1 2240 E 40 Ave, Vancouver, BC, MLS^® R3050810

Welcome to 1 2240 E 40 Avenue, a charming property located in the heart of Vancouver, BC. With its MLS listing number, R3050810, this home offers a unique blend of comfort and convenience. Let's take a closer look at the community surrounding this beautiful property.

Education

Just down the road, you'll find G. T. Cunningham Elementary School, which is a 0.4 km walk from this property. This school has a rating of 5.8/10, making it a great option for families. Additionally, Gladstone Secondary School is a 1.66 km drive from this home and has a rating of no rating available. For those seeking private education, Corpus Christi School is a 0.82 km walk away and boasts a rating of 10/10, while Vancouver Formosa Academy is a 1.06 km drive and has no rating available.

Safety

When it comes to safety, Vancouver is known for being a relatively low-crime city. The freshest crime data from Statistics Canada, dated 2020, reveals that there were 52,217 disturbances in this neighbourhood, resulting in an overall crime rate of 7,470.82 per 100,000 population. This is considered average compared to other Canadian cities. Year-over-year, the total crime rate has decreased by 14.94%, indicating a decreasing trend in crime.

Breaking it down further, the drug crime rate near this property is average, with an illegal substances offences rating of 229.49. There were 1,604 such lawbreaking disturbances in this city in 2020, and the year-over-year change in the illegal substances offences ranking is 1.58%. On the other hand, property crimes in this neighbourhood are above average, with a property misconduct rating adjacent to MLS listing R3050810 being 5,020.27. There were 35,089 such incidents in this neighbourhood in 2020, and the year-over-year change in the property misconduct rate is -20.80%. Lastly, the violent crime rate is below average, with 1,311.69 incidents per 100,000 population, and the year-over-year change is 3.53%.

Commute

For those who value convenience, this property is close to public transportation. The Eastbound E 41 Ave @ Gladstone St bus station is just 0.12 km away, making it an ideal location for those who rely on public transit.

Demographics

According to the 2020 census data, 22.1% of the population in this neighbourhood has a university certificate or degree, which is above average in comparison with other BC neighbourhoods. Conversely, 26.7% of the population in this area has no certificate or degree, which is also above average compared to the BC average.

In terms of income, the median household income near this property is $65,609, which is average compared to the British Columbia average. However, the median personal income is $24,312, which is low compared to the BC average. Furthermore, 43.2% of households in this area have a mortgage, which is low compared to other neighbourhoods.

Unemployment and Population Growth

The unemployment rate in this area is 6.9%, which is below average in comparison to other province neighbourhoods. Additionally, the population change between 2011 and 2016 was -1.5%, which is below average in comparison to the average growth rate of this region.

Lifestyle Amenities

This area boasts a high population density, with 7,680.3 people per square kilometre, making it a vibrant and lively community. The average family size in this area is 3, which is above average. Furthermore, 72.2% of families in this area have children, which is high. However, 53.3% of the population is married or living common law, which is below average.

Housing and Transportation

The average value of dwellings in this neighbourhood is $1,330,325, which is high compared to other areas in British Columbia. The average owner payments are above average in this area, with owners paying $1,331 on average for their dwellings. Tenants, on the other hand, pay $1,118 on average, which is also above average.

In terms of transportation, 43.8% of the population in this area is renters, which is above average compared to other BC cities and areas. However, 34.3% of the population uses public transport, which is high, while 59.3% use cars, which is low. Additionally, 2.6% of the population uses bicycles, which is above average, and 3.3% walk, which is average.

This property, listed as MLS R3050810, offers a unique