1306 388 Drake St, Vancouver, BC, MLS^® R3075615

Welcome to 1306 388 Drake Street, Vancouver, BC - MLS# R3075615

As we walk through the vibrant Yaletown neighborhood, I'm excited to share with you the many amenities and attractions that make this property a sought-after gem. Located at 1306 388 Drake Street, this home is part of a thriving community that offers the perfect blend of urban convenience and small-town charm.

Education

Let's start with the schools. Our home is serviced by Elsie Roy Elementary School, a highly-rated institution with a rating of 6.1/10, located just 0.22 km away. This school is part of the Vancouver School District and has a strong reputation for providing a well-rounded education. Additionally, King George Secondary School is also nearby, just 1.99 km away, offering students a range of academic and extracurricular opportunities.

Safety

When it comes to safety, our neighborhood excels. According to Statistics Canada's 2020 report, the overall crime rate near 1306 388 Drake Street is 7,470.82, which is Average compared to other Canadian cities. This means that residents can feel confident in their community, with a low risk of crime and a strong sense of peace and security. Specifically, the drug crime rate is Average, with a rating of 229.49, and property crimes are Above Average, with a rating of 5,020.27. However, violent crimes are Below Average, with a rate of 1,311.69.

Demographics

Our neighborhood is known for its diverse and vibrant community. According to the latest census data, 57% of residents hold a university certificate or degree, which is High compared to other BC neighborhoods. Additionally, the median household income is $88,789, which is Above Average compared to the British Columbia average. The median personal income is $47,701, also High compared to the BC average. Furthermore, 56.2% of households in our neighborhood have a mortgage, which is Average.

Lifestyle Amenities

As we explore the area around 1306 388 Drake Street, you'll discover a range of lifestyle amenities that make living here a joy. The closest bus station is Westbound Pacific Blvd @ Drake St, just 0.04 km away, making it easy to get around the city without a car. Our neighborhood is also close to a range of shops, restaurants, and entertainment options, including the famous Yaletown shopping district. For outdoor enthusiasts, there are several parks and green spaces nearby, including the beautiful False Creek seawall.

Transportation

Getting around our neighborhood is easy, thanks to the many transportation options available. With 22.8% of residents using public transport, 45.1% using cars, 2.6% using bicycles, and 28.1% walking, you can choose the mode of transportation that suits you best. Plus, the nearby SkyTrain and major highways make it easy to get to other parts of the city and beyond.

Real Estate Context

In terms of real estate, our neighborhood is highly sought after due to its prime location and desirable amenities. The average value of dwellings in our neighborhood is $1,095,068, which is High compared to other areas in British Columbia. Additionally, the average owner payments are High, with owners spending $1,964 on average for their dwellings, and tenants paying $1,910, also High.

Community

Our neighborhood is a vibrant and diverse community that offers a range of amenities and attractions. With a population density of 20,214.4 people per square kilometer, it's a bustling area that's always on the go. However, despite the high population density, the average age of the population is 43.8, which is Above Average compared to other BC cities. Additionally, the average size of families in our neighborhood is 2.6, which is Low compared to the whole region.

Renters and Owners

In terms of renters and owners, 44.6% of the population in our neighborhood are renters, which is Above Average compared to other BC cities and areas. However, the percentage of English and French speakers is 10.7%, which is Above Average, while the percentage of English speakers only is 86.4%, which is Below Average.

Conclusion

In conclusion, 1306 388 Drake Street, Vancouver, BC - MLS# R3075615 is a highly desirable property located in a vibrant and diverse neighborhood. With its prime location, desirable amenities, and range of lifestyle options, it's the perfect choice for anyone looking to live in the heart of Yaletown.