2228 40th Avenue E, Vancouver, BC, V5P 1J5

MLS® # R3042771

House For Sale In Victoria, Vancouver, British Columbia

$2,488,000 QuickQuote^TM: $2.3M - $2.8M

9 Beds

5 Baths

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2228 40th Avenue E, Vancouver, BC, V5P 1J5

$2,488,000

9 Beds

5 Baths

Property Information:

INVESTOR & BUILDER OPPORTUNITY TO OWN THIS! This home offers over 3,325 sqft of comfortable living, featuring 9 bedrooms + den and 5 bathrooms, ideal for a large family or multi-generational living. The home comes with freshly exterior painted in 2024 with a private secluded backyard great for relaxation and entertainment. Upstairs is fully tenanted, generating excellent income that covers the entire mortgage—perfect for buyers looking for a turnkey income property. Just steps away from schools, shops, restaurants, buses, and along the vibrant Victoria Drive, everything you need is within minutes of your doorstep. Don’t miss the opportunity to own a well-located, income-generating home in a highly sought-after neighborhood. Properties like this won’t last long—schedule your showing today!

Building Features:

Floor Space: 3325 Square Feet

Property Features:

Bedrooms: 9
Bathrooms: 5+0
Annual Tax Amount: $10,650
Basement: Crawl Space
Built in: 1995
Community Features: Shopping Nearby
Exterior Features: Balcony, Private Yard
Floor Space (approx): 3325 Square Feet
Heating: Natural Gas, Radiant
Levels: Three Or More
Lot Features: Central Location, Near Golf Course, Recreation Nearby
Lot Frontage: 40 Feet
Lot Size: 5600.00 Square Feet
Parking Features: Additional Parking, Garage Double
Structure Type: Residential Detached
No. of Parking Spaces: 3

Courtesy of: Sutton Premier Realty

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS® Reciprocity logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board.

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QuickQuote^TM

Approximate value for 9 bed, 5 bath house in this area is:

List Price
below Estimate List Price
above Estimate

$2,488,000

List Price

$2,301,363

$2,801,659

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Location of 2228 40th Avenue E, Vancouver, BC, V5P 1J5

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

32 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate

32 hot days expected in 2050

42/100

Moderate

ClimateCheck®

Current data

This property, 2228 40th Avenue E, experiences 7 hot days per year at around 27.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 32 hot days at 30.7 degrees Celsius.

Projected Avg. Temperature

Past

27.4℃

2050

30.7℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

14 storms expected in 2050

95/100

High

ClimateCheck®

Current data

This property, 2228 40th Avenue E, experiences 12 significant 2-day storms per year, with about 575.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 666.4mm of precipitation per year.

Precipitation Per Storm

Past

575.4mm

2050

666.4mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 2228 40th Avenue E, Vancouver, BC, V5P 1J5

Life Stage

Older Families

Employment Type

Service Sector/White Collar

Average Household Income

$104,009.04

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.07 %

High school certificate or equivalent

33.45 %

Apprenticeship trade certificate/diploma

5.6 %

College/non-university certificate

14.09 %

University certificate (below bachelor)

1.67 %

University Degree

20.13 %

Commuter

Travel To Work

By Car

59.78 %

By Public Transit

32.53 %

By Walking

3.64 %

By Bicycle

0.16 %

By Other Methods

3.89 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

33.9 %

Houses

66.1 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 2228 40th Avenue E, Vancouver, BC, V5P 1J5

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 2228 40th Avenue E, Vancouver, BC, V5P 1J5

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

2228 40th Avenue E, Vancouver, BC, V5P 1J5

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing