Kensington-Cedar Cottage, Vancouver

Quintet

Five townhomes on one East Vancouver lot, each with its own front door, its own yard, and room for two generations under one roof.

5
Homes
$950,000
From
November 2026
Move in
3–4
Bedrooms

A quintet is five musicians playing one piece. Here it is five homes on one lot, each named after a jazz great, each with its own entrance, and four of them with a suite downstairs for the people you want close.

Quintet sits on E 40th Avenue in Kensington-Cedar Cottage, a few blocks from the shops and restaurants of Victoria Drive. The show home is finished and open, and the photographs on this page are of it.

Quintet | 2240 E 40th Ave Fiveplex: aerial exterior view
Quintet | 2240 E 40th Ave Fiveplex: living and dining room
The five homes

Three plans, five homes, one lot

Units 1 and 2, the larger Armstrong and Ellington plans, stand side by side at the front on E 40th Avenue. Units 3 and 4, the Davis and Coltrane plans, sit side by side behind them. The two-floor Fitzgerald home stands on its own by the lane.

Ellington

Unit 2, the mirror of Armstrong

Enquire

Bed
4 + rec
Bath
3.5
Size
1,515 sq ft
  • 3 floors: 499 lower, 499 main, 517 upper (sq ft)
  • 1-bedroom suite on the lower floor
  • One stall with an EV charger
  • Strata fee $576.26 a month
See the Ellington floor plan

Davis

Unit 3, the mirror of Coltrane

Enquire

Bed
3 + rec
Bath
3.5
Size
1,380 sq ft
  • 3 floors: 410 lower, 463 main, 507 upper (sq ft)
  • Studio suite on the lower floor
  • One stall with an EV charger
  • Strata fee $520.76 a month
See the Davis floor plan

Prices from the developer's pricing sheet, confirmed by the sales team in September 2026. A home's status updates from its MLS® listing when one is active.

Floor plans

Every floor of every home

Each plan is drawn floor by floor with room sizes. The drawings are of Units 1, 4 and 5. Unit 2 is a mirror image of Unit 1, and Unit 3 is a mirror image of Unit 4. The lower floor of the three-floor plans is the suite: a bedroom or studio, a bathroom, and its own door off the entry porch.

Quintet floor plan, Armstrong and Ellington: 4 bedrooms, 3.5 bathrooms, 1,515 sq ft
Armstrong and Ellington: 4 bed + rec, 3.5 bath, 1,515 sq ft over 3 floors
Quintet floor plan, Davis and Coltrane: 3 bedrooms, 3.5 bathrooms, 1,380 sq ft
Davis and Coltrane: 3 bed + rec, 3.5 bath, 1,380 sq ft over 3 floors
Quintet floor plan, Fitzgerald: 3 bedrooms, 2.5 bathrooms, 973 sq ft
Fitzgerald: 3 bed, 2.5 bath, 973 sq ft over 2 floors

Want the full-size PDFs, with the measurement report for each plan? Enter your details once and they download.

Floor plan, Units 1 and 2
Measurement report, Units 1 and 2
Floor plan, Units 3 and 4

Unlock to access

The kitchen

Built around a peninsula

The kitchen opens onto the dining and living space, with a peninsula where kids do homework while dinner cooks. Appliances are Bosch and sit behind matching panels. You pick one of two colour schemes: Tempo, with white and oak-toned cabinets, or Bass, with white and walnut.

  • Bosch 36-inch integrated French-door fridge with a panel that matches the cabinets
  • Bosch 30-inch five-burner gas range with convection
  • Bosch integrated three-rack dishwasher
  • GE 30-inch custom insert hood fan and a Panasonic microwave with trim kit
  • Silestone quartz counter and backsplash by Cosentino
  • Kohler double-bowl sink and high-arc pull-down faucet in matte black
  • Peninsula with seating, so the kitchen is where people gather
  • Soft-close drawers with rounded, kid-friendly hardware
Quintet | 2240 E 40th Ave Fiveplex: kitchen appliance detail
Quintet | 2240 E 40th Ave Fiveplex: living and dining room
Living and bedrooms

Warm wood, stone and wool

West One Design drew on Japanese and Scandinavian rooms: pale oak floors, a stone wall behind the television, and bedrooms carpeted in wool so the upstairs stays quiet. The windows are triple-glazed, which keeps street noise out and heat in.

  • Built-in entertainment unit backed by a Dekton stone wall with LED lighting
  • Custom millwork on the staircase display shelves and in the closets
  • 7-inch wide-plank vinyl flooring in warm oak on the main floor
  • 100% wool carpet in every bedroom, which keeps the upper floor quiet
  • Oversized triple-glazed windows with roller blinds in each room
  • Step lights on every staircase for the middle of the night
  • LG front-loading washer and dryer tower
  • Flood detection that shuts the water off on its own
The bathrooms

Stone, matte black and a heated floor

Every bathroom uses the same palette: Dekton stone counters, terrazzo-look wall tile, and Riobel fixtures in matte black. The primary ensuite has a walk-in shower and a heated floor. The main bathroom keeps a soaker tub for small children.

