1450 W 40TH AVENUE, Vancouver
$3,888,888
This 8,458 sqft property in Vancouver is a detached single-family home on a lot the new rules make suitable for a multiplex. In Vancouver, most single-family lots fall under the R1-1 zone, which allows a multiplex of up to six units on many lots, and more on larger or corner sites. The final count depends on lot area, frontage, and whether you keep any existing character home, so each lot should be checked against the city's rules.
This charming Shaughnessy home embodies traditional family living, with updates & additions throughout the years enhancing its timeless appeal. Set on a generous 58.33 x 145 lot, it preserves its original elegance while incorporating modern comforts. The open-concept main floor is ideal for family gatherings, featuring spacious living/dining/office/family rooms. Upstairs offers 4 large bedrooms, including an oversized primary suite perfect for growing families. The lower level includes a games room, bedroom, and 2-car attached garage. The large backyard, W/an outdoor pool, is perfect for family fun and summer activities. Centrally located, the home is minutes from Vancouver's top schools, Kerrisdale and Oakridge shopping, and offers easy access to Downtown, Richmond, UBC, and the airport.
How this price compares
This lot asks $460 per square foot of lot. That is 3% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 399 of 758 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $3,888,888
- Lot size
- 8,458 sqft
- Lot dimensions
- 58.33 x 145
- Frontage
- 58.33 ft
- Bedrooms
- 5
- Bathrooms
- 4
- Year built
- 1927
- Zoning
- R1-1
- MLS® area
- Shaughnessy
- MLS® number
- R3091671
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.