5490 Ash St, Vancouver, BC, MLS^® R3066978

Welcome to this charming community in Vancouver, where the perfect blend of tranquility and excitement awaits. Let me take you on a tour of the neighborhood surrounding 5490 Ash Street, a beautiful property I'd be delighted to introduce you to. This lovely home, listed as MLS^® R3066978, is nestled in a vibrant area that offers a unique combination of amenities, opportunities, and lifestyle.

As a seasoned realtor with extensive knowledge of this region, I'm excited to share with you the rich tapestry of this community. One of the standout features of this neighborhood is its excellent education system. The property is located within walking distance of Dr. Annie B. Jamieson Elementary School, a top-rated institution with a rating of 8.3/10. This school is a mere 0.92 km away, making it an ideal choice for families seeking a high-quality education for their children. In addition, Vancouver College, an independent elementary school with a 10/10 rating, is just a short drive away at 1.34 km.

For secondary education, King David High School, an independent secondary school with no rating available, is conveniently located just 0.49 km from this property. This proximity to quality education institutions makes this neighborhood an attractive choice for families and individuals alike.

Now, let's talk about the safety and security of this community. The crime data from Statistics Canada, as of 2020, indicates an average crime rate of 7,470.82 in this neighborhood, which is in line with national averages. The drug crime rate is also average, with a rating of 229.49, and the year-by-year change in the illegal substances offences ranking is a modest 1.58%. On the other hand, property crimes in this area are above average, with a rating of 5,020.27, reflecting a significant decrease of 20.8% in property misconduct rates.

Regarding transportation, the neighborhood is well-connected to public transportation hubs. The Southbound Cambie St @ W 37 Ave bus station is just 0.18 km away from this property, making it an ideal location for commuters who prefer to use public transportation.

The demographic profile of this community is also noteworthy. As of 2020, 47.4% of the population in this neighborhood holds a university certificate or degree, which is remarkably high compared to other BC neighborhoods. Conversely, only 8.4% of the population has no certificate or degree, which is significantly lower than the average in BC.

In terms of economic profile, the median household income in this area is $99,968, which is significantly higher than the BC average. Additionally, the median personal income is $35,456, which is average compared to the BC average. The percentage of households with a mortgage in this census subdivision is 32.8%, which is relatively low.

The unemployment rate in this area is a mere 5.6%, which is low compared to other provinces. However, the population change between 2011 and 2016 was -1%, which is below average compared to the region's average growth rate.

The community surrounding 5490 Ash Street is also known for its high population density, with 1,937.8 people per square kilometer. This is above average compared to other areas. Furthermore, the average size of families in this area is 2.9 people, which is average compared to the region.

The age profile of the population in this area is also noteworthy, with an average age of 52.1 years. This is higher than the average in other BC cities, indicating a mature and stable community.

The real estate market in this area is also notable, with an average dwelling value of $2,663,509, which is high compared to other areas in British Columbia. The average owner payments are also high, with an average of $2,014 spent on dwellings. Tenants, on the other hand, are paying an average of $1,979 for rent, which is also high.

Finally, 19.6% of the population in this area are renters, which is average compared to other BC cities and areas. The percentage of English and French speakers in this area is 7.3%, which is average, while the percentage of English speakers only is 84.2%, which is below average.

In terms of transportation, 24.7% of the population in this area use public transportation, which is above average. In contrast, 64.2% of the population use cars, which is low, while 1.2% use bicycles, which is average. Finally, 8.6% of the population walk, which is above average.

In conclusion, the neighborhood surrounding 5490 Ash Street, Vancouver, BC, is a vibrant and desirable community that offers an excellent education system, a safe and secure environment, and a range