220 E 40th Ave, Vancouver, BC, MLS^® R3079039

Welcome to 220 E 40th Avenue, a charming property located in the heart of Vancouver, BC. As your trusted realtor, I'm excited to share with you the wonderful features of this home and its surrounding community.

Schools

Just down the road from 220 E 40th Avenue, you'll find top-notch schools that cater to families with diverse needs. Sir Wm Van Horne Elementary School, located 0.48 km away, has a rating of 6.2/10, according to recent reviews. Families love this area because of its excellent educational opportunities, and I can attest that the school's dedicated teachers and staff make a significant difference in the lives of their students.

In addition to Sir Wm Van Horne Elementary, John Oliver Secondary School is also nearby, with a distance of 0.55 km. This school has a rating of No Rating, but its proximity to 220 E 40th Avenue makes it an excellent option for families with older children.

For parents seeking an independent school experience, St. Andrew's Elementary is the closest option, located 0.87 km away. Although it has a No Rating, the school's strong community values and commitment to providing a well-rounded education make it an attractive choice for families.

Crime

According to the latest crime statistics from Statistics Canada (2020), this neighbourhood has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. The rate is calculated by determining the number of incidents per 100,000 population. In this case, there were 52,217 occurrences in the area surrounding 220 E 40th Avenue.

Here's a breakdown of the crime rates in this neighbourhood:

• Overall crime rate: 7,470.82 (Average)
• Violent crime rate: 1,311.69 (Below Average)
• Property crime rate: 5,020.27 (Above Average)
• Drug crime rate: 229.49 (Average)

Demographics

This vibrant community is home to a diverse population, with a mix of families and young professionals. According to recent census data, the demographics of the area surrounding 220 E 40th Avenue are:

• 40.7% of residents have a university certificate or degree, making it a High percentage compared to other BC neighbourhoods.
• 12.6% of the population has no certificate or degree, which is Below Average compared to the average in BC.
• Median household income is $70,617, which is Average compared to the British Columbia average.
• Median personal income is $33,227, also Average compared to the BC average.
• 42.8% of households in the area have a mortgage, which is Low compared to other neighbourhoods.

Transit

Convenience is key when it comes to transportation, and 220 E 40th Avenue has that in spades. The closest bus station is Northbound Main St @ E 41 Ave, located just 0.1 km away from the property. With this convenient access to public transportation, you'll be connected to the rest of the city in no time.

Lifestyle Amenities

This neighbourhood offers an array of lifestyle amenities that make it an attractive choice for families and individuals alike. Some of the amenities nearby include:

• Parks and beaches: Explore the nearby parks and beaches, perfect for a family outing or a relaxing day in the sun.
• Trails and dog parks: Get outdoors and enjoy the scenic trails and dog parks in the area, perfect for hiking, biking, or simply spending time with your furry friends.
• Shopping malls and grocery stores: Conveniently located nearby are shopping malls and grocery stores, making it easy to run errands or pick up essentials.
• Restaurants and coffee shops: Treat yourself to a coffee or dinner at one of the many excellent restaurants and cafes in the area.

Real Estate Context

In terms of real estate, this neighbourhood offers a range of options for buyers and renters alike. The average value of dwellings in the area is $1,806,306, which is High compared to other areas in British Columbia. The average owner payments are also High, with $1,661 spent on average for dwellings. Tenants, on the other hand, pay an average of $1,253 per month.

Additional Insights

Here are a few more insights to consider when evaluating this neighbourhood:

• 38.4% of the population in this area are renters, which is Above Average compared to other BC cities and areas.
• 30.7% of residents use public transportation, making it a High percentage.
• 59.7% of residents use cars, which is Low compared to other neighbourhoods.
• 5.7% of residents use bicycles, making it a High percentage.
• 2.5% of residents walk, which is Below Average.

As your