2 2342 E 40th Avenue — Vancouver East


$ 2,080 FOR RENT MLS# R2973734
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This is a brand new, spacious, 583sf, 2 bedrooms, 1 bathroom, basement suite has radiant floor heating and light, wide-plank, laminate floors throughout. The functional layout wastes no space at all. Down the concrete stairs you enter the suite from the patio. The open living-dining room has lots of pot lights, large windows, a large closet and enough space for a dining set for two. The kitchen comes with one row of white cabinets and stainless steel fridge and range. The two bedrooms are tucked away towards the back of the suite. The 4 pc bathroom comes with engineered stone countertop, an under-mount sink, a white vanity and a soaker tub with glass shower enclosures. In the living room laundry closet is a set of stacked full size washer and dryer.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms2
Bathrooms1
Living Area583 sqft
Property TypeResidential Lease – Single Family Residence
MLS® R2973734
StatusRented
Listing BrokerSunstar Realty Ltd.

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 Homes266
Median Asking Price $ 893,500 $ 2,080
Median Price per SqFt $873 $4
Median Days on Market 69
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 1 ▼94.4% 20 18
Median Selling Price $ 488,200 ▼11.1% $ 605,944 $ 549,000
Median Price per SqFt $722 ▼16.8% $740 $868
Median Days on Market 102532
Median Discount Off Ask 2.4%3.4%3.9%
New Listings 46427
Months of Inventory 9.9

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.