2412 E 40th Avenue — Vancouver East


$ 2,198,000 FOR SALE MLS# R3166447
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A well-kept family home in the heart of Norquay Village, offering over 2,600 sq.ft. of living space on a 50'x 140' flat lot! The interior has been carefully maintained, giving buyers the opportunity to move in, renovate over time, or create something of their own. A functional layout with generous room sizes provides plenty of flexibility for growing families. Conveniently located near Cunningham Elementary, Gladstone Secondary, parks, shopping, restaurants and everyday amenities, with easy access to Kingsway, 41st Avenue, transit and SkyTrain. A solid home in a central East Vancouver neighbourhood with long-term potential,
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms4
Bathrooms3
Living Area2,675 sqft
Lot Area7,000 sqft
Property TypeResidential – Single Family Residence
MLS® R3166447
StatusActive
Listing BrokerTRG The Residential Group Realty

Property History

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

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Market Overview

Collingwood VE · Vancouver East · All Homes

Active PropertiesAll ActiveThis Property
All Homes264
Median Asking Price $ 898,500 $ 2,198,000
Median Price per SqFt $877 $822
Median Days on Market 71
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 13 ▼27.8% 20 18
Median Selling Price $ 580,000 ▲5.6% $ 605,944 $ 549,000
Median Price per SqFt $746 ▼14.1% $740 $868
Median Days on Market 152532
Median Discount Off Ask 3.2%3.4%3.9%
New Listings 376126
Months of Inventory 9.8

At the current sales pace, it would take about 10 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.