125 E 48th Ave, Vancouver, BC, MLS® R3039068

Welcome to 125 E 48th Avenue, a charming Vancouver, BC home with the MLS listing number R3039068. Let me take you on a tour of this incredible neighborhood, highlighting its top features and why it's the perfect place to call home.

As we walk through the community, you'll notice that families love this area because of its excellent schools. Sir Wm Van Horne Elementary School, located just 0.6 km from this property, has a rating of 6.2/10, providing students with a solid foundation for their academic journey. For independent school options, St. Andrew's is the closest elementary school, with a rating of No Rating, situated 0.52 km away. For secondary education, King David High School is the nearest option, with a rating of No Rating, located 1.65 km from this home.

Now, let's talk about the safety of the neighborhood. According to the most recent crime statistics from Statistics Canada (2020), this area has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. To give you a better understanding, there were 52,217 disturbances in the neighborhood, and the rate is measured as incidents per 100,000 population. The year-over-year change in the total crime rate is -14.94%, indicating a decrease in crime activity.

When it comes to specific types of crimes, the neighborhood surrounding 125 E 48th Avenue has an Average drug crime rate, with a rating of 229.49 and 1,604 incidents in 2020. The year-over-year change in the illegal substances offenses ranking is 1.58%. Property crimes in the area are Above Average, with a rating of 5,020.27 and 35,089 incidents in 2020. However, the year-over-year change in the property misconduct rate is -20.80%, showing a decrease in property-related crimes.

For those who value safety above all, it's reassuring to know that the neighborhood has a Below Average rate of violent lawbreaking disorders, with 1,311.69 incidents in 2020.

As we explore the neighborhood, you'll notice that it's well-connected to public transportation. The closest bus station is Eastbound E 49 Ave @ Quebec St, located just 0.14 km away from this property with the MLS listing number R3039068.

Now, let's dive into the demographics of the area. According to the data, 38.9% of the population has a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 14.1% of the population has no certificate or degree, which is Below Average compared to the average in BC.

In terms of income, the median household income near this home is $71,851, which is Average compared to the British Columbia average. The median personal income is $28,651, which is Below Average in comparison to the BC average. However, it's worth noting that 47% of households in this census subdivision have a mortgage, which is Low.

Unemployment rates in the area are Low, with a rate of 4.6%. This is a great indicator of a stable economy and job market.

As we explore the community, you'll notice that it's experiencing Above Average growth, with a population change of 4.2% between 2011 and 2016. The population density per square kilometer is 5,251.5, which is High.

Families with children make up 67.9% of the population, which is Above Average. The average size of families in the area is 3, which is Above Average. However, the percentage of married or living common law couples is 53.5%, which is Below Average.

The average age of the population is 40.8, which is Average compared to other BC cities.

In terms of real estate, the average value of dwellings in this neighborhood is $1,890,078, which is High compared to other areas in British Columbia. The average owner payments are High, with owners spending $1,811 on average for their dwellings. Tenants, on the other hand, are paying $1,194 on average, which is Above Average.

Finally, 40.3% of the population in this district are renters, which is Above Average compared to other BC cities and areas.

I hope this tour has given you a deeper understanding of the neighborhood surrounding 125 E 48th Avenue, Vancouver, BC, MLS listing number R3039068. It's a wonderful community with a strong sense of safety, excellent schools, and a diverse range of demographics.