1002 889 Pacific St, Vancouver, BC, MLS^® R3088519

Welcome to 1002 889 Pacific Street, Vancouver, BC - MLS^® R3088519

As we step into the vibrant Downtown VW area, you'll discover a beautiful home located at 1002 889 Pacific Street, Vancouver, BC. This stunning property is listed on MLS^® R3088519. Let's explore the community and neighborhood highlights that make this area so desirable.

Education

Just down the road, you'll find Elsie Roy Elementary School, rated 6.1/10, which is located a mere 0.76 km from our property at 1002 889 Pacific Street. This excellent school is a top choice for families, offering a nurturing environment for young minds. King George Secondary School, with its No Rating, is also nearby, situated 1.56 km from our home. Additionally, we have Anchor Point Montessori, an independent elementary school with No Rating, just 0.08 km away, and Pattison School, a secondary independent school with No Rating, located 0.67 km from our property.

Safety and Crime Rate

When it comes to safety, we're pleased to report that the crime rate near 1002 889 Pacific Street, Vancouver, BC is Average, with 7,470.82 incidents per 100,000 population, according to Statistics Canada's 2020 report. While there were 52,217 disturbances in the neighborhood, the overall crime rate is below the national average. Property crimes, such as theft and vandalism, are Above Average, with a rating of 5,020.27. However, violent crimes are Below Average, with a rate of 1,311.69. You can enjoy peace of mind knowing that our neighborhood is relatively safe.

Demographics and Lifestyle

The community surrounding 1002 889 Pacific Street, Vancouver, BC is a desirable place to live, with 47% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. Additionally, the median household income is $55,936, which is Below Average in comparison to the British Columbia average. The median personal income is $40,817, which is Above Average. You'll also appreciate the high percentage of households with a mortgage, at 72.8%, and the low unemployment rate of 5.9%.

Transportation and Amenities

Getting around is easy, with the Northbound Burrard St @ Pacific St bus station just 0.12 km away from our property at 1002 889 Pacific Street, Vancouver, BC. With a high population density of 34,624.2 people per square kilometer, you'll find plenty of amenities within walking distance. Enjoy the convenience of being close to grocery stores, restaurants, coffee shops, and hospitals.

Real Estate Context

The average value of dwellings in this neighborhood is $705,201, which is High compared to other areas in British Columbia. With an average owner payment of $1,746 and tenant payments of $1,369, you can expect a relatively high cost of living. However, 65.6% of the population are renters, which is High compared to other BC cities.

Language and Transportation

While English and French speakers make up 12% of the population, English speakers only account for 86%, which is Below Average. Neither English nor French speakers make up 1.8% of the population, which is Above Average. You'll also appreciate the high percentage of people using public transport (26%), bicycles (3.2%), and walking (41.7%).

Investment Opportunity

As we explore the real estate context surrounding 1002 889 Pacific Street, Vancouver, BC (MLS^® R3088519), you'll discover a thriving neighborhood with a high population growth rate of 40.2% between 2011 and 2016. This is a great investment opportunity for those looking to capitalize on the area's potential.

In conclusion, 1002 889 Pacific Street, Vancouver, BC (MLS^® R3088519) is a unique and desirable property located in the heart of Downtown VW. With its excellent schools, Average safety and crime rate, and high population growth rate, this neighborhood is an attractive option for families, investors, and those looking for a vibrant urban lifestyle.