40 E 46th Ave, Vancouver, BC, MLS^® R3064180

Welcome to the charming neighborhood of 40 E 46th Avenue in Vancouver, BC, where the MLS listing R3064180 presents a unique opportunity for homeownership. As we walk through this vibrant community, I'd like to highlight some of its most attractive features.

Education

Just down the road from 40 E 46th Avenue, you'll find Sir Wm Van Horne Elementary School, a highly-rated institution with a rating of 6.2/10. According to Statistics Canada's data, this school is located within a 0.4 km radius, making it an ideal choice for families. If you're looking for an independent elementary school, St. Andrew's is just a 0.68 km walk away, while King David High School, the closest secondary independent school, is approximately 1.45 km from your new home.

Safety

The freshest crime data from Statistics Canada, dating back to 2020, indicate a relatively low crime rate in this neighborhood, with an overall crime rate of 7,470.82 incidents per 100,000 population. This is considered Average compared to other Canadian cities. Breaking it down further, the rate of drug-related crimes is Average, with a rating of 229.49, while property crimes are Above Average, with a rating of 5,020.27. However, the violent crime rate is Below Average, at 1,311.69 incidents per 100,000 population.

Demographics

The demographics of this neighborhood are fascinating. According to the data, 38.9% of residents hold a university certificate or degree, making it a High percentage compared to other BC neighborhoods. On the other hand, 14.1% of the population has no certificate or degree, which is Below Average compared to the average in BC. The median household income is $71,851, an Average figure compared to the British Columbia average. Meanwhile, the median personal income is $28,651, which is Below Average.

Transportation and Lifestyle

This neighborhood is well-connected, with the Southbound Main St @ E 46 Ave bus station just 0.25 km away from the MLS listing R3064180. You can easily commute to various parts of the city using public transportation. Speaking of lifestyle, this community offers a mix of parks, beaches, and trails for outdoor enthusiasts. Local residents can also enjoy shopping at nearby malls, grabbing a bite to eat at one of the many restaurants, or sipping coffee at a cozy café.

Real Estate Context

The average value of dwellings in this neighborhood is $1,890,078, which is High compared to other areas in British Columbia. If you're considering purchasing a home, you can expect to pay an average of $1,811 per month in owner payments. Meanwhile, tenants are paying $1,194 on average per month, which is Above Average compared to other cities.

Population Growth and Diversity

This neighborhood has experienced a population growth of 4.2% between 2011 and 2016, making it Above Average compared to the average growth rate of this region. The population density per square kilometer is 5,251.5, which is High. The average size of families in this area is 3, making it Above Average. Approximately 67.9% of families have children, while 53.5% of residents are married or living common law, which is Below Average.

Language and Transportation

In this neighborhood, 40.3% of the population are renters, which is Above Average compared to other BC cities and areas. The most common mode of transportation is public transport, with 33.9% of residents using it. On the other hand, 56.3% of residents use cars, which is Low. A small percentage of residents, 5%, use bicycles, while 3% walk to their destinations.

In summary, 40 E 46th Avenue, Vancouver, BC (MLS R3064180) presents an excellent opportunity for homeownership in a vibrant and diverse neighborhood. With its highly-rated schools, relatively low crime rate, and attractive demographics, this community has something for everyone. Whether you're a first-time buyer, a growing family, or an investor, this property is definitely worth considering.