Home > All listings > W 1239 40th Avenue

$8,880,000

W 1239 40th Avenue

Shaughnessy, Vancouver, BC, V6M 1V3

5 | 7 | 4 | 5,920 sq.ft. | Year Built: 2021 |

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Situated in prestigious Shaughnessy, this striking 2021 custom-built contemporary residence was designed by renowned Vancouver architect Loy Leyland and crafted as the builder’s own home with uncompromising standards. Offering 5,920 SQFT of refined living space, the home features soaring 11’ ceilings on the main and lower levels and 9’ above, creating grand scale and natural light. Premium European finishes define the interior, including solid hardwood flooring, large-format marble slabs, and imported custom cabinetry. The chef’s kitchen is equipped with top-tier Gaggenau and Miele appliances. German-engineered glazing enhances both performance and architectural presence.Fully integrated smart home control for lighting, motorized curtains, and security gate. Rare four-car garage.

Property Info

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MLS®: R3094567

Listing Courtesy of Royal Pacific Realty (Kingsway) Ltd.

Total Bedrooms 5

Total Bathrooms 7

Floor Space 5920 sq.ft.

Lot Size 8418 sq.ft.

Title Freehold NonStrata

Style 2 Storey w/Bsmt.

Date Listed XXXX-XX-XX

Property Type House

Listed Price $8,880,000

Unit Pricing $1,500/sq.ft.

Strata Fee $0.00

Tax Estimate $39,569/Year

Year Built 2021

Interior Features

Rooms

Main Living Room 20'6 * 10'0

Main Dining Room 20'6 * 12'

Main Kitchen 17'8 * 13'6

Main Wok Kitchen 11'2 * 6'9

Main Family Room 17'6 * 14'5

Main Den 12'1 * 11'8

Main Nook 12'0 * 11'0

Main Mud Room 6'9 * 6'0

Above Primary Bedroom 17'0 * 15'10

Above Primary Bedroom 15'9 * 12'6

Above Bedrooms 15'0 * 12'1

Bsmt Bedrooms 11'1 * 9'8

Bsmt Bedrooms 11'10 * 9'8

Bsmt Recreation Room 30'7 * 29'4

Bsmt Media Room 22'3 * 15'8

Bsmt Laundry 11'8 * 8'0

Bsmt Steam Room 6'0 * 4'9

Bsmt Sauna 8'3 * 5'0

More Details

Storey 2

Floor Space Finished 5920.00 sq.ft.

Roof XXXXXXX

Zoning R1-1

Floor Finish XXXXXXXXXXXXXXXXXXXXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Other, Lane Access, Rear Access, Garage Door Opener

Parking Cover 4

Parking Total 4

Fuel Heating Hot Water, Radiant

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 1V3
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2025

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 6
Bathrooms Half: 1

Interior Features

Fireplaces Total: 1
Flooring: Hardwood, Other, Tile, Carpet
Basement: Full, Finished
Interior Features: Central Vacuum

Exterior Features

Exterior Features: Balcony
Roof: Asphalt

Property

Utilities

Sewer: Public Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 2021
Lot Size Square Feet: 8418.4
Building Area Total: 5920
Living Area: 5920

Lot Information

Parcel Number: 003699099

Sold History

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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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