3491 W 40th Avenue — Vancouver West


$ 4,280,000 FOR SALE MLS# R3155819
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Extensively renovated and thoughtfully updated, this beautiful Dunbar home offers a rare combination of space, privacy and quality. A corner property with a south-facing entrance, it features a warm West Coast-inspired interior blending natural wood tones with crisp white finishes. The main level offers 3 bedrooms, each with its own ensuite, ideal for family living. The lower level includes an additional bedroom, full bath, wet bar, wine cellar and ample storage. Comprehensive upgrades include kitchen cabinetry, appliances, bathrooms, lighting, windows and Hunter Douglas window coverings. Situated on a quiet, tree-lined street in sought-after Dunbar, close to schools, shopping, parks and everyday amenities. A wonderful opportunity for comfortable West Side living.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms4
Bathrooms5
Living Area3,749 sqft
Lot Area6,254 sqft
Property TypeResidential – Single Family Residence
MLS® R3155819
StatusActive
Listing BrokerRE/MAX Crest Realty

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
1 event on record for this property

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Market Overview

Dunbar · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes134
Median Asking Price $ 3,050,000 $ 4,280,000
Median Price per SqFt $1,221 $1,142
Median Days on Market 79
Sold Properties Aug 2026Jul 2026Aug 2025
All Homes 1 ▼95.7% 2 23
Median Selling Price $ 2,900,000 ▲11.5% $ 3,109,000 $ 2,600,000
Median Price per SqFt $2,037 ▲61.0% $1,226 $1,265
Median Days on Market 139515
Median Discount Off Ask 3.3%3.7%4.8%
New Listings 14295
Months of Inventory 24.4

At the current sales pace, it would take about 24 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.

Dunbar: Number of Sales

Dunbar: Median Sold Price

Dunbar: Median Sold Price per SqFt

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