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 BED; 8 BATH; & 3 KITCHENS! Features : A/C & HRV, H/W on-demand, radiant heat, modern neutral tone finishings throughout, high ceilings, MAIN Floor Bedrm w/ Full Bath, gourmet kitchen, s/s appliance set, ABOVE 4 Bed 3 Bath, City & Mountain VIEW Master Bedrm, w/i closet w/ luxurious 5p Ensuite, Jack&Jill Ensuite, BSMT 2 Bed 1 Bath Rental Suite, plus Potential 1 Bed 1 Bath Suite w/ 2 separate independent entry, 2 Bed 2 Bath LANEWAY HOUSE, Single Garage + Tandem 2 Parking Gated Carpad. Cunningham Elementary & Gladstone Secondary school catchmt. Victoria Dr restaurants, banks, & healthcare. **Showing by Appointment Only : Saturday Oct 10, 12:30 to 2:00PM**
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
StatusActive
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 Homes92
Median Asking Price $ 1,498,000 $ 2,780,000
Median Price per SqFt $868 $724
Median Days on Market 42
Sold Properties Oct 2026Sep 2026Oct 2025
All Homes 3 ▼62.5% 10 8
Median Selling Price $ 1,435,000 ▲53.9% $ 1,237,500 $ 932,500
Median Price per SqFt $766 ▼18.9% $808 $945
Median Days on Market 181736
Median Discount Off Ask 4.2%3.5%0.9%
New Listings 16335
Months of Inventory 8.5

At the current sales pace, it would take about 9 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.

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.