Quick Summary

Location: 231 E 40TH AVENUE, Vancouver, British Columbia V5W1L7
Price: $2,438,800 CAD
Status:: For Sale
Property Type:: Single Family
Area:: 2623 sqft
Bedrooms:: 5
Bathrooms:: 3
Year of Construction:: 2016

MLS®#R3072565

Property Description

A rare Riley Park gem, offered nearly $150,000 below BC Assessment. This cherished 5bed+Den, 3bath, 2 kitchen, 2623sf home with wood fireplace sits on a perfectly sized 45'by125' lot of 5630sf, where you are truly buying land value with a great home as a bonus. Zoning allows for a higher density multiplex development, offering an excellent opportunity for both developers or families looking to build their dream home. Move in & enjoy its warmth, renovate & modernize, or design your future home with laneway potential. Features include: basement suite, double car garage, rare old growth oak floors, & mature gardens with rare plantings. Updates: new garage&deck, renovated kitchen, updated bathrooms & PEXpiping, plus renewed front porch. A vibrant, walkable South Main lifestyle right at your doorstep. (id:32467)

Property Features

Ammenities Near By

Ammenities Near By: Recreation, Shopping

Building

Amenities: Guest Suite, Laundry - In Suite
Architectural Style: 2 Level
Basement Development: Finished
Basement Features: Unknown
Basement Type: Unknown (Finished)
Construction Style: Detached
Fireplace: Yes
Interior Size: 2623 sqft
Building Type: House

Features

Feature: Central location

Land

Land Size: 5630 sqft

Ownership

Type: Freehold

Storage Type

Storage Type: Storage Shed

Structure

Structure: Greenhouse

Information entered by Engel & Volkers Vancouver
Listing information last updated on: 2025-12-06 04:51:19

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How much could you save in commission selling with One Percent Realty?

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$500,000

Your One Percent Realty Commission savings^†

$500,000

^† Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.

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One Percent Realty's top FAQs

What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

What do you charge?

We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.

Are your listings on MLS® and realtor.ca?

Yes, and yes.

Learn more about the One Percent Realty Deal

231 E 40TH AVENUE, Vancouver

Quick Summary

MLS®#R3072565

Property Description