1503 485 W 42nd Ave, Vancouver, BC, MLS® R3043885

As we step into the vibrant neighborhood of Oakridge VW, you'll discover a unique blend of urban convenience and community spirit. Our featured property at 1503 485 W 42nd Avenue, listed as MLS® R3043885, is a perfect example of the area's charm.

Just down the road, you'll find Sir Wm Van Horne Elementary School, rated 6.2/10, within a 0.7 km radius from our property. This elementary school is a great option for families, providing a solid foundation for young learners. For secondary education, Vancouver College, rated 10/10, is a short 1.5 km away, while King David High School, with no rating, is conveniently located 0.55 km from home.

According to the 2020 crime statistics from Statistics Canada, the neighborhood surrounding 1503 485 W 42nd Avenue, Vancouver, BC has an average crime rate of 7,470.82, ranking it among the average crime rates in Canadian cities. When comparing the numbers, our neighborhood shows a 14.94% decrease in total crime rate year-over-year. Specifically, the property crime rate is above average, but the violent crime rate is below average.

Just steps away, you'll find the Eastbound W 41 Ave @ Cambie St bus station, a mere 0.03 km from our property. This convenient transit option makes it easy to get around the city. Additionally, our neighborhood boasts a diverse mix of shops, restaurants, and services, ensuring you'll never be far from what you need.

With 38.9% of residents holding a university certificate/degree, our neighborhood ranks high in terms of education. In contrast, only 14.1% of the population has no certificate or degree, making us a community that values learning. The median household income is $71,851, which is average for British Columbia. Notably, 47% of households in our area have a mortgage, indicating a relatively low rate of homeownership.

Our neighborhood boasts a low unemployment rate of 4.6%, making it an attractive choice for those seeking stable employment opportunities. The population change between 2011 and 2016 was 4.2%, above the average growth rate for the region. This indicates a relatively stable and growing community.

The average value of dwellings in our neighborhood is $1,890,078, which is high compared to other areas in British Columbia. The average owner payments are also high, at $1,811 per month, while tenants pay an average of $1,194 per month, which is above average. Notably, 40.3% of the population in our area are renters, which is above average compared to other BC cities and areas.

We celebrate our diversity with a mix of English, French, and other languages spoken in the area. While 86.7% of the population speaks only English, this is below average. Notably, 33.9% of the population uses public transport, which is high. In contrast, 56.3% of the population uses cars, which is low. A surprising 5% of the population uses bicycles, which is high, while 3% walk, which is below average.

As your trusted realtor, I invite you to explore the many charms of Oakridge VW, where community spirit meets urban convenience. Whether you're a family, young professional, or simply looking for a place to call home, our community offers something for everyone. Contact me today to schedule a viewing of 1503 485 W 42nd Avenue, listed as MLS® R3043885, and discover why this neighborhood is the perfect blend of lifestyle and location.