2177 E 40th Avenue — Vancouver East


$ 2,780,000 FOR SALE MLS# R3110502
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FIRST Owner; EXECUTIVE Family Home w/ LANEWAY on quiet tree-lined Victoria Drive neighbourhood. Expansive 33 x 140 ; 4,620 SF LOT. Deluxe 10 Bedroom; 8 Bathroom; & 3 Kitchens! Features : A/C & HRV, H/W on-demand, radiant heat, modern neutral tone finishings throughout, high ceilings, gourmet kitchen, stainless-steel appliance set, Above 4 Bed 3 Bath, City & Mountain VIEW Master Bedroom, walk-in closet with luxurious 5 piece Ensuite, Jack & Jill Ensuite, Basement 2 Bed 1 Bath Rental Suite, plus Potential 1 Bed 1 Bath Suite with 2 separate entry, LANEWAY HOUSE, Single Garage and Gated Carpad. Victoria Drive restaurants, banking, & healthcare. Showing by Appointment.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms10
Bathrooms8
Living Area3,838 sqft
Lot Area4,620 sqft
Property TypeResidential – Single Family Residence
StyleLaneway House
MLS® R3110502
StatusPending
Price Change↓ Price Reduced
Listing BrokerSutton Group-West Coast Realty

Property History

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

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Market Overview

Victoria VE · Vancouver East · All Homes

Active PropertiesAll ActiveThis Property
All Homes84
Median Asking Price $ 1,429,350 $ 2,780,000
Median Price per SqFt $879 $724
Median Days on Market 46
Sold Properties Nov 2026Oct 2026Nov 2025
All Homes 2 ▼86.7% 15 15
Median Selling Price $ 2,309,500 ▲47.6% $ 1,435,000 $ 1,565,000
Median Price per SqFt $863 ▼0.6% $766 $868
Median Days on Market 532119
Median Discount Off Ask 7.7%3.8%2.4%
New Listings 62713
Months of Inventory 7.1

At the current sales pace, it would take about 7 months to sell all the homes currently for sale here — a Balanced market.

SELLER'S
BALANCED
BUYER'S

Homes for sale and active buyers are fairly evenly matched, so neither side has a clear advantage.

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.

Victoria VE: Number of Sales

Victoria VE: Median Sold Price

Victoria VE: Median Sold Price per SqFt

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