2240 E 40th Ave Fiveplex
2240 E 40th Ave, Kensington-Cedar Cottage, Vancouver
$1,250,000
From
5
Homes
Spring 2026
Move In
$985
Per Sqft
2240 E 40th Ave Fiveplex
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.
What Makes This Home Special
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)
See It for Yourself
Find Your Unit
Unit 1
availableTownhouse + Nanny Suite
4
Beds
4
Baths
1,518
Sqft
$1,475,000
Unit 2
soldTownhouse
3
Beds
3
Baths
1,376
Sqft
Unit 3
availableTownhouse + Rec Room
3
Beds
4
Baths
1,376
Sqft
$1,355,000
Unit 4
soldTownhouse
3
Beds
3
Baths
1,376
Sqft
Unit 5
availableTownhouse
3
Beds
3
Baths
1,127
Sqft
$1,250,000
Deposit Structure
Upon signing
8% of purchase price (limited-time lower deposit promotion)
Project Timeline
Development Permit Submitted
completedNovember 30, 2023
Development permit application submitted to City of Vancouver
Development Permit Issued
completedNovember 29, 2024
Development permit issued by City of Vancouver
Building Permit BP-2024-01996
completed2024
Building permit issued for fiveplex construction
Building Permit BP-2024-01997
completed2024
Additional building permit issued
Construction Started
completedJanuary 2025
Construction began on 5 detached townhomes
Sales Launch
completedSeptember 27, 2025
Sales started via Oakwyn Realty Ltd.
Estimated Completion
upcomingSpring 2026
Scheduled completion and move-in
Built for the Future
- Heat pump heating and cooling
- Triple-glazed windows
- Heat recovery ventilation (HRV)
- Master ensuite underfloor heating
Who Built This
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.
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.
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