1365 W 7th Ave, Vancouver, BC, MLS^® R3081156

Welcome to 1365 W 7th Avenue, a vibrant and sought-after neighborhood in Vancouver's Fairview VW community. As your local realtor, I'm excited to share with you the charms of this area and why it's a fantastic place to call home.

Schools

Our community is served by some of the best schools in the province. False Creek Elementary School is just a 0.65 km walk from this property, offering a rating that reflects its commitment to excellence. Nearby Kitsilano Secondary School is 2.14 km away, providing students with a strong foundation for their academic journey. St. Augustine's, an independent elementary school, is 1.32 km from this property, offering a unique learning experience for students. And for secondary education, Century High School is just a short 0.77 km stroll away.

Crime

According to the latest crime data from Statistics Canada (2020), this neighborhood has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. With 52,217 reported incidents, the rate is 7,470.82 per 100,000 population. While this may seem like a lot, it's essential to put it into perspective. The year-over-year change in the total crime rate is -14.94%, indicating a decrease in overall crime in the area. As for specific types of crime, the drug crime rate is Average, with 229.49 incidents per 100,000 population, and property crimes are Above Average, with 5,020.27 incidents per 100,000 population.

Demographics

Our community is a melting pot of cultures, with 58.9% of residents holding a university certificate or degree, making it one of the highest in British Columbia. In contrast, only 2.8% of the population in this area have no certificate or degree, which is significantly lower than the provincial average. The median household income is $89,971, which is Above Average compared to other areas in British Columbia. The median personal income is $57,280, also High compared to the provincial average. Interestingly, 72.3% of households in this area have a mortgage, indicating a strong commitment to homeownership.

Transit

Convenience is key in this neighborhood, with the closest bus station, Westbound W Broadway @ Hemlock St, just 0.2 km away from this property. With 27.5% of the population using public transport, 44.2% using cars, 6.7% using bicycles, and 20.4% walking, our community is well-connected and accessible.

Lifestyle Amenities

When it comes to lifestyle amenities, our community has it all. Residents can enjoy the nearby parks, beaches, trails, and dog parks, making it an ideal spot for outdoor enthusiasts. For shopping enthusiasts, there are several shopping malls and grocery stores within walking distance. And for foodies, the area is home to a diverse range of restaurants and coffee shops.

Real Estate Context

The average value of dwellings in this neighborhood is $814,643, which is High compared to other areas in British Columbia. With 45.7% of the population renting, this is Above Average compared to other BC cities and areas. The average owner payments are High, with $1,860 spent per month, and tenants are paying $1,709, also High compared to other cities.

Unemployment and Population Growth

The unemployment rate in this area is 4.2%, which is Low compared to other province neighborhoods. The population growth between 2011 and 2016 was 69.4%, which is High compared to average growth rates in the region.

Language and Transportation

Interestingly, 13.3% of the population in this area speak both English and French, which is Above Average. However, 85.4% of residents speak only English, which is Below Average. The percentage of French speakers is 0.1%, which is Low. When it comes to transportation, 27.5% of the population uses public transport, which is High, and 20.4% walk, also High.

Average Family Size and Age

The average family size in this area is 2.4, which is Low compared to the whole region. The percentage of families with children is 33%, which is also Low. The average age of the population is 39, which is Below Average compared to other BC cities.

If you're looking for a vibrant community with excellent schools, amenities, and a strong sense of community, 1365 W 7th Avenue in Vancouver's Fairview VW is an excellent choice. With its High average value of dwellings, Low unemployment rate, and a High percentage of residents using public transport or walking, this neighborhood has it all. As your local realtor