Quintet | 2240 E 40th Ave Fiveplex
Address: 2240 E 40th Ave, Vancouver, BC
No strata fees for two years
Worth up to $14,000 on every home at Quintet.
Fiveplex
Type
5
Units
3-4
Bedrooms
3-4
Bathrooms
973 - 1,515
Sq Ft
$883
$/sqft
Quintet is a collection of five townhomes at 2240 E 40th Ave in Kensington-Cedar Cottage, East Vancouver, a short walk from Victoria Drive. Each home has its own front door, a fenced yard with a patio, and two or three floors of living space with three or four bedrooms. Four of the five homes include a suite on the ground floor with its own entrance and bathroom, which suits a parent, an adult child or a nanny. Interiors by West One Design blend Japanese and Scandinavian style, with Bosch kitchen appliances, Silestone quartz counters, triple-glazed windows, wool carpet in the bedrooms and a heated floor in the primary ensuite. Every home has a heat pump for heating and cooling, and homes 1 to 4 come with a parking stall and an EV charger. The developer is THT Properties Ltd. The homes were built by Costar Construction, whose It Takes Two project won the 2024 Georgie Award for Best Multiplex Home. Prices start at $950,000, and move-in is expected in November 2026.
Unit Mix & Pricing
| Unit | Bed | Bath | Sqft | Price | Status | Listing |
|---|---|---|---|---|---|---|
| Unit 1 (Armstrong) | 4 | 4 | 1,515 | $1,248,000 | Available | MLS® #R3170027eXp Realty |
| Unit 2 (Ellington) | 4 | 3.5 | 1,515 | Enquire | Available | |
| Unit 3 (Davis) | 3 | 3.5 | 1,380 | Enquire | Available | |
| Unit 4 (Coltrane) | 3 | 4 | 1,380 | $1,218,000 | Available | MLS® #R3170109eXp Realty |
| Unit 5 (Fitzgerald) | 3 | 3 | 973 | $950,000 | Available | MLS® #R3169991eXp Realty |
Features & Finishes
The Five Homes
Three plans, each named after a jazz musician. Units 2 and 4 are mirror images of Units 1 and 3.
| Home | Plan | Layout | Floors | Suite | Parking | Price | Strata fee | Status |
|---|---|---|---|---|---|---|---|---|
| Unit 1 | Armstrong | 4 bed + rec, 3.5 bath, 1,515 sq ft | 3 (499 lower, 499 main, 517 upper) | 1-bedroom suite | 1 stall + EV | $1,248,000 | $576.26/mo | Available |
| Unit 2 | Ellington | 4 bed + rec, 3.5 bath, 1,515 sq ft | 3 (499 lower, 499 main, 517 upper) | 1-bedroom suite | 1 stall + EV | Enquire | $576.26/mo | |
| Unit 3 | Davis | 3 bed + rec, 3.5 bath, 1,380 sq ft | 3 (410 lower, 463 main, 507 upper) | Studio suite | 1 stall + EV | Enquire | $520.76/mo | |
| Unit 4 | Coltrane | 3 bed + rec, 3.5 bath, 1,380 sq ft | 3 (410 lower, 463 main, 507 upper) | Studio suite | 1 stall + EV | $1,218,000 | $520.76/mo | Available |
| Unit 5 | Fitzgerald | 3 bed, 2.5 bath, 973 sq ft | 2 (393 main, 580 upper) | None | Street | $950,000 | $354.29/mo | Available |
No strata fees for two years, worth up to $14,000
A credit equal to two years of strata fees is applied on the statement of adjustments.
Floor Plans
The Suite Downstairs
Units 1 and 2 have a one-bedroom suite on the lower floor. Units 3 and 4 have a studio. Each suite has its own entrance off the porch and a full bathroom, and a door closes it off from the rest of the home. The one-bedroom suites also have a wet bar. A parent lives one floor down with privacy and is still at the dinner table without leaving the building. Until then it is an office, a teenager's floor or a guest room.
Unit 5, the Fitzgerald plan, has no suite. It is a three-bedroom home over two floors with a balcony, a patio and a yard, and it is the lowest-priced of the five.
Finishes, Room by Room
From the developer's feature sheet. You choose one of two colour schemes: Tempo (light, white and oak-toned cabinetry) or Bass (dark, white and walnut-toned cabinetry).
