4063 W 40th Ave, Vancouver, BC, MLS^® R3071002

Welcome to 4063 W 40th Avenue, Vancouver, BC - MLS^® R3071002

As we step into the vibrant community of Dunbar, you'll find yourself surrounded by the best of both worlds: a serene atmosphere and easy access to the city's amenities. This stunning property, listed as MLS^® R3071002, is a hidden gem waiting to be discovered.

Education

Families love this area because of its excellent schools. Southlands Elementary School, located just 0.28 km from this property, boasts a rating of 5.7/10. Your children will thrive in a supportive environment, with dedicated teachers and a strong focus on academic excellence. Just down the road, Point Grey Secondary School offers a comprehensive education, with a rating of No Rating. Additionally, the prestigious St George's School, with a rating of 10/10, is within walking distance at 1.32 km.

Safety

When it comes to safety, this community excels. According to the latest crime statistics from Statistics Canada (2020), the neighbourhood has a Below Average crime rate of 7,470.82, with 52,217 incidents per 100,000 population. Compared to other Canadian cities, this rate is Average. The year-over-year change in crime rate is a notable -14.94%, indicating a decrease in criminal activity.

Demographics

This neighbourhood is a diverse and welcoming community, with 56% of residents holding a university certificate or degree, which is High compared to other BC neighbourhoods. The median household income is a respectable $116,395, while the median personal income is $42,317, both of which are High compared to the BC average. A significant 40.4% of households in this area have a mortgage, which is Low compared to other neighbourhoods.

Transit

Getting around is a breeze, thanks to the nearby Westbound SW Marine Dr @ Camosun St bus station, just 0.15 km away from this property. With 18.3% of the population using public transport, you'll have easy access to Vancouver's vast network of buses and trains.

Lifestyle Amenities

This community offers a range of exciting lifestyle amenities, including:

• Beautiful parks and beaches, perfect for outdoor enthusiasts
• A vibrant shopping mall with a variety of stores and restaurants
• Convenient access to grocery stores and coffee shops
• Nearby hospitals and medical facilities for peace of mind
• Plenty of opportunities for dog owners to exercise their pets

Real Estate Context

The average dwelling value in this neighbourhood is a stunning $3,294,287, which is High compared to other areas in British Columbia. With average owner payments of $2,457 and tenants paying $1,822, this property offers a great investment opportunity. A mere 18.4% of the population in this area are renters, which is Average compared to other BC cities.

Community Insights

This community is a close-knit and family-oriented area, with an average family size of 3.1, which is Above Average compared to the whole region. The neighbourhood has a population density of 3,399.5 people per square kilometre, which is Above Average. With 62.7% of the population married or living common law, this area is a great place to put down roots.

Getting Around

With 69.3% of the population using cars, this area is easily accessible by vehicle. However, 6% of residents prefer to use bicycles, and 4% walk, making it a great place to live for those who value a more active lifestyle.

Experience the best of Vancouver at 4063 W 40th Avenue, MLS^® R3071002. Contact me today to schedule a viewing and make this incredible property your dream home.