Below Assessment Value, 16.25% cheaper than comparables
Welcome to London Place, a centrally located DT Vancouver gem built for the urban lifestyle. This very rare 2-bedroom home offers a smart, functional floorplan, high ceilings, fresh paint, and in-suite laundry. Enjoy walkable access to all that Downtown has to offer, from top restaurants and shopping to transit and entertainment. The solid, well-managed building features four elevators, so convenience is never compromised. Residents enjoy fantastic amenities, including an air-conditioned gym, rooftop hot tub, and a games room with pool table, TV, and library. Incl 1 parking, 1 storage locker and heat incl in monthly fees. Priced below BC Assmnt, this is exceptional value in a prime location. Open House Saturday & Sunday, 1-3 PM.
General Info
Property Metrics
Additional Details
Heating & Cooling
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Parking
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 13'5 x 13'5 ft |
| Main Level | Foyer | 7' x 7' ft |
| Main Level | Primary Bedroom | 19'2 x 19'2 ft |
| Main Level | Bedroom | 14'2 x 14'2 ft |
| Main Level | Kitchen | 12' x 12' ft |
| Main Level | Dining Room | 13' x 13' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #4 |
| Main Level | No | #4 |
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Noise/ Power Lines
Other
Welcome to 1108 1177 Hornby Street, a stunning property nestled in the heart of Downtown Vancouver, offering an unparalleled lifestyle that's hard to resist. With its prime location, this home with MLS® R3076344 is perfectly positioned for those who crave the urban buzz.
Let's start with the educational landscape surrounding this incredible property. The nearby Lord Strathcona Community Elementary School boasts a rating of No Rating, and it's conveniently located just 1.16 km from 1108 1177 Hornby Street, making it an ideal choice for families. Additionally, King George Secondary School, also rated No Rating, is just 1.36 km away, offering students a seamless transition from elementary to secondary education.
For those seeking an independent educational experience, Anchor Point Montessori Elementary school is a mere 0.29 km from this property, while Pattison School, an independent secondary school, is just 0.3 km away. These esteemed institutions provide an excellent opportunity for students to thrive in a unique and supportive environment.
Now, let's delve into the community's safety and security. According to Statistics Canada's 2020 report, this neighbourhood has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. The rate of 52,217 volation disturbances in the area is also Average. Notably, the year-by-year change in the total crime rate is -14.94%, indicating a downward trend in criminal activity.
Regarding drug-related crimes, the neighbourhood has an Average rating, with 1,604 incidents reported in 2020. The year-by-year change in the illegal substances offences ranking is 1.58%. Property crimes in the area are Above Average, with 35,089 incidents reported in 2020. The property misconduct rate adjacent to MLS® R3076344 is 5,020.27. Notably, the year-by-year change in the property misconduct rate is -20.80%.
Violent crimes in the area are Below Average, with 9,168 incidents reported in 2020. This is a reassuring aspect of living in this community, especially for families with children.
Now, let's explore the lifestyle amenities that make this property so desirable. The closest Bus station, Eastbound Davie St @ Burrard St, is just 0.07 km away from this listing with MLS® R3076344, making it easy to get around the city.
This neighbourhood is home to a highly educated population, with 52% of residents holding a university certificate or degree. This is High compared to other BC neighbourhoods. Additionally, 5.5% of the population in this area have no certificate or degree, which is Low compared to the average in BC.
The median household income in this neighbourhood is $62,771, which is Below Average compared to the British Columbia average. However, the median personal income is $41,842, which is Above Average compared to the BC average. Notably, 73.7% of households in this census subdivision have a mortgage, which is High.
Unemployment rates in the area are Low, at 4.3%, making it an attractive location for job seekers. The population change between 2011 and 2016 was 21.5%, which is High compared to the average growth rate of this region.
The community surrounding this property is characterized by a high population density, with 31,632.3 people per square kilometre. This is a vibrant and dynamic environment that offers a unique lifestyle experience. The average size of families in this area is 2.3, which is Low compared to the whole region.
Interestingly, 27.3% of families in this area have children, which is Low. However, 40.6% of the population are married or living common law, which is also Low. The average age of the population in this area is 38.8, which is Below Average compared to other BC cities.
As for the real estate market, the average value of dwellings in this neighbourhood is $651,930, which is High compared to other areas in British Columbia. Average owner payments are High in this area, with owners spending $1,621 on average for their dwellings. Tenants, on the other hand, are paying $1,478 on average, which is also High.
Interestingly, 58% of the population in this area are renters, which is High compared to other BC cities and areas. However, 86.8% of the population speak only English, which is Below Average. Only 0.1% of the population speak only French, which is Low. Notably, 1.6% of the population speak neither English nor French, which is Above Average compared to other BC cities.
In terms of transportation, 22% of the population in this area use public transport, which is
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