Home valueKensington-Cedar Cottage › 1087 40th Ave E

1087 40th Ave E, Vancouver V5W 1M5

FreeholdR1-1Built 1959
Estimated value
$2,207,000
Range $2.07M – $2.34M
2026 assessed$2,076,000
2025 assessed$1,962,000
Change+5.8%
Market factor×1.06

Estimate = 2026 assessed value × the median list-price/assessment ratio of 133 demo listings in Kensington-Cedar Cottage for this property type. Assessments reflect July 1, 2025 values; the demo listings are synthetic. Treat this as a first read, not an appraisal.

Assessment detail

Land$1,714,000
Improvements$362,000
Land share83%
2026 tax levy$7,576
ZoningR1-1 Residential Inclusive
NeighbourhoodKensington-Cedar Cottage
PID014-814-749

Comparable properties on the roll

Same neighbourhood, zoning and tenure, assessed within ±30%, built within 15 years, nearest first.

Address2026 assessed2025Built
5555 Ross St$1,986,000$2,078,0001967
1088 40th Ave E$1,761,700$1,854,8001962
5631 Ross St$1,907,500$1,997,0001962
5608 Ross St$2,209,500$2,284,2001944
5644 Ross St$1,762,300$1,819,6001968
1026 39th Ave E$1,792,000$1,881,5001960
5559 Sherbrooke St$1,837,000$1,895,0001970
1019 40th Ave E$1,816,500$1,902,5001971