1239 W 40th Avenue — Vancouver West


$ 7,390,000 FOR SALE MLS# R3151385
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Situated in prestigious Shaughnessy, this striking 2021 custom-built contemporary residence was designed by renowned Vancouver architect Loy Leyland and crafted as the builder's own home with uncompromising standards. Offering 5,920 SQFT of refined living space, the home features soaring 11' ceilings on the main and lower levels and 9' above, creating grand scale and natural light. Premium European finishes define the interior, including solid hardwood flooring, large-format marble slabs, and imported custom cabinetry. The chef's kitchen is equipped with top-tier Gaggenau and Miele appliances. German-engineered glazing enhances both performance and architectural presence. Fully integrated smart home control for lighting, motorized curtains, and security gate. Rare four-car garage.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms5
Bathrooms7
Living Area5,920 sqft
Lot Area8,418 sqft
Property TypeResidential – Single Family Residence
MLS® R3151385
StatusActive
Price Change↓ Price Reduced
Listing BrokerRoyal Pacific Realty (Kingsway) Ltd.

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

Shaughnessy · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes101
Median Asking Price $ 4,900,000 $ 7,390,000
Median Price per SqFt $1,171 $1,248
Median Days on Market 78
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 1 6 1
Median Selling Price $ 3,800,000 ▼16.6% $ 4,994,000 $ 4,555,000
Median Price per SqFt $743 ▼44.3% $978 $1,334
Median Days on Market 1258091
Median Discount Off Ask 35.4%14.6%8.9%
New Listings 5218
Months of Inventory 15.5

At the current sales pace, it would take about 16 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.

Shaughnessy: Number of Sales

Shaughnessy: Median Sold Price

Shaughnessy: Median Sold Price per SqFt

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