3540 W 5th Ave, Vancouver, BC, MLS^® R3070770

Welcome to 3540 W 5th Avenue, Vancouver, BC - MLS^® R3070770

As we walk through the charming neighborhood of Kitsilano, you'll notice the vibrant energy of this eclectic community. Located at 3540 W 5th Avenue, Vancouver, BC, this stunning property boasts exceptional amenities and proximity to top-rated schools.

Top-Rated Schools in the Area

We're proud to announce that this property is serviced by Bayview Community Elementary School, rated No Rating, and located just 0.17 km away. This school provides a nurturing environment for young minds, and we're confident that the students will thrive in this excellent educational setting.

Just down the road, you'll find Kitsilano Secondary School, also rated No Rating, and situated 1.49 km from the property. This school offers a comprehensive curriculum and extracurricular programs that cater to diverse interests and talents.

Independent Schools in the Area

For families seeking alternative educational options, we recommend Our Lady of Perpetual Help School, an excellent independent elementary school with a rating of 10/10, located 1.07 km from the property. This school provides a personalized learning experience that fosters intellectual curiosity and spiritual growth.

For secondary education, West Point Grey Academy is another excellent option, with a rating of 10/10, situated 1.27 km from the property. This independent school offers a rigorous academic program, as well as a range of extracurricular activities that promote socialization and character development.

Crime Rate in the Neighborhood

According to the latest crime statistics from Statistics Canada (2020), the neighborhood surrounding 3540 W 5th Avenue, Vancouver, BC has an average crime rate of 7,470.82. This is consistent with the national average, indicating a safe and secure environment for residents.

Breaking down the crime statistics further, we see that:

• Drug-related crimes are at an average rate, with 1,604 incidents reported in 2020.
• Property crimes are slightly above average, with 35,089 incidents reported in 2020.
• Violent crimes are below average, with 9,168 incidents reported in 2020.

Demographics and Lifestyle

The neighborhood surrounding 3540 W 5th Avenue, Vancouver, BC is a desirable area for families and young professionals. According to the latest census data, 58.7% of residents hold a university certificate or degree, which is high compared to other BC neighborhoods.

In terms of household income, the median household income is $76,096, which is above average in comparison to the British Columbia average. The median personal income is also $40,405, which is above average.

Transit and Commuting

For those who rely on public transportation, the Westbound W 4th Ave @ Collingwood St bus stop is just 0.1 km away from the property, providing convenient access to downtown Vancouver and other nearby neighborhoods.

Lifestyle Amenities

The Kitsilano neighborhood offers an abundance of lifestyle amenities, including:

• Beautiful parks and green spaces, such as Vanier Park and Kitsilano Beach Park
• A vibrant shopping district with unique boutiques and specialty stores
• A diverse range of restaurants, cafes, and coffee shops
• Easy access to major highways and public transportation

Real Estate Context

The average value of dwellings in the neighborhood surrounding 3540 W 5th Avenue, Vancouver, BC is $1,426,894, which is high compared to other areas in British Columbia.

In terms of owner payments, the average owner payment is $1,750, which is high in the area. Tenants, on the other hand, pay an average of $1,617 per month, which is also high.

Population and Housing

The population density in the area surrounding 3540 W 5th Avenue, Vancouver, BC is 8,007.1 people per square kilometer, which is high compared to other neighborhoods.

In terms of household composition, the average family size is 2.7, which is below average. The percentage of families with children is 49.5%, which is also below average.

Education and Employment

The average age of the population in the area surrounding 3540 W 5th Avenue, Vancouver, BC is 38.1 years, which is below average.

In terms of education, 54.7% of the population uses public transportation, which is high compared to other neighborhoods. 40.9% of residents use cars, which is low. 12.3% of residents use bicycles, which is high. 9.7% of residents walk, which is above average.

Unemployment Rate

The unemployment rate in the area surrounding 3540 W 5th Avenue, Vancouver, BC is 5.6%, which is