  • Dekton stone counters, shower base and floor tile
  • Terrazzo-styled porcelain wall tile
  • Riobel fixtures in matte black, including the Coriolis toilet
  • Kohler sinks on floating vanities with soft-close double drawers
  • Heated floor in the primary ensuite
  • Walk-in shower in the ensuite, soaker tub in the main bathroom
  • Mirrored medicine cabinets in most bathrooms
  • Built-in shower shelves and an outlet under the vanity
Quintet | 2240 E 40th Ave Fiveplex: bathroom
Quintet | 2240 E 40th Ave Fiveplex: bathroom vanity detail
The suite downstairs

A parent one floor down, with their own front door

Units 1 and 2 have a one-bedroom suite on the lower floor. Units 3 and 4 have a studio. Each has its own entrance off the porch, a full bathroom, and a door that closes it off from the rest of the home. The one-bedroom suites also have a wet bar.

In our view this is the reason to look at Quintet over a townhouse of the same size. A parent can live downstairs with privacy and still be at Sunday dinner without leaving the building. If nobody needs it yet, it is a home office, a teenager's floor, or a guest room. The rec room and bathroom are there either way.

  • Armstrong (Unit 1): 1-bedroom suite on the lower floor
  • Ellington (Unit 2): 1-bedroom suite on the lower floor
  • Davis (Unit 3): Studio suite on the lower floor
  • Coltrane (Unit 4): Studio suite on the lower floor
Quintet | 2240 E 40th Ave Fiveplex: secondary suite living area
Quintet | 2240 E 40th Ave Fiveplex: secondary suite kitchenette
Quintet | 2240 E 40th Ave Fiveplex: secondary suite interior
Quintet | 2240 E 40th Ave Fiveplex: secondary suite bedroom
Walk through the show home

Sixty-eight seconds in the show home

The developer's walkthrough of the finished show home, from the street to the suite. Tap to play with sound. If you would rather see it in person, we can book you in.

What it costs

The price, the fee, and the deposit

Three things to budget for. The purchase price. The monthly strata fee, which pays for management, water, sewer, garbage and recycling pickup, and landscaping. And the deposit, which is held in trust by a law office until you complete.

HomePlanPriceStrata fee a month5% first deposit
Unit 1MLS® R3170027Listed by eXp RealtyArmstrong$1,248,000$576.26$62,400
Unit 2EllingtonEnquire$576.26
Unit 3DavisEnquire$520.76
Unit 4MLS® R3170109Listed by eXp RealtyColtrane$1,218,000$520.76$60,900
Unit 5MLS® R3169991Listed by eXp RealtyFitzgerald$950,000$354.29$47,500

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.

Paying for it

Two incomes, one mortgage, and a specialist who has done this before

Most Quintet buyers are two households pooling money: parents and an adult child, or two siblings. A joint mortgage lets both incomes count toward what you can borrow, and the down payment can come from more than one place, including savings, a gift from family, a first home savings account or a withdrawal under the Home Buyers' Plan.

The calculator gives you a first number. A mortgage specialist who works with multiplex homes gives you the real one: how a suite changes what a lender will approve, what a pre-sale completion date means for your rate hold, and which of the first-time buyer programs apply to each person on the title. We can introduce you to one, with no fee and no obligation.

  • A pre-approval before you write an offer
  • Which programs each buyer on the title qualifies for
  • How the suite counts toward your borrowing
  • A rate hold that covers the November 2026 move-in
Read the financing guide

Try the monthly payment

Starts at the lowest-priced home. Change the price, down payment, rate and term to match your plan.

Mortgage Calculator

$950,000
$190,000
5.5%

Estimated Monthly Payment

$4,667

Principal
$2,533
Interest
$2,134
Principal & Interest$4,667

Based on current rates. Actual payments may vary. Consult a mortgage professional.

How ownership works

A managed strata, so five owners never have to run a building

You own your home outright and share the walkway, landscaping and the outside of the buildings with the other four owners through a strata corporation, Strata Plan VAP7098. A management company handles the budget, the bylaws, the annual meeting, the reserve fund for future repairs and the landscaping contract. The developer says Fort Park Property Management will be that company.

Some small multiplexes are sold without professional management, and the owners organise repairs, insurance and money among themselves. That works until someone moves out or a roof needs replacing. A managed strata with a reserve fund gives you a predictable monthly cost and someone to call.

What the strata fee pays for

  • Management
  • Water
  • Sewer
  • Garbage and recycling removal
  • Landscaping

Warranty

  • 2 years on labour and materials
  • 5 years on the outside of the building, including water getting in
  • 10 years on the structure
  • 5-year extended warranty on the kitchen appliances, washer and dryer

From the developer's feature sheet. Full warranty terms are given to buyers before signing.

