116 108 E 8th St, North Vancouver, BC, MLS^® R3079225

Welcome to 116 108 E 8th Street, a stunning property in the heart of North Vancouver, BC's desirable Central Lonsdale area, listed as MLS^® R3079225. As your trusted realtor, I'm excited to share with you the many charms of this vibrant neighborhood.

Let's start with the local schools. Families love this area because of its proximity to St. Alcuin College for the Liberal Arts, an esteemed elementary and secondary school with a No Rating, located just 0.13 km from this home. This school offers a well-rounded education, and its close proximity to your new home makes it an ideal choice for families.

Now, let's talk about safety. According to Statistics Canada's 2020 report, this neighborhood has an Average crime rate of 7,462.69, which is comparable to other Canadian cities. While there were 4,450 reported disturbances, the year-over-year change in the total crime rate is a reassuring -4.31%. Additionally, the drug crime rate is Below Average, with a rating of 157.64, indicating a relatively low incidence of illicit substance offenses.

In terms of property crimes, this neighborhood is Above Average, with a rating of 3,868.86. However, the year-over-year change in the property misconduct rate is a modest -1.56%. It's worth noting that there were 2,307 reported property crimes in 2020. Looking at violent crimes, we see a Below Average rate of 1,152.10, which is a testament to the neighborhood's commitment to safety.

For those who rely on public transportation, you'll appreciate the convenient proximity to the Northbound Lonsdale Ave @ E 8th St bus station, just 0.13 km away from this listing.

Now, let's dive into the demographic details of this neighborhood. A notable 38% of residents hold a university certificate or degree, which is High compared to other BC neighborhoods. Conversely, only 5.7% of the population have no certificate or degree, indicating a well-educated community.

Regarding income, the median household income in this neighborhood is $55,050, which is Below Average compared to the British Columbia average. However, the median personal income is $36,720, which is Above Average. Interestingly, 54.3% of households in this census subdivision have a mortgage, which is Below Average.

As for employment, the unemployment rate in this area is a low 5%, which is a positive indicator of the neighborhood's economic health.

In terms of population growth, this neighborhood has experienced an Above Average growth rate of 3.3% between 2011 and 2016. The population density in this area is High, with 15,864.1 people per square kilometer.

Families in this neighborhood tend to be smaller, with an average size of 2.4 people per household, which is Low compared to the whole region. The percent of families with children is 40.9%, which is also Low. However, the average age of the population is 44.2 years, which is Above Average compared to other BC cities.

When it comes to real estate, the average value of dwellings in this neighborhood is $476,098, which is Above Average compared to other areas in British Columbia. The average owner payments are Average, with $1,200 spent on average for the dwelling. Tenants, on the other hand, pay $1,201 in average, which is Above Average.

Interestingly, 63.7% of the population in this district are renters, which is High compared to other BC cities and areas.

Finally, let's look at language proficiency. While 9.8% of the population speaks both English and French, which is Above Average, only 0.1% speak French exclusively, and 1.3% speak neither English nor French.

As for transportation, 31.2% of the population uses public transport, which is High, while 49% use cars, which is Low. 2.2% of people use bicycles, which is Above Average, and 15.1% walk, which is also High.

Overall, 116 108 E 8th Street, North Vancouver, BC, MLS^® R3079225, is a fantastic property in a vibrant neighborhood that offers a unique blend of safety, education, and convenience. Whether you're a family or an individual, this home has something to offer.