2412 E 40th Avenue — Vancouver East


$ 2,198,000 FOR SALE MLS# R3166447
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A well-kept family home offering over 2,600 sq. ft. of living space on a 50' x 140' flat lot. Thoughtfully maintained over the years, this home offers the flexibility to move in and enjoy, renovate over time, or create something uniquely your own. The functional layout features generous room sizes and plenty of space for a growing family. The main level offers 3 bdrms, a bright & spacious kitchen, & an inviting living/dining area ideal for everyday living & entertaining. The entry level includes additional bedrooms, large family room with gas fireplace, 3 pce bathroom and french doors opening onto your SOUTH facing backyard. Ideal space for in-laws! A fantastic opportunity in a well-established neighbourhood with room to make the home your own.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms5
Bathrooms3
Living Area2,706 sqft
Lot Area7,000 sqft
Property TypeResidential – Single Family Residence
MLS® R3166447
StatusCancel Protected
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 Homes259
Median Asking Price $ 900,000 $ 2,198,000
Median Price per SqFt $876 $812
Median Days on Market 62
Sold Properties Oct 2026Sep 2026Oct 2025
All Homes 2 ▼91.7% 24 24
Median Selling Price $ 826,500 ▲40.7% $ 572,500 $ 587,250
Median Price per SqFt $912 ▼3.7% $778 $947
Median Days on Market 321928
Median Discount Off Ask 6.9%3.0%3.8%
New Listings 206826
Months of Inventory 9.6

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.