1 244 E 5th St, North Vancouver, BC, MLS^® R3078213

Welcome to this stunning property located at 1 244 E 5th Street in the heart of North Vancouver, BC. As your trusted realtor, I'm excited to take you through the neighborhood and highlight the top features that make this an incredible place to call home.

First, let's talk about education. The closest elementary independent school to this property is St. Alcuin College for the Liberal Arts, which boasts a rating of No Rating. Located just 0.49 km from your new home, this school offers a unique and engaging learning experience for your children. As a parent, you'll appreciate the close proximity and the opportunity to be involved in your child's education.

When it comes to crime rates, the data from Statistics Canada indicates that this neighborhood is experiencing an Average crime rate of 7,462.69 incidents per 100,000 population. While this may seem high, it's essential to understand that this is a typical urban crime rate, and the community is working to maintain a safe environment for residents. Furthermore, the year-over-year change in crime rates is a positive -4.31%, indicating a decreasing trend.

Now, let's explore the demographics of this vibrant community. With 31.8% of the population holding a university certificate or degree, this neighborhood is above average in terms of educational attainment. In fact, this is one of the highest percentages in BC. On the other hand, 8.3% of the population has no certificate or degree, which is lower than the average in BC. This demographic snapshot paints a picture of a community that values education and is committed to lifelong learning.

Regarding income levels, the median household income in this area is $75,315, which is average compared to the BC average. However, the median personal income is $38,115, which is above average in BC. This suggests that many residents in this community are enjoying a comfortable standard of living.

In terms of housing, the average value of dwellings in this neighborhood is $963,515, which is high compared to other areas in British Columbia. However, the average owner payments are also high, with homeowners spending an average of $1,744 per month. Tenants, on the other hand, are paying an average of $1,364 per month, which is also high.

As you can see, this community is thriving, with a diverse range of residents and a strong sense of community. With 46.2% of the population renting, this is an above-average percentage in BC. However, 54.7% of residents are married or living common law, which is below average.

When it comes to transportation, 21% of the population uses public transport, which is above average. However, 64.6% of residents use cars, which is low. 3.5% of people use bicycles, which is high, and 8.4% of the population walks, which is also above average.

In terms of lifestyle amenities, this neighborhood offers a range of options, including parks, beaches, and trails. You'll also find shopping malls, grocery stores, restaurants, and coffee shops nearby. With the beautiful mountains and ocean views, this is an ideal location for outdoor enthusiasts and nature lovers.

Finally, let's talk about the local economy. With an unemployment rate of 4.8%, this is a low percentage compared to other provinces. The average age of the population is 40.5, which is average in BC. However, the average value of dwellings in this area is high, indicating a strong and stable housing market.

In conclusion, this property at 1 244 E 5th Street in North Vancouver, BC (MLS^® R3078213) offers an exceptional lifestyle and a range of amenities that make it an attractive choice for families and individuals alike. With its close proximity to schools, parks, and transportation options, this is a fantastic opportunity to own a piece of this vibrant community.

As your trusted realtor, I invite you to explore this property and experience all that it has to offer. Contact me today to schedule a viewing and make this your dream home a reality.

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