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Near CompletionEst. Spring 20263 units available

2240 E 40th Ave Fiveplex

Units

3 - 4

Bedrooms

3 - 4

Bathrooms

1,127 - 1,518

Sq Ft

$985

$/sqft

Quintet is a boutique collection of five modern detached townhomes at 2240 E 40th Ave in Vancouver's Kensington-Cedar Cottage neighbourhood, built by Costar Construction — 2024 Georgie Award Winner for Best Multiplex. These 2-3 storey homes feature Japan/Scandinavian-inspired interiors by West One Design, with premium Cosentino quartz counters, luxury oak-grain waterproof vinyl flooring, custom millwork, bespoke TV entertainment units, oversized triple-glazed windows, stairway step lights, master ensuite underfloor heating, and integrated Bosch appliances. Select units include private lock-off nanny or in-law suites with separate entrance, ensuite, laundry, and wet bar/kitchen.

Explore this propertyPhotos, neighbourhood details and more

Unit Mix & Pricing

Unit	Bed	Bath	Sqft	Price	Status
Unit 1	4	4	1,518	$1,475,000	available
Unit 2	3	3	1,376	—	sold
Unit 3	3	4	1,376	$1,355,000	available
Unit 4	3	3	1,376	—	sold
Unit 5	3	3	1,127	$1,250,000	available

Construction Timeline

Development Permit SubmittedNovember 30, 2023

Development permit application submitted to City of Vancouver

Development Permit IssuedNovember 29, 2024

Development permit issued by City of Vancouver

Building Permit BP-2024-019962024

Building permit issued for fiveplex construction

Building Permit BP-2024-019972024

Additional building permit issued

Construction StartedJanuary 2025

Construction began on 5 detached townhomes

Sales LaunchSeptember 27, 2025

Sales started via Oakwyn Realty Ltd.

Estimated CompletionSpring 2026

Scheduled completion and move-in

Features & Finishes

Japan/Scandinavian-inspired interiors by West One Design Inc.

Premium Cosentino quartz countertops imported from Spain

Luxury oak-grain waterproof vinyl flooring

Custom millwork and bespoke TV entertainment unit

Built-in LED lighting above TV entertainment unit

Oversized triple-glazed windows

Stair step lighting on staircases

DITRA-HEAT in-floor heating in primary ensuite

Integrated Bosch appliances

Central air conditioning with heat pump

Heat recovery ventilation (HRV)

Vaulted ceilings

In-unit full-size washer and dryer

Private lock-off nanny/in-law suite with separate entrance, ensuite, laundry, and wet bar/kitchen (select units)

Fenced garden space with patio

Bike room with charging

Pre-wired security and smart-home system

$40,000 decorating allowance (limited-time promotion)

Sustainability & Energy

Heat pump heating and cooling

Triple-glazed windows

Heat recovery ventilation (HRV)

Master ensuite underfloor heating

Deposit Structure

Upon signing

8% of purchase price (limited-time lower deposit promotion)

Neighbourhood

Walk Score

Transit Score

Bike Score

Eastbound E 41 Ave @ Gladstone St116m (2 min walk)

Joyce-Collingwood SkyTrain Station1597m (20 min walk)

Verified Listing Details

Property Type

Fiveplex

Listing Status

Active on MLS

MLS Number

R3050810, R3052742, R3070512

Brokerage

Oakwyn Realty Ltd.

Last Verified

Mar 25, 2026

View external listing source

Sources & Verification

Unit 1 MLS Listing (R3050810)Inhabit Vancouver / Oakwyn Realty
4bed/4bath, 1518sqft, $1,475,000. Strata fee $576.26/mo. GST included. 3 storeys.
Unit 3 MLS Listing (R3052742)Keith Bowker / Oakwyn Realty
3bed/4bath, 1376sqft, $1,355,000. Strata fee $520.76/mo. 3 storeys. Listed Sep 26, 2025.
Unit 5 MLS Listing (R3070512)Jen Harvey Realty / Oakwyn Realty
3bed/3bath, 1127sqft, $1,250,000. Strata fee $354.29/mo. 2 storeys. No GST.
Unit 3 eXp Realty ListingeXp Realty
Confirms 1376sqft, $984/sqft, rear access driveway, open parking. Listed 180 days.
WalkScore - 2240 E 40th AveWalk Score
Walk Score: 91, Transit Score: 68, Bike Score: 69. Kensington-Cedar Cottage.
Unit 5 Realtor.ca (R3052744 - original listing)Realtor.ca
Unit 5 originally listed as R3052744, relisted as R3070512.
Unit 1 Realtor.ca (R3050810)Realtor.ca
4bed/4bath, $1,475,000. Strata/Condo ownership type. Bus stop 116m away.

Developer

Costar Construction

Costar Construction is a Georgie Award-winning Vancouver builder with over 13 years of residential and commercial construction experience. Founded in 2018, the firm specializes in multiplex and duplex developments, custom homes, renovations, and commercial tenant improvements across Metro Vancouver. Their 2024 Georgie Award-winning project 'It Takes Two' recognized their excellence in multiplex construction. Costar is an active member of HAVAN and is committed to building responsible, inclusive multigenerational homes using gentle density principles.

8 years active

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Architect

Lineform Architecture Inc.

Lineform Architecture Inc. is a registered architectural firm based in Vancouver, BC, specializing in residential multiplex housing and sustainable design. Led by Principal Michael Lu (Architect AIBC, MRAIC, CPHD, LEED AP), the firm delivers full-service architecture from rezoning and planning through construction administration. Lineform has built a strong portfolio of duplexes, triplexes, multiplexes, townhouses, laneway homes, and net-zero residences across Vancouver and Burnaby, with deep expertise in navigating Vancouver's infill and small-scale multi-unit housing landscape. The firm is passionate about environmental stewardship and specializes in green-building design including Passive House and Net Zero Home standards.

10 years active

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