5 2240 E 40th Ave, Vancouver, BC, MLS^® R3070512

Welcome to 5 2240 E 40th Avenue, a beautiful property located in the heart of Vancouver, BC, with the listing MLS^® R3070512. As we walk through this charming neighborhood, you'll notice its unique blend of natural beauty and urban convenience.

First, let's talk about the schools. G. T. Cunningham Elementary School, located just 0.4 km from this home, has a rating of 5.8/10. Families love this area because of its excellent education system, and I've seen firsthand the positive impact it has on the community.

In addition to G. T. Cunningham, this property is also serviced by Gladstone Secondary School, situated 1.66 km away. While we don't have a rating for this school, its proximity to the property is certainly a convenience for families.

For those interested in independent education, Corpus Christi School is the closest Elementary school, boasting a rating of 10/10, and is just 0.82 km away. Vancouver Formosa Academy, the closest Secondary independent school, has a rating of No Rating, and is 1.06 km from this home.

Now, let's discuss the safety of the area. According to Statistics Canada's 2020 report, there were 52,217 volation disturbances in this neighborhood. With an overall crime rate of 7,470.82, this area is considered Average when compared to other Canadian cities. In fact, the year-by-year change in the total crime rate is a notable -14.94%, indicating a decrease in crime over the years.

In terms of specific types of crime, the rate of drug-related offenses is Average, with a rating of 229.49 and 1,604 incidents in 2020. The year-by-year change in the illegal substances offenses ranking is a modest 1.58%. Property crimes, on the other hand, are Above Average, with a rating of 5,020.27 and 35,089 incidents in 2020. However, the year-by-year change in the property misconduct rate is a significant -20.80%.

Violent crime rates are also worth noting, with 9,168 incidents in 2020. This rate is Below Average compared to other BC municipalities, with a rating of 1,311.69. The year-by-year change in the violent crime rate is a relatively small 3.53%.

Now, let's talk about commuting convenience. The closest bus station is Eastbound E 41 Ave @ Gladstone St, which is only 0.12 km away from this property.

In terms of demographics, 22.1% of the population in this neighborhood have a university certificate or degree, which is Above Average compared to other BC neighborhoods. Conversely, 26.7% of the population have no certificate or degree, also Above Average compared to the average in BC.

The median household income in this area is $65,609, which is Average compared to the British Columbia average. The median personal income is $24,312, which is Low compared to the BC average. Additionally, 43.2% of households in this census subdivision have a mortgage, which is Low compared to other areas.

Unemployment rates in the area are also worth noting, with a rate of 6.9%, which is Below Average compared to other province neighborhoods.

This property is located in the Victoria VE neighborhood, where the population change between 2011 and 2016 was -1.5%. This is Below Average compared to the average growth rate of this region.

The population density per square kilometer in this community is 7,680.3, which is High. Average family size in the area is 3, which is Above Average compared to the whole region. Percent of families with children is 72.2%, which is High.

Average age of the population in this area is 41.5, which is Average compared to other BC cities. Average value of dwellings in this neighborhood is $1,330,325, which is High compared to other areas in British Columbia.

In terms of housing costs, average owner payments are Above Average in the area, with owners spending an average of $1,331 per month. Tenants, on the other hand, are paying $1,118 per month, which is also Above Average compared to other cities.

43.8% of the population in this district are renters, which is Above Average compared to other BC cities and areas. English and French speakers make up 2.8% of the population, which is Low. English speakers only account for 79.6%, which is Below Average. French speakers only account for 0.1%, which is also Low.

Neither English nor French speakers make up 17.5% of the population, which is High compared to other BC cities. Public transport usage is High, with