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Investment signal

$1,649,000

1 312 E 40TH AVENUE

Save this home

Beds

3

Baths

4

Sqft

Year

2024

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Vancouver. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Stunning brand-new front duplex in the sought-after Main Street neighbourhood. This beautifully crafted three-level home offers 3 bedrooms and 3.5 bathrooms with a thoughtful & functional layout and it features A/C, radiant floor heating, HVAC system, gas fireplace and more. The main floor offers an open-concept kitchen with premium Fisher & Paykel appliances, a dedicated dining area, and 10´ ceilings. Upstairs has two spacious bedrooms, each with its own elegantly designed modern ensuite bathroom and the topper floor is dedicated to a private bedroom with an ensuite and a balcony showcasing mountain views. A highly convenient location close to shopping, schools, parks, transit, restaurants, and more. School catchment: Henderson Elementary and John Oliver Secondary. CALL TODAY FOR SHOWING! (id:65958)

Subtype
Single Family
Structure
Duplex
Common interest
Condo/Strata
Living area
1,606 square feet
Lot dimensions
33 x 125
Parking
1 total
Condo/HOA fee
$0 monthly
On market
Apr 13, 2026
Status changed
Apr 27, 2026
Annual tax
$6,298.6 (2025)
Photos
33
MLS#
R3110717
Area
VANCOUVER

Features and systems

Parking

Garage

Appliances

All

Heating

Radiant heatNatural gas

Cooling

Air Conditioned

Lot

Central location

Security

Smoke DetectorsSprinkler System-Fire
Negative cash flow ~$1,744/mo at these assumptions

Cash on cash

-6.34%

Cap rate

3.60%

GRM

16.7

Break-even rent

$10,086

Financing

Down payment$329,800
Loan amount$1,319,200
Mortgage$6,684/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$756
Insurance$80
Maintenance$1,374
CapEx reserve$687
Vacancy loss$413

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $6,684/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.

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