1908 3355 Binning Rd, Vancouver, BC, MLS^® R3033610

Welcome to this charming neighborhood in Vancouver, where tranquility meets convenience. I'm thrilled to share with you the details of this incredible property located at 1908 3355 Binning Road, Vancouver, BC, listed as MLS^® R3033610.

As we stroll through the community, you'll notice that families with kids are drawn to this area, thanks to the excellent schools nearby. University Hill Secondary School, located just 0.63 km from this home, boasts a rating of No Rating, and is a popular choice among parents. Additionally, Eaton Arrowsmith School, a top-rated independent elementary school, is only 1.25 km away, making it an attractive option for families with young children.

Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighborhood has an overall crime rate of 7,880.54, which is considered Average compared to other Canadian cities. However, it's worth noting that the rate has decreased by 20.79% year-over-year, indicating a positive trend. You'll also be pleased to know that the drug crime rate is Below Average, with a rating of 100.11, and only 18 incidents reported in 2020.

As we explore this community, you'll discover that property crimes are a bit higher, with a rating of 4,832.88, which is Above Average. Nevertheless, this number has decreased by 29.18% year-over-year, suggesting a reduction in property-related concerns. It's reassuring to know that violent crime rates are Low, with only 182 incidents reported in 2020, and a rate of 1,012.18.

Now, let's discuss transportation. The closest bus station, Westbound W 16 Ave @ Wesbrook Mall, is just 0.28 km away from this property, making it a convenient option for commuters.

As we delve into the demographics of this neighborhood, you'll notice that 51.7% of residents hold a university certificate or degree, which is High compared to other BC neighborhoods. Additionally, 7.6% of the population has no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income is $39,104, which is Low compared to the British Columbia average. However, the median personal income is $17,984, also Low in comparison to the BC average. Interestingly, 59.5% of households in this area have a mortgage, which is Average.

Unemployment rates in this area are a bit higher, with 10.7% of the population experiencing unemployment, which is Above Average compared to other province neighborhoods.

This property is located in the vibrant University VW community, where population growth between 2011 and 2016 was 97.9%, which is High compared to average growth rates in this region.

As we explore the community further, you'll discover that the average family size is 3, which is Above Average compared to the whole region. Additionally, 79.1% of families in this area have children, which is High. However, the percentage of married or living common law couples is 52.8%, which is Below Average.

The average age of the population in this area is 33.5, which is Low compared to other BC cities.

In terms of real estate, the average value of dwellings in this neighborhood is $861,809, which is High compared to other areas in British Columbia.

As we discuss the financial aspects of homeownership, you'll note that average owner payments are High in this area, with $1,814 spent on average for dwellings. Tenants are also paying a relatively high amount, with $1,963 spent on average, which is High compared to other cities.

Interestingly, 54.3% of the population in this area are renters, which is High compared to other BC cities and areas.

Language-wise, 8.1% of the population in this area speak English and French, which is Average. However, 83.3% of the population speak only English, which is Below Average. Additionally, 0.1% of the population speak only French, which is Below Average.

Lastly, 24.1% of the population in this area use public transport, which is Above Average. However, 41.6% of the population use cars, which is Low. 11% of the population use bicycles, which is High, and 22.4% of the population walk, which is also High.

In conclusion, this property located at 1908 3355 Binning Road, Vancouver, BC, listed as MLS^® R3033610, offers a unique blend of tranquility, convenience, and community spirit. With its excellent schools, Average crime rates, and High population growth, this area is an attractive choice for families and