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$409,000

8 2255 W 40TH AVENUE

Vancouver · MLS® R3116928

1 bed · 1 bath · 748 sq ft · 0 parking

Condo · Single Family · built 1951 · 161 days on market

Listed by Keith Roy, RE/MAX Select Realty

Top-floor living in Kerrisdale! This tastefully renovated 1-bedroom co-op at The Darrell offers a bright, airy interior with a well-designed layout. The kitchen and bathroom have both been thoughtfully updated, featuring quartz countertops and modern appliances in the kitchen. The spacious bedroom includes a large walk-in closet, complemented by additional storage and a separate locker. Enjoy a quiet cul-de-sac setting with access to a shared garden. This well-managed building offers key upgrades and monthly fees that include a portion of property taxes. Adult-oriented (35+), no rentals, one cat permitted, walk-up building, shared laundry. Walk to shops, cafés, parks, transit, and the community centre. Move-in ready!

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 748 sq ft
Parking: 0
Year built: 1951
Strata fee: $413 / mo ($0.55 / sq ft)
Strata rules: Adult Oriented, Pets Allowed With Restrictions
Days on market: 161
MLS®: R3116928

Price per sq ft: $547 vs $1,020 median for condos in Vancouver for sale (2066)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Central location
Adult Oriented
Pets Allowed With Restrictions
Refrigerator
Dishwasher
Stove

On market 161 days

Listed now: 41 days; median for 2066 condos for sale; this one 161 days

Condos in Vancouver. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Vancouver School Board

Elementary Quilchena Elementaryhomes in this catchment
500 m away · 5300 Maple St, Vancouver · 604-713-5420
Secondary Point Grey Secondaryhomes in this catchment
400 m away · 5350 East Blvd, Vancouver · 604-713-8220

From the Vancouver School Board's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

$2,195/mo

Mortgage $1,782 · Strata $413

20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.

estimated payment

$1,782/ monthly

loan $327,200

25-year amortization

down payment20% · $81,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $207,392
property transfer tax: $6,180; BC general rate
cash to close: $87,980; down + PTT
total paid: $534,592

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $1,905/mo
After all costs: −$477/mo
Cap rate: 3.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,782 · strata $413 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-bedroom in Westside/Kerrisdale, Vancouver (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Vancouver also charges an empty homes tax. vancouver.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

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