Home valueKensington-Cedar Cottage › 2240 40th Ave E

2240 40th Ave E, Vancouver V5P 1J5

FreeholdR1-1Built 1951
Estimated value
$2,971,000
Range $2.79M – $3.15M
2026 assessed$2,795,000
2025 assessed$2,238,600
Change+24.9%
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$2,098,000
Improvements$697,000
Land share75%
2026 tax levy$12,571
ZoningR1-1 Residential Inclusive
NeighbourhoodKensington-Cedar Cottage
PID010-729-143

Comparable properties on the roll

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

Address2026 assessed2025Built
2246 40th Ave E$1,982,400$2,089,4001946
2229 40th Ave E$1,965,200$2,067,6001946
2276 40th Ave E$1,965,600$2,066,9001946
2280 40th Ave E$1,964,000$2,065,1001944
2275 40th Ave E$2,570,000$2,116,5001947
2284 40th Ave E$2,053,200$2,157,1001945
2242 39th Ave E$1,980,800$2,083,3001961
2232 39th Ave E$1,977,700$2,084,1001962