2381 E 40th Avenue — Vancouver East


$ 2,688,000 FOR SALE MLS# R3150632
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Welcome to this beautiful custom built 3 level home on a 50 x 140sf lot. This 4794sf home situated in a quiet street in the highly sought-after Killarney area! This home offers a functional layout w/ 9ft ceiling on main and 2nd floor, a bright kitchen and plenty of natural light throughout. Featuring 4 bedrooms on the top floor w/ ensuites, 1 bedroom plus office on main and a fully renovated 2 bed unit in the basement. Bonus: a large balcony across the top floor bedrooms looking at north shore mountains, a fully fenced yard with an entertainment sundeck w/ built-in seatings, a private theatre room w/ wet bar in basement and large 3 car garage. Located near schools, parks, shopping and restaurants. School Catchment Cunningham Elem, Killarney Secondary. OPEN HOUSE AUG 8-9TH, 1-3PM!!
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms7
Bathrooms7
Living Area4,794 sqft
Lot Area7,000 sqft
Property TypeResidential – Single Family Residence
MLS® R3150632
StatusActive
Listing Broker1NE Collective Realty Inc.

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

Collingwood VE · Vancouver East · All Homes

Active PropertiesAll ActiveThis Property
All Homes239
Median Asking Price $ 898,000 $ 2,688,000
Median Price per SqFt $889 $561
Median Days on Market 58
Sold Properties Aug 2026Jul 2026Aug 2025
All Homes 0 ▼100.0% 3 22
Median Selling Price ▼100.0% $ 749,800 $ 835,000
Median Price per SqFt ▼100.0% $771 $877
Median Days on Market 618
Median Discount Off Ask 0.8%2.6%
New Listings 42578
Months of Inventory 17.7

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.

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.