2561 E 40th Avenue — Vancouver East


$ 1,359,900 FOR SALE MLS# R2912737
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Welcome to this like new European inspired duplex style townhome, nestled along a serene tree-line street in the heart of Renfrew-Collingwood. As you enter this south-facing home, you'll notice the abundant natural light streaming through the oversized windows. The gourmet kitchen, adorned w/designer Bloomberg appliances, wood grain finishes, quartz countertop & a picturesque letterbox window, is a culinary haven for any chef. The open living/dining area is thoughtfully designed for both entertaining & family gatherings, featuring a patio off the dining & a spacious front yard. Upstairs, 3 generously sized bedrooms awaits, boasting lofty 12’ ceiling. Radiant heating in bathrooms, Smart Home system, fresh paint throughout & HRV add to this exceptional home.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms3
Bathrooms3
Living Area1,223 sqft
Property TypeResidential – Townhouse
MLS® R2912737
StatusTerminated
Listing BrokerOakwyn Realty Ltd.

Property History

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

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Market Overview

Collingwood VE · Vancouver East · Houses

Active PropertiesAll ActiveThis Property
Houses47
Median Asking Price $ 1,058,000 $ 1,359,900
Median Price per SqFt $911 $1,112
Median Days on Market 635
Sold Properties Aug 2026Jul 2026Aug 2025
Houses 0 ▼100.0% 1 2
Median Selling Price ▼100.0% $ 842,000 $ 937,500
Median Price per SqFt ▼100.0% $829 $916
Median Days on Market 611
Median Discount Off Ask 0.8%1.2%
New Listings 550
Months of Inventory 56.4

At the current sales pace, it would take about 56 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.

Only a few homes have sold here recently, so this figure swings easily — read it as a rough guide, not a precise number.

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.

Collingwood VE: Number of Sales

Collingwood VE: Median Sold Price

Collingwood VE: Median Sold Price per SqFt

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