2038 E 40th Ave, Vancouver, BC, MLS^® R3068623

Welcome to 2038 E 40th Avenue, a beautiful home located in the heart of Vancouver's vibrant neighborhood. As your trusted realtor, I'm excited to share with you the hidden gems and insider tips that make this community so special.

Schools

Let's start with the schools. This property is serviced by the highly-rated G.T. Cunningham Elementary School, just a short 0.6 km away. With a rating of 5.8/10, families love this area because of its excellent education system. Just down the road, you'll find Gladstone Secondary School, also an option for your family. And for those looking for a more independent education, Corpus Christi School and Vancouver Formosa Academy are both within a 1.32 km radius.

Safety

Now, let's talk about safety. According to Statistics Canada's 2020 report, this neighborhood has an average crime rate compared to other Canadian cities. With 52,217 incidents reported, you can feel at peace knowing that your family is in a relatively safe environment. While there were some property crimes reported, the rate is still above average, but the overall crime rate is a concern for many residents. However, the violent crime rate is below average, which is a relief for families.

Demographics

As you explore this neighborhood, you'll notice a diverse mix of residents. With a university certificate or degree, 22.1% of the population is above average compared to other BC neighborhoods. However, 26.7% of the population has no certificate or degree, which is also above average. The median household income is $65,609, which is average compared to other British Columbia neighborhoods. And while the median personal income is lower at $24,312, the unemployment rate is a low 6.9%, making it an attractive option for those looking for a stable community.

Lifestyle Amenities

This neighborhood is a haven for outdoor enthusiasts. With parks, beaches, and trails just a stone's throw away, you'll never be short on options for recreation. And with shopping malls, grocery stores, and restaurants nearby, you can enjoy all the conveniences of city living without sacrificing the charm of a smaller community.

Transit

Getting around is a breeze in this neighborhood. With the Northbound Victoria Dr @ E 41 Ave bus station just 0.08 km away, you'll have easy access to public transportation. And with 34.3% of the population using public transport, this community is well-connected to the rest of Vancouver.

Real Estate Context

As you consider purchasing this home, it's worth noting that the average dwelling value is $1,330,325, which is high compared to other areas in British Columbia. However, the average owner payments are also above average, with $1,331 spent on average for the dwelling. And while tenants are paying $1,118, it's also above average compared to other cities.

Insider Tips

As a local realtor, I've seen firsthand what makes this community special. With a high percentage of families with children (72.2%), you'll find a strong sense of community and a welcoming atmosphere. And with a average family size of 3, you'll have plenty of opportunities to connect with your neighbors. While the average age of the population is 41.5, which is average compared to other BC cities, you'll find a dynamic and diverse community that's perfect for families and professionals alike.

In conclusion, 2038 E 40th Avenue is a hidden gem in the heart of Vancouver. With its excellent schools, diverse demographics, and convenient lifestyle amenities, this community is perfect for families and professionals alike. As your trusted realtor, I invite you to explore this neighborhood and discover all the secrets that make it so special.

MLS^®R3068623, 2038 E 40th Avenue, Vancouver, BC