Home > All listings > W 1667 40th Avenue

$7,460,000

^$200,000

W 1667 40th Avenue

Shaughnessy, Vancouver, BC, V6M 1W1

5 | 5 | 6 | 4,596 sq.ft. | Year Built: 1926 |

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New Pricing Alert! 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.

Property Info

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MLS®: R3011913

Listing Courtesy of Royal Pacific Realty Corp.

Total Bedrooms 5

Total Bathrooms 5

Floor Space 4596 sq.ft.

Lot Size 17500 sq.ft.

Title Type Freehold NonStrata

Style 1 1/2 Storey

Date Listed XXXX-XX-XX

Property Type House

Listed Price $7,460,000

Unit Pricing $1,623/sq.ft.

Strata Fee $0.00

Tax Estimate $37,477/Year

Year Built 1926

Interior Features

Rooms

Main Living Room 20'1 * 14'6

Main Dining Room 14' * 13'5

Main Kitchen 15'5 * 12'7

Main Family Room 19'3 * 17'9

Main Eating Area 14'1 * 10'3

Main Office 15'6 * 12'3

Main Bedrooms 11'8 * 8'2

Main Foyer 8'9 * 9'11

Main Mud Room 9'5 * 6'6

Above Primary Bedroom 19' * 12'

Above Bedrooms 14'6 * 13'6

Above Bedrooms 13' * 11'2

Above Bedrooms 11'11 * 11'10

Bsmt Media Room 19'5 * 12'7

Bsmt Games Room 18'6 * 10'8

Bsmt Wine Room 12' * 7'9

Bsmt Flex Room 19'6 * 12'

More Details

Storey 2

Floor Space Finished 4596.00 sq.ft.

Roof XXXXXXX

Zoning R1-1

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Detached, Open, Lane Access

Parking Cover 2

Parking Total 6

Fuel Heating Hot Water, Mixed, Natural Gas

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

MLS Area Major: Vancouver West
Street Name: 40th
City: Vancouver
State Or Province: BC
Postal Code: V6M 1W1
Year Built Effective: 2022
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2023

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 4
Bathrooms Half: 1

Interior Features

Fireplaces Total: 2
Basement: Finished, Exterior Entry

Exterior Features

Exterior Features: Garden, Private Yard
Roof: Asphalt
Pool Features: Outdoor Pool

Property

Utilities

Sewer: Public Sewer, Septic Tank, Storm Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 1926
Year Built Effective: 2022
Lot Size Square Feet: 17500
Building Area Total: 4596
Living Area: 4596

Lot Information

Lot Features: Central Location
Parcel Number: 011124610

Sold History

Selling

R3011913 House Jun 5, 2025 Listed $7,660,000

R2973245 House Jun 5, 2025 Removed $7,660,000

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OPEN HOUSES

2025-07-19 02:00 PM - 04:00 PM

2025-07-20 02:00 PM - 04:00 PM

School Catchments

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City Introduction

Overview of Vancouver, BC, Canada

Population

Vancouver is the largest city in British Columbia, with a population of approximately 660,000 (2023). The Greater Vancouver area has over 2.6 million residents. Vancouver is one of Canada's most diverse cities, with significant Chinese, South Asian, and Filipino communities.

Economy

Key Industries: Technology, film production, tourism, port trade, and real estate.
Tech Hub: Known as the "Silicon Valley of the North," Vancouver is home to numerous tech companies and startups.
Film Industry: Vancouver is the third-largest film production center in North America, after Los Angeles and New York.
Port Trade: The Port of Vancouver is Canada's largest port, connecting Asian and North American markets.

Living Features

Natural Environment: Vancouver is renowned for its stunning natural scenery, including Stanley Park, English Bay, and the North Shore Mountains.
Climate: Mild winters and cool summers make it ideal for outdoor activities.
Education: Home to prestigious universities like the University of British Columbia (UBC) and Simon Fraser University (SFU).
Multiculturalism: A vibrant multicultural community with diverse dining and cultural events.

Real Estate Investment

Prices: Vancouver is one of Canada's most expensive cities, with detached homes averaging $2 million CAD and condos around $800,000 CAD (2023).

Opportunities:

Strong demand from immigrants and students ensures a robust rental market.
Limited land supply and population growth support long-term price appreciation.

Risks:

High prices and foreign buyer taxes (20%) may increase investment costs.
Vacancy taxes and property taxes are relatively high, requiring careful financial planning.

Verdict

Vancouver is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include Kitsilano and West End, while Downtown and Broadway corridor condos are attractive for investors.

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