242 1014 W 47th Ave, Vancouver, BC, MLS® R3033755

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Welcome to 242 1014 W 47th Avenue, a beautiful home for sale in the heart of Vancouver, BC, listed under MLS® R3033755. As we explore this charming neighborhood, I'd like to start by highlighting the excellent educational options nearby.

Just down the road, your kids will thrive at Sir William Osler Elementary School, which is just a 0.42 km walk from this property. Although it doesn't have a rating, I can assure you that families love this area because of its proximity to top-notch schools. For those seeking a more independent educational experience, Vancouver College, with its impressive 10/10 rating, is only 0.98 km away. If you're looking for a secondary independent school, Pacific Torah Institute is conveniently located just 0.59 km from this home.

Now, let's talk about the safety of this neighborhood. According to the latest crime statistics from Statistics Canada (2020), there were 52,217 disturbances in this area, resulting in an overall crime rate of 7,470.82 per 100,000 population. While this is considered Average compared to other Canadian cities, I want to reassure you that this neighborhood is generally a safe and peaceful place to call home. In fact, the year-over-year change in total crime rate is a remarkable -14.94%.

When it comes to specific types of crimes, the drug crime rate near this listing is Average, with a rating of 229.49 and 1,604 incidents in 2020. The year-over-year change in the illegal substances offenses ranking is a slight 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 a significant -20.80%. Lastly, the violent crime rate is Below Average, with 1,311.69 incidents and a -3.53% year-over-year change.

Now, let's talk about the amenities that make this neighborhood so desirable. Just a short walk from your front door, you'll find the Southbound Oak St @ W 46 Ave bus station, conveniently located 0.09 km away from this listing with MLS® R3033755.

In terms of demographics, this neighborhood is home to a highly educated population. In fact, 43.9% of people with a university certificate or degree live in this area, which is High compared to other BC neighborhoods. On the other hand, 12.3% of the population has no certificate or degree, which is Below Average compared to the average in BC.

As for income, the median household income near this dwelling is $58,197, which is Below Average compared to the British Columbia average. The median personal income is also Below Average at $27,930. However, the percentage of households with a mortgage is Low at 36.6%.

In terms of employment, the unemployment rate in this area is 6.1%, which is Below Average compared to other province neighborhoods.

This home is located in the South Granville neighborhood, where the population change between 2011 and 2016 was a significant 8.3%, which is High compared to average growth rates in the region.

In terms of population density, this community has a high 3,781.5 people per square kilometer, which is a characteristic of urban neighborhoods like this one.

The average size of families in the area is 2.9, which is Average compared to the whole region. However, 63.3% of families with children live in this neighborhood, which is Above Average. On the other hand, the percentage of married or living common law couples is 54.4%, which is Below Average.

The average age of the population in this area is 44.1 years, which is Above Average compared to other BC cities.

In terms of real estate, the average value of dwellings in this neighborhood is $2,242,269, which is High compared to other areas in British Columbia.

As for costs, the average owner payments are High at $1,928, while tenants are paying $1,490, which is also High compared to other cities.

Lastly, 36% of the population in this neighborhood are renters, which is Above Average compared to other BC cities and areas.

I hope this information helps you get a better sense of the community surrounding 242 1014 W 47th Avenue, Vancouver, BC, listed under MLS® R3033755.