Home valueRiley Park › 240 40th Ave E

240 40th Ave E, Vancouver V5W 1L8

FreeholdR1-1Built 1956
Estimated value
$2,050,000
Range $1.93M – $2.17M
2026 assessed$1,892,000
2025 assessed$1,993,200
Change-5.1%
Market factor×1.08

Estimate = 2026 assessed value × the median list-price/assessment ratio of 77 demo listings in Riley Park 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$1,865,000
Improvements$27,000
Land share99%
2026 tax levy$8,993
ZoningR1-1 Residential Inclusive
NeighbourhoodRiley Park
PID014-808-196

Comparable properties on the roll

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

Address2026 assessed2025Built
226 40th Ave E$1,916,700$2,023,2001962
256 40th Ave E$1,917,500$2,020,0001958
219 Woodstock Ave E$1,993,600$2,106,7001949
5625 Sophia St$1,897,500$1,997,1001957
302 40th Ave E$1,953,900$2,066,1001945
304 40th Ave E$1,976,500$2,089,7001959
250 Woodstock Ave E$1,370,700$1,477,1001957
305 Woodstock Ave E$1,926,100$2,027,0001955