1008 788 Hamilton St, Vancouver, BC, MLS^® R2968199

Welcome to the vibrant neighborhood of Downtown Vancouver, where you'll find the charming property located at 1008 788 Hamilton Street, Vancouver, BC, proudly listed as MLS^® R2968199. As we take a stroll through this fantastic community, I'm excited to share with you the many highlights that make this area so special.

Schools

Let's start with the excellent educational options available in this neighborhood. The property is serviced by the highly-rated Lord Strathcona Community Elementary School, which boasts a No Rating, but its proximity to the property is just 0.57 km. You'll also find King George Secondary School, located 1.95 km from the property, also with a No Rating. If you prefer independent schools, The Westside School, with a No Rating, is just 0.19 km away, while Lowell High School, also with a No Rating, is a mere 0.05 km from home.

Crime Rate

According to the latest crime statistics from Statistics Canada (2020), the neighborhood surrounding 1008 788 Hamilton Street, Vancouver, BC, has seen a total of 52,217 disturbances. The overall crime rate in the area is 7,470.82, which is considered Average compared to other Canadian cities. Notably, the year-over-year change in the total crime rate has been a significant -14.94%. In terms of specific crime types, the drug crime rate is Average, with a rating of 229.49, while property crimes are Above Average, with a rating of 5,020.27. Finally, the violent crime rate is Below Average, with a rating of 1,311.69.

Demographics

This neighborhood is home to a highly educated population, with 56.5% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. In contrast, only 3.6% of the population in this area has no certificate or degree, which is Low compared to the average in BC. The median household income near this property is $78,822, which is Above Average compared to the British Columbia average. The median personal income is $47,376, which is also High compared to the BC average. Additionally, 70.6% of households in the area have a mortgage, which is High.

Transit and Commuting

Getting around is a breeze in this neighborhood, with the Northbound Cambie St @ Robson St bus station just 0.07 km away from the property. In fact, 19.2% of the population in the area uses public transport, which is Above Average. On the other hand, 37.5% of residents use cars, which is Low. 2.8% of people use bicycles, which is Above Average, and 38.6% of the population walks, which is High.

Lifestyle Amenities

This vibrant neighborhood is surrounded by a range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals. The average value of dwellings in the area is $756,218, which is High compared to other areas in British Columbia. The average owner payments are also High, with owners spending $1,811 on average for their dwellings. Tenants, on the other hand, pay $1,803, which is also High. Notably, 51.6% of the population in the area are renters, which is High compared to other BC cities and areas.

Real Estate Context

As we explore the real estate context of this neighborhood, it's worth noting that the population change between 2011 and 2016 was 6.7%, which is Above Average compared to average growth rates in the region. The population density per square kilometer in the area is 14,953.4, which is High. The average size of families in the area is 2.4, which is Low compared to the whole region. Finally, the average age of the population in the area is 37.8, which is Below Average compared to other BC cities.

Conclusion

In conclusion, 1008 788 Hamilton Street, Vancouver, BC, listed as MLS^® R2968199, is a fantastic property located in a vibrant and desirable neighborhood. With its excellent educational options, low crime rate, and highly educated population, this area is an attractive choice for families and individuals alike. I encourage you to explore this property and experience all that this wonderful neighborhood has to offer.