4988 Chancellor Blvd, Vancouver, BC, MLS^® R3075349

Welcome to the charming neighborhood of University VW, where you'll find the perfect blend of community spirit and urban convenience, all situated at the address 4988 Chancellor Boulevard, Vancouver, BC, MLS^® R3075349. As we explore this vibrant area, you'll discover a wealth of amenities and services that make it an ideal place to call home.

Let's start with the schools, a top priority for many families. Queen Mary Elementary School, located just 1.34 km from 4988 Chancellor Boulevard, has a rating of No Rating. However, don't let that deter you - its proximity and reputation make it a popular choice for local families. Lord Byng Secondary School is also in the area, situated 2.5 km from the property with listing MLS^® R3075349. For those seeking a private education, West Point Grey Academy is the closest Elementary independent school, boasting a 10/10 rating and located 1.69 km from the property. Its Secondary counterpart, also West Point Grey Academy, is similarly situated, with a 10/10 rating.

Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), there were 1,417 incidents in this neighborhood, resulting in an overall crime rate of 7,880.54 per 100,000 population. While this may seem high, it's essential to note that it's Average compared to other Canadian cities. Furthermore, the year-over-year change in the total crime rate is a reassuring -20.79%.

When it comes to specific types of crimes, the area around MLS^® R3075349 has a Below Average rate of drug-related offenses, with a rating of 100.11 and 18 incidents in 2020. The year-over-year change in this ranking is -1.22%. On the other hand, property crimes are Above Average, with a rating of 4,832.88 and 869 incidents in 2020. However, the year-over-year change in this rate is a promising -29.18%. Lastly, the violent crime rate is Low, with 182 incidents in 2020 and a rating of 1,012.18.

Now, let's explore the lifestyle amenities that make this neighborhood so attractive. The closest Bus station is Westbound W 4th Ave @ Blanca St, situated just 0.6 km from the property with listing MLS^® R3075349. The area is also well-connected to major highways, making it easy to get around Vancouver.

In terms of demographics, 57.1% of the population in this neighborhood holds a university certificate or degree, which is High compared to other BC neighborhoods. Conversely, 5.3% of the population has no certificate or degree, which is Low compared to the average in BC.

When it comes to income, the median household income in this area is $48,141, which is Low compared to the British Columbia average. Similarly, the median personal income is $22,217, also Low compared to the BC average. However, 47.4% of households in this census subdivision have a mortgage, which is Low.

The unemployment rate in the area around MLS^® R3075349 is 11%, which is Above Average compared to other province neighborhoods. This may be a concern for some, but it's essential to consider the overall job market and economic growth in the area.

In terms of population growth, the area around 4988 Chancellor Boulevard has experienced an Above Average growth rate of 5.9% between 2011 and 2016. This is a sign of a thriving community, with people drawn to the area's amenities and services.

The population density in this community is 1,986.7 people per square kilometer, which is Above Average. This density is a result of the area's popularity and the many amenities it offers.

In terms of family dynamics, the average size of families in this area is 2.9, which is Average compared to the whole region. However, 66.3% of families in this area have children, which is Above Average. This is a testament to the area's appeal to families.

The average age of the population in this area is 34.4, which is Low compared to other BC cities. This suggests that the area is attractive to younger people, who are drawn to its amenities and services.

Finally, let's talk about real estate values. The average value of dwellings in this neighborhood is $1,434,543, which is High compared to other areas in British Columbia. This is a reflection of the area's popularity and the many amenities it offers.

In terms of owner payments, the average spent by owners in this area is $1,897, which is High. Tenants in this area also pay a relatively high average of $1,634.

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