51 550 W 28th Ave, Vancouver, BC, MLS® R3036935

Welcome to the vibrant neighborhood of Cambie, where the real estate listing 51 550 W 28th Avenue, Vancouver, BC, MLS R3036935, truly shines. As we walk through this beautiful community, you'll discover why families and individuals alike adore living here.

First, let's talk about the excellent schools in the area. Edith Cavell Elementary School, located just 0.76 km from the property, boasts a rating of 7.1/10. Its proximity to the home for sale makes it an ideal choice for families with young children. Just down the road, you'll find Vancouver Talmud Torah Elementary School, a highly-rated independent school with a score of 9.3/10, situated 0.7 km from the listing. Additionally, King David High School, a notable secondary independent school, is within walking distance at 1.45 km.

Now, let's dive into the crime statistics for the neighborhood. According to the latest data from Statistics Canada (2020), there were 52,217 incidents in this area. The overall crime rate, with a rate of 7,470.82 per 100,000 population, is considered Average compared to other Canadian cities. Notably, the rate has decreased by 14.94% over the years.

In terms of property crimes, the rating is Above Average, with 5,020.27 incidents per 100,000 population. However, the year-over-year change in property misconduct rate is a positive -20.80%. As for violent crimes, the rate of 1,311.69 per 100,000 population is Below Average compared to other BC municipalities, with a slight increase of 3.53% over the years.

The proximity to public transportation is a significant advantage of living in this neighborhood. The Southbound Cambie St @ W 29 Ave bus station is just 0.13 km away from the property, making it easy to get around the city.

Now, let's explore the demographics of the area. A notable 51.4% of the population holds a university certificate or degree, which is High compared to other BC neighborhoods. Conversely, 8.3% of the population has no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income is $83,861, which is Above Average compared to the British Columbia average. The median personal income is $43,215, also High compared to the BC average. Interestingly, 52.8% of households in the area have a mortgage, which is Below Average.

The unemployment rate in the area is 6.7%, which is Below Average compared to other province neighborhoods. As for population growth, the area around Cambie has experienced a notable 4.4% increase between 2011 and 2016, which is Above Average in comparison to average growth rates in the region.

The community surrounding 51 550 W 28th Avenue, Vancouver, BC, has a population density of 4,526.9 people per square kilometer, which is High compared to other areas. The average family size in the area is 2.8, which is Below Average. Notably, 59.5% of families in the area have children, which is Average.

As we explore the lifestyle amenities in the neighborhood, you'll find an array of parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby.

In terms of real estate context, the average value of dwellings in the area is $1,793,194, which is High compared to other areas in British Columbia. The average owner payments for the dwelling are High, with $1,835 spent on average, while tenants pay $1,483, which is also High.

Finally, 42.9% of the population in the area are renters, which is Above Average compared to other BC cities and areas. The language spoken in the area is predominantly English, with 82.4% of the population speaking only English, which is Below Average. French speakers make up 0.1% of the population, which is Low.

As for transportation, 29.5% of the population uses public transportation, which is High, 45.6% use cars, which is Low, 9.1% use bicycles, which is High, and 14.7% walk, which is also High.

In conclusion, the real estate listing 51 550 W 28th Avenue, Vancouver, BC, MLS R3036935, offers an excellent combination of excellent schools, a low crime rate, and a high level of amenities in the surrounding neighborhood. As a seasoned realtor, I highly recommend this property to families and individuals looking for a vibrant and convenient place to call home.