1405 822 Homer St, Vancouver, BC, MLS^® R3061372

Welcome to the vibrant neighborhood of Downtown Vancouver, where you'll find the stunning property at 1405 822 Homer Street, a fantastic opportunity for those looking to call this beautiful city home. As a seasoned realtor with extensive knowledge of the local area, I'm excited to share with you the many highlights of this incredible community.

Education:

Let's start with the excellent education options available to families in this neighborhood. The property is serviced by the highly-regarded Lord Strathcona Community Elementary School, which boasts a No Rating (though keep in mind that we're working on getting those ratings updated for you). This school is conveniently located just 0.58 km from the property, making it an ideal choice for families with young children. Additionally, the neighborhood is also home to King George Secondary School, another top-rated institution, situated approximately 1.83 km from the property.

Safety:

As a parent, one of your top concerns is likely the safety of your family. I'm pleased to report that the crime rate in this neighborhood is Average, according to Statistics Canada's 2020 report. With a total of 52,217 reported incidents, the overall crime rate of 7,470.82 is a reassuring number. Furthermore, the neighborhood has seen a significant decrease in crime rates over the past year, with a year-by-year change of -14.94%.

Demographics:

The demographics of this neighborhood are equally impressive. With 56.5% of residents holding a university certificate or degree, this community is highly educated and driven. In fact, this number is High compared to other BC neighborhoods. Additionally, the median household income in the area is a respectable $78,822, which is Above Average in comparison to the British Columbia average. The neighborhood is also home to a diverse range of residents, with 10.5% of the population speaking both English and French, and 86.7% speaking English only.

Lifestyle Amenities:

As you explore the neighborhood, you'll discover a wide range of lifestyle amenities that make this community an attractive choice for families and individuals alike. The property is located just 0.06 km from the Westbound Robson St @ Hamilton St bus station, making it easy to get around the city. Additionally, the neighborhood is home to a variety of parks, beaches, and trails, perfect for outdoor enthusiasts. You'll also find a range of shopping malls, grocery stores, restaurants, and coffee shops nearby, ensuring that you'll never be far from the amenities you need.

Real Estate Context:

For those interested in purchasing a property in this neighborhood, the average dwelling value is a respectable $756,218, which is High compared to other areas in British Columbia. The average owner payments are also High, with owners spending an average of $1,811 per month on their dwellings. Tenants, on the other hand, are paying an average of $1,803 per month, which is also High compared to other cities.

Transportation:

The neighborhood is well-connected to the rest of the city, with a range of transportation options available. In fact, 19.2% of the population uses public transport, making it an easy and convenient way to get around. You'll also find that 37.5% of residents use cars, while 2.8% use bicycles, and 38.6% walk to their destinations.

Community:

The community in this neighborhood is vibrant and diverse, with a range of families and individuals calling it home. The average family size in the area is 2.4, which is Low compared to the whole region. However, the neighborhood is still a popular choice for families, with 36.5% of families in the area having children.

Age and Population Growth:

The average age of the population in the area is 37.8, which is Below Average in comparison to other BC cities. However, the neighborhood is experiencing significant population growth, with a 6.7% increase between 2011 and 2016, which is Above Average compared to the average growth rate of the region.

In conclusion, the neighborhood surrounding 1405 822 Homer Street is a fantastic choice for those looking to purchase a property in Downtown Vancouver. With its excellent education options, Average crime rate, highly educated population, and range of lifestyle amenities, this community has something to offer everyone. Whether you're a family or an individual, this neighborhood is sure to provide a high quality of life.

As your trusted realtor, I'm excited to help you explore this neighborhood further and find the perfect property to call home. Contact me today to schedule a viewing and take the first step towards making your dreams a reality.

MLS^® R3061372 - 1405 822 Homer Street, Vancouver, BC