2088 Allison Rd, Vancouver, BC, MLS^® R3068760

Welcome to 2088 Allison Road, a charming property in Vancouver's University VW neighborhood

Education:

The property is serviced by University Hill Elementary School, which has a rating of 6.4/10. Located just 0.91 km from the school, this home is perfect for families with young children. In fact, University Hill Elementary School is one of the top-rated schools in the area, offering a well-rounded education with a strong focus on academic excellence. Just down the road, you'll also find University Hill Secondary School, another excellent institution that provides students with a comprehensive education.

Crime:

According to the latest crime statistics from Statistics Canada (2020), the neighborhood surrounding 2088 Allison Road has a crime rate of 7,880.54, which is considered Average compared to other Canadian cities. This means that residents can enjoy a relatively safe and secure environment. Additionally, the rate of drug-related crimes in the area is Below Average, with a rating of 100.11 and 18 incidents in 2020. This suggests that the neighborhood is a great place to live for those who value a peaceful and law-abiding community.

Demographics:

The University VW neighborhood, where 2088 Allison Road is located, has a diverse and educated population. According to the latest census data, 57.1% of residents hold a university certificate or degree, making it one of the highest rates in British Columbia. Additionally, the median household income in the area is $48,141, which is considered Low compared to the BC average. However, this also means that the community is relatively affordable and attractive to families and individuals looking for a comfortable lifestyle.

Transit:

Convenience is key when it comes to transportation, and 2088 Allison Road has got you covered. The nearest bus station, Eastbound University Blvd @ Allison Rd, is just 0.08 km away from the property. This makes it easy to get around the city without a car, perfect for those who value a low-maintenance lifestyle.

Lifestyle Amenities:

The University VW neighborhood is renowned for its excellent amenities and services. With a mix of parks, beaches, trails, and shopping centers nearby, you'll have everything you need right at your doorstep. Whether you're looking for a quiet spot to relax or an exciting night out, this community has something for everyone. Plus, with the nearby Eaton Arrowsmith School, you'll have access to a range of educational resources and extracurricular activities for your family.

Real Estate Context:

The average value of dwellings in the University VW neighborhood, where 2088 Allison Road is located, is $1,434,543, which is considered High compared to other areas in British Columbia. This means that homeowners in the area can enjoy a relatively high property value and a strong sense of pride in their community. Additionally, the average owner payments for the property are High, with owners spending an average of $1,897 per month. Tenants, on the other hand, pay an average of $1,634 per month, which is also considered High.

Community Insights:

The University VW neighborhood is a vibrant and diverse community with a strong sense of belonging. With 66.3% of families having children, this area is perfect for families who value a supportive and inclusive environment. Additionally, the average age of the population in the area is 34.4, which is considered Low compared to other BC cities. This suggests that the neighborhood is relatively young and energetic, making it an excellent place to live for those who value a dynamic and active lifestyle.

Transportation:

The University VW neighborhood is well-connected to the rest of Vancouver, with a range of transportation options available. According to the latest census data, 23.9% of the population in the area uses public transport, which is Above Average. Meanwhile, 35.6% of residents use cars, which is considered Low. However, 7.7% of the population uses bicycles, which is High, and 31.3% of residents walk, which is also High.

Investment Insights:

As a savvy investor, you'll appreciate the strong potential for growth in the University VW neighborhood. With a population change of 5.9% between 2011 and 2016, this area is experiencing Above Average growth. Additionally, the average size of families in the area is 2.9, which is Average compared to the whole region. This suggests that the neighborhood is a great place to invest in a family-friendly community.

About this Home:

Located at 2088 Allison Road, Vancouver, BC, this charming property is perfect for families and individuals who value a safe, secure, and supportive community. With its