Who is behind Quintet

Developer
THT Properties Ltd.
Named in the disclosure statement dated May 7, 2025
Built by
Costar Construction
Its It Takes Two project won the 2024 Georgie Award for Best Multiplex Home (CHBA BC winners list)
Interiors
West One Design
Sales
The neighbourhood

Kensington-Cedar Cottage, a few blocks from Victoria Drive

Victoria Drive is the kind of street where you do the week's shopping on foot. On the developer's map, 88 Supermarket, T&T Supermarket, Victoria Square and a run of Vietnamese and Chinese restaurants sit inside the ten-minute walking circle, and so do Cunningham Elementary and Jones Park. Kensington Park, with its community centre and outdoor pool, and Gladstone Secondary are a longer walk or a short bike ride away.

91

Walk Score

68

Transit Score

69

Bike Score

Map of the streets around Quintet with 31 numbered parks, shops, schools and transit stops

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

Places from the developer's neighbourhood map. The map's inner circle is a ten-minute walk.

Quintet | 2240 E 40th Ave Fiveplex: neighbourhood, Victoria Drive & E 41st Ave
Quintet | 2240 E 40th Ave Fiveplex: neighbourhood, George T. Cunningham Elementary School
Quintet | 2240 E 40th Ave Fiveplex: EV charging station and side yard
The paperwork

Read what the sales team hands out

The floor plans, the feature sheet, the pricing sheet, the brochure, the neighbourhood map, a one-page explainer on managed stratas, and the disclosure statement. Enter your details once to open any of them.

Questions buyers ask

Before you book a visit

Unit 5 (Fitzgerald), a three-bedroom home over two floors, is $950,000. Unit 4 (Coltrane), three bedrooms plus a rec room and a studio suite, is $1,218,000. Unit 1 (Armstrong), four bedrooms plus a rec room and a one-bedroom suite, is $1,248,000. For Unit 2 (Ellington) and Unit 3 (Davis), ask us for the price. All prices come from the developer's pricing sheet of September 2026.

Quintet is at 2240 E 40th Ave in Kensington-Cedar Cottage, East Vancouver, between Victoria Drive and Nanaimo Street. The nearest bus stop, eastbound E 41st Ave at Gladstone St, is a two-minute walk. Joyce-Collingwood SkyTrain station is a 20-minute walk (1.6 km).

Units 1 and 2 pay $576.26 a month, Units 3 and 4 pay $520.76, and Unit 5 pays $354.29. The fee covers strata management, water, sewer, garbage and recycling pickup, and landscaping. These figures come from the developer's pricing sheet.

You receive a credit equal to two years of strata fees, worth up to $14,000, applied on the statement of adjustments when the sale completes. Ask us about it when you are ready to buy.

The developer expects the homes to be ready in November 2026. Completion dates on pre-sale homes can move, and the disclosure statement explains what happens if this one does. The show home is open now, so you can walk through a finished home before you decide.

The first deposit is 5% of the purchase price, due within seven days of the developer accepting your offer. Deposits are paid by bank draft to Collingwood Law Office in Trust, which holds the money until completion.

Units 1 and 2 have a one-bedroom suite on the lower floor. Units 3 and 4 have a studio suite on the lower floor. Each suite has its own entrance and a full bathroom and can be closed off from the rest of the home; the one-bedroom suites in Units 1 and 2 also have a wet bar. Unit 5 has no suite; it is a three-bedroom home over two floors.

Units 1 to 4 each come with one parking stall fitted with an EV charger that is ready to activate. Unit 5 has no stall; street parking is available on E 40th Ave. There is also a shared bike room.

Each home comes with the 2-5-10 home warranty that applies to new homes in BC: two years on labour and materials, five years on the building envelope including water penetration, and ten years on the structure. The developer also includes a five-year extended warranty on the kitchen appliances, the washer and the dryer. Full warranty terms are given to buyers before they sign.

Quintet is a managed strata, Strata Plan VAP7098. The developer says Fort Park Property Management will run it. A managed strata means a professional company handles the budget, the bylaws, the annual meeting, the reserve fund for future repairs and the upkeep of the landscaping and shared areas, so the five owners are not left to organise that among themselves.

You choose one of two colour schemes. Tempo is the light scheme, with white and oak-toned cabinets. Bass is the dark scheme, with white and walnut-toned cabinets. The kitchen counters, flooring, fixtures and appliances are the same in both.

The developer is THT Properties Ltd., named in the disclosure statement dated May 7, 2025. Costar Construction built the homes; its It Takes Two project won the 2024 Georgie Award for Best Multiplex Home, per the CHBA BC winners list. Lineform Architecture Inc. designed the buildings and West One Design the interiors.

Yes. A show home opened in July 2026 and the photographs on this page were taken in it. Contact us and we will arrange a visit.

See the show home

Tell us which plan you are looking at and when you are free. We will set up the visit, walk through the numbers with you, and answer anything the pages above did not.

Multiplex homes · Metro Vancouver

  • Gary Paul, REALTOR®

    Gary Paul

    Personal Real Estate Corporation

    REALTOR®Grand Central Realty

  • Michael Lee, REALTOR®

    Michael Lee

    Personal Real Estate Corporation

    REALTOR®eXp Realty

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