Kitchen
- Bosch integrated fridge, gas range and dishwasher behind matching panels
- Silestone quartz counter and backsplash
- Kohler matte black sink and pull-down faucet
- Peninsula with seating
Living and dining
- Entertainment unit with a Dekton stone wall and LED lighting
- 7-inch wide-plank oak-look vinyl floor
- Triple-glazed windows with roller blinds
- Step lights on the stairs
Bedrooms
- 100% wool carpet
- Custom closet organizers
- Primary ensuite with a walk-in shower and heated floor
Bathrooms
- Dekton stone counters and shower base
- Riobel fixtures in matte black
- Soaker tub in the main bathroom
- Mirrored medicine cabinets
Laundry and utility
- LG front-loading washer and dryer tower
- Heat pump heating and cooling
- Flood detection with automatic shut-off
Outside
- Fenced yard with a patio and covered porch
- Parking stall with an EV charger (homes 1 to 4)
- Shared bike room
Show Home Walkthrough
The developer's 68-second walkthrough of the finished show home in Unit 2, from the street to the suite. Tap to play with sound.
The show home opened in July 2026. Ask us for a visit, or see the full Explore page.
How Ownership Works
A managed strata
You own your home and share the walkway, landscaping and the outside of the buildings with the other four owners through Strata Plan VAP7098. A management company runs the budget, bylaws, annual meeting and the reserve fund for future repairs. The developer says Fort Park Property Management will be that company. Pet and rental rules were not in the sales package; ask us and we will get them from the bylaws.
Warranty
The 2-5-10 home warranty: two years on labour and materials, five years on the outside of the building including water getting in, ten years on the structure. The developer adds a five-year extended warranty on the kitchen appliances, washer and dryer. Full terms are given to buyers before signing.
- Developer
- THT Properties Ltd.
- Built by
- Costar Construction
- Architecture
- Lineform Architecture Inc.
- Interiors
- West One Design
- Sales
Developer as named in the disclosure statement dated May 7, 2025. Costar Construction's It Takes Two project won the 2024 Georgie Award for Best Multiplex Home, per the CHBA BC winners list.
Around the Neighbourhood
The 31 places on the developer's neighbourhood map. Victoria Drive, with its grocery stores and restaurants, is a few blocks west; Kensington Park and its outdoor pool are a longer walk the same way.
Transit
- 29th Avenue SkyTrain station
- Nanaimo SkyTrain station
Shopping
- Victoria Square Shopping Center
- 88 Supermarket
- T&T Supermarket
- Save-On-Foods
Parks and community
- Jones Park
- Earles Park
- Tecumseh Park
- Kensington Park
- Kensington Community Centre
- Kensington Pool
- Vancouver Public Library
- Victoria Drive Community Hall
- Killarney Community Centre
- South Vancouver Neighbourhood House
Schools and daycare
- Cunningham Elementary School
- Gladstone Secondary School
- Waverley Elementary School
- Dr. George M. Weir Elementary School
- Killarney Secondary School
- Le Soleil Montessori Infant Community
- Twinkle Stars Montessori Preschool and Daycare
- Terry Tayler Early Learning and Care Centre
- Sarah House Child Care Centre
- Cedar Cottage Neighbourhood House
Food and entertainment
- Bun Cha Ca Hoang Yen
- Western Lake Chinese Seafood Restaurant
- Starbucks
- Marstin Billiards and Snooker Club
- Equinox Gallery
Documents
Sustainability & Energy
Deposit Structure
1st Deposit
5% of purchase price within 7 days of acceptance. All deposits payable via bank draft to Collingwood Law Office in Trust.
Neighbourhood
91
Walk Score
68
Transit Score
69
Bike Score
Developer
THT Properties Ltd.
THT Properties Ltd. is the developer of Quintet, five townhomes at 2240 E 40th Ave in East Vancouver, and is named as the developer in the project's disclosure statement dated May 7, 2025. By its own account the company has more than 17 years of experience in BC and a track record in multi-home projects; we have not verified those figures. Costar Construction built Quintet.
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.
Construction Timeline
Construction Timeline
Five townhomes on one lot in Kensington-Cedar Cottage
Filed by THT Properties Ltd.
Sales opened.
A finished home open for viewing
Expected completion, confirmed by the sales team in September 2026
Frequently Asked Questions
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Quintet | 2240 E 40th Ave Fiveplex
$950K - $1.2M