1 356 E 40th Avenue — Vancouver East


$ 1,949,900 FOR SALE MLS# R3118383
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Discover this exceptional, brand-new 3 bed, 3 bath home with a large bonus top floor lounge room, crafted by the multi-award-winning design-build firm, VictorEric. Custom-milled for modern living, it features an airy open-concept layout and a beautifully appointed kitchen with premium integrated appliances. Expansive north-facing windows fill the space with natural light, creating seamless indoor-outdoor living for effortless entertaining. Upstairs, well-proportioned bedrooms offer comfort and privacy, complemented by two elegantly finished bathrooms, including the spa-like ensuite. Enjoy elevated West Side living steps to Main Street, boutique shops, cafes, restaurants, QE Park, Oakridge, and the Canada Line.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms4
Bathrooms3
Living Area1,571 sqft
Property TypeResidential – Half Duplex
Style3 Storey
MLS® R3118383
StatusActive
Listing BrokerEngel & Volkers Vancouver

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
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

Main · Vancouver East · Townhomes & Attached

Active PropertiesAll ActiveThis Property
Townhomes & Attached35
Median Asking Price $ 1,798,000 $ 1,949,900
Median Price per SqFt $1,147 $1,241
Median Days on Market 50
Sold Properties Sep 2026Aug 2026Sep 2025
Townhomes & Attached 1 ▼75.0% 6 4
Median Selling Price $ 2,798,000 ▲30.0% $ 1,602,500 $ 2,153,072
Median Price per SqFt $1,356 ▲18.5% $1,136 $1,144
Median Days on Market 542517
Median Discount Off Ask 1.8%2.2%4.0%
New Listings 1134
Months of Inventory 9.1

At the current sales pace, it would take about 9 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.

Main: Number of Sales

Main: Median Sold Price

Main: Median Sold Price per SqFt

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