5570 Newton Wynd, Vancouver, BC, MLS^® R3055846

Welcome to 5570 Newton Wynd, a stunning property located in the heart of Vancouver, BC, and listed with MLS^® R3055846. As your trusted realtor, I'm excited to take you on a tour of this beautiful neighborhood and highlight its many amenities.

Let's start with the schools. University Hill Elementary School is just a short 0.59 km away from this property, with a rating of 6.4/10. Families love this area because of its excellent education system, and University Hill Elementary School is no exception. You'll also find University Hill Secondary School, located 2.4 km from the property, with a rating of No Rating. Additionally, the closest elementary independent school, Eaton Arrowsmith School, is just 1.59 km away, with a rating of No Rating.

Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighborhood has an average crime rate of 7,880.54, which is comparable to other Canadian cities. However, the year-over-year change in the total crime rate is a impressive -20.79%, indicating a decrease in crime over time. When it comes to specific types of crime, the illegal substances offenses rating is Below Average, with 100.11 incidents in 2020, and a year-over-year change of -1.22%. Property crimes, on the other hand, are Above Average, with 869 incidents in 2020, and a year-over-year change of -29.18%. Lastly, the violent crime rate is Low, with 1,012.18 incidents in 2020, and a year-over-year change of -14.39%.

Getting around is easy, with the Westbound Chancellor Blvd @ Allison Rd bus station just 0.22 km away from this property. You'll also have access to major highways and public transportation, making it convenient to commute to work or explore the city.

Now, let's take a look at the demographics of this neighborhood. With 57.1% of the population holding a university certificate or degree, this is a highly educated community. In fact, this is one of the highest rates in British Columbia. On the other hand, 5.3% of the population has no certificate or degree, which is a lower rate compared to the average in BC.

When it comes to income, the median household income in this neighborhood is $48,141, which is lower than the British Columbia average. However, the median personal income is $22,217, also lower than the BC average. The percentage of households with a mortgage is 47.4%, which is lower than the average in BC.

The unemployment rate in this area is 11%, which is higher than the average in other provinces. However, the population growth rate between 2011 and 2016 was 5.9%, which is higher than the average growth rate in this region.

The population density per square kilometer in this community is 1,986.7, which is higher than the average in BC. The average size of families in this area is 2.9, which is an average number compared to the whole region. However, 66.3% of families have children, which is higher than the average. The percentage of married or living common law is 47.3%, which is lower than the average.

The average age of the population in this area is 34.4, which is lower than the average in other BC cities. The average value of dwellings in this neighborhood is $1,434,543, which is higher than the average in other areas in British Columbia.

As for the housing market, the average owner payments are high in this area, with owners spending an average of $1,897 for their dwellings. Tenants, on the other hand, are paying $1,634, which is also high compared to other cities.

The percentage of renters in this area is 54.2%, which is higher than the average in other BC cities and areas. When it comes to language, the percentage of English and French speakers is 10.2%, which is higher than the average. However, the percentage of English speakers only is 84.6%, which is lower than the average.

The transportation in this area is diverse, with 23.9% of the population using public transportation, 35.6% using cars, 7.7% using bicycles, and 31.3% walking.

In summary, 5570 Newton Wynd, Vancouver, BC, MLS^® R3055846, is a stunning property located in a highly educated and diverse community. With its excellent schools, safe neighborhood, and convenient transportation options, this property is a great option for families and individuals alike.