2705 E 40th Avenue — Vancouver East


$ 1,948,000 FOR SALE MLS# R2875796
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Welcome home! This impressive 4BED/4BATH Scandinavian style home offers an unparalleled level of comfort and design. You are greeted with an open concept layout, a stunning kitchen (including a wok/spice kitchen!) featuring a unique quartz backsplash & countertops, a large island with seating, not to mention the waterfall edge, creating a seamless flow. A luxurious Italian range hood by Faber is complemented with high end stainless steel appliances. The upper level consists of a beautiful primary bedroom with en-suite, 2 additional bedrooms, a bathroom & laundry. With its own private entrance and laundry, the legal one bedroom basement suite is a great mortgage helper! Fully equipped with AC/radiant heating. Located in the heart of Vancouver, with shops and schools a short walk away.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms4
Bathrooms4
Living Area2,174 sqft
Property TypeResidential – Half Duplex
MLS® R2875796
StatusTerminated
Listing BrokerRA Realty Alliance Inc.

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 · Townhomes & Attached

Active PropertiesAll ActiveThis Property
Townhomes & Attached84
Median Asking Price $ 1,393,500 $ 1,948,000
Median Price per SqFt $937 $896
Median Days on Market 632
Sold Properties Aug 2026Jul 2026Aug 2025
Townhomes & Attached 0 ▼100.0% 1 6
Median Selling Price ▼100.0% $ 842,000 $ 1,085,000
Median Price per SqFt ▼100.0% $829 $872
Median Days on Market 621
Median Discount Off Ask 0.8%3.9%
New Listings 9130
Months of Inventory 28.0

At the current sales pace, it would take about 28 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.

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.