1443 Mcrae Ave, Vancouver, BC, MLS^® R3071738

Welcome to 1443 Mcrae Avenue, a stunning property in Vancouver's desirable Shaughnessy neighborhood, listed as MLS® R3071738.

As we step into this beautiful community, let's start with the schools. The property is serviced by Shaughnessy Elementary School, which boasts a rating of 7.2/10. Located just 1.06 km from the property, this school is a testament to the area's commitment to education. Families love this area because of its strong school system and excellent teaching staff.

Just down the road, you'll find York House School, an independent elementary school with a rating of 10/10. It's located a mere 0.92 km from this home, making it an excellent option for families who value academic excellence. This school's exceptional reputation is reflected in its outstanding test scores and dedicated faculty.

Now, let's talk about safety. According to Statistics Canada's 2020 report, this neighborhood experienced 52,217 disturbances, resulting in an overall crime rate of 7,470.82. While this may seem high, it's essential to note that the crime rate is average compared to other Canadian cities. In fact, the year-over-year change in the total crime rate is a notable -14.94%. This trend suggests that the area is experiencing a decrease in crime, making it an even safer place to live.

Moving on to demographics, this neighborhood is a hub of educated professionals. A staggering 51.6% of residents hold a university certificate or degree, making it one of the highest percentages in British Columbia*. This high level of education contributes to a strong sense of community and a thriving local economy.

In terms of income, the median household income near this property is a substantial $98,048, which is well above the British Columbia average*. Furthermore, the median personal income is $40,811, also above average*. While 41.3% of households in this area have a mortgage, this percentage is relatively low compared to other neighborhoods.

The area around 1443 Mcrae Avenue is also experiencing a low unemployment rate of 5.8%, which is below average compared to other provinces*. This economic stability is a significant draw for families and individuals looking to settle in the area.

Now, let's discuss the property itself. Located in the heart of Shaughnessy, this neighborhood is experiencing a population change of -1.7% between 2011 and 2016, which is below average compared to the region's growth rate*. The population density is a relatively high 2,077.3 people per square kilometer, which is above average for the area.

The average family size in the area is a comfortable 2.9, which is average compared to the region. Additionally, 59.5% of families in the area have children, making it an excellent choice for families. The average age of the population is 41.3, which is average compared to other BC cities.

In terms of real estate, the average value of dwellings in this neighborhood is a staggering $3,083,415, which is high compared to other areas in British Columbia*. The average owner payments are also high, with homeowners spending an average of $2,589 per month. Tenants, on the other hand, pay an average of $1,571 per month, which is also high.

Finally, let's talk about transportation. The closest bus station is the Eastbound Marpole Ave @ McRae Ave, located just 0.14 km away from this property. This convenient access to public transportation makes it easy to get around the city without a car.

In conclusion, 1443 Mcrae Avenue is a fantastic property in a desirable neighborhood that offers a unique blend of safety, education, and economic stability. With its strong school system, average family size, and high level of education, this area is an excellent choice for families and individuals alike. Don't miss out on this opportunity to own a piece of Vancouver's real estate.

• According to Statistics Canada's 2020 report and other credible sources.

MLS® R3071738