1 Bed Suite 1427 W 40th Avenue — Vancouver West


$ 1,800 FOR RENT MLS# R3136888
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Rare on market in Shaughnessy! Welcome home to this air-conditioned luxury 1-bed 1-bath half-basement suite! This bright, spacious suite features high ceiling, crown molding, pot lights, hardwood floor, full kitchen with stainless steel appliances, complete with dishwasher and microwave, quartz countertop, ensuite washer dryer, and more! Situated on a quiet tree-lined street, this suite is close to prestige private schools and BC’s highest ranking public schools (St. George Senior School, Little Flower Academy, Crofton House, Point Grey Secondary, Prince of Wales Secondary, Winston Churchill Secondary, Magee Secondary, Maple Grove Elementary, Wilfrid Laurier Elementary, Sir William Osler Elementary; Langara College, Vancouver College). Close to Queen Elizabeth Park, VanDusen, etc.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms1
Living Area500 sqft
Property TypeResidential Lease – Single Family Residence
MLS® R3136888
StatusRented
Listing BrokerSincere Real Estate Services

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
Mmm 00, 0000 R0000000 $0,000,000 Price change

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Market Overview

Shaughnessy · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes114
Median Asking Price $ 4,944,000 $ 1,800
Median Price per SqFt $1,157 $4
Median Days on Market 76
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 0 ▼100.0% 6 1
Median Selling Price ▼100.0% $ 4,994,000 $ 4,555,000
Median Price per SqFt ▼100.0% $978 $1,334
Median Days on Market 8091
Median Discount Off Ask 14.6%8.9%
New Listings 5239
Months of Inventory 17.5

At the current sales pace, it would take about 18 months to sell all the homes currently for sale here — a Buyer's market.

SELLER'S
BALANCED
BUYER'S

More homes are for sale than there are buyers, so buyers tend to have more choice and more room to negotiate on price.

What's this?

Months of inventory = the number of homes currently for sale ÷ the average number sold per month recently. As a rule of thumb, under 5 months favours sellers, 5–8 is balanced, and over 8 favours buyers.

Shaughnessy: Number of Sales

Shaughnessy: Median Sold Price

Shaughnessy: Median Sold Price per SqFt

Aggregate market statistics from the MLS® for Shaughnessy. Figures are medians and may reflect small sample sizes in a single neighbourhood. Not an appraisal — ask a team member to verify.