest to this address 1667 W 40TH AVENUE, Vancouver BC V6M 1W1 Secondary independent school is Vancouver College with School's rating Rating 10/10, located 0.55 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 1667 W 40TH AVENUE, Vancouver BC V6M 1W1, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS® R3011913 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 1667 W 40TH AVENUE, Vancouver BC V6M 1W1 are Above Average. Property misconduct rating adjacent to MLS® R3011913 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Eastbound W 41 Ave @ Adera St in 0.19 km away from this listing with - MLS® R3011913.

52.4% of people with university certificate/degree live in this neighbourhood adjacent to the 1667 W 40TH AVENUE, Vancouver BC V6M 1W1 which is High in comparison with other BC neighbourhoods. 9.8% of population in this neighbourhood that is near the Listing MLS® R3011913 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 1667 W 40TH AVENUE, Vancouver BC V6M 1W1, Vancouver, BC is $143155 which is High in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R3011913 is $46528 which is High in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 36.2% which is Low.

Unemployment rate in the area around Real Estate Listing # R3011913 is 3.9 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 1667 W 40TH AVENUE, Vancouver BC V6M 1W1 where population change between 2011 and 2016 was -6.9%. This is Low in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 1667 W 40TH AVENUE, Vancouver BC V6M 1W1, Vancouver, BC is 1666.6 which is Average people per sq.km.

Average size of families in the area adjacent to home for sale 1667 W 40TH AVENUE, Vancouver BC V6M 1W1 is 3.1. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R3011913 is 67.9% and it is Above Average. % of Married or living common law is around 59% and it is Average.

Average age of the population close to the 1667 W 40TH AVENUE, Vancouver BC V6M 1W1 is 41.8 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 1667 W 40TH AVENUE, Vancouver BC V6M 1W1, Vancouver, BC is $3563977 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 1667 W 40TH AVENUE, Vancouver BC V6M 1W1. $2652 owners spent in average for the dwelling. Tenants are paying $2006 in this district close to MLS® R3011913 and it is High comparing to other cities.

17.6% of Population in this district near the 1667 W 40TH AVENUE, Vancouver BC V6M 1W1 are Renters and it is Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 1667 W 40TH AVENUE, Vancouver BC V6M 1W1, Vancouver, BC is 12.4%, it is Above Average, % of English speakers only is 80.2% and Below Average. % of Neither English nor French speakers close to home for sale 1667 W 40TH AVENUE, Vancouver BC V6M 1W1, Vancouver, BC is 7.4% and it is High comparing to other BC cities.

12.8% of all population in the area around this property with the address 1667 W 40TH AVENUE, Vancouver BC V6M 1W1, Vancouver, BC using Public Transport which is Average, 71.7% of using population are using Cars around MLS® R3011913, which is Below Average. 7.8% of people using Bicycles around the 1667 W 40TH AVENUE, Vancouver BC V6M 1W1 and it is High. 7.3% of population are walking which is Above Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $7,660,000
Vancouver $5,452,667
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
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NEW
$9,980,000

5550 SOMERSET CRESCENT, Vancouver BC V6M 1S6, Vancouver

5 Beds
4 Baths
4489 sqft
1929 built
MLS® R3017846

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