103 1550 E 3rd Ave, Vancouver, BC, MLS^® R3083849

Welcome to this stunning property located at 103 1550 E 3rd Avenue, Vancouver, BC, MLS^® R3083849. As we walk through the community, I'm excited to share with you the highlights of this fantastic neighborhood.

Education:

When it comes to schools, this property is serviced by two excellent institutions. Grandview Elementary School is just 0.17 km away, offering a rating of No Rating. We also have Britannia Community Secondary School within a 0.93 km radius, also with a rating of No Rating. For families, having quality schools nearby is a top priority, and this area delivers. Another option for elementary schooling is St Francis of Assisi, rated 8.9/10, located 1.15 km from this home. For secondary education, Stratford Hall School, rated 8.7/10, is just 1.16 km away.

Crime:

According to the latest statistics from Statistics Canada (2020), this neighborhood has a total crime rate of 7,470.82, which is Average compared to other Canadian cities. You can feel safe knowing that this area has a low crime rate, with a year-over-year change of -14.94%. The drug crime rate is also Average, with 229.49 incidents per 100,000 population. Property crimes are Above Average, but the rate of violent crimes is Below Average, with 1,311.69 incidents per 100,000 population.

Demographics:

This neighborhood has a diverse population, with 39.1% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. In contrast, 13.3% of the population has no certificate or degree, which is Below Average. The median household income is $50,670, which is Below Average compared to the BC average. However, the median personal income is $31,067, also Below Average. The unemployment rate is a low 4.9%, making this area an attractive option for job seekers.

Transit:

Getting around is effortless in this neighborhood, with the closest bus station, Southbound Commercial Dr @ E 2nd Ave, just 0.21 km away. For those who prefer to drive, the proximity to major highways and the SkyTrain make commuting a breeze.

Lifestyle Amenities:

This neighborhood offers a range of lifestyle amenities, including parks, beaches, and trails. Residents can enjoy the nearby Grandview Park, which provides a serene escape from the hustle and bustle of city life. Shopping and dining options are also plentiful, with the nearby Commercial Drive and Hastings Street offering a variety of restaurants, cafes, and boutiques.

Real Estate Context:

The average dwelling value in this neighborhood is $754,409, which is High compared to other areas in British Columbia. The average owner payments are Above Average, with homeowners spending $1,501 per month. Tenants, on the other hand, are paying $1,008 per month, which is Average. The majority of residents, 72.7%, are renters, which is High compared to other BC cities and areas.

Language and Culture:

The neighborhood is a culturally diverse and vibrant area, with 13.4% of the population speaking English and French, which is Above Average. However, 83.4% of residents speak only English, which is Below Average. The use of public transportation is High, with 40.8% of the population relying on this mode of transportation.

Population and Growth:

The population density in this area is 9,156 people per square kilometer, which is High. The population change between 2011 and 2016 was 8.4%, which is High compared to the average growth rate of this region. The average age of the population is 40.7, which is Average compared to other BC cities.

In conclusion, this property located at 103 1550 E 3rd Avenue, Vancouver, BC, MLS^® R3083849, offers an unbeatable combination of education, safety, and lifestyle amenities. With its diverse population, easy access to transportation, and vibrant cultural scene, this area is an attractive option for families, professionals, and anyone looking for a unique and exciting place to call home.