1603 3487 Binning Rd, Vancouver, BC, MLS^® R3036595

Welcome to the charming neighborhood of University VW, where you'll find the stunning home located at 1603 3487 Binning Road, Vancouver, BC, proudly listed as MLS^® R3036595. This picturesque community is surrounded by lush greenery and is just a short distance from the University Hill Secondary School, rated No Rating, and conveniently located 0.68 km from this beautiful home.

Just down the road, you'll find the esteemed Eaton Arrowsmith School, an independent elementary school with a No Rating, situated 1.42 km from this property. Families love this area because of its excellent educational institutions, providing children with a well-rounded and nurturing environment.

Now, let's talk about the safety and security of this neighborhood. According to the latest crime statistics from Statistics Canada (2020), this area has an overall crime rate of 7,880.54, which is Average compared to other Canadian cities. There were 1,417 reported disturbances, indicating a relatively low crime rate. This means you can feel safe and secure in this community, providing peace of mind for you and your loved ones.

As we delve into the demographics of this neighborhood, you'll discover a thriving community with a high percentage of university-educated residents (51.7%), making it a hub for professionals and families alike. 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 compared to the province's average. The percentage of households with a mortgage is 59.5%, which is Average.

This neighborhood is also known for its high population growth rate, with a change of 97.9% between 2011 and 2016, making it a desirable place to live and invest.

When it comes to transportation, you'll find the Southbound Wesbrook Mall @ Birney Ave bus station just 0.34 km away from this property, making it easily accessible by public transit. The average commute time is relatively short, and the neighborhood offers a range of transportation options, including walking, cycling, and driving.

In terms of lifestyle amenities, this neighborhood boasts a range of parks, beaches, trails, and dog parks, providing ample opportunities for outdoor activities and recreation. You'll also find a variety of shopping malls, grocery stores, restaurants, and coffee shops nearby, ensuring you have everything you need within reach.

As for the real estate market, the average dwelling value in this neighborhood is $861,809, which is High compared to other areas in British Columbia. The average owner payments are also High, with homeowners spending an average of $1,814 per month on their properties. Tenants, on the other hand, are paying an average of $1,963 per month, which is also High compared to other cities.

If you're considering renting in this area, you'll find that 54.3% of the population are renters, which is High compared to other BC cities and areas. However, the percentage of English and French speakers is Average, with 8.1% of the population speaking both languages, and 83.3% speaking English only.

In terms of transportation, 24.1% of the population use public transport, which is Above Average, while 41.6% use cars, which is Low. 11% of the population use bicycles, which is High, and 22.4% walk, also High.

In conclusion, the neighborhood surrounding 1603 3487 Binning Road, Vancouver, BC, MLS^® R3036595, offers a unique blend of safety, security, and lifestyle amenities, making it an attractive option for families, professionals, and investors alike. I invite you to explore this charming community and discover why it's the perfect place to call home.