242 Princess Ave, Vancouver, BC, MLS^® R3062723

Welcome to 242 Princess Avenue, a charming neighborhood in Vancouver, BC

As we walk through the community, you'll notice the vibrant atmosphere and diverse lifestyle amenities that make this area so special. Let's start with the schools.

Education

Our home at 242 Princess Avenue is serviced by Lord Strathcona Community Elementary School, a highly-rated institution within a 1.65 km radius. This school is a great option for families, offering a well-rounded education in a safe and supportive environment. The Westside School, an independent elementary school, is also nearby, with a rating of No Rating and located 1.7 km from our home. For secondary education, Britannia Community Secondary School is within walking distance, with a rating of No Rating. Columbia College, an independent secondary school, is also close by, with a rating of No Rating and located 1.23 km from our home.

Crime

According to Statistics Canada's 2020 report, our neighborhood has an average crime rate of 7,470.82, which is comparable to other Canadian cities. While there were 52,217 disturbances in the area, the overall crime rate is relatively low, providing peace of mind for residents. The drug crime rate is average, with an illegal substances offenses rating of 229.49, and the year-by-year change is a positive 1.58%. Property crimes are above average, but the overall crime rate has decreased by 20.80% in the past year.

Demographics

The demographics of our neighborhood are diverse, with 17.1% of residents holding a university certificate or degree, which is average compared to other BC neighborhoods. However, 27% of the population has no certificate or degree, which is above average. The median household income is $17,051, which is low compared to the British Columbia average. The median personal income is $15,381, also low compared to the BC average. However, 69.4% of households have a mortgage, which is high.

Transit

Our home at 242 Princess Avenue is conveniently located near public transportation. The closest bus station is Eastbound E Cordova St @ Princess Ave, just 0.05 km away. Many residents use public transport, with 29.4% relying on buses, trains, or other forms of public transportation, which is high compared to other areas.

Lifestyle Amenities

This neighborhood offers a wide range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals. The average age of the population is 50.1, which is high compared to other BC cities. The average value of dwellings in our neighborhood is $679,218, which is high compared to other areas in British Columbia. The average owner payments are high, with $1,662 spent on average for the dwelling, while tenants pay $560 per month, which is low compared to other cities.

Real Estate Context

Our home at 242 Princess Avenue, listed as MLS^® R3062723, offers a unique opportunity for ownership in a vibrant and diverse neighborhood. With an average value of dwellings in our neighborhood being $679,218, this property is a great investment for those looking to own in Vancouver, BC.

As your trusted realtor, I'm happy to guide you through the community and answer any questions you may have. Contact me today to schedule a viewing of this wonderful property at 242 Princess Avenue, Vancouver, BC, MLS^® R3062723.

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